3396 Indian Hills Drive
About This Property
Welcome to this impressive custom residence, situated on a generous 0.76-acre lot in the heart of Pace and offering more than 4,000 square feet of living space designed for comfortable everyday living and effortless entertaining.
Step inside through the dramatic two-story foyer, where the home's scale and distinctive floor plan immediately stand out. The home features brand-new flooring throughout, including new luxury vinyl plank flooring across the entire downstairs and new carpet throughout the upstairs. The entire downstairs has also been freshly painted, giving the main living areas a clean, updated, move-in-ready feel.
Spacious living areas flow throughout the main level, including a generous living room, formal dining area, and beautifully appointed kitchen centered around a striking freestanding gas fireplace that adds warmth and character to the heart of the home.
One of the home's most distinctive features is its two master suites. The private main-level master offers convenience and accessibility, while the expansive upstairs master provides an additional retreat ideal for guests, extended family, or multigenerational living.
The home is equally well equipped for entertaining, with granite countertops, a wet bar, custom wine lattice, and generous gathering spaces for everything from casual evenings to special occasions. Outdoor living continues on the covered and screened patio with built-in grill, overlooking the expansive backyard and providing a comfortable setting for dining, entertaining, or relaxing outdoors.
Recent improvements add even more value and peace of mind, including a brand-new upstairs air-conditioning system and brand-new downstairs water heater. The home also features high-efficiency Lennox HVAC equipment and a backyard solar panel field, adding to its energy-efficient features.
With more than 4,000 square feet, two master suites, all-new flooring throughout, extensive entertaining spaces, significant recent updates, and nearly three-quarters of an acre, this custom Pace home offers a combination of space, flexibility, comfort, and value that is difficult to find.
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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 |
|---|---|---|---|
| Sep 22, 2026 | In contract | - | |
| In contract | |||
| Aug 10, 2026 | Listed by Keller Williams Realty Gulf Coast | $700,000 | |
| Listed by Keller Williams Realty Gulf Coast | |||
| Oct 22, 2021 | Sold | ||
| Sold | |||
| Sep 5, 2021 | No longer available | - | |
| No longer available | |||
| Aug 2, 2021 | Price Decreased |
$595,000
↓ $14K
(2.3%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017