




20441 Cove Rd, Montgomery Creek, CA, 96065
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
Schools
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
- Inland Flooding
- Winter Weather
- Earthquake
- Landslide
- Lightning
How This Home’s Risks Compare
FEMA Declared Disasters in Shasta County and California
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
| Monthly | Annual | |
|---|---|---|
| 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 |
Income You'd Need if You Spent...
California FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-03 | Listed for sale | $1,899,000 |
| 2025-10-08 | Listing removed | $1,950,000 |
| 2025-07-24 | Price change | $1,950,000 |
| 2025-04-14 | Price change | $2,100,000 |
| 2024-10-07 | Listed for sale | $2,200,000 |
