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49967 Ridge View Way
About This Property
The home spans 6,265 square feet across a private 19,600-square foot lot, designed with a modern, organic, desert centric architecture that blends seamlessly with its natural surroundings. An elegant motor court, framed by palms, water features, and desert landscape welcomes you home. Inside, refined living spaces and walls of glass with 14 foot ceilings open to breathtaking views at every turn. A modern, entertaining kitchen with seating for many, a butler's pantry with coffee bar, a mountain view dining room, a 1,500-bottle wine room, a private viewing room with huge pivot doors, and a gym, all elevate your everyday living. Each of the four ensuite bedrooms offers its own retreat, including a luxurious private casita with a spa-inspired bath with waterfall shower. The primary suite enjoys exceptional views, two walk-in closets, fireplace, sitting area, and direct access to the pool and spa-perfect for savoring desert nights in solitude.
Ironwood Country Club is a private, member-owned community cradled by the Santa Rosa and San Jacinto Mountains National Monuments. Just moments from El Paseo yet worlds away in ambiance, this rare offering combines natural beauty, ultimate privacy, and a lifestyle defined by peace, exclusivity, and awe-inspiring desert landscapes.
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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 |
|---|---|---|---|
| Jul 30, 2026 | Sold | ||
| Sold | |||
| Apr 3, 2026 | In contract | - | |
| In contract | |||
| Mar 18, 2026 | Price Decreased |
$5,695,000
↓ $304K
(5.1%) | |
| Price Decreased | |||
| Jan 7, 2026 | Price Decreased |
$5,999,000
↓ $600K
(9.1%) | |
| Price Decreased | |||
| Jul 1, 2025 | Listed by Compass | $6,599,000 | |
| Listed by Compass | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017