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    Forested Retreat with Multiple Living Quarters Title is generated by Realmo AI

    4025 Summit Drive Mt, Shasta, CA 96067

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    For Sale
    $1,790,000

    Cabin,Craftsman Style, Other - Mt Shasta, CA

    Property size:
    2,996 SF
    Lot size:
    17.60 Acres
    Price / SF:
    $597/SF
    Added:
    Mar 19, 2026
    Days on Market:
    52
    Last Refresh:
    May 9 at 7:06 pm

    Property Features for 4025 Summit Drive Mt

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bathrooms
    3
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3
    Standard status
    Active
    Size
    2,996 SF
    Lot size
    17.60 Acres

    Building Details

    Year built
    2006
    Number of units
    3
    Architectural style
    Craftsman

    We can help!

    Listing Contact
    Gail Garaventa

    Listing agent Gail Garaventa License #02214354

    Listing office John L Scott Siskiyou 300 S. Broadway St, Yreka, CA

    Listing date Mar 19, 2026

    MLS# 20260283 Listing URL

    Copyright © 2026 Siskiyou Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 17‑acre forested property with multiple living quarters, ideal for family gatherings or rental income.
    • Potential for parcel split into four 4‑acre parcels.
    • Lucrative short‑term rental license (requires new owner to re‑apply).
    • Incredible outdoor gathering space with large fire pit, snowboard shack, and RV hookup.
    • Enjoy the 3000+ sq ft refinished deck.
    • Recent Cal‑Fire Defensible Space Report with all requirements completed.

    Overview

    This 17-acre forested property features multiple living quarters, making it suitable as a cabin retreat. The property includes an outdoor gathering space, a large fire pit, a snowboard shack, and RV hookups. It could serve as a second home for family gatherings or as an income-producing property through short or long-term rentals. The county policies may allow for a parcel split into four 4-acre parcels. The property includes buildings, a forest area, and a deck with a waterfall pond. The property has cozy fireplaces and outdoor fire pits. The deck, spanning over 3000 square feet, was refinished in the summer of 2025. A recent Cal-Fire Defensible Space Report indicates that all suggestions and requirements have been completed. The property has a current short-term rental license. The property has a new well pump and a septic inspection. The property is located in Mt Shasta, CA.
    Location Intelligence

    Current Use by Public Records

    Short term rental ...

    Map

    City
    Shasta
    County
    Shasta
    State
    California
    Longitude
    -122.249
    Latitude
    41.3683

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    FAQs

    What type of property is this?
    Land - 17-acre property ideal for family gatherings or income generation.
    Where is this land located?
    The property is located at 4025 Summit Drive Mt Shasta, CA.
    What is the asking price?
    The asking price for this property is $1,790,000.
    What are key features of this property?
    This property features: 17‑acre forested property with multiple living quarters, ideal for family gatherings or rental income.; Potential for parcel split into four 4‑acre parcels.; Lucrative short‑term rental license (requires new owner to re‑apply).
    (707) 738-9952
    We can help!
    Listing Contact
    Gail Garaventa
    Real Estate License ID: 02214354
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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