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Investment signal

$259,900

12 Pinegrove Drive

Save this home

Beds

2

Baths

1

Sqft

Year

1977

Type

Single Family

Suite

Investment signal

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Paradise. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Welcome to 12 Pinegrove Drive located in Evergreen Village in Paradise, only moments walk from playgrounds, daycares, grocery stores and much more.This beautifully maintained mobile home offers so much more than meets the eye. Tucked away in a peaceful setting with mature trees and a walking trail just across the street, you’ll love how private and unlike a typical mobile home park this property feels. Step inside to a bright, spacious layout featuring a large living room and a stunning, fully updated kitchen with floor to ceiling cabinets, stainless steel appliances, and an abundance of storage. The home offers two generously sized bedrooms loads of closets throughout and has been freshly painted, creating a clean, modern feel. Recent upgrades include a brand new electrical panel and meter (2025), while the exterior has been well cared for with major updates completed approximately 10 years ago. Electric heat provides efficient comfort, and the existing prefab chimney remains intact for anyone wishing to reinstall a woodstove. Outside, enjoy a beautiful two-tier deck with quality fencing, perfect for relaxing or entertaining. The fully fenced yard offers privacy and includes a large shed with an overhead door, plus drive-in access if desired. Immaculate and move-in ready, this property delivers the affordability of a mobile home with the feel and lifestyle of something much more. Ideal for first-time buyers, downsizers, retirees, or as a smart investment opportunity. The purchaser is welcome to have a home inspection for their knowledge only, and a Property Condition Disclosure Statement is available upon request. As per the sellers’ direction, there will be no conveyance of any written signed offers prior to 10:00 AM on Tuesday, the 21st, and all offers are to remain open until 3:00 PM on Tuesday, the 21st. (id:65958)

Subtype
Single Family
Structure
Mobile Home
Common interest
Freehold
Living area
955 square feet
Lot dimensions
51 X 100
Bedrooms
2 above grade, 0 below grade
On market
Apr 17, 2026
Status changed
Apr 19, 2026
Annual tax
$1,700 (2026)
Zoning
Res
Photos
44
MLS#
1296232
Area
PARADISE

Features and systems

Appliances

RefrigeratorDishwasherStove

Heating

Baseboard heatersElectric

Exterior

Vinyl siding

Flooring

LaminateOther

Foundation

Block
Positive cash flow ~$228/mo at these assumptions

Cash on cash

5.25%

Cap rate

5.91%

GRM

11.4

Break-even rent

$1,661

Financing

Down payment$51,980
Loan amount$207,920
Mortgage$1,054/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$119
Insurance$80
Maintenance$217
CapEx reserve$108
Vacancy loss$95

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $1,054/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 19, 2026.

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