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Under contract
  • $3,895,000

    500 Peninsula Dr, Westwood, CA 96137

    6beds
    4,476sqft
    : 
    $25,348/mo
    Get pre-qualified
    Single Family Residence
    Built in 2007
    1.38 Acres Lot
    $-- Zestimate®
    $870/sqft
    $-- HOA

    What's special

    River rock fireplaceCustom aluminum dockCharming guest log cabinCovered front porchFenced on three sidesGourmet kitchenPrivate retreat
    This extraordinary lakefront estate is one of the finest legacy properties ever offered in the Lake Almanor Country Club. Set on an exceptional 1.38-acre parcel with over 208 feet of level shoreline frontage, this remarkable waterfront compound includes a stunning custom-built main residence and a charming guest log cabin, creating the perfect setting for generations of family and friends to gather and enjoy lake life. Step inside the impressive main home and you'll immediately be captivated by soaring vaulted wood ceilings accented with exposed timber trusses, rich hardwood flooring, a magnificent floor-to-ceiling natural stone fireplace, a custom elk antler chandelier, and an expansive wall of windows that fills the home with natural light while framing breathtaking lake views. The gourmet kitchen is a true showpiece, featuring custom soft-close alder cabinetry, beautiful granite countertops, a custom copper range hood, Wolf gas range, Sub-Zero refrigerator, spacious center prep island, wine chiller, and exceptional workspace for entertaining. The luxurious main-level primary suite offers a private retreat with its own river rock fireplace, spectacular lake views, direct access to both the lakeside deck with hot tub and the covered front porch, and an oversized walk-in closet. The spa-inspired primary bath is beautifully appointed with a large custom tiled shower, dual vanities topped with marble countertops, and a private water closet. Two additional guest suites each feature private en suite bathrooms with custom tiled showers and high-end finishes, providing comfort and privacy for family and guests alike. Downstairs, the spacious game room is the perfect place to unwind after a day on the lake, offering direct access to the expansive lawn and convenient outdoor shower. Outdoor living is truly unmatched, with an incredible lakeside deck designed to capture morning sun and relaxing afternoon shade. Whether you're dining outdoors, soaking in the hot tub, or simply watching loved ones swim in your own protected deep-water cove, this home was designed to embrace the very best of Lake Almanor living. Adding to the property's unique appeal is the delightful log guest cabin, originally built in 1956 and full of authentic mountain character. Comfortable and inviting, it offers three bedrooms, an updated kitchen, a centrally located full bathroom, and a spacious deck where guests can relax in complete privacy. The grounds are equally impressive, with lush lawn extending to the water's edge, outstanding privacy thanks to generous separation from neighboring properties, and a custom aluminum dock providing the perfect launching point for boating, swimming, and endless summer fun. Fenced on three sides, this rare waterfront compound offers an exceptional sense of seclusion while remaining in one of Lake Almanor's most sought-after locations. Beautifully maintained and thoughtfully designed, this is a once-in-a-lifetime opportunity to own one of Lake Almanor's premier waterfront estates—a place where family traditions will be created and treasured for generations to come.
    19 days
    |
    1,310
    |
    49
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    JAY SABELMAN 530-596-3303,

    CHASE INTERNATIONAL LAKE ALMANOR BROKERS

    Source: Plumas AOR,MLS#: 2600783MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 5
      • Full bathrooms: 4
      • 1/2 bathrooms: 1
      Rooms
      • Room types: Family Room, Foyer, Great Room, Kitchen, Living Room, Media Room, Pantry, Utility Room
      Heating
      • Central, Forced Air, Propane
      Cooling
      • Central Air, Ceiling Fan(s)
      Appliances
      • Included: Dryer, Dishwasher, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator, Wine Cooler, Washer, Propane Water Heater
      • Laundry: Washer Hookup, Gas Dryer Hookup
      Features
      • Wet Bar, Open Beams/Beamed Ceailings, Gas Range Connection, High Ceilings, Bath in Primary Bedroom, Stall Shower, Vaulted Ceiling(s), Walk-In Closet(s), Entrance Foyer, Pantry, Utility Room
      • Flooring: Hardwood, Tile
      • Windows: Double Pane Windows
      • Basement: Crawl Space
      • Attic: None
      • Has fireplace: Yes
      • Fireplace features: Masonry
      Interior area
      • Total interior livable area: 4,476 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Gravel, Off Street, Garage Door Opener
      • Attached garage spaces: 2
      • Details: Off-Street Parking
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Deck, Porch
      • Exterior features: Deck, Fence, Sprinkler/Irrigation, Landscaping, Lighting, Porch, Private Yard
      • Has spa: Yes
      • Spa features: Hot Tub
      • Fencing: Chain Link,Partial
      • Has view: Yes
      • View description: Lake, Water
      • Has water view: Yes
      • Water view: Lake,Water
      • Waterfront features: Beach Access, Dock Access, Lake, Mooring, Water Access, Walk to Water
      • Frontage type: Lakefront
      Lot
      • Size: 1.38 Acres
      • Features: Wooded, Sprinklers In Rear, Trees Large Size
      • Topography: Sloping
      • Residential vegetation: Mixed, Pine
      Details
      • Parcel number: 102322010

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Frame, Log, Wood Siding, Stick Built
      • Foundation: Poured
      • Roof: Composition
      Condition
      • New construction: No
      • Year built: 2007

      Utilities & green energy

      • Utilities for property: Propane, Phone Available, Sewer Available, Water Available

      Community & HOA

      Community
      • Features: Home Owners Association
      • Security: Carbon Monoxide Detector(s)
      HOA
      • Has HOA: Yes
      • Amenities included: Boat Ramp, Clubhouse, Golf Course, Tennis Court(s)
      • Services included: Association Management, Recreation Facilities, Snow Removal, Security
      Location
      • Region: Westwood

      Financial & listing details

      • Price per square foot: $870/sqft
      • Tax assessed value: $1,903,356
      • Annual tax amount: $21,803
      • Date on market: 7/30/2026
      • Cumulative days on market: 20 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Cash to New Loan
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/2/2026Contingent$3,895,000$870/sqft
        Source: Plumas AOR #2600783 Report a problem
        7/30/2026Listed for sale$3,895,000+9637.5%$870/sqft
        Source: Plumas AOR #2600783 Report a problem
        5/29/2020Sold$40,000-97.6%$9/sqft
        Source: Public Record Report a problem
        1/20/2017Sold$1,640,000$366/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$21,803 -0.5%$1,903,356 +2%
        2024$21,923 +9.8%$1,866,036 +2%
        2023$19,958 +0.3%$1,829,448 +2%
        2022$19,905 +3.8%$1,793,577 +2%
        2021$19,179 -2.2%$1,758,410 +1%
        2020$19,615 +2%$1,740,380 +2%
        2019$19,227 +4.5%$1,706,256 +2%
        2018$18,405 +36.4%$1,672,800 +39.2%
        2017$13,497 +8.5%$1,201,848 +2%
        2016$12,435 +1.4%$1,178,284 +1.5%
        2015$12,268 +68%$1,160,586 +71.2%
        2014$7,301 $678,101
        2012-- $678,101
        2011-- $678,101 -15%
        2010-- $797,766 -10%
        2009-- $886,406 +345.4%
        2008-- $199,004 +2%
        2007-- $195,103 +2%
        2006-- $191,278 +2%
        2005-- $187,528
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 96137

        Getting around

        17 / 100
        Car-Dependent
        11 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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