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18475 Trout
About This Property
High ceilings and expansive windows fill the home with natural light, while the kitchen opens directly to the family room, creating an open, connected living space. The attention to detail is evident in the woodwork found throughout the home, giving it character and warmth that set it apart. A wood-burning stove anchors the main living area, and the main-level primary suite features its own fireplace and direct access to the backyard.
Upstairs, two additional bedrooms and a spacious bonus/game room with a wet bar open onto an expansive deck overlooking the riverbed and surrounding mountains. Outside, both the front and back yards are fully usable, offering lawn areas, patio space, and a storage shed tucked into the rear corner of the lot.
Additional features include central vacuum, indoor laundry with a utility sink, RV parking with hookups and a dump station, and a three-car garage.
Spring Valley Lake residents enjoy private lake access, a beach, golf course, parks, tennis courts, and basketball courts. The space, craftsmanship, and setting are best appreciated in person.
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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.
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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 |
|---|---|---|---|
| Jul 30, 2026 | Listed by First Team Real Estate-HighDes | $665,000 | |
| Listed by First Team Real Estate-HighDes | |||
| Jun 17, 2025 | Price Decreased |
$650,000
↓ $29K
(4.3%) | |
| Price Decreased | |||
| Feb 11, 2025 | Listed | $679,000 | |
| Listed | |||
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UNBELIEVABLE PRICE DROP!!! Seller wants this home SOLD!! Welcome Home to this charming, custom estate located in the heart of Spring Valley Lake! Nestled at the end of nice cul-de-sac with beautiful grounds both front and back! Upon the gorgeous entry you are greeted with massive ceilings towering over a grand formal dining room and an elegant formal living room - both with almost floor to ceiling windows! Beyond that is an oversized family room boasting a wood burning stove and lovely backyard views. The large chef's kitchen has a center island range, exotic granite counter tops, exquisite custom cabinets, breakfast bar and under counter lighting. Just off the kitchen is a spacious breakfast area w/ a cozy window seat! The master suite is conveniently located downstairs & features its own raised hearth fireplace as well as backyard access - the primary bath is spacious with separate tub, shower and a dual vanity area! Upstairs you will find two well-appointed bedrooms & a large bonus/game room with a wet bar - this room could easily be converted to a 4th bedroom! Off these rooms is an amazing, full house length wrap around deck that boasts river, desert, bridge and just FOREVER views! The backyard is very private with a beautiful grass area, a lovely patio and a greenhouse -- super easy maintenance! Not only is this home situated on over 1/4 acre lot, but it also has two garages, a big indoor laundry room, custom wood trim throughout, wood flooring, tons of storage, newer solar (leased), RV hookups/dump & much more!! Additionally, this community has an approximate 7 mile shoreline, private lake where residents (only) can swim, boat, fish, waterski, wakeboard as well as many other community amenities! Take a look today!
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About Spring Valley Lake
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017