Discover The Value

The total estimated value of this property ranges between $1.775M to $2.350M million, based on the combined worth of the home, shop, and land:

• The primary residence, a thoughtfully updated 4-bedroom home with over 2,600 sq ft of living space and resort-style amenities, is valued between $1.0M and $1.2M, according to Redfin, Zillow, and Realtor.com.
   
• The 10,000 sq ft commercial-grade steel shop, with approximately 5,000 sq ft of finished interior space, represents an additional $500K–$800K in value, based on replacement cost estimates of $50–$80 per sq ft.
   
• The nearly 11-acre parcel itself adds $275K–$350K in land value, given its RA-1.5 zoning, usable topography, and existing infrastructure, which includes a private well, septic, propane, upgraded electric, and RV hookups.
   

Altogether, this property offers a potential combined asset value between $1.775M and $2.4M, with future upside from ADU development, RV income, shop rental, or potential lot subdivision.

• EstimateTotal Gross Income: $410,400/year

• Net Operating Income (NOI): $307,800/year

• Operating Expenses: (25%)$102,600/year

• Cap Rate (at List Price): 16.83%  

Income Stream Annual Est.

• STR – Main Residence: $120,000

• STR - Future ADU:$42,000

• RV Pad Rentals (2 pads): $14,400

• Commercial Shop Rental: $36,000

• Converted Guest Units in Shop (2): $84,000

• Event Rentals (8/month @ $750/day): $72,000

• Agricultural or Pasture Lease: $12,000

• Glamping / Tent Rentals (2 units): $30,000

• Total Potential Annual Income: $410,400  

• Proven STR income of $170K+ in 2023

• Multi-use income property with residential, hospitality, and commercial potential

• Zoning supports expansion, livestock, events, ADUs, or lot splits

• Below replacement cost when accounting for land, structures, and infrastructure

• Cap rate of 16.83% at current list price—a rare yield in California

• Estimate Gross STR Income (Main Home): $120,000/year

• Operating Expenses (25%): $30,000/year

• Net Operating Income (NOI): $90,000/year

• Proven STR performance: $170K+ in 2023 gross income

• $120K used here is a conservative average baseline

• Resort-style amenities (pool, grotto) support strong nightly rates

• Marketable as a luxury family or group stay near Auburn, Tahoe corridor

• High-end finishes, open layout, and privacy are ideal for premium STR pricing
   

• ADU development for added STR income

• Shop conversion or rental

• RV pads, event hosting, and glamping

• Combined cap rate with all streams exceeds 16.8%