46856 El Prado
About This Property
The approximately 5,700 square foot main residence was designed for both grand entertaining and comfortable everyday living. The chef's kitchen features a large center island, granite countertops, double ovens, and abundant prep and storage space. Formal living and dining rooms add classic sophistication, while the spacious family room with wet bar creates the perfect gathering space. Three fireplaces throughout the home add warmth and character.
The lower-level primary suite serves as a luxurious private retreat with a spacious sitting area, two-sided fireplace, and spa-inspired bathroom featuring a jetted soaking tub. An additional bedroom is located on the main level, while upstairs offers two more bedrooms including a second primary suite and a large loft that could easily convert into a fifth bedroom, office, or bonus room. Expansive patio and pool areas create seamless indoor-outdoor living while capturing the surrounding scenic views.
Complementing the main home is an approximately 1,440 square foot guest residence complete with a private elevator, attached six-car garage, EV charging stations, and downstairs studio-style workers' quarters with an additional bathroom. The main residence includes an attached three-car garage, bringing the property to an impressive total of nine garage spaces. Fully paid solar enhances efficiency and long-term value. Rich in character, privacy, and timeless European influence, this extraordinary estate presents a rare opportunity to own a true legacy property. Adjacent 20 acres available MLS SW26105296 Best home priced per square foot in De Luz.
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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 25, 2026 | Price Decreased |
$2,599,000
↓ $699K
(21.2%) | |
| Price Decreased | |||
| May 21, 2026 | Listed by Rawson & Associates | $3,298,000 | |
| Listed by Rawson & Associates | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017