$575,000
●
House -
Off Market
28950 Manzanita Trail
Pine Valley, CA 91962
4 Beds
3 Baths
2,577 Ft²
$856,577
RealtyHop Estimate
43.00%
Since Apr 1, 2020
National-US
Primary Model
About This Property
REDUCED !!! Rare 1940's rock home. The interior is local pine
from that era. Home is roughly 1900sq'. Guest house is around
600sq'. 5 garage spaces. There is over 1700sq' in garages and
storage/shops. Full service RV parking. $60,000, 15k Solar System.
No electric bill, depending on what is in home etc. All rooms in
home are large and spacious. 40's era rock fireplace in living
room. Jacuzzi. Oaks, pines, cedars, fruit trees and rose garden.
Pardon the mess as owners are moving. This property has a lot
of garage and storage space. Ideal for a car collector or someone
who needs auto storage space. It's equipped with a solar system for
help with your electricity bills and a well that can be used for
all your irrigation needs etc. There is RV parking with water,
electric and septic.. Neighborhoods: Pine Valley Equipment:
Garage Door Opener,Pool/Spa/Equipment Other Fees: 0 Sewer:
Septic Installed Topography: LL Guest House Est. SQFT: 600
Unit Size
2,577 Ft²
Days on Market
321 days
Land Size
-
Price per sqft
$232
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1946
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 4 months ago (SDMLS #190022879)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 16, 2024 | Sold | ||
| Sold | |||
| Oct 7, 2024 | In contract | - | |
| In contract | |||
| Sep 17, 2024 | In contract | - | |
| In contract | |||
| Aug 25, 2024 | Price Decreased |
$924,000
↓ $25K
(2.6%) | |
| Price Decreased | |||
| Jun 14, 2024 | Listed by Century 21 Affiliated | $949,000 | |
| Listed by Century 21 Affiliated | |||
| | |||
|
BOM- BY NO FAULT OF THE PROPERTY. CALL AGENT FOR DETAILS. Stunning Manzanita Trail Property with ADU, Pool, and Modern Upgrades Welcome to your dream home nestled on Manzanita Trail, a perfect blend of rustic charm and modern convenience. This expansive property offers 2,577 sq ft of living space, featuring 3 bedrooms and 2 bathrooms in the main residence, complemented by a well-appointed ADU (Accessory Dwelling Unit) that boasts a cozy fireplace and A/C. Main Home: Bedrooms: Bathrooms: 2 Kitchen: Updated with sleek quartz countertops, perfect for culinary enthusiasts. Living Area: Enhanced with a magnificent stone fireplace, offering warmth and character Heating: Efficient heated floors for ultimate comfort. Water: Advanced filtration system ensuring pristine water quality. Updates: Modernized bathrooms for a luxurious feel Additional Features: Original 1940s stone structure with thoughtful additions and updates, retaining its timeless appeal. ADU (Accessory Dwelling Unit): Amenities: Includes a fireplace and air conditioning, ideal for guest accommodation or an AirBnB rental. Massive 5+ car garage, perfect for car enthusiasts or additional storage. Ample space to accommodate a dozen cars, plus a carport with view decks at the main home. Gated entrance ensuring privacy and security. Sparkling New Salt Water Pool installed in 2020, ready for summer fun. Paid-for solar panels with Tesla batteries, promoting energy efficiency and sustainability. On-site well (condition unknown), not currently used for water supply. Extra storage building and a playground that conveys with the property. Separate RV site with patio, and utilities. This home is move-in ready, offering all the comforts and amenities you could desire. With its blend of historic charm and modern upgrades, it's perfect for those looking to enjoy a luxurious yet cozy lifestyle. Don't miss the opportunity to own this exceptional property on Manzanita Trail, where you can enjoy the tranquility of country living with all the modern conveniences. Schedule a showing today and make this stunning home yours!
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Property Highlights
Parking Available
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Baths
ft²
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Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Pine Valley
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Listed by: Joe Stoveken, Real Innovate Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 190022879
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 190022879
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