5.15 Acres in Squaw Valley, CA - $125,000
SALE PENDING....This is a nice older doublewide in great condition, sited on an elevated pad that has a gorgeous eastern and southern view of Dunlap Valley and the High Sierras. The property is a 5 acre lot, mostly fenced, that is traversed by a seasonal stream. This is a very private property with easy access to Hwy 180 and only 1 mile from the Clingan's Junction store.
The property is on Hopewell Road. This is an area of mostly larger ranch properties. There are a few smaller parcels created by parcel map with several nice custom homes. The homesite is elevated from the road and enjoys tremendous privacy from neighboring properties. The property has a double pad with the home located on the smaller and lower pad which leaves room for a new home on the much larger upper pad. There is also a small wood storage building and a covered shed. A dirt road goes from the homesite area across t...
The property is on Hopewell Road. This is an area of mostly larger ranch properties. There are a few smaller parcels created by parcel map with several nice custom homes. The homesite is elevated from the road and enjoys tremendous privacy from neighboring properties. The property has a double pad with the home located on the smaller and lower pad which leaves room for a new home on the much larger upper pad. There is also a small wood storage building and a covered shed. A dirt road goes from the homesite area across the stream to the rear of the property where there is a large open and relatively flat area that would make an excellent homesite with terrific privacy and an even more spectacular view. The property has lots of mature oaks and some interesting rock features. The property is almost entirely fenced.
The home is a 1970 Redmond with 1,368sqft and 2 bedrooms 2 baths. The owners have done a terrific remodeling job to create a very comfortable home. The home has a large open living area with a corner wood stove, a dry beverage bar(no water service) with a mirrored back bar and elevated counter area, a separate dining room with built-in china cabinets, and a large open kitchen with island food prep counter, built-in gas range, and double ovens, and dishwasher. The master bedroom is nicely sized with closet access from both the bedroom and the neat cedar walled master bath. There is a new wrap-around covered wood deck along one side and the front of the room where you get an amazing eastern view of the Dunlap Valley and the High Sierra's. The deck also has a great deck level spa where you can enjoy starlit evenings in total privacy. The home also has a newer metal roof. You will be amazed at just how nice a home this is. It might be older, but it really has some class.
This property has a terrific view in all directions. You really have the feel of being on much more than 5 acres. There is a great natural patio area on the upper pad under a canopy of live oaks where the owners have created a very comfortable entertainment area with a nice firepit and gazebo.
OK...how about the downsides? Because the home is older, it won't qualify for traditional lender financing. There is one portfolio lender in Fresno that will make a 70% loan for a buyer with good credit at a fairly attractive rate. The seller may be able to carry paper with a large down. Other than that, this will require a cash buyer. The property has plenty of usable ground but there are also areas where the terrain is steeper and somewhat brushy...really a mixture of good and bad, but overall with some great character. The old storage building is pretty beat up but appears to be water-tight. It looks as if it might have been used as an extra bedroom at some time in the past. The road to the back of the property has a washout at the creek crossing that will need repair. The property does need a little general cleanup. Hopewell Road is a county road. It is a bit narrow but paved. It dead ends at a large ranch a couple of miles past the property and receives very little traffic...kind of nice for insuring some peace and quiet.
This could be a great chance to get an extremely livable home at a very attractive price with the upside of being able to build your final residence while living on the property. It is a very pretty spot with a great view and really easy access to the highway for an easy commute to town. The area itself is really attractive and you have a great sense of being on a large parcel. If you were looking for something in close to the highway with loads of privacy and a terrific view, this property just may fit the bill.
