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18390 Fair Oaks Drive

Penn Valley, CA 95946
  • $535,000
  • STATUS: Active
  • ON SITE: 8 Days
  • MLS #: 223021624
UPDATED: 23 min ago
$535,000
  • 3
    BEDS
  • 0.2
    ACRES
  • 2
    BATHS
  • 1
    1/2 BATHS
  • 2,057
    SQFT
  • $260
    $/SQFT
Type:
Single-Family Home
Built:
1994
County:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

This stunningly remodeled home boasts breathtaking mountain views and is situated in the highly coveted Lake Wildwood Private Golf Community. This community offers a private 300-acre lake, perfect for water activities such as sailing, water skiing, wakeboarding, pontoon boating, kayaking, and fishing. The multi-level home features two incredible balconies and ample storage throughout. Located in a peaceful and private setting, this property is conveniently situated just an hour away from Lake Tahoe (home to ski resorts and casinos) and Sacramento International Airport. Nearby Grass Valley and Nevada City are historic tourist destinations with an array of interesting shops, restaurants, inns, and local wineries that offer daily tours and tastings. The property is also surrounded by California's most beautiful state parks, hiking trails, and local lakes. Currently generating a monthly rental income of $3,500, this home is an excellent investment opportunityThe property can be bought individually or as part of a package deal along with other listings in the portfolio. The sellers are willing to offer a discount for the purchase of the entire portfolio.With a net operating income of $412,668, the cap rate for this property is impressive.MLS #s included 223020910,223020935,223020889

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Metrolist MLS logo © 2023 MetroList® MLS. All rights reserved. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data last updated 2023-03-26T10:39:07.55. MetroList® MLS Terms of Use. IDX provided by BoomTown.
www.3steprealtygroup.com/homes/137800227
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18390 Fair Oaks Drive Penn Valley, CA 95946

  • Price: $535,000
  • Status: Active
  • On Site: 8 Days
  • Updated: 23 min ago
  • MLS #: 223021624
3
Beds
2
Baths
1
½ Baths
0.2
Acres
2,057
SQFT
$260
$/SQFT
1994
Built
Neighborhood:
Lake Wildwood Subdivision
County:
Nevada
Area:
Lake Wildwood Subdivision
Elementary School:
Pleasant Valley
Middle School:
Pleasant Valley
High School:
Nevada Joint Union
School District:
Nevada
Property Description
This stunningly remodeled home boasts breathtaking mountain views and is situated in the highly coveted Lake Wildwood Private Golf Community. This community offers a private 300-acre lake, perfect for water activities such as sailing, water skiing, wakeboarding, pontoon boating, kayaking, and fishing. The multi-level home features two incredible balconies and ample storage throughout. Located in a peaceful and private setting, this property is conveniently situated just an hour away from Lake Tahoe (home to ski resorts and casinos) and Sacramento International Airport. Nearby Grass Valley and Nevada City are historic tourist destinations with an array of interesting shops, restaurants, inns, and local wineries that offer daily tours and tastings. The property is also surrounded by California's most beautiful state parks, hiking trails, and local lakes. Currently generating a monthly rental income of $3,500, this home is an excellent investment opportunityThe property can be bought individually or as part of a package deal along with other listings in the portfolio. The sellers are willing to offer a discount for the purchase of the entire portfolio.With a net operating income of $412,668, the cap rate for this property is impressive.MLS #s included 223020910,223020935,223020889
Exterior Features

Carport Spaces 0.00 Construction Materials Wood Entry Level 0 Foundation Pillar/Post/PierOther Lot Features OtherLow Maintenance Open Parking Spaces 0.00 Parking Features Garage Facing Front Parking Fee 0 Roof Composition Total Parking Spaces 0.00

Interior Features

Bath Features Double Sinks Cooling Central Dining Room Features Breakfast NookFormal Room Fireplace Features Other Flooring LaminateTile Heating Central Kitchen Features Breakfast AreaStone Counter Laundry Features Cabinets Main Level Bedroom(S) Num Of Fireplaces 1

Property Features

Additional Unit YN No Association Yes Association Features Other Association Fee 249 Association Fee Frequency Monthly Association Fee Includes SecurityOther Electric 220 Volts Elevation 0 Horse Property No Irrigation Public District Pool No Property Subtype Single Family Residence Property Type Residential Remodeled Updated Yes Remodeled Updated Desc Bath 0-5YrKitchen 0-5Yr Senior Community No Sewer Public Sewer Special Listing Conditions None Subtype Description DetachedSemi-Custom Utilities Public Water Source Public Zoning Residential

Metrolist MLS logo Listing provided courtesy of Big Block Realty North: . Listing information © 2023 MetroList Services, Inc.


Metrolist MLS logo © 2023 MetroList® MLS. All rights reserved. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data last updated 2023-03-26T10:39:07.55. MetroList® MLS Terms of Use. IDX provided by BoomTown.
 
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3 Step Realty Group
15 W 8th Street, Suite A
Tracy CA, 95376