45
Map
217 Old Toll
About This Property
Design forward, extensively updated and set against one of Lake Arrowhead's most compelling ridgeline views, The Tollhouse is a modern mountain classic, beautifully reimagined without losing its original character. With lake rights, level parking for three vehicles and two expansive decks, this three story retreat is made for effortless mountain living. Soaring wood clad ceilings, exposed beams and a dramatic wall of glass define the main living space, while an impressive stone fireplace brings warmth and mountain character. The completely remodeled kitchen features soft white cabinetry, stone countertops, floating wood shelving and warm gold details. New sliding glass doors open the living room to the deck and sweeping ridgeline beyond, where fog rolls through the treetops below. The king primary suite is conveniently located on the main level with a fully remodeled en suite bath and statement shower featuring designer tilework. Upstairs, a queen bedroom, generous bunk room, loft and 3/4 bath provide plenty of space for family and guests. Downstairs, an expansive game room with bar and its own deck offers incredible flexibility for entertaining, a second living space or additional guest suite. A half bath and dedicated laundry room with new washer and dryer complete the level. Recent improvements include new central air conditioning, three new mini splits, recessed lighting in the kitchen and game room, and resealed windows. Outside, mornings begin with miles of forest and evenings are made for roasting marshmallows around the fire as the sun fades behind the ridgeline and fog drifts through the trees. Offered fully furnished, The Tollhouse boasts an impeccable short term rental history and consistent five star guest ratings, equally suited as a private Lake Arrowhead retreat, full time residence or proven hospitality offering.
Listed By
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 13, 2026 | Price Decreased |
$699,000
↓ $26K
(3.6%) | |
| Price Decreased | |||
| Aug 21, 2026 | Listed by KELLER WILLIAMS LAKE ARROWHEAD | $725,000 | |
| Listed by KELLER WILLIAMS LAKE ARROWHEAD | |||
| Jun 7, 2021 | Sold | ||
| Sold | |||
| May 8, 2021 | No longer available | - | |
| No longer available | |||
| Apr 23, 2021 | Price Increased |
$595,000
↑ $10K
(1.7%) | |
| Price Increased | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017