492 Bailey Creek Rd, Westwood, CA, 96137
About This Home
Spacious Mountain Retreat in Bailey Creek at Lake Almanor. This beautifully appointed and exceptionally spacious home offers 5 bedrooms, 3 bathrooms, and an impressive 3,893 square feet. Thoughtfully designed for flexible living—perfect for multi-family use, entertaining, or investment potential. The main level features 3 bedrooms and 2 bathrooms, highlighted by a stunning great room with custom open-beam ceilings and rock fireplace with gas log insert. The gourmet kitchen is both functional and inviting, complete with a farm sink, 6-burner gas stove, and flows smoothly into the open dining and living areas. French doors from both the living room and the primary suite lead to a spacious, fully covered upper deck overlooking the private backyard. The expansive lower level offers incredible versatility, featuring a massive family/rec room, a full bar area, a second full kitchen, 2 additional bedrooms, and a full bathroom. With direct access to the backyard, this level can easily function as a separate living space. Step outside to a well-designed outdoor oasis, complete with horseshoe pits and a custom patio with full outdoor kitchen, including a built-in BBQ, flat-top grill, and smoker. At the rear of the property, enjoy the tranquil setting of seasonal Bailey Creek, currently flowing beautifully in its springtime peak, all surrounded by serene forest views. Additional features include a 2-car garage, central forced air heating and air conditioning, a tankless water heater, and an automatic generator for year-round comfort. Located just seconds from the championship 18-hole Bailey Creek Golf Course and clubhouse, and only minutes from Lake Almanor’s marinas, restaurants, and Peninsula amenities, this home offers the best of mountain living with convenience. Currently operating as a successful short-term rental, this property presents an outstanding opportunity as both a private retreat and income-producing investment. Most furnishings are negotiable.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2003
Materials
- Foundation: Poured
- Roof: Composition
- Construction materials: Frame,Wood Siding,Stick Built
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dryer,Dishwasher,Disposal,Gas Oven,Gas Range,Microwave,Refrigerator,Washer,Propane Water Heater,Tankless Water Heater
- Laundry features: Washer Hookup
Basement
- Basement: Full,Finished,Walk-Out Access
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Features
- Wet Bar,Open Beams/Beamed Ceailings,Gas Range Connection,High Ceilings,Bath in Primary Bedroom,Stall Shower,Sunken Bathtub,Tub Shower,Walk-In Closet(s),Window Treatments,Entrance Foyer,Utility Room
- Window features: Double Pane Windows
- Flooring: Carpet,Hardwood,Laminate,Other,Tile
- Fireplace features: Insert,Gas Log,Masonry,Stove
- Fireplace: Yes
Heating & Cooling
- Heating features: Central,Forced Air,Propane,Zoned
- Cooling features: Central Air,Ceiling Fan(s)
Interior Area
- Total interior livable area: 3,893 sqft
Property
Details
- Parcel number: 103170006
- Zoning: 3-R
- Other equipment: Generator
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered,Deck,Patio,Porch
- Exterior features: Breezeway,Deck,Gas Grill,Landscaping,Lighting,Porch,Patio,Private Yard
- Has view: Yes
- View description: Creek/Stream
- Has water view: Yes
- Water view: Creek/Stream
- Waterfront features: Stream,Creek
- Topography of land: Sloping
- Residential vegetation: Mixed
Lot
- Lot size: 0.68 Acres
- Features: Wooded,Sprinklers In Front,Trees Large Size
Parking
- Total spaces: 2
- Parking features: Asphalt,Off Street,Garage Door Opener
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
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
- Wildfire
- Earthquake
- Lightning
- Winter Weather
- Landslide
How This Home’s Risks Compare
FEMA Declared Disasters in Plumas 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 | $4,545 | $54,540 |
| Home Insurance * | $695 | $8,340 |
| Property Taxes | $516 | $6,192 |
| Electricity | $834 | $10,017 |
| Total | $6,590 | $79,080 |
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 |
|---|---|---|
| 2026-04-04 | Listed for sale | $899,000 |
| 2025-12-01 | Listing removed | $899,000 |
| 2025-05-23 | Price change | $899,000 |
| 2025-03-06 | Listed for sale | $915,000 |
| 2023-12-27 | Sold | $850,000 |
| 2023-10-30 | Pending sale | $899,000 |
| 2023-06-04 | Price change | $899,000 |
| 2023-04-15 | Listed for sale | $929,000 |
| 2022-11-01 | Listing removed | $995,000 |
| 2022-05-02 | Listed for sale | $995,000 |
View on Zillow