12290 Mesa View Rd
About This Property
Imagine your daily drive home skirting the rugged beauty of Nemrick Butte, with the west-facing outcrops of Rattlesnake Butte framing the horizon. Pikes Peak towers in the distance, while the Great Plains stretch endlessly to the east a breathtaking transition from open ranchland to the welcoming gates of your property. Your route winds through MaeBree Ranch, where rolling pastures and grazing cattle set the tone for life surrounded by wide-open skies.--------
Set on 10 usable acres, this property offers privacy and practicality, with Haskell Creek running behind the home and views of grassy hills, your barn, and open sky from the back deck. Originally an organic chevre farm, the 1,368 sq. ft. barn is a true asset-featuring a small processing center, hot and cold water, electricity, a hayloft, and full fencing. With miles of riding and hiking right out your back door, this is the perfect setting to embrace a self-sufficient lifestyle-never paying for costly city water or sewer again-------
This sunny 1,940+ sq. ft. farm home lives large with an open-concept design and vaulted ceilings. Fresh interior and exterior paint complement updates including remodeled bathrooms, new carpet, newer hardwood floors, appliances, water heater, and roof. The oversized 2-car garage offers expansion potential, and SUPERFAST Killen internet is available. Featuring 4 bedrooms, 2 bathrooms, a chef's kitchen, and a cozy wood-burning stove, comfort upgrades also include a newer furnace, water softening system, and 2-3 person hot tub. The sellers chose Mesa Grande for its wide-open vistas-ideal for watching livestock with minimal wildfire or predator risk. Just 10 minutes to Larkspur and 15 to shopping, this home blends open space, modern updates, and the tranquility of the countryside.
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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 |
|---|---|---|---|
| Oct 2, 2025 | In contract | - | |
| In contract | |||
| Sep 19, 2025 | Price Decreased |
$690,000
↓ $25K
(3.5%) | |
| Price Decreased | |||
| Aug 14, 2025 | Listed by Keller Williams Advantage Realty LLC | $715,000 | |
| Listed by Keller Williams Advantage Realty LLC | |||
| Sep 21, 2020 | Sold | ||
| Sold | |||
| May 7, 2020 | Listed by Keller Williams Advantage Realty LLC | $575,000 | |
| Listed by Keller Williams Advantage Realty LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017