40866 Hodges Hill Drive Oakhurst, CA 93644
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 2,860 sqft
Price per Sqft $236
MLS Listing ID FR25096201
Style Detached
Bedrooms 4
Full Baths 3
Half Baths 1
HOA Y/N No
Year Built 1980
Lot Size 2.850 Acres
Acres 2.85
Property Sub-Type Detached
Property Description
Own a Yosemite Getaway That Pays You Back! 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 Oakhurst (93644)
Zoning RMS
Interior
Cooling Wall/Window
Fireplaces Type FP in Family Room, Guest House, Pellet Stove, Propane
Laundry Inside
Exterior
Garage Spaces 2.0
Pool Below Ground, Private, Fenced
View Mountains/Hills, Meadow
Total Parking Spaces 8
Building
Story 3
Lot Size Range 2+ to 4 AC
Sewer Conventional Septic
Water Public
Level or Stories 3 Story
Others
Monthly Total Fees $24
Miscellaneous Mountainous,Rural
Acceptable Financing Cash To New Loan
Listing Terms Cash To New Loan
Special Listing Condition Standard
