11606 Mesa Verde Dr
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Aug 11, 2025 | Sold | ||
| Sold | |||
| Jul 17, 2025 | In contract | - | |
| In contract | |||
| Jun 1, 2025 | Listed by 1st Class Real Estate SD | $1,498,750 | |
| Listed by 1st Class Real Estate SD | |||
| | |||
|
Welcome to Valley’s View – An Equestrian & Entertainer’s Dream If horses could talk they’d tell you this property isn’t just a home—it’s a lifestyle. Nestled in the peaceful foothills of Valley Center, this custom single-story estate offers luxury living with land, flexibility, and charm that’s hard to find. Step inside and you’re greeted by soaring 18-ft exposed beam ceilings and an open-concept layout that flows seamlessly into sunset views through double French doors. At the heart of the home is a dramatic stone fireplace—perfect for cozy nights and quiet mornings. The private primary suite features a spa-style bath with a jetted tub, walk-through closet with barn doors, and panoramic views that’ll make you forget you’re still in Southern California. The kitchen offers newer appliances, a cozy morning TV nook, and effortless access to the outdoor living spaces—where the real magic happens. Resort-style amenities include a sparkling pool with Baja shelf, fire pit, outdoor shower, covered patio, and low-maintenance landscaping made for golden hour gatherings. For the equestrian at heart (or future hobby farmer), the property features a 3-stall barn with a tack room, space for large turnout pens, and a shaded riding arena—plus vehicle access from the easement road for added convenience. Currently used as a workshop, this flexible space is ideal for animals, gardening, storage, or creative projects. The tack room? Perfect for tools, toys, or yes—saddles and hay. And then there's the secret sauce: a fully graded lower pad with its own access, ready for an ADU, guest house, arena, or even income-producing rental. The oversized driveway fits at least 11 vehicles, RVs included. Additional perks include owned solar (for both home and pool), new 3-zone HVAC systems, new garage doors, a huge attic storage space, and a dedicated electrical panel prepped for backup power. Whether you're looking to build, host, ride, relax, or generate income—this one-of-a-kind property gives you the freedom to do it all. Come experience Valley’s View for yourself. He’ll be waiting.
| |||
| Mar 21, 2025 | Listed | $1,545,000 | |
| Listed | |||
| | |||
|
Equestrian & Entertainer’s Paradise! This stunning single-story custom home by Dennis Miller blends luxury living with attractive horse amenities—perfect for those seeking space, style, and serenity. Step inside to soaring 18-ft exposed beam ceilings and an open-concept living area with double French doors showcasing panoramic foothill views and unforgettable sunsets. The impressive stone fireplace creates a cozy focal point in the heart of the home. The private primary suite features a large walk-through closet with barn doors and a spa-style bath with a jetted tub—perfect for sunset soaks. The kitchen boasts newer appliances and a cozy morning TV room. Enjoy resort-style outdoor living with a sparkling pool and Baja shelf, fire pit, outdoor shower, covered patio, and low-maintenance landscaping. Equestrian features include: • 3-stall barn with tack room • 2 large turnout pens • Shaded riding arena Bonus: Owned solar, new HVAC systems, and new garage doors. Double Bonus: Lower pad perfect for ADU! This one-of-a-kind property offers the best of indoor comfort and outdoor lifestyle. Don’t miss it!
| |||
| May 11, 2018 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017