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7899 Forest dr 4 Unit Apartment Building Offered at $5,448,640 CAD at a 7.50% Cap Rate Wawona, CA 95389



Investment Highlights
- Incredible location uniquely located within Yosemite National Park
- Rare waterfront property, swimming hole and fishing just yards away
- Outstanding views of Wawona Dome
Executive Summary
Uniquely located in Yosemite National Park, The Grandview Estate is located in the community of Wawona three miles from the Giant Redwood Forest with an unobstructed view of the granite monolith called the Wawona Dome, and sits on the bank of the South Fork of the Merced River. The Estate features an acre parcel, a two story 3,707 Sq Ft. three bedroom 3.5 custom built home, that can accomodate up to 8 people, with potential $1500- nightly rent, an attached garage with a 472 Sq Ft. ADU, and two remodeled 300+/- Ft. rustic cabins. In front of the house is a deep swimming hole, the preferred river location for sun bathing, swimming, and fishing during the summer months. French doors from the Great Room, Dining Room and Master Bedroom lead to the quartzite deck and the river. The entire downstairs is floored in hydronic heated quartzite stone. The house is designed to see nature out of every window, with Forest, River and Wawona Dome views. Home accents include heavy wooden beams in the dining room and fireplace mantel, a complete gourmet kitchen with a commercial style Wolf Range, and a separate chefs walk-in pantry. It is impossible to describe the magical feeling that simply being in Grandview engenders. Wawona is a dark sky community. Star light, crickets and the soft sounds of the river always assure a good nights sleep. The property is uniquely located within the Yosemite National Park, which is a must sought after feature for guests looking to visit the Park. The property is located just a few minutes drive to the Yosemite Valley and the Village within the park. Most of the furniture, art and decor are included in the sale.
Financial Summary (Pro Forma - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
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-
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| Other Income |
-
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-
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| Vacancy Loss |
-
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-
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| Effective Gross Income |
-
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-
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| Net Operating Income |
$99,999
|
$9.99
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Financial Summary (Pro Forma - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Amenities
Site Amenities
- Gated
- Furnished Units Available
- Guest Apartment
- Gas Range
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+3.5 | 1 | $2,724 CAD | 3,738 |
| 1+1 | 3 | $476.76 CAD | 300 - 472 |
1 1
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 010-220-0070 | Improvements Assessment | $26,193 CAD |
| Land Assessment | $200,637 CAD | Total Assessment | $226,830 CAD |
Property Taxes
Parcel Number
010-220-0070
Land Assessment
$200,637 CAD
Improvements Assessment
$26,193 CAD
Total Assessment
$226,830 CAD
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Presented by
Carmel By The Sea Realty
7899 Forest dr
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