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New 2-Bedroom Single-Family Home

27162 State Highway 189 Blue Jay, CA 92317

27162 State Highway 189, Blue Jay, CA, 92317
$499,000
For Sale
$499,000

COMMERCIAL - Other - Blue Jay, CA

Property Size1,626 SF
Lot Size0.16 Acres
Price / SF$306.89
Days on Market184

Property Features for 27162 State Highway 189

General Information

Property type
Commercial Sale
Property subtype
Other
Bedrooms
2
Bathrooms
2
Rooms
Bedroom 1, Living Room, Laundry Room, Bedroom 2, Bathroom 2, Bathroom 1
Parking
5
Parking features
Driveway, Garage
Patio and Porch features
Deck
Interior features
High Ceilings, Living Room Deck Attached
Fireplace
1
Appliances
Refrigerator, Gas Range, Gas Oven
Standard status
Active
APN
0335331110000
Size
1,626 SF
Lot size
0.16 Acres

Utilities

Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Central Air
Water source
Public

Building Details

Year built
2025
Floors in Building
1
Number of units
1
Roof type
Composition
Architectural style
Other
Listing agency COLDWELL BANKER SKY RIDGE REALTY
Listed by Steven Keefe · License #01085197
Added: Jan 19 Updated: Jul 21 at 4:18AM Checked: Jul 22 at 10:06AM
MLS# IG26012883

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

Completed May 25, 2025, this never-occupied new construction single-family home sits on a quiet knoll and is positioned between two neighboring homes. The interior features 2 bedrooms with an open floor plan anchored by a chef’s bar and a long black granite counter with seating. The dining area accommodates a table for eight and flows into the living room with vaulted, beamed ceilings, hardwood floors, and a stone-mantled fireplace.

A generous entertaining deck extends from the main living area, taking advantage of the elevated setting. The home includes new, never-used appliances, a custom bath, and a level entry. Parking is supported by a deep attached garage, two additional parking spaces, and a convenient bathroom in the garage.

Owner may carry. Access includes quick routes to Hwy 18, with shopping and dining an easy walk away.

Key Highlights

  • Never‑occupied new construction completed May 25, 2025 with 2 bedrooms and an open floor plan
  • Vaulted, beamed ceilings with hardwood floors plus a stone‑mantled fireplace
  • Chef’s bar with long black granite counter with seating and dining area sized for a table for eight

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $27.9k $17.16
− Vacancy −$1.7k −$1.06
EGI $26.2k $16.10
− OpEx −$11.8k −$7.24
NOI $14.4k $8.85
1,626 SF · lease $17.16/SF/yr · vacancy 6.20% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$205.6K
$179.9K – $239.9K (±1% cap)
NOI $14,395 @ 7.0% cap · market cap 2.88%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$343.0K
$300.1K – $400.2K (±1% cap)
NOI $24,009 @ 7.0% cap · market cap 4.81%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Single family properties

FAQs

What type of property is this?
Single family property - Never-occupied new construction with level entry, deep attached garage, and an entertainer’s deck.
Where is this single family property located?
The property is located at 27162 State Highway 189 Blue Jay, CA.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Never‑occupied new construction completed May 25, 2025 with 2 bedrooms and an open floor plan; Vaulted, beamed ceilings with hardwood floors plus a stone‑mantled fireplace; Chef’s bar with long black granite counter with seating and dining area sized for a table for eight
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