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16245 Ridge View Drive
About This Property
Featuring a bright and open floor plan, the home showcases soaring ceilings, fresh interior finishes, abundant natural light, and expansive living spaces designed for both everyday living and entertaining. The large chef's kitchen is the heart of the home, complete with granite countertops, generous cabinetry, a center island, stainless steel appliances, and picturesque views from the breakfast area.
The spacious family room offers a cozy fireplace and seamless access to the backyard, while the formal living and dining areas provide elegant spaces for gatherings. Upstairs, the oversized primary suite serves as a private retreat with a luxurious ensuite bath featuring dual vanities, a soaking tub, separate shower, and a large walk-in closet. Additional bedrooms are generously sized and offer flexibility for family, guests, or a home office.
Outside, the expansive backyard presents endless possibilities for creating your dream outdoor oasis, with ample space for a pool, outdoor entertaining, RV accommodations, or additional landscaping. The three-car garage provides plenty of room for vehicles, storage, and recreational toys.
Residents of Ridge View Estates enjoy the security and exclusivity of a gated community while being conveniently located near shopping, dining, schools, medical facilities, and commuter routes. With stunning hilltop surroundings, panoramic views, and exceptional living space, this property offers a rare opportunity to own in one of Apple Valley's premier neighborhoods.
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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%.
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 1, 2026 | Price Decreased |
$964,900
↓ $25K
(2.5%) | |
| Price Decreased | |||
| May 30, 2026 | Listed by eXp Realty of Southern Califor | $989,900 | |
| Listed by eXp Realty of Southern Califor | |||
| May 28, 2025 | Listed | $1,050,000 | |
| Listed | |||
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Located in the gated Ridge View Estates hilltop community, this luxurious Apple Valley home offers rich details and quality craftsmanship throughout. The grand foyer leads to formal living and dining rooms with private patio access. A first-floor bonus room is perfect for an office or den. The chef’s kitchen features stainless steel appliances, custom fridge, and large island opening to the spacious family room. The main-floor Master Suite boasts backyard access and a large closet. Upstairs, three guest bedrooms each have en-suite baths, plus a grand Master Retreat with fireplace, dual walk-ins, and spa-like bath. The backyard is a blank canvas for your personal touch. Additional highlights include energy-efficient lighting, 4x6 construction, security system, and oversized 3-car garage with epoxy flooring. Elegance and versatility in a prime location.
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| Sep 8, 2020 | No longer available | - | |
| No longer available | |||
| Jul 25, 2020 | Price Decreased |
$659,499
↓ $500
(0.1%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017