42800 Ca - Hwy 79
About This Property
The approximately 1,311 SF main home has been renovated throughout with updated fixtures, appliances, flooring, paint, lighting, HVAC, and many updated windows. The roofing has been replaced on all structures. A fully upgraded, approximately 524 SF detached bunkhouse features four delightful guest bunks, a full bathroom, mini-split heating and cooling, and a partially finished kitchenette with laundry ready for completion to suit future needs. Connecting the two buildings is a private courtyard with shade and mountain views, creating an inviting outdoor gathering space. A detached, approximately 342 SF garage with three doors provides additional storage and utility. All appliances, including washer and dryer, as they appear in photos are included.
The property's agricultural history, separate accommodations and visible location create possibilities beyond a traditional residence. Previously advertised as within a Village Overlay with commercial potential, the property invites exploration of a residence with farmstand, a restaurant concept, multigenerational accommodations, or residential use with potential short-term rental income. The former lavender grounds offer space to revive cultivation or develop a new agricultural vision. All proposed uses, including commercial operations, additional residential occupancy and short-term rentals, are subject to buyer verification of current zoning, building permits and applicable County approvals. A distinctive combination of farmhouse charm, renovated spaces and future potential in a convenient rural setting. Pictures are worth a thousand words so be sure to view the timeless upgrades in the enchanting photo tour, or better yet, book your appointment to view this gem in person. True character and charm give the feeling of the western frontier where you can envision the old stagecoaches traveling by and the thoughtful renovations preserve that old farm feeling. A must see!!!!!!
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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%.
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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 |
|---|---|---|---|
| Oct 15, 2026 | Listed by HomeQuest Advantage Properties | $545,000 | |
| Listed by HomeQuest Advantage Properties | |||
| Dec 19, 2017 | Sold | ||
| Sold | |||
| Aug 4, 2017 | Listed by Jude Realty | $75,000 | |
| Listed by Jude Realty | |||
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2.16 ACRE PARCEL ONCE HAD A HOME BUT WAS TORN DOWN WELL/ELECTRIC AND SEPTIC JUST BRING YOUR HOUSE AND YOUR DONE SELLER IS NOT AWARE OF CONDITION OF THE WELL. PERFECT LOCATION 10 MINUTES TO TEMECULA AND 20 MINUTES TO HEMET YOU GET THE BEST OF BOTH WORLD COUNTRY LIVING 10 MINUTES TO TOWN. BRING THE FAMILY AND ENJOY THE COUNTRY LIFE WITH NO SMOG!!!!!!!!!!!!!!ENTRANCE IS RIGHT ON HIGHWAY 79. DO NOT MISTAKE FOR THE OTHER HOUSE RIGHT NEXT DOOR ALSO 42800 HIGHWAY 79
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017