307 Cedar Ridge Drive
About This Property
As you arrive, a circular drive leads to an oversized three-car garage with ample storage, while the landscaped yard and whole-house generator showcase the property's attention to detail and readiness for any season. Step inside to discover custom craftsmanship at every turn, from rich hardwood floors to impeccable cabinetry and woodwork, oversized doors, and ultra-vaulted ceilings.
The chef's kitchen is a dream for any culinary enthusiast, featuring soaring ceilings, custom woodwork, a breakfast room, an expansive center island, and an entertainment bar. Adjoining this space, a sunroom provides a tranquil retreat, and an indoor barbecue area with a commercial-grade hood invites gatherings year-round.
The expansive great room flows seamlessly to large decks overlooking the forest, ideal for entertaining or quiet contemplation. A grand entry with a spiral staircase sets a captivating tone, leading to a versatile puzzle room that opens to the deck, perfect as a multi-purpose room or potential fifth bedroom. Additionally, the main floor hosts a powder bath, laundry, a wine room, and 3 guest suites
Adventure and leisure continue in upper level's lively game room and bar, complete with a half bath, a craft/bonus room, and a loft library area. The master suite is a private sanctuary with its own deck overlooking the forest, a luxurious spa-inspired bath with a spa tub, and an attached office and workout area. A spacious closet with an integrated laundry area completes this remarkable space.
307 Cedar Ridge Dr. is more than just a home-it's a refined retreat where every detail has been meticulously crafted. Discover the charm, sophistication, and beauty that make this estate one of Lake Arrowhead's finest.
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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 |
|---|---|---|---|
| Jan 2, 2025 | Sold | ||
| Sold | |||
| Nov 12, 2024 | In contract | - | |
| In contract | |||
| Nov 1, 2024 | Listed by COLDWELL BANKER SKY RIDGE REALTY | $2,590,000 | |
| Listed by COLDWELL BANKER SKY RIDGE REALTY | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017