12986 Macdonald Drive
About This Property
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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 |
|---|---|---|---|
| Jun 20, 2026 | Listed by LIV Sothebys Ojai | $2,995,000 | |
| Listed by LIV Sothebys Ojai | |||
| May 15, 2025 | Listed | $3,800,000 | |
| Listed | |||
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Nestled within the prestigious gated community of Rancho Matilija, this exquisite two-story estate embodies the serene and enchanting spirit of Ojai. Bordered to the north by the Ojai Land Conservancy and to the east by the Ventura River, the property offers unparalleled privacy and a seamless connection to nature. Residents enjoy private equestrian and pedestrian trail access leading directly to the Los Padres National Forest, the Ventura River, and private neighborhood walking paths. From its vantage point, the home boasts breathtaking views of the Ojai Valley and the majestic Topa Topa Mountains, renowned for the mesmerizing Pink Momenta fleeting period just before sunset when the mountains are bathed in a soft, rosy glow, casting an ethereal ambiance over the valley.The residence features five spacious bedrooms and five bathrooms. The second-floor bedrooms are adorned with brand-new, natural all-wool carpeting, enhancing comfort and elegance. The master suite serves as a tranquil retreat, offering stunning views, a luxurious en-suite bathroom, and an expansive walk-in closet.Designed with both aesthetics and functionality in mind, the home showcases travertine flooring in the entryway and kitchen, while solid hardwood floors grace the living room, office, and library. Three fireplaces add warmth and charm to the living spaces. The rooms are partially furnished, allowing for personalization. Additional amenities include a private electric vehicle charger and a three-car garage.Set on three acres of lush landscape, the backyard is a private oasis featuring orange and lemon trees, stately palm trees, and heritage olive trees lining a secluded trail. The property's proximity to Lake Casitas less than ten minutes away offers recreational opportunities, including a water park. Historic downtown Ojai, with its charming boutiques, art galleries, and renowned dining establishments, is just minutes away. The area is also home to esteemed private schools.Coastal communities such as Ventura and Carpinteria are a mere thirty-minute drive, while Santa Barbara is accessible within 45 minutes, and Los Angeles in under two hours.This property presents a rare opportunity to immerse oneself in the tranquil beauty and unique charm of Ojai's Shangri-La, a term often used to describe the valley's idyllic and almost mythical allure. Offered for sale for the first time since its construction, this home invites you to experience its magic firsthand.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017