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$1,089,000

Beds
4
Baths
4.5
sq ft
2,603

42569 Old Yosemite Rd, Oakhurst, CA 93644

42569 Old Yosemite Rd

Oakhurst, CA 93644

  • 68 days on market
Experience Old Yosemite Lodge: a luxurious move-in-ready, FULLY FURNISHED residence on approximately 11 acres of serene beauty, boasting 360° mountain views from most every room. Operating as a success short term as of Summer of 2024, June and July brought in $16,000 gross for each month, based on market data and industry software it is projected to make $140k revenue for the year. If you increase occupancy it can potentially increase revenue to $160K. If you convert the barn (check with county) potentially revenue is $211K. Enjoy expansive upper decks, a second-floor kitchen, living area w/ vaulted ceilings, dining and primary bedroom, all designed to maximize vista views. Relax in the 12-person in-ground stone spa and enjoy recent upgrades including a brand new AC unit, a new high efficiency SPA heater and LVP flooring in the downstairs bedrooms (and primary). Downstairs, you’ll find three bedrooms, two bathrooms, cozy living room, mini bar, and open space/game area. The fully fenced backyard is perfect for relaxing, complete with landscaping, stone spa and firepit. Front yard has plenty of parking and RV storage! The 1500 sqft barn, with 12.5' rollup door has been fully insulated, painted, and outfitted with new 48" windows highlighting the views. The studio apartment inside offers extra living space with bathroom and kitchenette. Essential amenities include a motorized touchpad entrance gate, large water tank, 500-gal propane tank, unfinished observatory, 2 water wells generating approx 9 gal a minute, and Generac generator (approx 5 years old) Future potential:Property zoned AR-5 (agricultural, rural-5 acre). Turn barn into a bardominium. Observatory area is a great flat pad for a potential build. There is a possibility to subdivide into 2 parcels to allow building of two additional homes. Buyer to verify all info and options w/ county. Major Upgrades made in the last year include New Spa Heater: $7,000, New Central Air: $12,000, Bathroom Renovation: $15,000, Barn Insulation & Drywall: $20,000, New Furniture: $30,000, Extensive Land Clearing: $7,500 & LVP Flooring: $4,000. Perfectly situated just 14 miles to Yosemite National Park's South Entrance, 6 miles to Bass Lake, and 6 miles to Oakhurst, it also offers a peaceful retreat with unobstructed views and prime sunsets on the wraparound deck. Enjoy low light pollution ideal for stargazing, making this home the perfect extension of the park. DO NOT GO direct, plz set appointment.

Details

Property type

Single Family Residence

Est. home value

$990,095

Lot size

11.7 acres

Price per sq ft

$419

Year built

2005

Price History

07/13/2024
CRMLS

CRMLS #EV24128496

Listed
$1,089,000
+19.34%
09/11/2023
FresnoMLS

FresnoMLS #596005

Sold
$912,500
+67.43%
10/15/2014
FresnoMLS

FresnoMLS #426125

Sold
$545,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Yosemite Unified

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$667,646
Asking price
$1,089,000
Closing costs (~8% of asking)
-$87,120
Est. remaining loan balance
-$334,234
Cash to seller
$667,646

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Newrez Llc

Loan start date

August 2023

Original loan amount

$337,691

Est. remaining balance

$334,234

Interest rate

6.96%

Loan type

New Conventional, 30 year

Seller

Debra Hanna

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 09/18/2024 at 6:45 PM

Listing updated: 08/13/2024 at 12:36 PM

Listed by: DEBRA HANNA, DEBRA HANNA BROKER Phone #: (909) 528-2512

MLS: CRMLS #EV24128496

CRMLS logo

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