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45315 Forest Ridge Drive
About This Property
Energy-efficient, connected, and quietly tucked away from the highway, this well-maintained 3-bedroom, 2-bath home offers the rare combination of rural space and modern infrastructure. Located in the desirable Ahwahnee area and within the Yosemite Unified School District, this 1,624 sq ft home sits on just over 2 acres of usable land, providing flexibility for gardening, animals, RV parking, or simply enjoying the open foothill landscape. One of the property's standout features is the fully paid-off solar system - no lease, no transfer fees - helping keep long-term utility costs low. Brand-new high-speed fiber internet provides reliable connectivity for remote work, streaming, and modern living - an increasingly valuable feature in rural communities.
Inside, the open-concept layout connects the kitchen, dining, and living areas for easy everyday flow. A new gas stove anchors the kitchen, while a gas fireplace adds warmth and comfort during cooler evenings. The home is light-filled, functional, and move-in ready. Just minutes from Oakhurst, Bass Lake, and the southern entrance to Yosemite National Park, this location offers year-round recreation while maintaining a peaceful residential setting away from highway traffic.
If you're looking for usable land, energy efficiency, modern connectivity, and foothill living without compromise, this property delivers.
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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 |
|---|---|---|---|
| May 26, 2026 | Sold | ||
| Sold | |||
| Apr 14, 2026 | In contract | - | |
| In contract | |||
| Feb 25, 2026 | Price Decreased |
$438,500
↓ $27K
(5.7%) | |
| Price Decreased | |||
| Jun 18, 2025 | Listed by EXP Realty of California Inc. | $465,000 | |
| Listed by EXP Realty of California Inc. | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017