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    49988 Locust Rd Oakhurst, CA 93644

    For Sale
    $415,000

    Turnkey two-unit short-term rental property in the Sierra Nevada mountains.

    Lot size:
    0.14 Acres

    Property Features for 49988 Locust Rd

    General Information

    Lot size
    0.14 Acres

    Building Details

    Year built
    1925

    Source: Realty Concepts, Ltd. Agent Chris Regert

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Sierra Nevada Cabin Rental Property

    This turnkey two-unit property presents an opportunity for investors or those seeking a residence with rental income potential. Located in the Sierra Nevada mountains, the property is near Yosemite National Park, Bass Lake, and Lewis Creek trailheads. The upstairs unit, situated at an elevation of 4450 feet, features mountain views, two bedrooms, one bathroom, a full kitchen, and a covered deck. The downstairs unit is a studio with a queen bed, a private bathroom, a microwave, and a refrigerator. It also includes a new, large, private, reinforced deck. The property can be used as a short-term rental. Options include living in the upstairs unit and renting out the downstairs unit, or renting out the upstairs unit full time and using the downstairs unit as a vacation hideaway.
    Location Intelligence

    Current Use by Public Records

    Chiela’s Sugar Pine ... Cabin Rental Agency

    Suggested Use

    Realty agency Hotel & Motel Bed & Breakfast Travel Agency

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Oakhurst
    County
    Madera
    State
    California
    Longitude
    -119.6329848
    Latitude
    37.4396578

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    FAQs

    What type of property is this?
    Short term rental property - Turnkey two-unit short-term rental property in the Sierra Nevada mountains.
    Where is this short term rental property located?
    The property is located at 49988 Locust Rd Oakhurst, CA.
    What is the asking price?
    The asking price for this property is $415,000.
    What are key features of this property?
    This property features: - Turnkey 2-unit short-term rental property.; - Located in the Sierra Nevada mountains near Yosemite, Bass Lake, and Lewis Creek trail heads.; - Upstairs unit: **2 bedrooms, 1 bathroom, full kitchen, covered deck with mountain views.**
    (559) 760-4916
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    Oakhurst, CA 93644
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    49988 Locust Rd Oakhurst, CA 93644
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