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23010 Saddle Peak Road
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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 |
|---|---|---|---|
| Aug 13, 2026 | Price Decreased |
$3,490,000
↓ $410K
(10.5%) | |
| Price Decreased | |||
| Jul 20, 2026 | Price Decreased |
$3,900,000
↓ $395K
(9.2%) | |
| Price Decreased | |||
| May 12, 2026 | Price Decreased |
$4,295,000
↓ $295K
(6.4%) | |
| Price Decreased | |||
| Aug 15, 2025 | Listed by Sotheby's International Realty | $4,590,000 | |
| Listed by Sotheby's International Realty | |||
| Jul 29, 2025 | Listed | $5,400,000 | |
| Listed | |||
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Exceptional Santa Monica Mountains Opportunity. LIVE IN THE LARGE GUEST HOUSE while you complete a fire rebuild on the 9.29-acre parcel. Dual Parcel Estate with panoramic views perched high on coveted E. Saddle Peak, this rare offering presents a truly unique opportunity to own two stunning parcels totaling nearly 90 acres in the heart of the Santa Monica Mountains. With fabulous panoramic views stretching from rolling canyons to the Pacific Ocean, this is a dream setting for building your legacy estate. The primary parcel includes fire rebuild rights and is already improved with a well-appointed guest house of approximately 3,000 sq ft under roof. This includes a spacious, 1,700 sq bottom story room garage with high ceilings ideal for a car collection, expansive workshop or other uses. Live comfortably here while you design and construct your dream home. Infrastructure is already in place for an approx. 7,000 sq ft main residence, including an existing foundation and septic system, plus original plans, helping to streamline your rebuild process. Adding unmatched value, this offering also includes a separate 79.34-acre unimproved parcel featuring its own expansive ocean view from the potential building sites. This second parcel gives you the flexibility to protect your views, create a private retreat or build another large single-family home. A rare chance to control and customize your surroundings in one of Southern California's most desirable locations. Whether you're seeking a peaceful escape, an investment with incredible potential or a canvas for your architectural vision, this dual parcel property offers endless possibilities. With natural beauty, privacy, and pre-existing infrastructure, APN #4438-039-042 at 9.29 acres is at 23000 E Saddlepeak, and APN#4438-033-074 at 79.34 acres is at 23100 E. Saddlepeak
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017