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Income-Producing Mountain Retreat Near YosemiteTucked among the towering pines of the Sierra Nevada, in the desired Sugar Pine neighborhood, this turnkey two-unit mountain retreat offers the perfect blend of peaceful living and exceptional investment potential. Just minutes from Yosemite National Park, Bass Lake, and the scenic Lewis Creek Trail, this property is ideally positioned for your perfect vacation home and sought-after vacation rental income. The Sugar Pine neighborhood is full of history & style as it originated as a logging camp in the 1920's for the Sugar Pine Lumber Company. Today many of the approximately 47 cabins serve as quiet full time residences or popular vacation rentals. Local homeowners have access to the private Sugar Pine pond.At approximately 4,200 feet in elevation, the upper-level cabin welcomes you with warm mountain character, stunning forest views, two comfortable bedrooms, a full bathroom, a well-equipped kitchen, and an expansive covered deckthe perfect place to enjoy crisp mountain mornings, breathtaking sunsets, and star-filled evenings.The lower level features a private studio suite complete with a queen bed, full bathroom, microwave, and refrigerator, creating an ideal space for guests, extended family, or a second income-producing rental. A newly constructed oversized reinforced deck offers the opportunity to add a hot tub, providing an amenity that could further enhance guest appeal and rental revenue.Whether you're looking to maximize income by renting both units, live in one while generating income from the other, or simply own a private mountain getaway with built-in earning potential, this property offers the flexibility today's buyers are searching for.With its tranquil setting, proven short-term rental possibilities, and unbeatable proximity to Yosemite, Bass Lake, and endless outdoor recreation, this is more than a home, it's an opportunity to invest in the mountain lifestyle while creating lasting memories for yourself and your guests.

  • Bedrooms
    3
  • Year Built
    1925
  • Stories
    2.0
  • Architectural Style
    Cabin
  • Construction Materials
    Wood Siding
  • Parking Features
    Open
  • Living Area
    1166.0
  • Appliances
    Refrigerator
  • Patio And Porch
    Covered
  • Cooling
    Wall/Window Unit(s)
  • Basement
    Unfinished

  • Acres
    0.14
  • Lot Features
    Other
  • Water
    Public

  • Area
    644
  • County
    Madera
  • City
    Oakhurst
  • Zip Code
    93644
  • High School
    Yosemite
  • Middle School
    Oak Creek
  • Elementary School
    Oakhurst

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Frequently Asked Questions

How do I schedule a tour of 49988 Locust Rd?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 49988 Locust Rd.

They know residentials in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 49988 Locust Rd?

Click Ask a Question to talk with our team. You already know it is a 3 bed, N/A bath, listed for $350,000. We can talk through recent upgrades, potential seller motivation, how this single family residence compares to others in Oakhurst, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 49988 Locust Rd?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 49988 Locust Rd at around $1,992. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 49988 Locust Rd?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Madera County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 49988 Locust Rd?

In most cases, yes. Whether 49988 Locust Rd is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Oakhurst's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 49988 Locust Rd?

We can handle that for you. Our preferred local agent specializes in residentials in Oakhurst and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $350,000 with 1,166 sqft of space—that comes out to approximately $300 per square foot.

How long has this property been on the market?

49988 Locust Rd was listed on July 10, 2026, which means it's been on the market for 122 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 1925, making it approximately 101 years old.

What is the lot size of this property?

49988 Locust Rd sits on a 0.14-acre lot, which is 6,098 square feet.

What schools are assigned to this property?

Based on MLS info, this home is zoned for:

  • Elementary: Oakhurst
  • Middle: Oak Creek
  • High: Yosemite

Want to see how these schools compare? Check out our Madera County School Guide to see ratings, reviews, and more for the schools in the area.

Is there an HOA fee for this property, and what does it cover?

This home has an HOA fee of $1,200 paid annually.

Is 49988 Locust Rd still available for sale?

This home is pending sale, which means the seller has accepted an offer. You can favorite it to track status or ask our expert to help you find similar homes in this area. We'll also let you know if this property comes back on the market.

Source: ez Home Search, MLS Data

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Based on information from the Humboldt Association of REALTORS®. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be verified by broker for accuracy. Properties may or may not be listed by the office/agent presenting the information. Copyright ©2026 Humboldt Association of REALTORS®. All Rights Reserved.

Last Updated: November 09, 2026 at 03:02PM | Source: Fresno MLS | MLS#: 651673