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20441 Cove Rd, Montgomery Creek, CA, 96065

4beds
3baths
0sqft
$1,899,000
--price/sqft
$12,955/moest. monthly cost
$518,200/yrincome needed

About This Home

Escape to your own private Northern California retreat on approximately 265 acres of scenic, usable land featuring natural water sources, multiple residences, and income-producing potential. This unique property offers two homes (one currently rented month-to-month and one vacant), creating immediate flexibility for multi-generational living, rental income, or a live/work lifestyle. Combined rental potential is approximately $2,798/month, with additional hydroelectric and utility-related income historically averaging approximately $8,500 to $9,000 annually. A defining feature of the property is its abundant, year-round water. Multiple artesian springs supply the land, and the existing homes benefit from gravity-fed water systems. The property also includes documented pre-1914 water rights and riparian access along Hatchet Creek, an increasingly rare and valuable feature in California. The land itself offers a blend of privacy, open space, and natural beauty, along with a historic barn dating back to approximately 1895. Whether you envision a peaceful homestead, working ranch, vineyard, or a wellness or retreat-style property, the possibilities here are expansive. Zoned "U" (Unclassified), the property allows for a wide range of potential uses, offering long-term flexibility and future upside. This is more than a home, it's an opportunity to create a lifestyle rooted in land, water, and self-sufficiency, while benefiting from existing income and future potential. Seller owns the property free and clear and is open to negotiating flexible seller financing terms. Buyer to verify all information including zoning, income, water rights, and potential uses. AI rendering is used on some images as stated on the photos for illustrative purposes.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
0
BikeNot Bike Friendly

Schools

9/10
Foothill High SchoolGrades 9-1226.8 mi

Construction

Condition

  • Property condition: Value Mainly In Land

Type & Style

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

Interior

Appliances

  • Appliances included: Electric Cooktop,Propane Water Heater
  • Laundry features: Inside

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Features

  • Dining Area
  • Flooring: Laminate,Hardwood,Stone,Stone Tile
  • Fireplace features: Living Room
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Fireplace(s)
  • Cooling features: None

Interior Area

  • Total structure area: 0

Property

Details

  • Parcel number: 027060067
  • Zoning: U
  • Special condition: Standard
  • Other equipment: Other

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Spa features: None
  • Has view: Yes
  • View description: Trees/Woods,Tree Top,River,Mountain(s),Park/Greenbelt
  • Has water view: Yes
  • Water view: River
  • Horses can be raised: Yes

Lot

  • Lot size: 264.20 Acres
  • Features: Greenbelt

Parking

  • Parking features: Driveway,Carport
  • Has uncovered spaces: Yes
  • Carport: Yes

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
    WildfireVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Earthquake
    EarthquakeModerate
  • Landslide
    LandslideModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Wildfire
Inland Flooding
Winter Weather
Earthquake
Landslide
Lightning

FEMA Declared Disasters in Shasta County and California

Earthquake
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
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 $9,602$115,224
Home Insurance *$1,848$22,176
Property Taxes $1,107$13,284
Electricity $398$4,786
Total$12,955$155,460
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$444,171/yr
40% on housing$388,650/yr
45% on housing$345,466/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: 16.6%
16.6%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
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 96065$150
Shasta County$231

vs Homes Sold Last Month

Median $/sqft

ZIP 96065$128
Shasta County$242

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
2026-04-03Listed for sale$1,899,000
2025-10-08Listing removed$1,950,000
2025-07-24Price change$1,950,000
2025-04-14Price change$2,100,000
2024-10-07Listed for sale$2,200,000

For Sale by Agent

AgentDerek Saelee
BrokerageThe Estates Group

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