49988 Locust Rd, Oakhurst, CA, 93644
About This Home
Investment Opportunity + Mountain Escape All in OneTurnkey 2-unit short-term rental property nestled in the peaceful Sierra Nevada mountains, just minutes from Yosemite National Park, Bass Lake, and Lewis Creek trailheads. Whether you're looking for an income-producing Airbnb, a vacation retreat, or a flexible multi-use property, this one delivers endless possibilities.Perched at approximately 4,450 ft elevation, the upstairs cabin features breathtaking mountain views, 2 bedrooms, 1 bathroom, a full kitchen, and a spacious covered deck where you can relax and enjoy cool summer evenings surrounded by nature. The warm cabin charm and serene setting make it the perfect getaway guests will want to return to again and again.Downstairs offers a separate private studio unit complete with a queen bed, private bathroom, microwave, and refrigerator ideal for guests, extended family, or additional rental income. The newly built oversized reinforced deck was designed with the possibility of adding a hot tub, creating even more value and guest appeal.Live in one unit and rent the other, rent both for maximum income potential, or keep one as your own private mountain escape while the other helps pay the mortgage.Properties with this kind of flexibility, privacy, and proximity to Yosemite are becoming harder to find. Whether you're an investor or simply dreaming of owning a peaceful retreat in the mountains, this is an opportunity worth seeing.
Getting Around
Car-Dependent
Very Limited Transit
Not Bike FriendlySchools
Construction
Condition
- Year built: 1925
Materials
- Foundation: Wood Subfloor
- Roof: Metal
- Construction materials: Wood Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Cabin
- Property subType: Residential,Single Family Residence,Cabin
Interior
Appliances
- Appliances included: Electric Appliances,Refrigerator
- Laundry features: Upper Level
Basement
- Area: 0
Basement
- Has basement: Yes
- Basement: Unfinished
Bathroom
- Features: Shower
Bedroom1
- Area: 0
Bedroom2
- Area: 0
Bedroom3
- Area: 0
Bedroom4
- Area: 0
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
Dining Room
- Area: 0
Family Room
- Area: 0
Features
- Isolated Bedroom
- Number of fireplaces: 1
- Fireplace: Yes
Heating & Cooling
- Heating features: Floor or Wall Unit
- Cooling features: Wall/Window Unit(s)
Interior Area
- Total structure area: 1,166
- Total interior livable area: 1,166 sqft
Kitchen
- Area: 0
Living Room
- Area: 0
Master Bedroom
- Area: 0
Property
Details
- Parcel number: 057070016000
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered,Uncovered
Lot
- Lot size: 6,098 sqft
- Features: Mountain,Other,Mature Landscape
Parking
- Parking features: Open
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Inland Flooding
- Wildfire
- Winter Weather
- Heat Wave
- Landslide
- Lightning
- Earthquake
How This Home’s Risks Compare
FEMA Declared Disasters in Madera County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,769 | $21,228 |
| Home Insurance * | $225 | $2,700 |
| Property Taxes | $307 | $3,684 |
| Electricity | $398 | $4,786 |
| Total | $2,699 | $32,388 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-02 | Price change | $350,000 |
| 2026-04-06 | Price change | $380,000 |
| 2026-01-26 | Price change | $395,000 |
| 2025-12-03 | Price change | $410,000 |
| 2025-10-24 | Price change | $415,000 |
| 2025-09-28 | Listed for sale | $425,000 |
| 2025-09-19 | Contingent | $450,000 |
| 2025-09-15 | Pending sale | $450,000 |
| 2025-07-05 | Listed for sale | $450,000 |
| 2020-02-10 | Sold | $202,000 |
| 2006-11-01 | Sold | $160,000 |
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