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4716 Graywood
About This Property
Designed for sophisticated living and effortless entertaining, this impressive home offers 6 bedrooms, 5 modern bathrooms, and 3 private primary suites. The expansive chef's kitchen takes center stage with high-end stainless-steel appliances, sleek European-style cabinetry, and a dramatic black-and-white waterfall island, creating a stunning balance of contemporary elegance and everyday functionality.
Throughout the home, high-end finishes elevate every room, including premium engineered hardwood floors, modern recessed lighting, elegant window shutters, and custom-organized closets thoughtfully designed by Closet World.
The main primary suite serves as a true retreat, offering a large walk-in closet, a spa-inspired bathroom, and sleek French doors that open to a spacious private balcony overlooking the neighborhood. Each bathroom features walk-in showers with sleek glass enclosures, integrated seating, and premium en-suite finishes.
Designed for seamless indoor-outdoor living, the kitchen opens to a large covered porch featuring modern recessed lighting and a built-in fire sprinkler system. This open-air extension overlooks a lush green lawn with a full sprinkler system, creating an inviting setting ideal for entertaining.
The home is equipped with dual-zone climate control powered by two central AC units, along with two EV chargers, two Tesla Powerwall batteries, solar panels, a high-efficiency electric water heater, and a high-capacity electrical panel designed to support substantial energy use.
Standout amenities include pre-approved plans for a pool, an expansive dedicated RV parking area, and a fully finished 2-car garage with recessed lighting. The home is equipped with premium security cameras, a whole-house fire sprinkler system, an upstairs laundry room with a new washer and dryer, and a second laundry hookup in the garage for added convenience.
Just moments from top-rated schools, beautiful local parks, and the Lakewood Shopping Center, this home offers next-level luxury living in the heart of highly sought-after Lakewood Village.
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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.
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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 6, 2026 | Listed by WPG Realty & Lending Group | $2,300,000 | |
| Listed by WPG Realty & Lending Group | |||
| Sep 5, 2025 | Sold | ||
| Sold | |||
| Aug 2, 2025 | In contract | - | |
| In contract | |||
| Jul 10, 2025 | Listed by First Team Real Estate | $899,999 | |
| Listed by First Team Real Estate | |||
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CALLING ALL INVESTORS, BUILDERS, AND RENOVATORS: Situated on a massive 9,241 sqft lot in Lakewood Village, this property is the ultimate blank canvas for a ground up rebuild, full scale remodel, add-on to the existing structure, or adding multiple units to truly maximize value (verify with City of LB). The existing 3 bed, 1 bath, 1,014 sqft home features a long gated driveway leading to a detached 2 car garage. The expansive backyard offers the potential to build up to 4 units including an attached ADU, a detached ADU near the garage, and an SB9 unit on the side, or take full advantage of the huge lot to create a stunning new custom home that really makes a statement (one just sold on the same street for close to $1.4M after adjusting for commissions, and it needs to be updated throughout). You are just steps from Mayfair Park’s playgrounds, sports courts, and seasonal concerts in the park, plus a short stroll to the Norse Way Village’s dining and boutique shops. Minutes away is Lakewood Center with Home Depot, Costco and over 175 retailers, and quick drives to CSULB, local beaches, harbors, and the 91, 710, and 405 freeways. Make this home truly yours and enjoy Southern California living all year round.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017