$3,190,000
●
House -
Off Market
160 Cedar Ridge Drive
Lake Arrowhead, CA 92352
10 Beds
11 Baths
15,205 Ft²
$5,750,125
RealtyHop Estimate
48.39%
Since May 1, 2019
National-US
Primary Model
About This Property
This elegant, private Lake Arrowhead mountain estate situated in
gated Cedar Ridge Estates is an easy drive from the city, the
desert or the beach but feels worlds away. The home has been
classically, beautifully remodeled, sparing no detail, including a
stunning mural in the vaulted-ceiling great room, a luxurious
executive office, romantic library, adorable children's wing,
custom wine cellar with a cobblestone floor and tasting room,
chef's kitchen, indoor spa and sauna, gym, elevator and a complete
guest house with a private garage. Nearly four acres of grounds
includes a lovely children's play yard, secluded garden sitting
area, pear, apple and cherry trees as well as outdoor kitchen and
dining area with fireplace. Handsome stone pillars appoint the
entrance to the Italian slate drive leading to a spacious four car
garage. Come make your memories!
Unit Size
15,205 Ft²
Days on Market
533 days
Land Size
2.73 acres
Price per sqft
$255
Property Type
House
Property Taxes
-
HOA Dues
$160
Year Built
1996
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 4 months ago (CRMLS #EV17250225)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 16, 2019 | Sold | ||
| Sold | |||
| Oct 30, 2017 | Listed by COLDWELL BANKER SKY RIDGE RLTY | $3,875,000 | |
| Listed by COLDWELL BANKER SKY RIDGE RLTY | |||
| Sep 25, 2017 | Listed by COLDWELL BANKER SKY RIDGE RLTY | $3,875,000 | |
| Listed by COLDWELL BANKER SKY RIDGE RLTY | |||
 | |||
|
This elegant, private Lake Arrowhead mountain estate situated in gated Cedar Ridge Estates is an easy drive from the city, the desert or the beach but feels worlds away. The home has been classically, beautifully remodeled, sparing no detail, including a stunning mural in the vaulted-ceiling great room, a luxurious executive office, romantic library, adorable children's wing, custom wine cellar with a cobblestone floor and tasting room, chef's kitchen, indoor spa and sauna, gym, elevator and a complete guest house with a private garage. Nearly four acres of grounds includes a lovely children's play yard, secluded garden sitting area, pear, apple and cherry trees as well as outdoor kitchen and dining area with fireplace. Handsome stone pillars appoint the entrance to the Italian slate drive leading to a spacious four car garage. Come make your memories!
| |||
Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Lake Arrowhead
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Listed by: STEVEN KEEFE, COLDWELL BANKER SKY RIDGE RLTY
Last Updated: 4 months ago
Data Source: CRMLS, MLS# EV17250225
Last Updated: 4 months ago
Data Source: CRMLS, MLS# EV17250225
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