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2205 Freeman Drive
About This Property
Welcome to one of Pine Mountain Club's most versatile mountain retreats. Nestled among the towering pines of Los Padres National Forest, this exceptional property offers the perfect combination of luxury mountain living, multi-generational flexibility, and outstanding vacation rental potential-all just 90 minutes north of Downtown Los Angeles.
Featuring 6 bedrooms, 5 bathrooms, plus a fully permitted private guest apartment complete with its own bedroom, ¾ bath, and kitchenette, this spacious home comfortably accommodates family, friends, or short-term rental guests.
The heart of the home is an inviting great room with soaring ceilings, a spacious open kitchen, generous dining area, and three cozy wood-burning fireplaces that create the perfect mountain atmosphere year-round. Expansive decks stretch across the rear of the home, capturing panoramic views of the surrounding forest and the beautiful Apache Saddle Mountains, where spectacular sunsets become part of your daily routine.
Recent major upgrades provide both peace of mind and exceptional energy efficiency, including a newly installed roof, a new solar panel array, Tesla battery backup system, and a whole-home backup generator-allowing you to enjoy modern reliability while embracing mountain living.
Designed with flexibility in mind, the home includes multiple primary suites, a large loft ideal for a home office or game room, an infrared sauna, and abundant sleeping accommodations for up to 16 guests, making it an outstanding primary residence, vacation retreat, or income-producing investment.
Outside, you'll find a large, usable backyard perfect for entertaining, complete with a BBQ area, children's play space, mature trees, and plenty of room to relax beneath the pines. A mostly level circular driveway provides parking for up to eight vehicles, making hosting effortless.
Located just minutes from the charming Pine Mountain Club Village, residents enjoy convenient access to golf, tennis and pickleball courts, a swimming pool and spa, clubhouse, hiking trails, fishing, horseback riding, archery, parks, restaurants, and local shops-creating a true four-season mountain lifestyle.
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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.
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 9, 2026 | Price Decreased |
$565,000
↓ $25K
(4.2%) | |
| Price Decreased | |||
| Sep 12, 2026 | Price Decreased |
$590,000
↓ $5K
(0.8%) | |
| Price Decreased | |||
| Jul 28, 2026 | Listed by Equity Real Estate Pacific Coast | $595,000 | |
| Listed by Equity Real Estate Pacific Coast | |||
| Jun 13, 2025 | Price Decreased |
$560,000
↓ $25K
(4.3%) | |
| Price Decreased | |||
| May 27, 2025 | Price Decreased |
$585,000
↓ $10K
(1.7%) | |
| Price Decreased | |||
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About Pine Mountain Club
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017