117 Maiden Lane
About This Property
Discover one of Avalon's most desirable and rarely available properties. Just one elevated block from downtown beaches (Step Beach), the iconic Tuna Club, and the Catalina Island Yacht Club, this exceptional home offers a unique blend of historic charm and prime location.
Situated on two combined parcels totaling 3,993 sq. ft., this 6-bedroom, 4-bathroom single-family residence spans 2,748 sq. ft. of living space. Built in 1920, the home has been a treasured part of the community and has housed notable residents over the decades.
Enjoy panoramic harbor views from the comfort of your living room, dining area, or the beautifully terraced garden-complete with a handcrafted Catalina Pottery bench and fountain. This outdoor retreat is ideal for relaxing, entertaining, and watching fireworks on the 4th of July.
Tucked away on quaint Maiden Lane, which serves only about eight residences, this property offers both privacy and exclusivity. Homes on this street rarely change hands, making this a truly once-in-a-lifetime opportunity.
Additional features include:
Gated off-street carport for secure parking
Grandfathered Conditional Use Permit for up to 14 guests – a valuable asset that transfers once with the sale!
Expansive living spaces ideal for multi-generational living, vacationing, or investment
Avalon is your perfect coastal retreat, offering a vibrant blend of watersports, hiking, nature excursions, and small-town charm. Whether you're seeking a second home, an income-generating property, or a legacy estate to pass down for generations, 117 Maiden Lane is a gem waiting to be discovered.
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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 |
|---|---|---|---|
| Sep 18, 2025 | Sold | ||
| Sold | |||
| Aug 13, 2025 | In contract | - | |
| In contract | |||
| Jul 28, 2025 | Relisted | $2,500,000 | |
| Relisted | |||
| Jun 17, 2025 | In contract | - | |
| In contract | |||
| Apr 22, 2025 | Listed by Catalina Realtors | $2,500,000 | |
| Listed by Catalina Realtors | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017