$1,750,000
SOLD JUN 6, 2025

24 Grainger Ln Bonny Doon, CA 95060

9 Beds
16 Baths
5,360 Sq Ft
4.2 Acres

Recently Sold

$326 Per Sq Ft

3% Below List Price

12 Days on Market

Highlights

  • Private Pool
  • 4.2 Acre Lot
  • Ceiling Fan
  • Bonny Doon Elementary School Rated A
  • Fireplace

About This Home

As of June 2025

Come to a place where the sunshine meets the treetops and you can finally catch a chance for the ultimate exhale. 24 Grainger Lane is a long loved family owned property that has unending potential. Multiple homes adorned with a swimming pool and 4.25 flat acres for a total of eight living spaces laid out over three different structures for ultimate privacy. This property is at the end of a sunny lane and the old oak tree just seems to fit into the landscape asking you to venture a climb or even dream of a tree house. Come and dream on this property and make it your own.

Last Agent to Sell the Property

Liz Foster

David Lyng Real Estate License #02085980 Listed on: 04/28/2025

David Lyng Real Estate

Last Buyer's Agent

Troy Hinds

David Lyng Real Estate License #01803325

David Lyng Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • 1944

Home Design

  • Slab Foundation
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 5,360 Sq Ft Home
  • Ceiling Fan
  • Fireplace

Parking

  • 10 Parking Spaces
  • Uncovered Parking

Utilities

  • Wall Furnace
  • Propane
  • Individual Gas Meter
  • Well
  • Septic Tank

Additional Features

  • Private Pool
  • 4.2 Acre Lot
  • Horses Potentially Allowed on Property

Listing and Financial Details

  • Total Actual Rent $165,600

Community Details

Overview

  • 5,360 Sq Ft Building

Building Details

  • 7 Leased Units
  • Gardener Expense $249
  • Insurance Expense $5,017
  • Maintenance Expense $4,146
  • Other Expense $7,511
  • Utility Expense $6,314
  • Operating Expense $34,648
  • Gross Income $165,600

Property Details

Home Type

Multi-Family

Year Built

1944

Lot Details

0

Listing Details

  • Zoning: PR
  • Subclass: Multiple Dwellings / Structures
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 5360
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1944

Interior Features

  • Living Sq Ft: 5360

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Yes
  • Roof: Composition, Shingle
  • Horse Property: Possible
  • Pool: Pool - Fenced

Garage/Parking

  • Parking Spaces: 10
  • Garage Parking Features: Uncovered Parking

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Fireplace, Wall Furnace
  • Sewer/Septic System: Septic Standard

Lot Info

  • Lot Acres: 4.2010
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 182995.56
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 182995.56

Rental Info

  • Existing Lease Term(s): Lease Agreement - Written
  • Gross Rent Multiplier: 10.84
  • Number Of Leased: 7

Multi Family

  • Utilities: Individual Gas Meters, Propane On Site
  • Expense Insurance: 5017
  • Expense Landscape: 249
  • Expense Maintenance: 4146
  • Expenses Other: 7511
  • Expenses Total: 34648
  • Expenses Utility: 6314
  • Income Annual Gross: 165600.00
  • Income Annual Rental: 165600
  • Income Gross Scheduled: 165600
  • Income Includes: Rents
  • Meters: Separate Other
  • Number Of Buildings: 3
  • Operating Expenses Include: Equipment - Purchase, Insurance, Maintenance, Maintenance - Pool/Spa, Maintenance - Repair, Utilities, Vacancy Factor

Range of Values:

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Value Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/06/2025 06/06/25 Sold $1,750,000 -2.5% $326 / Sq Ft
05/11/2025 05/11/25 Pending -- -- --
04/28/2025 04/28/25 For Sale $1,795,000 -- $335 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML82004550

MLSListings

APN: 080-174-06-000