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About This Home
This 4-bedroom, 2-bathroom single family at 5823 Highway 147 in Lake Almanor, CA is listed for $1,800,000 ($878 per sqft). Built in 1978, the home offers 2,050 sqft of living space on a 0.34 acres lot.
Shared ownership, VRBO. Sandy beaches, sweeping Mt. Lassen views, and nearly level lake access define this rare East-Shore Lake Almanor offering. This premier waterfront estate delivers the ultimate in lifestyle and investment appeal, featuring your very own private boat ramp,(one of very few on the lake) plus a dock, and 2 buoys-an extraordinary convenience (!) plus being just a few steps from the backyard to the water!
Mornings enjoying the mirror glass calm water over a cup of coffee from the patio will be a favorite activity for all. Evenings will be effortlessly enjoyed with starlit gatherings around the fire pit, while days are filled with boating, Kayaking (Kayak Included), Paddle Boating (1 included), swimming, fishing and relaxed lakeside living.
The 4-bedroom, 2-bath residence is designed to host with ease, accommodating large gatherings of family, friends, or guests-sleeping up to 12 comfortably (though owners have had up to 16 at times!). The Sunroom provides passive solar heating in the winter and a wonderful lakeside dining area year-round.
The "bunk room" is a favorite with kids and grandkids alike. A substantial two-story detached garage (25X25) with 220-volt electric, provides generous storage for watercraft and recreational gear, with a full 625 sq. ft. upper-level ideal for a private office, game lounge, studio, or additional guest retreat.
The property has a proven history of strong VRBO performance, offering immediate income potential. Additional amenities include no HOA fees, a private water well, RV parking with electrical hookup, and expansive on-site parking. Additionally, this property is being offered as a Tenant in Common ownership with a partnership that gives each of the two owners an "undivided interest" in the land.
There are two residences on a shared lot-each with its own well and septic and electric meter. This offering is the sale of the larger home/detached garage and outbuildings. Sale will be contingent on new buyers agreeing to being a party to the partnership agreement.
Located in Plumas County's most coveted lakefront enclave this property is situated so that there are no additional buildable lots to the South and is just 2 miles from Hamilton Branch and only 2.5 hours from Reno, 1 hour from Chico, and 3 hours from Sacramento. This is a perfect time to secure an east-shore Lake Almanor legacy property. Homes on this type of near level, sandy beach lot are seldom available-make 2026 the year you change your lifestyle and investment portfolio.
Key Features
- Built in 1978
- 0.34 acre lot
- 2 stories
- Fireplace
- Waterfront
Property Details
Amenities
Monthly Cost Estimate
$9,627/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
5823 Highway 147
Lake Almanor, CA 96137-0000
Indian Hills No.1
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Views
Pool Features
Parking
Heating
Cooling
Appliances
Questions & Answers
This 4-bedroom, 2-bathroom single family at 5823 Highway 147 is listed at $1,800,000 ($878/sqft). The estimated monthly payment is $7,800 based on 20% down at 6.5% interest.
Key features include: Built in 1978, 0.34 acre lot, 2 stories, Fireplace, Waterfront. Interior Features: High Ceilings, Tub Shower, Window Treatments. Exterior Features: Deck, Gas Grill, Lighting.
This property is listed by Marilyn Lee Ballard and can be reached at 5302586888 or lakealmanorlee@gmail.com.
