
408 Red Sky Portola, CA 96122
Highlights
- Golf Course Community
- Pine Trees
- Deck
- Golf Course View
- Clubhouse
- Vaulted Ceiling
About This Home
As of December 2024Introducing 408 Red Sky, an unforgettable luxury 4 bedroom, 3 bathroom custom home situated on over 1.5 private acres. This single level custom mountain cabin is truly unique, and it won't last long. It is an ideal vacation home, generating income while you are away, or a move-in ready full time residence. Enjoy stunning views of the 16th hole of the Dragon, Nakoma’s 18 hole championship golf course. Enter the gates of the resort community and marvel at the idyllic blend of quiet serenity and modern upscale amenities! Known by guests as The Luxe Lodge, this extraordinary 5 star property is one of the most lucrative vacation rental homes in Nakoma. Grossing over $101k in rental revenue in 2023, it is a favorite among visitors looking for the best this area has to offer. A private driveway leads you up to the custom estate, surrounded by forest and the wonders of nature. The home is thoughtfully designed with comfort and enjoyment in mind. It is perfect for family gatherings or couples, with a large great room, and many private areas to retreat to throughout. The spectacular grand entrance welcomes you into an oversized living area, filled with natural light, impressive high ceilings, exposed wood beams, and 20 foot river rock fireplace. A fully equipped chef’s kitchen, dining area, island and bar top both with bar stools, and additional breakfast nook provide ample seating for everyone to gather round for delicious meals and quality time. The great room has French doors leading out to a serene courtyard with cozy seating to enjoy a quiet morning coffee or relaxing evening views. The sliding door near the master leads out to the expansive wrap around deck, overlooking the golf course and endless forest landscape! Enjoy a family barbecue or stargaze from the brand new jacuzzi. Breathe in the fresh mountain air and take it all in… It doesn’t get much better than this! The grand master suite boasts a new king bed, new carpet, and breathtaking forest views all around, with a spacious walk in closet. Pull down shades allow the option to watch the sun rise, or sleep in late and hide away. An oversized jetted tub for two and steam shower complete the space offering total relaxation and privacy from the rest of the home. 2 additional bedrooms have new carpet, new furnishings, sensational forest and fairway views, and ample closet space. The King studio suite has a kitchenette with full size fridge and en suite bathroom with walk in shower. There is also a bonus loft above the garage with a poker table, futon, tv, and beanbag chairs. Purchase includes exclusive membership to Altitude recreation center (a $20k value). The facility provides 12,000 sq. feet of world class amenities! With an on site restaurant and bar, your favorite sports on TV, an Olympic size swimming pool (heated year round!), steaming jacuzzi surrounded by gorgeous, towering pines, an indoor rock climbing wall and 1/2 basketball court, fitness center with private loft for yoga, children’s play room with toys, books, and games, teen room with billiards, foosball, smart TVs, computers, and Middle Fork bar & bistro - PLUS a private movie theater! A beautiful 1 hour drive through the forest from Reno/Tahoe airport and just 55 minutes from Truckee/Tahoe, this home is the perfect getaway. Close to Portola, Graeagle, Nakoma, and many gorgeous golf and wedding venues. Avoid the hustle and bustle of busy mountain towns and appreciate the hidden gem of the Sierras. This home is being offered fully furnished and turnkey. It is a successful short term vacation rental with verified income, professional property management, all 5 star reviews, and many future bookings in place. All bookings and reviews will transfer to new buyer if they continue with current management.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,796
Year Built
- Built in 2003
Lot Details
- 1.54 Acre Lot
- Landscaped
- Sprinklers on Timer
- Pine Trees
Home Design
- Frame Construction
- Composition Roof
- Cedar Siding
- Stone Siding
- Concrete Perimeter Foundation
Interior Spaces
- 2,531 Sq Ft Home
- 1-Story Property
- Beamed Ceilings
- Vaulted Ceiling
- Ceiling Fan
- Skylights
- Self Contained Fireplace Unit Or Insert
- Fireplace Features Blower Fan
- Double Pane Windows
- Window Treatments
- Entrance Foyer
- Great Room
- Living Room
- Formal Dining Room
- Utility Room
- Golf Course Views
- Crawl Space
- Carbon Monoxide Detectors
Kitchen
- Breakfast Area or Nook
- Stove
- Gas Range
- Microwave
- Plumbed For Ice Maker
- Dishwasher
- Disposal
Flooring
- Wood
- Wall to Wall Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
- 3 Full Bathrooms
- Whirlpool Bathtub
- Hydromassage or Jetted Bathtub
- Bathtub with Shower
- Shower Only
Laundry
- Dryer
- Washer
Parking
- 3 Car Attached Garage
- Garage Door Opener
- Driveway
- Off-Street Parking
Outdoor Features
- Deck
- Patio
- Exterior Lighting
- Outdoor Gas Grill
- Rain Gutters
- Porch
Utilities
- Central Heating
- Heat Pump System
- Geothermal Heating and Cooling
- Underground Utilities
- Propane
- Electric Water Heater
- Septic System
- High Speed Internet
- Satellite Dish
Listing and Financial Details
- Assessor Parcel Number 131-210-023
Community Details
Overview
- Association fees include management, grounds, snow removal, road maintenance agree.
- Property has a Home Owners Association
- The community has rules related to covenants
Recreation
- Golf Course Community
Additional Features
- Clubhouse
- Building Fire Alarm
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
12/07/2024 12/07/24 | For Sale | $969,000 | +10.7% | $383 / Sq Ft |
12/02/2024 12/02/24 | Sold | $875,000 | 0.0% | $346 / Sq Ft |
09/23/2024 09/23/24 | Off Market | $875,000 | -- | -- |
05/06/2024 05/06/24 | For Sale | $969,000 | +29.2% | $383 / Sq Ft |
10/01/2021 10/01/21 | Sold | $750,000 | -6.1% | $296 / Sq Ft |
09/02/2021 09/02/21 | Pending | -- | -- | -- |
08/19/2021 08/19/21 | Price Changed | $799,000 | -9.2% | $316 / Sq Ft |
05/28/2021 05/28/21 | For Sale | $880,000 | +55.1% | $348 / Sq Ft |
06/23/2020 06/23/20 | Sold | $567,500 | -13.2% | $224 / Sq Ft |
05/28/2019 05/28/19 | For Sale | $654,000 | -- | $258 / Sq Ft |
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2023 | $8,796 | $765,000 | $102,000 | $663,000 |
2022 | $8,426 | $750,000 | $100,000 | $650,000 |
2021 | $6,435 | $572,874 | $101,036 | $471,838 |
2020 | $4,667 | $402,478 | $39,389 | $363,089 |
2019 | $4,572 | $394,587 | $38,617 | $355,970 |
2018 | $4,298 | $379,411 | $37,132 | $342,279 |
2017 | $4,230 | $368,360 | $36,050 | $332,310 |
2016 | $3,868 | $357,632 | $35,000 | $322,632 |
2015 | $3,868 | $357,632 | $35,000 | $322,632 |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $612,500 | New Conventional | |
Closed | $175,000 | New Conventional | |
Previous Owner | $397,000 | No Value Available | |
Previous Owner | $397,000 | New Conventional |
Deed History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Grant Deed | $875,000 | Cal Sierra Title | |
Grant Deed | $750,000 | Cal Sierra Title Company | |
Grant Deed | $567,500 | Cal Sierra Title Company |
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Source: Plumas Association of REALTORS®
MLS Number: 20240408

APN: 131-210-023-000
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