40866 Hodges Hill DR Oakhurst, CA 93644
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,860 sqft
Price per Sqft $236
MLS Listing ID FR25096201
Bedrooms 4
Full Baths 3
Half Baths 1
HOA Y/N No
Year Built 1980
Lot Size 2.850 Acres
Property Sub-Type Single Family Residence
Property Description
Dreaming of a mountain retreat that helps fund your lifestyle? This fully furnished Oakhurst gem is just 15 miles from Yosemite and 7 miles to Bass Lake and it's already a proven income earner, averaging $98.5K/year in annual gross nightly rent (or $123k if you include cleaning fees) over the past two years.
With 2,860 sq ft 4 bed 3.5 bath of total living space, the layout includes:
A 2 bed, 2 bath main home (1,968 sq ft)
A daylighted 320 sq ft finished basement (bonus bed + half bath, shower & vanity, no toilet)
A 600 sq ft detached guest studio with its own bed & bath
A 550 sq ft detached shop-turned-game room
* Fiberglass pool and hot-tub.
Brand new, ground mounted, owned solar with a 10 yr loan with $750 monthly payment. Solar system not in pictures, but is installed in flat area in front of garage. Also generator with auto start if the power goes out.
The property comes fully furnished, and with $30,000 IN FUTURE SUMMER BOOKINGS if you choose to stay with the current management company - making this an easy, income-producing start for first-time investors.
The homes are a little worn and dated so there's PLENTY OF ROOM TO ADD VALUE and make it your own.
Whether you're seeking your first investment, a vacation property that offsets costs, or a creative retreat with earning potential, this is your launchpad.
Opportunities like this, in a location like this, don't come often.
Location
State CA
County Madera
Area Yg10 - Oakhurst
Zoning RMS
Rooms
Main Level Bedrooms 2
Interior
Cooling Ductless, Wall/Window Unit(s)
Fireplaces Type Family Room, Guest Accommodations, Pellet Stove, Propane
Inclusions All furniture
Fireplace Yes
Laundry Inside
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool Fenced, Fiberglass, In Ground, Private
Community Features Mountainous, Rural
View Y/N Yes
View Meadow, Mountain(s)
Attached Garage Yes
Total Parking Spaces 8
Private Pool Yes
Building
Lot Description Rolling Slope
Dwelling Type House
Story 3
Entry Level Three Or More
Sewer Septic Tank
Water Public
Level or Stories Three Or More
New Construction No
Schools
School District Bass Lake Joint Union
Others
Senior Community No
Tax ID 064041014
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard
Lease Land No
