35
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1204 Yellowstone
About This Property
The middle level offers an oversized family/game room complete with an additional fireplace and access to a second expansive view deck. Two additional bedrooms, a full bath, and large laundry room complete this level. The lower level features the custom bunk room with built-in beds ideal for larger groups and multi-family gathering increasing sleeping capacity stays as well as dramatically increasing rental appeal for maximum rental occupancy. This level also has direct access to the attached 2-car garage. Situated on a private road on an oversized 13,000+ sq ft lot, the property offers ample parking including an additional overflow parking pad. Additional upgrades include a new 200-amp electrical panel, Google Nest doorbell, August smart lock, air conditioning, and most furnishings included. Conveniently located near the National Forest, off-road trails, Tavern Bay, dining, and shopping, this turnkey property is perfect as a full-time residence, vacation getaway, and a documented Airbnb Superhost investment opportunity with proven income history. A rare opportunity to own one of Lake Arrowhead's premier luxury vacation homes.
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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 |
|---|---|---|---|
| Apr 22, 2026 | Listed by Vista Sotheby's International Realty | $895,000 | |
| Listed by Vista Sotheby's International Realty | |||
| May 14, 2025 | Price Decreased |
$899,000
↓ $18K
(2%) | |
| Price Decreased | |||
| Apr 22, 2025 | Listed | $917,000 | |
| Listed | |||
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Welcome home! This lake view, remodeled house will wow you on every floor. If you have been searching for a home with sunlight, lake views, 4 bedrooms, a family room, 2 car garage, and more, then look no further. This unique floor plan offers 3 levels of entertainment. On the main floor you will find a bedroom, gorgeous bathroom with soaking tub that looks out onto the trees, the main living room with soaring ceilings and so many windows to take in all the surroundings. There is the kitchen, dining room, and large attached deck that allows you to take in the lake views and ridgeline views. The second floor boasts a huge family room area with deck attached that mirrors the main floor deck, 2 more bedrooms, a bathroom and large laundry room. The lower floor has a large bunk room with 4 built in beds, and the garage entrance. Located on a short private road the lot is over 13,000 sqft and offers ample parking options, and could be perfect for a fenced in area. You are extremely close to National Forest, off road trials, Tavern Bay beach club and LAE. Home comes furnished, has lake rights, Air Conditioning, and is just waiting for you to call it home!
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| Feb 23, 2021 | Sold | ||
| Sold | |||
| Jan 15, 2021 | Listed by MOUNTAIN COUNTRY REALTY, INC. | $650,000 | |
| Listed by MOUNTAIN COUNTRY REALTY, INC. | |||
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This 4 Bedroom, 2 Bath Home has 3 Bedrooms with King Size Beds Plus A Large Bunk Room on the Lower Level Which is Great For large groups. Lakeview from main level looking directly at the Village on opposite side of the Lake. Spacious Deck with Built-in Entertainment & BBQ Area. Upper Level has large kitchen with Granite Counters & Stainless Steel Appliances. Living Room has floor to Ceiling Rock Fireplace with Vaulted Ceilings And Dramatic Windows. Master Bedroom has a full Bath with Granite Counters & Dual Sinks. Middle Level has two Bedrooms with King Size Beds, Second Bathroom, Laundry Room, Game Room with Pool Table, Fireplace & Wet Bar! Large Deck on middle level. Lower Level has 2 Car Garage & Large Bunk Room (5 Sets of Bunk Beds). Large Dirt Parking Pad below home for Overflow Parking. Quarter Acre+ Lot with Lake Rights! Has an Excellent Vacation Rental History.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017