14846 Tybee Island Drive
About This Property
preserve on three sides, abundant wildlife outside your kitchen window, meticulously
maintained and updated inside and out, oversized three car garage with mini-split,
updated stainless steel refrigerator and double ovens.
*Don't forget to see video*
Owners selling the house fully furnished. One-of-a-kind nature lover's dream home sits
perfectly situated on the largest, most private lot in the gated community of Indigo
Lakes. This meticulously maintained and upgraded 5 bedroom, 4.5 bath home w/office
is turn-key ready for its next extended family. Custom crafted by Diamond Builders, it's
nearly 4,000sf of sunlit open spaces and is perfect for entertaining guests or simply
enjoying the abundant wildlife in peace and quiet. The first floor offers a master
bedroom with large ensuite bath, two walk-in his/her closets, private door leading to the
heated pool/spa, a private office/den, half-bath, and another full bath. Upstairs features
4 bedrooms and 2 full Jack-and-Jill bathrooms plus a large bonus room for kids to enjoy
gaming, reading, or relaxing with neighborhood friends. Throughout the house there are
custom closet and pantry solutions (2022) which maximize space and efficient living.
One of the best features of this home is the abundant wildlife outside your kitchen
window including deer, rabbits, squirrels, birds, and the occasional turkey! There are
three mature, Indian mango trees and a sapote fruit tree with plenty of additional space
for your vegetable/herb garden. Another standout feature of this home is your almost
half-acre property line extends out across the "street" (see aerial photo with lot lines).
No more driveway car shuffle; you can comfortably park up to 8 vehicles! Previous
owners had a new roof installed in 2018 as well as roll-down hurricane shutters on the
second floor and hanging panel shutters on the first floor. Current owners have invested
in significant upgrades and repairs since 2021 including new 80-gallon hybrid water
heater in 2023, new carpet throughout in 2022, new gutters with GutterGuards in 2023,
new LED lighting throughout in 2023, crown molding in every room 2023, insulated
garage with mini-split in 2024, new ADT security system with eight outdoor cameras in
2022, whole-house generator hookup in 2024, additional refrigerator and ice chest in
garage 2024, and much more. Detailed list of upgrades, repairs, and costs is available
on request. Located minutes to grocery shopping, restaurants and in a top-rated school
district including walkable community gated access to A-rated Oak Ridge Middle
School. This family-friendly gated community has low HOA fees and includes cable,
internet, and irrigation. Amenities include clubhouse, community pool, fitness center,
basketball and tennis courts, and a new children's playground. Buyers will be asked to
provide a financial qualification letter prior to showing.
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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 |
|---|---|---|---|
| Oct 23, 2025 | Sold | ||
| Sold | |||
| Sep 12, 2025 | In contract | - | |
| In contract | |||
| Sep 11, 2025 | Relisted | $1,175,000 | |
| Relisted | |||
| Sep 7, 2025 | In contract | - | |
| In contract | |||
| Aug 15, 2025 | Price Decreased |
$1,150,000
↓ $25K
(2.1%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017