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29300 Elkhorn Place
About This Property
This stunning home offers the perfect blend of modern luxury, spacious living, and natural serenity. Ideal Airbnb opportunity with plenty of room for guests to spread out and relax. Located at end of a quiet cul-de-sac and surrounded by majestic oak trees, this property provides breathtaking views from every window. Step inside to a completely remodeled dream kitchen, featuring brand-new cabinets, quartz countertops, and a stylish backsplash. The cascade-edge island is perfect for gatherings, while the huge walk-in pantry includes a convenient coffee bar just outside for your morning brew. The expansive living room boasts two cozy fireplaces, creating a warm and inviting space to unwind during Tehachapi's picturesque snowy winters. Floor-to-ceiling windows and sliding doors open onto a brand new deck, where panoramic views of Cummings Valley and the charming town of Stallion Springs stretch out before you. The main level primary suite is a true retreat, offering stunning views from every window, a large vanity area, a walk-in closet with a laundry chute, and private access to the deck-perfect for enjoying morning coffee or evening sunsets in tranquility. A guest half-bath completes the main level for added convenience. Downstairs, three additional bedrooms, a full bath, an office, and a family room provide ample space for guests or family, each bedroom with direct access to the lower deck to enjoy crisp mountain mornings and the beauty of Tehachapi's four seasons. This charming 1970's home with updated two AC units and two water heaters to ensure comfort and convenience year-round. While many modern upgrades have been made, there's still plenty of potential to personalize the space and add your own unique touch. Outside, you'll find a chicken coop-perfect for fresh eggs and a bit of homestead living-plus owned solar panels for energy efficiency. With the ability to comfortably run the A/C during warmer months and the inclusion of an additional 5.04-acre lot, you'll own a total of 8.21 acres-offering ultimate privacy, abundant outdoor space, and frequent visits from local deer and elk.This spacious hilltop retreat isn't just a home-it's a lifestyle and a fantastic Airbnb investment opportunity. Experience the beauty, tranquility, and comfort of this one-of-a-kind property. Schedule your private showing today!
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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 27, 2026 | In contract | - | |
| In contract | |||
| Dec 9, 2025 | Listed by Keller Williams Tehachapi | $550,000 | |
| Listed by Keller Williams Tehachapi | |||
| Mar 9, 2025 | Listed | $599,000 | |
| Listed | |||
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Hilltop Retreat in Stallion Springs – 8.21 acres Perfect for Airbnb
This stunning home offers the perfect blend of modern luxury, spacious living, and natural serenity. Ideal Airbnb opportunity with plenty of room for guests to spread out and relax. Located at end of a quiet cul-de-sac and surrounded by majestic oak trees, this property provides breathtaking views from every window. Step inside to a completely remodeled dream kitchen, featuring brand-new cabinets, quartz countertops, and a stylish backsplash. The cascade-edge island is perfect for gatherings, while the huge walk-in pantry includes a convenient coffee bar just outside for your morning brew. The expansive living room boasts two cozy fireplaces, creating a warm and inviting space to unwind during Tehachapi’s picturesque snowy winters. Floor-to-ceiling windows and sliding doors open onto a brand new deck, where panoramic views of Cummings Valley and the charming town of Stallion Springs stretch out before you. The main level primary suite is a true retreat, offering stunning views from every window, a large vanity area, a walk-in closet with a laundry chute, and private access to the deck—perfect for enjoying morning coffee or evening sunsets in tranquility. A guest half-bath completes the main level for added convenience. Downstairs, three additional bedrooms, a full bath, an office, and a family room provide ample space for guests or family, each bedroom with direct access to the lower deck to enjoy crisp mountain mornings and the beauty of Tehachapi’s four seasons. This charming 1970’s home has been thoughtfully updated with two AC units and two water heaters to ensure comfort and convenience year-round. While many modern upgrades have been made, there’s still plenty of potential to personalize the space and add your own unique touch. Outside, you’ll find a chicken coop—perfect for fresh eggs and a bit of homestead living—plus owned solar panels for energy efficiency. With the ability to comfortably run the A/C during warmer months and the inclusion of an additional 5.04-acre lot, you’ll own a total of 8.21 acres—offering ultimate privacy, abundant outdoor space, and frequent visits from local deer and elk.This spacious hilltop retreat isn’t just a home—it’s a lifestyle and a fantastic Airbnb investment opportunity. Experience the beauty, tranquility, and comfort of this one-of-a-kind property. Schedule your private showing today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017