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16791 Bayview Drive
About This Property
Designed for both entertaining and versatility, the first level hosts a dedicated game room, a guest bedroom, and a pristine two-car garage with epoxy flooring. The third level ascends to a flexible loft area-ideal for a home office or creative studio-leading out to a spectacular rooftop patio deck for starlit evenings. Every inch of this home has been thoughtfully updated, from the three remodeled bathrooms to the contemporary design elements throughout. Located near pristine beaches, boutique shopping, and award-winning schools, this property offers a rare opportunity to experience Sunset Island at its absolute finest. From your dock to your rooftop, this is more than a home; it is a piece of paradise. Take a deep breath, relax, and embrace the beauty of Sunset Island-this is waterfront living!
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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 |
|---|---|---|---|
| Sep 22, 2026 | Sold | ||
| Sold | |||
| Jun 9, 2026 | In contract | - | |
| In contract | |||
| Jan 15, 2026 | Listed by Think Boutiq Real Estate | $2,588,000 | |
| Listed by Think Boutiq Real Estate | |||
| May 21, 2025 | Price Decreased |
$2,599,000
↓ $89K
(3.3%) | |
| Price Decreased | |||
| Feb 14, 2025 | Listed | $2,688,000 | |
| Listed | |||
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This stunning three-level waterfront home on Sunset Island offers the ultimate coastal lifestyle, complete with a private 23-foot boat dock and breathtaking views of the channel, sand, beach, and Catalina Island. With 2,618 square feet of beautifully designed living space, this turnkey residence features three bedrooms, three bathrooms, and a versatile loft area, perfect for a home office or guest space. The open floor plan is highlighted by high, wood-beamed vaulted ceilings and expansive windows that fill the home with natural light.
The first level includes an outdoor patio, game room, laundry room, one bathroom, and a downstairs bedroom, along with a two-car garage featuring epoxy flooring. The second level boasts a remodeled kitchen with modern finishes, an open-concept living room, balcony, and two bedrooms, including a primary suite with a spa-like en-suite bathroom featuring an oversized soaking tub and a walk-in shower. The spacious living room seamlessly connects to a balcony through a large sliding glass door, creating a perfect indoor-outdoor flow with stunning water views.
The third level offers a loft area, storage closet, and a rooftop patio deck.
Every inch of this home has been thoughtfully updated, including all three remodeled bathrooms, a spacious walk-in closet in the master bedroom, and contemporary design elements throughout. Just a short distance from the beach, this home provides easy access to pristine sands, top-rated restaurants, and boutique shopping. Nestled in a highly sought-after neighborhood with award-winning schools, this is a rare opportunity to own a piece of paradise. Take a deep breath, relax, and embrace the beauty of Sunset Island—this is waterfront living at its absolute finest.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017