5825 Deer Creek Way
About This Property
Tucked away on a serene 2-acre lot at the end of a quiet road, this beautifully landscaped Paso Robles retreat offers privacy, functionality, and country comfort in every detail. Wake up to sweeping vineyard views from your spacious open-ceiling living room and spend golden-hour evenings unwinding on the expansive wraparound deck-draped in wisteria and already equipped with 240v for stargazing in your dream spa.
This 3 bed, 2 bath home (1440 sq ft) blends charm and practicality, featuring a cozy wood-burning stove, quaint country kitchen, spacious mud/laundry/office room, and abundant storage throughout. Outdoors, equestrians will appreciate the large pole fenced gated paddock as well as a 2-stall horse pen, while hobbyists and creators will love the She Shed and two storage-ready sea containers. There is plenty of room for other animals with a spacious fenced pen below the deck as well (it used to house a tortoise). Almost all landscaping is on drip for easy upkeep.
Featuring flexible climate control (forced air or swamp cooler), sweeping views, ample room for animals/ RV's and toys, and all the amenities you need to move right in-this hilltop gem is not just priced to sell, it's ready to welcome you home.
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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 |
|---|---|---|---|
| Aug 7, 2025 | Sold | ||
| Sold | |||
| Jul 9, 2025 | In contract | - | |
| In contract | |||
| Jun 26, 2025 | Listed by AARE | $599,900 | |
| Listed by AARE | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017