159 LA MESA Drive
About This Property
The open one-story floor plan includes four bedrooms, three full baths, a spacious flex space, and an open study.
The newly updated kitchen is complete with quartz counter tops, a wrap-around breakfast bar, a center island, stainless appliances & a gas cooktop. A sunny eat-in breakfast nook overlooks the pond, offering views of abundant wildlife.
Sliding doors open off the family room, leading out to a covered screened lanai and spacious backyard with direct waterfront access.
This open split floor plan is flooded with natural light throughout. One side of the home hosts the flex space, a cabana bath, a built-in workstation, three secondary bedrooms, and a Jack-and-Jill bath.
The primary suite showcases a wall of floor-to-ceiling windows, a tray ceiling, surround sound, and a spacious walk-in custom closet with an island and a mirrored dressing wall. This meticulously maintained home has covered front and back porches, a 3-car garage, and an artesian well for irrigation. Located on a cul-de-sac street, this lushly landscaped property
affords ample room for a pool.
Located in the sought-after gated community of Palencia, home to world-class amenities, an A-rated Elementary school & a championship Arthur Hills-designed golf course. Residents enjoy a fitness center, three community pools, lighted clay tennis courts, pickleball, sports fields, playgrounds, and a boardwalk leading to the Intracoastal. A 30-acre park system with fitness trails winds throughout the community along with continuous sidewalks. Surrounded by shops and restaurants, you'll enjoy the conveniences of a grocery store, Starbucks, UPS store, dry cleaners, and schools within the community.
This home is one you won't want to miss!
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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%.
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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 24, 2026 | Sold | ||
| Sold | |||
| Mar 29, 2026 | In contract | - | |
| In contract | |||
| Feb 16, 2026 | Listed by EXP REALTY LLC | $895,000 | |
| Listed by EXP REALTY LLC | |||
| Jun 12, 2025 | Listed | $969,000 | |
| Listed | |||
| | |||
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This elegant David Weekley home offers panoramic water views from nearly every room.
The open one-story floor plan includes four bedrooms, three full baths, a spacious flex space, and an open study.
The newly updated kitchen is complete with quartz counter tops, a wrap-around breakfast bar, a center island, stainless appliances & a gas cooktop. A sunny eat-in breakfast nook overlooks the pond, offering views of abundant wildlife.
Sliding doors open off the family room, leading out to a covered screened lanai and spacious backyard with direct waterfront access.
This open split floor plan is flooded with natural light throughout. One side of the home hosts the flex space, a cabana bath, a built-in workstation, three secondary bedrooms, and a Jack-and-Jill bath.
The primary suite showcases a wall of floor-to-ceiling windows, a tray ceiling, surround sound, and a spacious walk-in custom closet with an island and a mirrored dressing wall. (Marketing Cont.) This meticulously maintained home has covered front and back porches, a 3-car garage, and an artesian well for irrigation. Located on a cul-de-sac street, this lushly landscaped property
affords ample room for a pool.
Located in the sought-after gated community of Palencia, home to world-class amenities, an A-rated Elementary school & a championship Arthur Hills-designed golf course. Residents enjoy a fitness center, three community pools, lighted clay tennis courts, pickleball, sports fields, playgrounds, and a boardwalk leading to the Intracoastal. A 30-acre park system with fitness trails winds throughout the community along with continuous sidewalks. Surrounded by shops and restaurants, you'll enjoy the conveniences of a grocery store, Starbucks, UPS store, dry cleaners, and schools within the community.
This home is one you won't want to miss!
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| May 12, 2025 | Listed | $989,000 | |
| Listed | |||
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This David Weekley, premium lot, 3254 square foot custom home, first time on the market is located in the gated community of Palencia on a quiet cul-de-sac street. Upon entering the home you are greeted by this spacious open floor plan, with spectacular panoramic water views with expansive windows and natural light. Great for entertaining, watching nature and spectacular sunsets. The indoor/outdoor space is designed to harmonize with its natural surroundings. The spacious one story, split floor plan features a great room with built-in cabinets and the convenience of a gas fireplace while enjoying your favorite movies or music with the surround sound system. The speakers are also in the dining room, primary bedroom, bathroom and screened in lanai. Culinary kitchen updated 2024, with large quartz counters and updated stainless steel appliances. Gather around the eat in breakfast area that opens to the great room with westerly water views. Features: Covered front porch with seating area, three car garage, impact windows, security system, tankless gas water heater, softener and filter, 2 zone central air. Primary bedroom - floor to ceiling windows, spacious master closet with custom cabinetry, vaulted ceiling. Wood floor in flex room off the guest wing. Separate study, wainscoting in dining room. Screened in lanai, with Travertine tile. New roof replaced and upgraded in October, 2018. This expansive lot has ample space for a pool. Palencia has world class amenities. A championship Arthur Hill designed golf course, a fitness center, three community pools, 10 lighted har-tru tennis courts, pickle ball, sports fields and a boardwalk leading to the Intracoastal.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017