10079 W Lilac Road
About This Property
At the heart of the property sits a charming 3-bedroom, 2-bath main residence currently operating as a successful Airbnb, offering immediate income potential or the perfect private retreat. Inside, bright, airy living spaces are framed by panoramic views, capturing the ease and beauty of Southern California living.
Downstairs, a separate 1-bedroom apartment adds a powerful layer of flexibility-ideal for guest accommodations, rental income, staff housing, or a private office or studio. Whether you're hosting, leasing, or creating, the layout supports a true live-work lifestyle.
What truly sets this property apart is the fully operational 29,000-square-foot hydroponic greenhouse-a scale and level of infrastructure rarely available in North County. Professionally equipped and production-ready, this expansive facility opens the door to commercial agriculture, specialty crops, nursery production, or innovative ag-tech ventures. It has even supported agricultural training programs, including initiatives serving military veterans pursuing careers in controlled-environment farming.
For entrepreneurs and investors, this is the shortcut most never find-an established, income-capable agricultural operation already in place, eliminating the time, cost, and complexity of building from the ground up.
The 2.46-acre lot offers additional space to expand operations, develop outdoor growing areas, or design a private farm retreat. The elevated setting delivers coastal breezes, glowing sunsets, and a sense of privacy that feels worlds away-yet remains conveniently connected to I-15, local farm markets, and regional distribution routes.
Properties that combine a successful short-term rental, a separate apartment, usable acreage, and a fully equipped commercial greenhouse are exceptionally rare. This is more than a home-it's a platform for vision.
Grow your life here-space, sun, income, and the freedom to create something real.
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 14, 2026 | Sold | ||
| Sold | |||
| May 13, 2026 | In contract | - | |
| In contract | |||
| Mar 22, 2026 | Price Decreased |
$2,100,000
↓ $100K
(4.6%) | |
| Price Decreased | |||
| Mar 6, 2026 | Listed by Rise Realty | $2,200,000 | |
| Listed by Rise Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017