About This Home

This 0-bedroom, 0-bathroom residential multi family at 122 Pine Knoll Court in Portola, CA is listed for $895,000 ($358 per sqft). the home offers 2,500 sqft of living space on a 5.53 acres lot.

Key Features

  • 5.53 acre lot
  • Waterfront

Property Details

1 story

Amenities

WaterfrontA/C
Listing Description

Explore this rare opportunity to own a multi-family income producing acreage property with the possibility to add a 3rd residence. Residence A was built in 2024 with 2 bedrooms and 1 bath, while Residence B is 2 bedrooms and 2 baths, plus a 3rd separate detached bedroom suite.

There are limitless ways to utilize this beautiful property, situated perfectly on 5.53 level acres. Nestled among towering pines in the heart of Portola's scenic Lost Sierra, 122 Pine Knoll offers a combination of lifestyle, flexibility, and investment opportunity.

Featuring two separate homes down a private road, each with its own distinctive architectural style and charm, the property is perfectly suited for a variety of uses-from income-producing rentals to a multi-generational family retreat. Located just minutes from Chalet View Lodge, one of the region's most sought-after event venues, the property presents exceptional short-term rental potential.

Accommodate wedding guests, vacationers, outdoor enthusiasts, or enjoy a live-in investment strategy by residing in one home while generating income from the other through short-term or long-term rentals. For families and second-home buyers, the possibilities are equally appealing.

Create your own private vacation compound where multiple generations or families can gather together while enjoying the comfort and privacy of separate residences. With room to roam and easy access to golf, fishing, hiking, mountain biking, lakes, rivers throughout the Lost Sierra, this is a property designed for making memories.

Residence A is a newer build with a Mountain Modern vibe, featuring a great room with vaulted ceilings, plenty big enough to gather. High-end finishes, professional grade appliances, a richly stained butcher block island and two-toned cabinetry give this home an elegant but functional style.

Rounding out the 2 bedrooms and 1 beautifully appointed bathroom are 2 attached, but separate, 2 car garages for parking and storage for all your recreational toys. Residence B is an inviting, rustic cabin with a covered wrap around porch. From the vaulted wood ceiling to the wood burning stove, this home is full of woodsy quality built mountain charm.

Adding to the list of amenities is an enclosed loft (currently furnished with 3 twin beds) with a pull down ladder, a large outdoor storage shed and a 2nd shed that's been convenient for extra sleeping quarters, complete with heaters and ceiling fan. This space would be great for an art or exercise studio as well.

Residence B also features an ensuite bedroom, a secondary bedroom, full guest bath and ample storage for all your needs. Come experience a mountain lifestyle and explore the possibilities at 122 Pine Knoll Court.

Monthly Cost Estimate

$4,787/mo

20% down · 6.5% · 30 years

Principal$647
Interest$3,878
Insurance$261

Estimates only. Actual payments may vary.

Location

122 Pine Knoll Court

Portola, CA 96122

Features & Amenities

Interior Features

Stall ShowerTub ShowerVaulted Ceiling(s)Window TreatmentsLoftPantry

Exterior Features

PorchPatio

Property Details

Flooring

LaminateCarpetTile

Construction

Frame Wood Siding

Pool Features

PorchPatio

Heating

WoodForced AirWood Stove

Cooling

Central AirCeiling Fan(s)

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 122 Pine Knoll Court is listed at $895,000 ($358/sqft). The estimated monthly payment is $4,787 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 5.53 acre lot, Waterfront. Interior Features: Stall Shower, Tub Shower, Vaulted Ceiling(s). Exterior Features: Porch, Patio.

This property is listed by Kristi Ghent and can be reached at 9167591084.

KG

Kristi Ghent

Agent at REAL

(916) 759-1084

Listed by REAL · View on Broker Site

MLS# 2600683· Source: listhub· 8 days on market

Copyright © 2026 Plumas Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

122 Pine Knoll Court, Portola, CA 96122

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