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Sold for $875,000
  • Tax assessed value
    $875,000

    408 Red Sky, Portola, CA 96122

    4beds
    2,531sqft
    Single Family Residence
    Built in 2003
    1.54 Acres Lot
    $853,700 Zestimate®
    $346/sqft
    $2,900 Estimated rent

    Home value

    $853,700

    $794,000 - $922,000

    $2,900/mo

    Zestimate® history
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    What's special

    Introducing 408 Red Sky, an unforgettable luxury 4 bedroom, 3 bathroom custom home situated on over 1.5 private acres. This single level custom mountain cabin is truly unique, and it won't last long. It is an ideal vacation home, generating income while you are away, or a move-in ready full time residence. Enjoy stunning views of the 16th hole of the Dragon, Nakoma’s 18 hole championship golf course. Enter the gates of the resort community and marvel at the idyllic blend of quiet serenity and modern upscale amenities! Known by guests as The Luxe Lodge, this extraordinary 5 star property is one of the most lucrative vacation rental homes in Nakoma. Grossing over $101k in rental revenue in 2023, it is a favorite among visitors looking for the best this area has to offer. A private driveway leads you up to the custom estate, surrounded by forest and the wonders of nature. The home is thoughtfully designed with comfort and enjoyment in mind. It is perfect for family gatherings or couples, with a large great room, and many private areas to retreat to throughout. The spectacular grand entrance welcomes you into an oversized living area, filled with natural light, impressive high ceilings, exposed wood beams, and 20 foot river rock fireplace. A fully equipped chef’s kitchen, dining area, island and bar top both with bar stools, and additional breakfast nook provide ample seating for everyone to gather round for delicious meals and quality time. The great room has French doors leading out to a serene courtyard with cozy seating to enjoy a quiet morning coffee or relaxing evening views. The sliding door near the master leads out to the expansive wrap around deck, overlooking the golf course and endless forest landscape! Enjoy a family barbecue or stargaze from the brand new jacuzzi. Breathe in the fresh mountain air and take it all in… It doesn’t get much better than this! The grand master suite boasts a new king bed, new carpet, and breathtaking forest views all around, with a spacious walk in closet. Pull down shades allow the option to watch the sun rise, or sleep in late and hide away. An oversized jetted tub for two and steam shower complete the space offering total relaxation and privacy from the rest of the home. 2 additional bedrooms have new carpet, new furnishings, sensational forest and fairway views, and ample closet space. The King studio suite has a kitchenette with full size fridge and en suite bathroom with walk in shower. There is also a bonus loft above the garage with a poker table, futon, tv, and beanbag chairs. Purchase includes exclusive membership to Altitude recreation center (a $20k value). The facility provides 12,000 sq. feet of world class amenities! With an on site restaurant and bar, your favorite sports on TV, an Olympic size swimming pool (heated year round!), steaming jacuzzi surrounded by gorgeous, towering pines, an indoor rock climbing wall and 1/2 basketball court, fitness center with private loft for yoga, children’s play room with toys, books, and games, teen room with billiards, foosball, smart TVs, computers, and Middle Fork bar & bistro - PLUS a private movie theater! A beautiful 1 hour drive through the forest from Reno/Tahoe airport and just 55 minutes from Truckee/Tahoe, this home is the perfect getaway. Close to Portola, Graeagle, Nakoma, and many gorgeous golf and wedding venues. Avoid the hustle and bustle of busy mountain towns and appreciate the hidden gem of the Sierras. This home is being offered fully furnished and turnkey. It is a successful short term vacation rental with verified income, professional property management, all 5 star reviews, and many future bookings in place. All bookings and reviews will transfer to new buyer if they continue with current management.

