4651 Eagle Peak Rd House Flip
Turning a $400K Purchase into a $1.3M Appraisal: My Latest Home Flip

Real estate flipping isn’t just about renovating a property — it’s about creating value and leveraging that value for future opportunities. My latest project is a perfect example of how the right property, the right upgrades, and the right financial strategy can produce impressive results.
📍 The Starting Point
I purchased this home for $400,000. It had solid bones but needed a complete transformation to meet today’s high-end buyer expectations.
🔨 The Renovation
Renovation costs totaled $260,000 — every dollar carefully spent on impactful improvements:
- Modernized kitchen with premium finishes
- Updated bathrooms with luxury fixtures
- Open floor plan adjustments
- New flooring, lighting, and paint throughout
- Enhanced curb appeal and landscaping
The result? A home that not only looks stunning but also offers long-term value to the future owner.
📈 The Appraisal
Post-renovation, the property appraised at $1,300,000 — an increase of over $640,000 from my total investment of $660,000. That’s the power of strategic flipping.
💰 The Financial Play
Instead of just selling right away, I took a strategic first step:
- Cashed out a portion of the equity from the property’s new value.
- Listed the home for $1.5M–$1.6M to capture the full market potential.
This approach allows me to keep rolling profits into more flips without waiting months for the sale to close — keeping the investment machine moving.
🚀 Why This Matters for Future Projects
Every successful flip creates momentum. The cash-out refinance gives me immediate capital to start on my next projects, while the potential sale locks in a significant profit. By continuously reinvesting, I can take on bigger, higher-value properties and multiply results over time.