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650 CRANE PRAIRIE WAY
About This Property
The interior lives large and light-filled, centered around a dramatic great room with a 12-foot double-tray vaulted ceiling that establishes an immediate sense of volume and architectural presence. The open floor plan allows spaces to flow comfortably for everyday living and entertaining, with generous room sizes, flexible living areas, and a second-floor bonus retreat that adds versatility while preserving the ease of main-level living.
Built by Lee Wetherington in 2005, the home reflects enduring construction quality, balanced proportions, and a layout designed for longevity. This home stands out not by excess size, but by proportion, preserve setting, and livability-offering a strong foundation for personalization and long-term value within one of Willowbend's most private settings.
Located in the maintenance-free Willowbend community, the lifestyle is intentionally simplified. HOA services include landscaping, irrigation, cable, and internet, supporting a lock-and-leave approach without sacrificing space or privacy. Community amenities include a resort-style pool, fitness center, and recreational spaces within a well-established, deed-restricted neighborhood.
For buyers who value build quality, natural views, and compelling price/square foot positioning, this residence presents a rare opportunity in Willowbend-best experienced in person.
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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.
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 |
|---|---|---|---|
| Jan 23, 2026 | Listed by MICHAEL SAUNDERS & COMPANY | $799,990 | |
| Listed by MICHAEL SAUNDERS & COMPANY | |||
| Jun 17, 2025 | Price Decreased |
$845,000
↓ $70K
(7.7%) | |
| Price Decreased | |||
| Mar 18, 2025 | Price Decreased |
$915,000
↓ $36K
(3.8%) | |
| Price Decreased | |||
| Oct 30, 2024 | Listed | $951,000 | |
| Listed | |||
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BEST PRICED HOME PER SQ FT in a 3-Mile Radius! Now Offered at $845,000 | Lease Option/Purchase Available!
Live large in this 3,183 sq ft Lee Wetherington masterpiece with private pool and preserve OSCAR SCHERE PARK views in the coveted Willowbend community—just minutes from Casey Key Beach and the nationally ranked Pine View School for the Gifted. Offering over 3,180 sq ft, this home features an open-concept layout with all bedrooms on the main floor and an upstairs bonus room perfect for guests, a gym, or home office.
Upgrades include a chef’s kitchen with cherry wine racks, wood floors in the den, walk-in closets, and serene views. Enjoy a private pool, 3-car garage, newer AC and water heater, and hurricane shutters—all in an X flood zone with no CDD.
Resort-style community amenities include a heated pool, fitness center, tennis/pickleball courts, and playground. HOA covers landscaping, irrigation, cable, and internet. Call and schedule yoru provate showing today!
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| Nov 9, 2004 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017