    Zillow last checked:

    Listing updated:

    Listed by:

    CHRISTOPHER PARENT 858-775-6970,

    AARE

    Bought with:

    CAROL E YEATER, DRE #01207222

    SIERRA DESTINATION REALTY

    , DRE #null

    Source: Plumas AOR,MLS#: 20240408MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Central, Geothermal
    Cooling
    • Ceiling Fan(s), Heat Pump
    Appliances
    • Included: Dryer, Dishwasher, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator, Washer, Plumbed For Ice Maker, Electric Water Heater
    • Laundry: Washer Hookup, Electric Dryer Hookup
    Features
    • Open Beams/Beamed Ceailings, Bathtub, Gas Range Connection, Hot Tub/Spa, Bath in Primary Bedroom, Skylights, Stall Shower, Tub Shower, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments, Entrance Foyer, Pantry, Utility Room
    • Flooring: Carpet, Hardwood, Tile
    • Windows: Double Pane Windows, Skylight(s)
    • Basement: Crawl Space
    • Attic: Finished,Permanent Stairs
    • Has fireplace: Yes
    • Fireplace features: Blower Fan, Insert, Stove
    Interior area
    • Total interior livable area: 2,531 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Asphalt, Off Street, Garage Door Opener
    • Attached garage spaces: 3
    • Details: Off-Street Parking
    Accessibility
    • Accessibility features: Therapeutic Whirlpool
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Deck, Patio, Porch
    • Exterior features: Deck, Gas Grill, Sprinkler/Irrigation, Landscaping, Lighting, Porch, Patio, Rain Gutters
    • Has spa: Yes
    • Fencing: None
    • Has view: Yes
    • View description: Golf Course
    • Frontage type: Golf Course
    Lot
    • Size: 1.54 Acres
    • Features: Sprinklers In Rear, Sprinklers Timer
    • Residential vegetation: Pine
    Details
    • Parcel number: 131210023
    • Other equipment: Satellite Dish

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Cedar, Frame, Stone, Wood Siding, Stick Built
    • Foundation: Concrete Perimeter
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 2003

    Utilities & green energy

    • Utilities for property: Electricity Available, Propane, Sewer Available, Underground Utilities, Water Available, High Speed Internet Available

    Community & neighborhood

    Security
    • Security features: Carbon Monoxide Detector(s), Fire Detection System
    Community
    • Community features: Home Owners Association
    Location
    • Region: Portola

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Cash to New Loan
    • Road surface type: Paved

    Price history

    DateEventPrice
    12/2/2024Sold$875,000-9.7%$346/sqft
    Source: Plumas AOR #20240408 Report a problem
    5/6/2024Listed for sale$969,000+29.2%$383/sqft
    Source: Plumas AOR #20240408 Report a problem
    10/1/2021Sold$750,000-6.1%$296/sqft
    Source: TSMLS #20211282 Report a problem
    9/2/2021Pending sale$799,000$316/sqft
    Source: Plumas AOR #20210609 Report a problem
    8/19/2021Price change$799,000-9.2%$316/sqft
    Source: Plumas AOR #20210609 Report a problem
    5/28/2021Listed for sale$880,000+55.1%$348/sqft
    Source: Plumas AOR #20210609 Report a problem
    6/23/2020Sold$567,500-13.2%$224/sqft
    Source: TSMLS #20191185 Report a problem
    6/5/2019Listing removed$654,000$258/sqft
    Source: Coldwell Banker #20191185 Report a problem
    5/28/2019Listed for sale$654,000$258/sqft
    Source: COLDWELL BANKER #201900621 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$9,576 +12.7%$875,000 +12.1%
    2024$8,500 +0.6%$780,300 +2%
    2023$8,451 +0.3%$765,000 +2%
    2022$8,426 +31%$750,000 +30.9%
    2021$6,435 +37.9%$572,874 +42.3%
    2020$4,667 +2.1%$402,478 +2%
    2019$4,572 +6.4%$394,587 +4%
    2018$4,298 +1.6%$379,411 +3%
    2017$4,230 +9.4%$368,360 +3%
    2016$3,868 +0%$357,632
    2015$3,868 $357,632

    Find assessor info on the county website

    Neighborhood: 96122

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Plumas Unified
    • Middle: Plumas Unified
    • High: Plumas Unified

    Source: Plumas AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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