2452 Skyview Way
About This Property
Set on 5 acres of lakefront property with an additional 5-acre buildable lot, this unique property combines privacy, flexibility, and breathtaking scenery. The additional lot already includes a well and electricity, making it ready for future development.
The main home features expansive decks designed to capture panoramic views of Douglas Lake and the surrounding mountains. Inside, a charming loft-style primary suite welcomes you with a soaking tub and cozy sitting area overlooking the water and mountain views. The main level includes a spacious living area, well-appointed kitchen, guest bedroom, full bath, and laundry area. The lower level is perfect for entertaining, complete with a bar area and two oversized storage rooms, one previously used as a sewing and craft room.
Additional highlights include a whole-house Generac generator servicing the home, cottage, and workshop, as well as a whole-house water softener system for added comfort and convenience.
The property also includes a detached two-car garage, wood workshop, and storage shed, providing ample space for hobbies, equipment, and storage. Recent updates include fresh interior paint, new carpet in the main-level bedroom, living room, and staircase, refinished hardwood floors, and new stainless steel appliances.
Whether you're searching for a private lakefront retreat, investment property, or full-time residence, this Douglas Lake gem offers unmatched potential and stunning natural beauty, it's a fisherman paradise situated between Douglas and Cherokee lakes!
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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 |
|---|---|---|---|
| Sep 6, 2026 | In contract | - | |
| In contract | |||
| Aug 31, 2026 | Relisted | $724,900 | |
| Relisted | |||
| May 29, 2026 | In contract | - | |
| In contract | |||
| May 20, 2026 | Listed by Century 21 MVP | $724,900 | |
| Listed by Century 21 MVP | |||
| Mar 6, 2026 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017