3016 Milagro Way
About This Property
rare blend of architectural charm, thoughtful upgrades, and California indoor-outdoor living. With
nearly 4,000 sq. ft. on almost half an acre, this home invites you to live expansively-with
natural light, lush privacy, and quiet luxury woven into every corner.
Step through the grand entry and feel the warmth of rich wood tones, a dramatic custom spiral
staircase, and beautifully connected living spaces ideal for entertaining. The heart of the home
is a gourmet kitchen featuring a built-in refrigerator, walk-in pantry, oversized island, and double
ovens-flowing effortlessly into the family room and backyard for al fresco dining and lounging. A dedicated home office space provides flexibility for remote work or creative pursuits.
Upstairs, the primary suite is a true retreat: soaring ceilings, a sun-drenched private deck, a
spa-inspired bath, and a massive custom closet you'll never outgrow. Outdoors, discover your
personal oasis-a sparkling pool with a 9-foot deep end, spa, new tile-deck pergola and
pathway designed for rest, reflection, and celebration.
Bonus spaces abound: a pool room with full bath, a finished flex room for hobbies or storage,
and a tool or gardening closet. Dual HVAC, 2 tankless water heaters, and a built-in
entertainment center round out the thoughtful amenities.
Located near scenic Laguna Lake, Coyote Hills trails, and top-rated Fullerton schools-this
home offers the privacy of an estate with the soul of a retreat. Timeless, tranquil, and truly
one-of-a-kind.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jun 30, 2025 | Sold | ||
| Sold | |||
| Jun 7, 2025 | In contract | - | |
| In contract | |||
| Mar 24, 2025 | Listed by Century 21 Discovery | $2,228,000 | |
| Listed by Century 21 Discovery | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017