2880 Water Course Drive
About This Property
As you enter through grand double doors, you are greeted by an elegant foyer adorned with a crystal chandelier and soaring ceilings. The spacious, open floor plan features new luxury carpeting, an abundance of natural light, and seamless transitions between the formal living and dining areas. The newly remodeled gourmet kitchen is a chef's dream, with stainless steel appliances, quartz countertops, recessed lighting, and plentiful cabinetry-perfect for family gatherings and entertaining.
The home offers six generously sized bedrooms and six bathrooms, including an oversized main-floor bedroom suite with a luxurious bathroom and a walk-in closet. Additional features include an office, a library with built-in bookcases, and a versatile bonus room that can serve as a game or billiards space.
Step outside to your private resort-like backyard, where an infinity-edge pool, spa, and breathtaking views await. Two covered patio areas, a built-in barbecue island, manicured lawns, mature fruit trees, and a fragrant garden set the stage for unforgettable outdoor entertainment. A side yard with a basketball court adds to the appeal, ensuring enjoyment for all ages.
Conveniently located near top-rated schools, upscale shopping, fine dining, and business centers, this estate combines luxury and practicality. With its unmatched features and prime location, this home is ready for you to move in or invest.
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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 |
|---|---|---|---|
| Mar 14, 2025 | Sold | ||
| Sold | |||
| Dec 27, 2024 | Listed by RE/MAX Galaxy | $4,599,000 | |
| Listed by RE/MAX Galaxy | |||
| Apr 26, 2024 | No longer available | - | |
| No longer available | |||
| Jan 29, 2024 | Listed by MARQUIS Signature Properties | $5,499,000 | |
| Listed by MARQUIS Signature Properties | |||
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Tranquil luxury awaits you in this magnificent, one of a kind hidden gem. This luxurious 7,345 SF Mediterranean inspired estate is located in the prestigious Diamond Bar ‘The Country’, a 24-Hour patrol/guard gated community. You will love its luxurious and modern features, which includes an extremely spacious 6 bedrooms & 6 Bathrooms. Greeted with an enormous door at the front entrance, you immediately step into a spacious open floorplan, soaring ceilings, new carpet, and a generous amount of natural light. Elegant foyer with crystal chandelier, coupled with a dramatic and beautiful staircase. The living room flows seamlessly into the formal-yet-relaxed dining room. The designer kitchen, newly remodeled!, has stainless steel appliances, recessed lighting, quartz counters, and an abundance of cabinetry. A kitchen dream, complete with everything you need for that annual family gathering and entertainment. Further augmented embellishments include an oversized main floor bedroom suite with an elegant large bathroom and walk-in closet fit for both him & her clothes. There is also an office, upstairs library with built-in bookcase, and a spacious bonus room that can accommodate a billiards table or game room. Looking outside, your guests will surely be impressed with the peaceful scenic hillside view from the backyard, as they rest and unwind in the infinity pool and spa. Then, effortlessly step out and enjoy the multi-million dollar scenic nature view, some food on two covered-patio areas with a built-in barbeque island, sprawling lawns with large mature fruit trees, and a beautiful aromatic garden. A side yard features a basketball court. The location is A+ with a well renown school district and a plentiful amount of popular shops, fashionable restaurants, business centers and much, much more. It is Ready to move in and you will love this home! ALL INVESTORS: SELLER IS WILLING TO LEASE-BACK THE HOME AND GUARANTEE MONTHLY RENT! Perfect for your next home or investment property. The manager has listed the unit size as 7326 square feet.
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| Dec 8, 2023 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017