37
Map
5430 Red Ryder Road
About This Property
Thoughtfully shaped over time, this is much more than vacant land. Handcrafted stonework, a ceremonial semi-subterranean kiva fire pit, a medicine wheel and twelve approximately 20-foot stone-walled semi-subterranean sleeping kivas are woven into the property, creating a series of intimate spaces for gathering, contemplation and evenings beneath Pioneertown's extraordinary night sky.
An established colony of California scrub oaks locally known as Bear Oaks anchors the landscape alongside mature native vegetation, cacti and other desert botanicals. Rather than imposing itself on the surroundings, the property feels intrinsically connected to them.
Privately situated along a quiet dead-end road, the land opens to panoramic views across some of the High Desert's most dramatic scenery, including the Sawtooth Mountains, Black Mountain, San Gorgonio Wilderness, Black Lava Butte and Sand-to-Snow.
The possibilities are equally compelling: a modern Western ranch, architectural High Desert residence, private creative retreat or exceptional desert compound designed around the land rather than simply placed upon it.
Yet one of the property's greatest luxuries is its location. Iconic Pioneertown and historic Mane Street are within walking distance, placing Red Dog Saloon, Pioneertown's historic Western landmarks and the legendary Pappy & Harriet's close at hand while preserving the privacy and stillness of the property itself.
And for a buyer with a larger vision, the adjacent 1.20-acre parcel with private water well site with three 2,500-gallon water storage tanks also available, creating the opportunity to assemble approximately 2.4 acres for a substantial private Pioneertown estate.
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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 |
|---|---|---|---|
| Oct 16, 2026 | Price Decreased |
$109,000
↓ $20K
(15.5%) | |
| Price Decreased | |||
| Oct 2, 2026 | Price Decreased |
$129,000
↓ $10K
(7.2%) | |
| Price Decreased | |||
| Sep 18, 2026 | Price Decreased |
$139,000
↓ $10K
(6.7%) | |
| Price Decreased | |||
| Sep 3, 2026 | Price Decreased |
$149,000
↓ $1K
(0.7%) | |
| Price Decreased | |||
| Sep 1, 2026 | Listed by Coldwell Banker Roadrunner Realty | $150,000 | |
| Listed by Coldwell Banker Roadrunner Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017