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503-400 Madrone Way, Susanville, CA, 96130

--beds
--baths
--sqft
$40,000
--price/sqft
$661/moest. monthly cost
$26,440/yrincome needed

About This Home

Escape to the great outdoors and the lakeside paradise of Eagle Lake, California! Bring your RV or camp trailer- this lot is ready to use! Offering 3 separate RV hookups and a convenient horseshoe driveway for ease of access and parking. This level lot is complete with all utilities including: electricity, an updated septic system, an updated Well Pump with an oversized pump house - offering plenty of added storage! The well is approximately 63ft deep per the well drillers report. This woodland retreat is situated in the Spalding Tract and includes 5 lots totaling .29 acres, which is large enough to build a home per Spalding's building requirements. Enjoy instant access to hiking, kayaking, fishing, bird-watching, & more! This property offers endless opportunities for recreation and adventure! Eagle Lake is best known for Rainbow Trout angling. With proximity to lake access and the air strip, this location is ideal for any outdoor enthusiast. Don't miss out on your opportunity to own this fabulous parcel!

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
34
BikeSomewhat Bikeable

Schools

6/10
6/10
4/10
Lassen High SchoolGrades 9-1218.3 mi

Construction

Type & Style

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

Property

Details

  • Parcel number: 077374023
  • Zoning: R-1-D

Features

  • Topography of land: Level,Thinned,Large Trees

Lot

  • Lot size: 0.29 Acres
  • Features: Corner Lot,Wooded,Cleared,Irregular Lot

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

  • Wildfire
    WildfireRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Earthquake
    EarthquakeModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Wildfire
Winter Weather
Earthquake
Inland Flooding

FEMA Declared Disasters in Lassen County and California

Earthquake
Flood
Mud Landslide
Severe Storm
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 $202$2,424
Home Insurance *$35$420
Property Taxes $26$312
Electricity $398$4,786
Total$661$7,932
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$22,662/yr
40% on housing$19,830/yr
45% on housing$17,626/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: 15.1%
15.1%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: -0.1%
-0.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 96130$161
Lassen County$187

vs Homes Sold Last Month

Median $/sqft

ZIP 96130$172
Lassen County$148

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
2026-07-25Price change$40,000
2026-06-18Listed for sale$49,000
2025-10-13Listing removed$60,000
2025-06-02Listed for sale$60,000
2024-11-24Listing removed$60,000
2024-07-25Listed for sale$60,000

For Sale by Agent

AgentTRISTA BAILEY
BrokerageBERKSHIRE HATHAWAY HOME SERVICES DRYSDALE PROPERTIES

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