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8389 HIGHVIEW STREET
About This Property
Your Private Lake Oasis!
Originally the Merchant Tire family's retreat, this beautiful cabin boasts a coveted waterfront position, with unobstructed views and private dock. The A-frame addition brightens the home with light and frames the lake like a living painting. Sip your morning coffee on the deck while watching bald eagles soar over the water.
Why This Cabin Stands Above the Rest:
Unbeatable Location: Prime Lakefront Living: South-facing for all-day sun, with a private dock and Trex deck perfect for watching sunsets over the water.
Main Level Highlights:
Sunlit Living: The A-frame addition offers stunning lake views from the kitchen, dining area and family room.
Gourmet Kitchen: Enjoy meals in the spacious eat-in kitchen with a breakfast bar, granite countertops, soft-close cabinets, and a huge pantry.
Open & Airy: High vaulted ceilings create a welcoming atmosphere throughout the main level, which includes a family room, two bedrooms, a third loft bedroom, a laundry room, and a beautifully remodeled full bathroom.
Family Room: Bright and inviting with two skylights, open to the kitchen, and featuring a loft above that adds a third bedroom area with space underneath for a cozy reading nook, walk-in closet or small home office.
Outdoor Living: Sliding glass doors lead to a large Trex deck with stairs down to a patio, and yard complete with a shaded large gazebo and private dock for your boat or kayaks.
Lower Level Flexibility:
Spiral stairs take you to the lower level, originally designed as a primary suite but now a versatile space that could serve as a fourth bedroom.
Features include a spacious main area, a luxurious full bath with a jetted tub and towel warmer, a storage closet, a small workout room (or walk-in closet), and additional laundry space.
Recent Upgrades (Last 5 Years):
Kitchen & bathroom remodels
New windows
Trex deck & lakeside patio with gazebo
New gutters
Loft bedroom with under-area for closet and dresser.
Whether you're looking for a peaceful retreat or an entertainer's paradise, this cabin offers the perfect blend of comfort, charm, and lakeside serenity. Don't miss your chance to own this slice of paradise!
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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.
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About Lion Lake Jackson Shores
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017