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5 Hedgeland
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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 |
|---|---|---|---|
| Mar 10, 2026 | Sold | ||
| Sold | |||
| Feb 17, 2026 | In contract | - | |
| In contract | |||
| Dec 5, 2025 | Listed by Pacific Sotheby's Int'l Realty | $3,395,000 | |
| Listed by Pacific Sotheby's Int'l Realty | |||
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Located at 5 Hedgeland in the coveted enclave of Coto de Caza, this extraordinary single-family residence is a masterclass in thoughtful reinvention. Completely remodeled from the inside out, the home reflects a refined point of view—where architecture, materials, and craftsmanship work in quiet harmony.
Designed for effortless single-level living, the floor plan unfolds across four beautifully appointed bedrooms and three spa-inspired baths, each finished with high-end Kohler fixtures and custom linear shower drains. Throughout the home, custom ceiling beams, curated designer lighting, bespoke fireplaces, and tailored millwork—including statement wainscoting in the entry—create warmth and architectural depth.
At the heart of the home, the kitchen is a true showpiece, anchored by a professional-grade Thermador appliance suite, custom cabinetry, and handcrafted counters. A butler’s pantry enhances flow, while an additional custom bar with built-in refrigeration and ice-maker plumbing makes entertaining seamless.
Western Windows and Doors, crafted in custom metal, blur the line between indoors and out. A cantina-style folding patio bar window opens effortlessly to the backyard, creating an environment designed for both hosting and everyday enjoyment.
Outside, the property unfolds as a private retreat. The newly refinished PebbleTec pool features custom fountains and integrated lighting, framed by an Ipe wood patio cover and thoughtfully designed grounds. A Hollywood hedge surrounds the property, offering exceptional privacy, while extensive drainage and custom gutter systems ensure long-term performance.
Rare for Coto de Caza, the property includes ownership of the hillside beyond the backyard gate—an opportunity to create a private vineyard, orchard, or elevated retreat, with direct access to hiking and mountain biking trails.
Additional highlights include a detached backyard studio or office, finished to the same standards as the main residence, a custom wood garage door, epoxy-finished three-car garage with keypad entry, custom side gate, and approximately 200 square feet of dedicated storage. Fire-resistant concrete siding wraps both the home and studio, blending modern durability with timeless design.
This is not simply a renovation—it is a fully realized vision. A home of substance and sophistication, where every upgrade feels intentional and every space designed to delight.
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| Nov 20, 2019 | Sold | ||
| Sold | |||
| Jun 13, 2019 | Listed by Homecoin.com | $1,399,000 | |
| Listed by Homecoin.com | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017