40866 Hodges Hill Drive, Oakhurst, CA 93644

4 beds 4 baths 124,146 sq.ft.

Offerered at: $625,000.00

County: Madera
Year Built: 1980
Association Fees: $0.00/mo.

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.

ESSENTIAL INFO

  • Status: Active
  • School District: Bass Lake Joint Union