17 Wandering Rill
About This Property
Designed with entertaining in mind, the floor plan flows effortlessly with walls of windows framing lush greenery and vaulted ceilings that add volume and light. Coveted tri-folding doors off the family room open to the backyard, blending indoor and outdoor living for gatherings large or small.
The backyard is truly a showpiece-perfect for hosting barbecues, birthday parties or simply enjoying quiet evenings. Kids will love the shady deck built into the rear slope, while friends and family can relax on the lawn and patio areas. Multiple fruit trees provide fresh seasonal harvests, making the yard both beautiful and functional. Inside, an inviting atrium connects to three areas of the home, offering a sunlit retreat and a safe haven for pets.
The layout includes a living room with a fireplace and adjoining dining room, ideal for everyday living and entertaining. A well-appointed kitchen showcases white custom cabinetry, granite counters, LED recessed lighting, stainless steel appliances, gas cooktop and dual pantries. Retreat to the primary suite with vaulted ceilings, skylight and access to the atrium. The remodeled spa-inspired bathroom features dual vanities, soaking tub, separate shower, dual mirrored closets and a private toilet room. Adjoining the suite is an office/exercise room or 4th bedroom. Two additional bedrooms share a well designed hallway bath with dual sinks, built-in hamper, a private washroom, and a remodeled shower.
Energy-efficient features and upgrades abound: owned solar panels, Pella dual-pane windows, concrete tile roof, newer HVAC & ducts, LED lighting, copper re-pipe, engineered wood flooring, 11 skylights, 2 fireplaces and an EV charger.
Walk to award-winning Turtle Rock Elementary & University High School. Easy access to resort-style community pools, tennis courts, playgrounds, scenic greenbelt and biking trails. Just a few minutes to world-class beaches, golf, shopping, restaurants, John Wayne Airport and freeways. Low taxes, no Mello Roos and low HOA dues add to the value.
This is more than a home-it's a lifestyle that's waiting for you!
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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 20, 2025 | Sold | ||
| Sold | |||
| Sep 20, 2025 | In contract | - | |
| In contract | |||
| Sep 11, 2025 | Listed by Real Broker | $3,100,000 | |
| Listed by Real Broker | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017