38
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1300 Sparrow LN
About This Property
*Showings must be booked through the Listing Agent, who will accompany all showings. 24 hour notice required*
Tropical Luxury Estate with Unmatched Hill Country Views-Welcome to Little La Jolla
Designed for unforgettable gatherings, grand celebrations, & elevated everyday living, Little La Jolla is an oasis that redefines Hill Country luxury. Atop nearly 1.5 acres of lush, landscaped grounds with panoramic views in every room, this resort-style estate offers a lifestyle that's anything but ordinary.
A 3,800 sqft Modern Farmhouse-inspired main home features a light-filled, open-concept layout with stunning views of rolling hills and the resort style pool clubhouse below, 12 ft ceilings & 8 ft doors highlight the quality of the build. 5 spacious bedrooms, including two primary suites, each showcase spectacular views and spa-caliber baths. Gourmet kitchen boasts a large island, recent upgrades, and an oversized pantry. The high-fidelity home theatre offers a true cinematic experience, great for movie night & the big game.
Across the manicured grounds lies a 2,100 sqft Pool Clubhouse-a host's dream, with a gourmet kitchen, Thermador appliances, built-in refrigerator, double ovens, dual dishwashers, commercial sink, and oversized island ideal for entertaining.
A resort-worthy infinity pool awaits outside, with beach-style entry, large spa, swim-up bar, and rain grotto. A Sonos sound system, sunken outdoor kitchen-complete with rotisserie grill, Big Green Egg, mini freezer, and ice maker make alfresco dining an artform. The patios overlook a fenced 0.75 acre lawn, ideal for both play and leisure.
3 dedicated parking areas enhance the estate's seamless blend of natural beauty and convenience.
Finished in 2019 & zoned R-6 rural, the property offers a rare combination of flexibility and privacy!
*All information in this listing is deemed reliable but not guaranteed, is subject to change, & should be independently verified*
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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 6, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Aug 16, 2025 | Price Decreased |
$3,490,000
↓ $260K
(6.9%) | |
| Price Decreased | |||
| Aug 8, 2025 | Price Decreased |
$3,750,000
↓ $100K
(2.6%) | |
| Price Decreased | |||
| Aug 2, 2025 | Price Decreased |
$3,850,000
↓ $100K
(2.5%) | |
| Price Decreased | |||
| Jun 25, 2025 | Listed by Compass RE Texas, LLC | $3,950,000 | |
| Listed by Compass RE Texas, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017