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334 Peninsula Dr, Westwood, CA, 96137

2beds
1baths
720sqft
$1,395,000
$1,938price/sqft
$9,942/moest. monthly cost
$397,680/yrincome needed

About This Home

Discover the perfect investment opportunity with this stunning Lake Almanor lakefront property, featuring three newly remodeled rental units. The main unit boasts two spacious bedrooms and one bath, offering a serene retreat that commands $300 per night. Additionally, there are two charming one-bedroom, one-bath units, each generating $225 per night, ideal for couples or solo travelers seeking a cozy getaway. Each unit is equipped with inviting decks, perfect for enjoying the picturesque views and fresh air. The property also includes a designated RV spot with full hook-ups, a delightful lakeside patio area for relaxation, and a dock complete with boat slips for water enthusiasts. Partially landscaped with lush lawn areas, this property is designed for comfort, featuring ceiling fans and most furnishings included for a seamless transition. Nestled in Lake Almanor's Peninsula Village, residents will appreciate the convenience of nearby restaurants, grocery stores, coffee shops, and marinas, making this an exceptional choice for both renters and owners alike. Don't miss the chance to own this prime piece of lakeside paradise!

Getting Around

22
WalkingCar-Dependent
0
TransitVery Limited Transit
13
BikeSomewhat Bikeable

Schools

8/10
8/10

Construction

Condition

  • Year built: 1964

Materials

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Construction materials: Frame,Other,Stick Built

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

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

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Electric Range Connection,Stall Shower,Window Treatments
  • Window features: Double Pane Windows
  • Flooring: Laminate,Tile
  • Fireplace features: None

Heating & Cooling

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

Interior Area

  • Total interior livable area: 720 sqft

Property

Details

  • Parcel number: 104092002

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Deck
  • Exterior features: Deck,Sprinkler/Irrigation,Landscaping,RV Hookup
  • Has view: Yes
  • View description: Lake
  • Has water view: Yes
  • Water view: Lake
  • On waterfront: Yes
  • Frontage type: Lakefront
  • Topography of land: Sloping

Lot

  • Lot size: 0.67 Acres
  • Features: Wooded

Parking

  • Parking features: Concrete,Off Street,RV Access/Parking

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 $7,053$84,636
Home Insurance *$1,079$12,948
Property Taxes $1,412$16,944
Electricity $398$4,786
Total$9,942$119,304
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$340,868/yr
40% on housing$298,260/yr
45% on housing$265,120/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

$1,938This listing

vs Other Active Listings

Avg $/sqft

ZIP 96137$269
Plumas County$262

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)

Price History

DateEventPrice
2024-08-09Listed for sale$1,395,000
2017-06-01Sold$400,000

For Sale by Agent

AgentTIM O'BRIEN
BrokerageCOLDWELL BANKER KEHR/O'BRIEN (L)

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