1265 Lookout Tr
About This Property
The main home boasts 4,400+ sq ft of beautifully designed living space. Step inside to find a spacious kitchen with a cozy keeping room-perfect for gatherings and everyday comfort. The oversized master suite is a true retreat, complete with a cedar-lined walk-in closet and a private, covered deck ideal for warm summer nights or peaceful mornings.
Upstairs, you'll find three generously sized bedrooms, a charming library area, and a scenic observation room offering jaw-dropping mountain vistas-perfect for stargazing or enjoying the ever-changing landscape.
The finished basement includes a large bonus room and a comfortable family room, offering even more space for entertaining or relaxing.
The 600 sq ft guest house features an open-concept kitchen and living area, one bedroom, and plenty of natural light-ideal for visitors or use as an income-producing rental.
Whether you're looking for a private mountain escape, a multigenerational property, or a scenic sanctuary, this one-of-a-kind estate offers it all. Unmatched privacy, stunning views, and room to breathe-this is mountain living at its finest.
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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 1, 2025 | Listed by Parkside Realty Services | $1,750,000 | |
| Listed by Parkside Realty Services | |||
| Mar 13, 2019 | No longer available | - | |
| No longer available | |||
| Sep 10, 2018 | Listed | $1,390,000 | |
| Listed | |||
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Stunning views await you from this mountain top estate. The property offers over 4400 sq feet of living space in the main home and 600 in the guest house all on 8.4 acres. In the main home you will find a large kitchen with keeping room, over sized master suite with cedar lined closet and private covered deck for relaxing on those summer evenings. On the second floor you will find 3 spacious bedrooms, library area offering a nice entrance to the scenic observation room and more. From here you have a 360 view of the Smoky Mountains. Perfect for star gazing. In the basement you will find a bonus room and family room. The guest house offers open floor plan with kitchen/living room area and 1 bedroom. If privacy is what you want this property is for you. The manager has listed the unit size as 4423 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017