See Home Value
Pine Mountain Club 93222
16218 Mil Potrero Highway
$790,238*
Commercial - Off Market

16218 Mil Potrero Highway

Pine Mtn Club, CA 93222
bedrooms
Studio
bathrooms
0 Bath
$485,000 - $591,000
Reference Base Price*
46.63%
Since Sep 1, 2019
National-US
Primary Model

About This Property

8 Unit Commercial Office Building fully rented bringing in $4,200 monthly with 8.00% cap rate, very low maintenance with business tenants (real estate , internet co. & contractor), most with long term leases.  Located in popular Pine Mountain Club, approx. 1 1/2  hours north of Hollywood & Los Angeles, area showing signs of new build growth, price increases & popularity for surrounding cabin homes, the annual festivals, events, golf, tennis, hiking & the changing seasons.  Building was previously featured in TV Series with open contract for possible future filming (buyer to verify), also sits off the main highway entering community (high visibility) front & back parking, next to gas station, local market & sports bar.  Improvements made, new roof, new windows & laminated floors in some units.  Building has 2 meters, some skylights, a small loft, stone fireplace, bathrooms & end unit with own shower. Amazing views from building to mountains, golf course, small lake & club house.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Commercial
Property Taxes
-
HOA Dues
-
Year Built
1973

Price History

Date / Event Date Event Price
Aug 31, 2019 No longer available -
No longer available
Apr 26, 2019 Price Decreased $538,950
↓ $20K (3.6%)
Price Decreased
Mar 21, 2019 Listed $559,000
Listed

Property Highlights

Air Conditioning


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Commercial
Loft
-
2,700 ft²
$167/ft²
$449,900 Mar 4, 2024
-
-
House
4 Beds
3 Baths
2,012 ft²
$276/ft²
$555,000 Mar 14, 2024
-
$1,928/mo
House
3 Beds
2 Baths
1,890 ft²
$304/ft²
$575,000 Feb 22, 2024
-
$1,988/mo
House
3 Beds
1 Bath
2,304 ft²
$217/ft²
$500,000 Mar 9, 2024
-
$135/mo
House
3 Beds
2 Baths
1,552 ft²
$290/ft²
$450,000 Mar 20, 2024
-
$160/mo
House
2 Beds
2 Baths
1,392 ft²
$323/ft²
$450,000 Dec 17, 2023
-
$161/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200521
05/21/2020
Loft
-
-
$377,000
bedrooms
Loft
bathrooms
-
-
-
-
-
20190321
03/21/2019
Studio
-
-
$559,000
bedrooms
Studio
bathrooms
-
-
-
-
-

Building Info

16218 Mil Potrero Hw 16218 Mil Potrero Hw, Pine Mountain Club, CA 93222
More about this Building
16218 Mil Potrero Hw
Want to find out who owns 16218 Mil Potrero Hw, Pine Mountain Club, CA 93222? Get detailed property transactions here .

About Pine Mountain Club


Similar Homes for Sale

Unit for sale at 2101 Pinewood Court, Pine Mountain Club, CA 93222

$450,000

  • 2 Beds
  • 2 Baths
  • 1,392 ft²
2101 Pinewood Court, Pine Mountain Club, CA 93222 Listing by Jackie Forbes
Unit for sale at 2225 Birchwood Way, Pine Mountain Club, CA 93222

$450,000

  • 3 Beds
  • 2 Baths
  • 1,552 ft²
2225 Birchwood Way, Pine Mountain Club, CA 93222 Listing by Masaki Fujishima
Unit for sale at 2461 Tyndall Way, Pine Mountain Club, CA 93222

$500,000

  • 3 Beds
  • 1 Bath
  • 2,304 ft²
2461 Tyndall Way, Pine Mountain Club, CA 93222 Listing by Troy Woods

Nearby Rentals

Unit for rent at 1916 Teton Way, Pine Mountain Club, CA, 93222

$2,150 /mo

  • 2 Beds
  • 2 Baths
  • 1,200 ft²
1916 Teton Way, Pine Mountain Club, CA, 93222 Listing by Manager
Unit for rent at 1723 Sand Way, Pine Mountain Club, CA, 93222

$2,100 /mo

  • 3 Beds
  • 1.5 Baths
  • 1,536 ft²
1723 Sand Way, Pine Mountain Club, CA, 93222 Listing by Manager
Unit for rent at 2628 Beechwood Way, Pine Mountain Club, CA, 93222

$2,500 /mo

  • 4 Beds
  • 2 Baths
  • 1,800 ft²
2628 Beechwood Way #2628 Beechwood Way, Pine Mountain Club, CA, 93222 Listing by Manager


Quantcast