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408 Ponderosa Dr, Lake Almanor, CA, 96137

7beds
7baths
3,500sqft
$770,000
$220price/sqft
$5,680/moest. monthly cost
$227,200/yrincome needed

About This Home

408 Ponderosa Drive – Lake Almanor, CA A rare opportunity to own a unique mountain retreat just two blocks from Lake Almanor’s beautiful Big Cove. This exceptional property features seven fully furnished tiny homes thoughtfully arranged on a spacious, well-maintained parcel, offering endless possibilities for investment, recreation, and lifestyle living. Currently operating as a successful vacation rental property with approximately $95,000 in gross 2025 revenue, this turnkey retreat is ready to continue as a thriving Airbnb business. Beyond short-term rentals, the property is perfectly suited for a multi-generational family compound, shared ownership getaway with friends, wellness or yoga retreats, corporate retreats, or group lodging destination. Guests and owners alike will enjoy the unbeatable location near restaurants, shops, golf, fishing, hiking, and year-round outdoor recreation, with Lassen Volcanic National Park just 30 minutes away. Whether you’re looking for an income-producing investment, a private retreat, or a one-of-a-kind gathering place, 408 Ponderosa Drive offers flexibility, charm, and exceptional potential in the heart of Lake Almanor.

Getting Around

19
WalkingCar-Dependent
0
TransitVery Limited Transit
10
BikeSomewhat Bikeable

Schools

8/10
8/10

Construction

Condition

  • Year built: 2004

Materials

  • Foundation: Other
  • Roof: Composition
  • Construction materials: Manufactured,Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Manufactured Home
  • Property subType: Manufactured Home,Single Family Residence

Interior

Appliances

  • Appliances included: Gas Oven,Gas Range,Refrigerator,Electric Water Heater

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 7
  • Bathrooms: 7
  • Full bathrooms: 7

Features

  • Tub Shower,Window Treatments
  • Window features: Double Pane Windows
  • Flooring: Carpet,Laminate
  • Fireplace features: None
  • Attic: Other

Heating & Cooling

  • Heating features: Propane
  • Cooling features: Ceiling Fan(s)

Interior Area

  • Total interior livable area: 3,500 sqft

Property

Details

  • Parcel number: 104363001
  • Zoning: RC

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Deck
  • Exterior features: Deck
  • Fencing: None,Perimeter
  • Has view: Yes
  • View description: Scenic
  • Waterfront features: Walk to Water
  • Topography of land: Level,Sloping
  • Residential vegetation: Mixed

Lot

  • Lot size: 0.59 Acres
  • Features: Level

Parking

  • Parking features: Gravel,Off Street

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingVery High
  • Wildfire
    WildfireVery High
  • Earthquake
    EarthquakeRelatively High
  • Lightning
    LightningRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Landslide
    LandslideModerate

How This Home’s Risks Compare

Inland Flooding
Wildfire
Earthquake
Lightning
Winter Weather
Landslide

FEMA Declared Disasters in Plumas County and California

Earthquake
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,893$46,716
Home Insurance *$595$7,140
Property Taxes $442$5,304
Electricity $750$9,006
Total$5,680$68,160
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$194,742/yr
40% on housing$170,400/yr
45% on housing$151,466/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 13.3%
13.3%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 4.3%
4.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$220This listing

vs Other Active Listings

Avg $/sqft

ZIP 96137$300
Plumas County$272

vs Homes Sold Last Month

Median $/sqft

ZIP 96137
Plumas County$252

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-04-15Listed for sale$799,000
2025-12-02Listing removed$899,000
2025-04-12Listed for sale$899,000
2024-08-14Listing removed$899,000
2024-08-13Listed for sale$899,000
2024-01-10Sold$425,000
2023-12-14Pending sale$499,000
2023-09-15Price change$499,000
2023-07-08Listed for sale$695,000
2022-07-13Sold$600,000
2022-06-08Pending sale$600,000
2022-05-28Listed for sale$600,000
2020-12-26Listing removed--
2020-07-27Listed for sale$124,000
2020-05-13Listing removed$129,000
2019-11-29Listed for sale$129,000
2019-04-02Listing removed$137,500
2018-10-24Price change$137,500
2018-08-27Price change$92,500
2018-07-27Price change$137,500
2018-07-22Listed for sale$92,500
2012-01-19Listing removed$249,000
2011-06-29Price change$249,000
2011-05-23Price change$289,000
2011-04-03Listed for sale$329,000
2010-12-10Listing removed$329,000

For Sale by Agent

AgentBILLY TAYLOR
BrokerageCHASE INTERNATIONAL LAKE ALMANOR BROKERS

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