776 Grass Valley Rd Road
About This Property
Spanning 1,720 sq. ft., this home boasts four large bedrooms and two bathrooms, thoughtfully designed to cater to every need. A generous loft offers the perfect space for a media room or extra guest accommodation, while the downstairs workshop with interior and exterior access, is ideal for projects or additional storage.
Be greeted by soaring ceilings with expansive windows flooding the open concept living area with natural sunlight. The gas-converted fireplace creates a cozy fireside ambience, while sleek, modern finishes add contemporary elegance. The kitchen flows seamlessly into the dining and living spaces, perfect for entertaining.
Venture outside onto one of the two expansive decks to dine under the stars, sip your morning coffee, or fire up the Weber grill, all while surrounded by towering evergreens. The generous 7,704 sq.ft. lot includes a terraced backyard, offering ample space for play and relaxation.
Modern upgrades include brand new HVAC with whole house A/C, a split A/C in the loft, upgraded plumbing, and an extended concrete driveway for ample parking.
Offered with high end furnishings included, this turnkey, successful STR-approved home is perfect as a full-time residence, vacation retreat, or income producing property. Don't miss this exceptional Lake Arrowhead sanctuary!
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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 |
|---|---|---|---|
| May 29, 2025 | Sold | ||
| Sold | |||
| Apr 28, 2025 | In contract | - | |
| In contract | |||
| Mar 31, 2025 | Listed by COMPASS | $729,000 | |
| Listed by COMPASS | |||
| Mar 17, 2022 | No longer available | - | |
| No longer available | |||
| Mar 1, 2022 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017