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476 Annandale
About This Property
The upper level showcases an awe-inspiring living space defined by four soaring vaulted gables and spectacular walls of windows that flood the home with natural light while framing the surrounding woodland. An open-concept kitchen and living area create the perfect setting for entertaining or quiet evenings immersed in nature. A full bathroom and two expansive decks extend the living space outdoors, offering multiple places to relax and take in the peaceful forest views.
A sculptural spiral staircase leads to the lower level, where you'll find three comfortable bedrooms, a second full bathroom, a laundry area, and an inviting patio tucked beneath the trees.
Modern conveniences include a mini-split air conditioning system, while coveted lake rights provide access to the beauty the lake has to offer. The property also boasts a proven history as a successful short-term rental, making it an exceptional opportunity for those seeking either a distinctive personal retreat or an income-producing investment.
Architecturally daring, visually impressive, and unlike anything else on the market, 476 Annandale is more than a home - it's a design statement, a peaceful mountain escape, and a rare opportunity to own one of the area's most memorable residences. Furnishings negotiable.
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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 |
|---|---|---|---|
| Oct 10, 2026 | Price Decreased |
$675,000
↓ $24K
(3.4%) | |
| Price Decreased | |||
| Jul 23, 2026 | Listed by COLDWELL BANKER SKY RIDGE REALTY | $699,000 | |
| Listed by COLDWELL BANKER SKY RIDGE REALTY | |||
| Sep 13, 2018 | Sold | ||
| Sold | |||
| Aug 18, 2018 | Listed by MOUNTAIN COUNTRY REALTY, INC. | $325,000 | |
| Listed by MOUNTAIN COUNTRY REALTY, INC. | |||
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If you are looking for secluded forest setting in a wonderful neighborhood, this is it. Unique Flying W'' Mid Century Modern spacious design with tall vaulted & beamed tongue & groove ceilings. Very quiet area with an easy walk to the National Forest or Golf Course. Upper level big OPEN concept with kitchen, powder room, dining room & living rooms with an all new fireplace with insert and tall stacked rock face. Large picture windows look out to the forest. Opens to decks on two sides surrounded by trees with custom bird feeder to enjoy nature while sipping your coffee. Lower level is accessed by large steel spiral staircase with stone steps. Lower level has 2 bedrooms, 1 with a wonderful leaded window, fully remodeled full bath & family area with storage closet. Newer heating, newer plumbing & some new paint. Cement driveway with multiple car parking. Arrowhead Lake Rights. Great mountain retreat or potential vacation rental priced to sell.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017