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6525 Lakeview Drive
About This Property
Discover the possibilities with this charming mountain retreat in the peaceful community of Lake of the Woods. Situated on two nearly level parcels, this 2-bedroom, 1-bath home offers the extra outdoor space that's becoming increasingly difficult to find. Whether you're looking for a full-time residence, weekend escape, or investment opportunity, this property deserves a closer look.
A welcoming front porch, detached two-car garage, concrete driveway, RV parking, mature fruit trees, and generous yard space provide plenty of room to enjoy mountain living. Inside, the home features a comfortable single-level floor plan with beamed ceilings, warm wood accents, a cozy living room fireplace, and a functional kitchen with tile countertops.
The second parcel adds flexibility and future potential for the new owner. Enjoy beautiful mountain views while being just minutes from Interstate 5 for an easy commute to Bakersfield, Santa Clarita, or Los Angeles. Hiking, National Forest, horseback riding, and year-round outdoor recreation are all nearby.
Property is tenant occupied. Showings are by appointment only. Buyers are encouraged to verify all information, including lot sizes, water service, permitted uses, improvements, and future development potential.
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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%.
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 29, 2026 | Relisted | $255,000 | |
| Relisted | |||
| Oct 17, 2026 | In contract | - | |
| In contract | |||
| Jul 20, 2026 | Listed by Frazier Mt.Real Estate | $289,000 | |
| Listed by Frazier Mt.Real Estate | |||
| Aug 14, 2020 | No longer available | - | |
| No longer available | |||
| Aug 10, 2020 | Listed | $199,000 | |
| Listed | |||
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OWNER FINANCING!!! 10% Down, 4% Interest for 30 years! The manager has listed the unit size as 786 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017