19950 Elfin Forest Ln
About This Property
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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 |
|---|---|---|---|
| Jul 30, 2026 | Sold | ||
| Sold | |||
| Mar 31, 2026 | In contract | - | |
| In contract | |||
| Feb 3, 2026 | Price Decreased |
$2,345,000
↓ $100K
(4.1%) | |
| Price Decreased | |||
| Aug 27, 2025 | Listed by Berkshire Hathaway HomeServices California Properties | $2,445,000 | |
| Listed by Berkshire Hathaway HomeServices California Properties | |||
| Feb 1, 2025 | Listed | $2,490,000 | |
| Listed | |||
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Sophisticated Living in a Secluded Paradise – Elfin Forest Estate with Rancho Santa Fe Schools. Are you looking for a property for horses, a sport court, Pickleball, additional ADU, RV parking, vineyard or car collector garage? (See virtual renderings) A large flat pad provides the opportunity to build your dreams making this country estate as functional as it is luxurious. Tucked away on a serene private lane, this 2.11-acre property offers breathtaking views and embodies indoor-outdoor living in the coveted rural Elfin Forest community. Reimagined and remodeled, the 2,968 sq. ft. residence boasts four bedrooms and two full baths, seamlessly blending style and function. High-end finishes throughout create a timeless elegance, while the open-concept design offers both formal and casual gathering spaces for effortless entertaining. A versatile Junior ADU, complete with a full bath and kitchenette, offers endless possibilities—perfect for guests, multigenerational living, or a private home office. The chef’s kitchen features a 6-burner Viking gas range, a built-in stainless steel GE Café refrigerator, a spacious working island, exposed wood paneled ceilings and quartz countertops with ample seating. Expansive doors open onto a large covered terrace, where you can savor your morning coffee while watching stunning sunrises or host memorable gatherings with family and friends. Beyond the home, the outdoor oasis unfolds—featuring a saltwater pool and spa, outdoor shower, multiple lounge areas, mature trees & vegetation, and a fenced play area with artificial turf for low maintenance enjoyment. A dedicated gardening area with a charming shed even includes space for chickens, embracing the rural charm of Elfin Forest. For car enthusiasts or those needing ample storage, this property boasts a spacious 3-car garage in addition to a separate 2-car garage, providing room for vehicles, hobbies, or a workshop. Owned electrical solar as well as solar for the pool offer efficiency and savings. Nestled within nature, yet minutes from shopping, dining, and Carlsbad’s beautiful beaches, this property also offers direct access to 784 acres of hiking, biking, and horse trails within the Escondido Creek Preserve. No HOA . Bring your horses and your imagination to this secluded property with pure tranquility and endless potential.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017