An investment play, not just a sale.
33206 Barber Rd is a custom 2018 equestrian estate in Agua Dulce, spread across roughly two acres of horse country. Nearly 7,000 square feet of Spanish-inspired living opens to resort-style grounds: a heated pool and spa with a signature water feature, event lawns, covered pavilions, a guest house, and stables, all built to host at scale.
The real opportunity here was underwriting, not just square footage. We worked with the owner to reposition the estate as a premier short-term rental and event venue. Today it grosses roughly $400,000 a year and produces about $340,000 in net operating income, which at the sale price pencils to a 9.44% cap rate. That performance reframed the property from a large home into a producing asset an investor could underwrite.
When it came time to sell, Alonso Real Estate Group took it to market as an income-producing investment, priced on its numbers and marketed to buyers who value cash flow, and closed at $3,600,000. Proof that the right repositioning before a sale can be worth far more than the sale itself.
