27685 High Knoll Rd.
About This Property
A separate guest apartment above the garage with kitchenette is ideal for extended-stay guests, intergenerational living, a caretaker, or a private office/suite-just be warned, people may not want to leave. Outdoors, enjoy level, landscaped front and rear yards, a peaceful front courtyard for morning coffee, and a large deck for entertaining and outdoor dining. Forest Care has been recently completed, and there is a fire hydrant at the corner of the lot for added peace of mind. The home features a lifetime, fire-resistant Cedurlite concrete tile roof with matching lightweight concrete tile on the newer addition, plus extra Cedurlite tiles stored in the workshop-because future-you will appreciate that.
Hamiltair Estates is Lake Arrowhead's only guard-gated community, offering a private beach, private boat launch, and 24-hour security in a beautifully maintained setting, with convenient proximity to Lake Arrowhead Country Club. Security is manned by real humans at the gate and on patrol-professional staff on duty so you don't have to play "Paul Blart" yourself. A Hamiltair Tennis Club membership (tennis & pickleball) is INCLUDED, a rare and highly desirable perk that's currently sold out to new applicants. Just a short stroll away is a premium dock in a calm, protected location with easy in/easy out access. Optional purchase of a 2017 21.5' South Bay pontoon with 150HP Mercury can turn this into a truly turnkey "show up and start boating" lake 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%.
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 |
|---|---|---|---|
| Feb 4, 2026 | Sold | ||
| Sold | |||
| Dec 18, 2025 | In contract | - | |
| In contract | |||
| Dec 5, 2025 | Listed by COLDWELL BANKER SKY RIDGE REALTY | $2,197,000 | |
| Listed by COLDWELL BANKER SKY RIDGE REALTY | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017