Commanding one of Bear Brand Ranch's most spectacular, unobstructed
panoramic ocean, coastline, and city light views, this
extraordinary custom estate pairs breathtaking scenery with a rare,
sprawling flat homesite designed for exceptional indoor-outdoor
living. Set within the prestigious guard-gated community, this
custom residence spans just under 6,000 square feet with six
bedrooms, four-and-one-half bathrooms, and a private residential
elevator connecting two thoughtfully designed levels. A grand foyer
with polished marble flooring welcomes you inside, leading to a
sunken formal living room with soaring vaulted ceilings, a dramatic
fireplace, and walls of windows framing the spectacular coastal
vistas. Designed for everyday living and effortless entertaining,
the remodeled kitchen features solid stone slab countertops, white
shaker cabinetry, an oversized center island, and an integrated bar
and beverage station. The thoughtfully designed floor plan also
includes a private main-level office and an oversized main-floor
bedroom spacious enough to serve as an additional primary suite,
offering exceptional flexibility for multigenerational living,
extended guests, or single-level living. Generously sized secondary
bedrooms provide comfort and versatility, while thoughtful
upgrades-including a whole-home water filtration system, Lutron
lighting system, and automated drip irrigation-enhance everyday
convenience. Equally impressive is the expansive flat backyard-a
rare offering for a premier view property. Designed for everything
from intimate gatherings to grand-scale entertaining, the
resort-inspired grounds showcase an oversized, salt water pool and
spa, covered patio, built-in BBQ, newly installed putting green,
and extensive synthetic turf, all surrounded by beautifully
landscaped grounds that maximize privacy while showcasing the
spectacular coastal views. The upper-level primary suite is a
luxurious retreat featuring a private viewing balcony perfectly
positioned for breathtaking Pacific sunsets, dual customized
walk-in closets, and a beautifully remodeled marble bath with a
freestanding soaking tub and oversized frameless walk-in shower.
Offering an exceptional combination of panoramic ocean views, a
rare flat usable homesite, thoughtfully updated interiors, and
resort-caliber amenities, this remarkable estate represents one of
Bear Brand Ranch's finest opportunities to experience Southern
California coastal luxury.
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.
Breathtaking Estate with Mesmerizing Ocean views! Inside prestigious, guard-gated Bear Brand Ranch with estates valued up to $18mm, lies this 6 bdrm+office, 5 bath residence w/ well-appointed upgrades throughout! Soaring, double-story ceilings allow bright, natural light. Spacious formal living & dining rooms are perfect for entertaining! Gourmet chef's kitchen featuring Carrera Marble Countertops, S&S appliances, walk-in pantry, & a sunny breakfast nook w/ gorgeous views. Large family room with dramatic fireplace, custom built-ins, & an open-concept floorplan that is perfect for both entertaining & relaxing. The main floor includes ensuite bdrm w/ backyard entry, & an office fit for a CEO! Gaze upon the Pacific, twinkling lights & rolling hills from the resort-inspired backyard with travertine patio, pebble Tec pool&spa w/ waterfall, & lush green lawn. Luxury living continues upstairs where panoramic ocean views are showcased in the master suite w/ large viewing balcony & two enormous walk-in closets. Take refuge in the recently remodeled master bath boasting spa amenities including luxurious soaking tub, rainfall shower, & Arabescato Carrera Marble countertops! Upstairs secondary ensuite bdrm features balcony entrance & stunning ocean views! Three additional secondary bdrms complete the top floor accommodations. Beautiful hiking trails nearby! Situated near award winning schools, regional parks, playgrounds, world-famous beaches, and resorts. This estate is truly a dream! The manager has listed the unit size as 5837 square feet.
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