47480 Maverick Road
About This Property
The 1st tier is perfect for horses, goats, and other farm animals, complete with horse corrals, mature shade trees, and plenty of room to expand your hobby farm or equestrian lifestyle.
The 2nd tier is home to a spacious 2-car garage with an attached workshop/barn, featuring an oversized barn door, newer garage door opener, and ample space for projects, storage, or equipment. You'll also find a newer greenhouse and a large entertainment deck with gated access to the perfect location for a future pool, spa, outdoor kitchen, or movie screen.
The 3rd tier welcomes you to the spacious residence, surrounded by mature landscaping, multiple gardening areas, storage buildings, a water tank, and a custom RV awning measuring 14' x 45' with 30-amp electrical service and septic hookup. One of the outbuildings has been thoughtfully converted into a comfortable office with electricity, new flooring, and air conditioning-ideal for remote work, a studio, or hobby space.
Additional upgrades include a new electrical service panel, new propane water heater, whole-house evaporative cooler, central HVAC, and a newer refrigerator. A paved driveway leads from the automatic entry gate to the home, providing easy access while enhancing the property's curb appeal.
Bordering public county land, this exceptional property offers added privacy and a peaceful setting while remaining conveniently close to Temecula Wine Country, local wineries, Palm Springs, shopping, dining, and everyday amenities.
With NO HOA, low property taxes, abundant outbuildings, RV accommodations, barn, workshop, and nearly three acres of usable land, this one-of-a-kind property offers the perfect blend of country living and modern convenience. Don't miss your opportunity to own this incredible private retreat!
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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 23, 2026 | In contract | - | |
| In contract | |||
| Aug 25, 2026 | Relisted | $475,000 | |
| Relisted | |||
| Aug 19, 2026 | In contract | - | |
| In contract | |||
| Aug 4, 2026 | Price Decreased |
$520,000
↓ $10K
(1.9%) | |
| Price Decreased | |||
| Jul 7, 2026 | Listed by Allison James Estates & Homes | $530,000 | |
| Listed by Allison James Estates & Homes | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017