Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    5028 Harvest Moon Portola, CA 96122

    Sponsored
    For Sale
    $129,900

    Single Family Lot - Portola, CA

    Type:Single Family Residence
    Lot size:
    5.53 Acres
    Days on Market:
    303
    Last Refresh:
    Feb 3 at 9:06 am

    Property Features for 5028 Harvest Moon

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Standard status
    Active
    APN
    131-180-023
    Parking features
    None
    Lot size
    5.53 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    MIMI GARNER
    MIMI GARNER

    MARGARET MARY GARNER, BROKER (775) 229-3140

    Listing agent MIMI GARNER (775) 229-3140 License #00616168

    Listing date Apr 7, 2025

    MLS# 20250259 Listing URL

    Copyright © 2026 Plumas 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.

    Learn more

    Overview

    Secluded Nakoma Community Acreage

    This 5.53-acre parcel is located within the Nakoma Community at the end of a cul-de-sac road. The property backs to Forest Service land. The wooded lot is large enough for a log home and offers privacy. An elevated building site provides potential for mountain views. The property is not on a gated road, but at the end of Harvest Moon cul-de-sac, following an old forest service road. It is located approximately 3 miles from downtown Portola and 50 miles from Reno, Nevada. Nakoma is known for its Frank Lloyd Wright-designed Nakoma Clubhouse and the Dragon golf course. Residents can enjoy the Altitude Recreation Center, featuring an outdoor heated swimming pool, climbing wall, game rooms, a full gym, locker rooms, dining options, fireplaces, and a theater. Nakoma offers an extensive trail system providing access to the Feather River canyon and Star Top ridge. Plumas County offers alpine lakes and historic towns such as Graeagle and Portola. Recreational activities include hiking, golf, skiing, boating, and fishing. Bank financing is available.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Portola
    County
    Plumas
    State
    California
    Longitude
    -120.449
    Latitude
    39.8755

    Nearby Similar for Sale

    • $200,000
      1,920 SF

      Historic Bank Club in Portola

      Established bar with licenses, parking, and historic charm.
      190 Commercial St, Portola, CA 96122
      View Details
    • $325,000

      Portola Multi-Use Building For Sale

      Multi-use property with restaurant and residential opportunity in Portola, CA.
      117 W Sierra Portola Ave, Portola, CA 96122
      View Details
    • $245,000
      0.74 Acres

      Versatile Mixed-Use Property in Portola

      Multi-use building with residential and commercial potential in Old Town.
      180 Pacific St, Portola, CA 96122
      View Details
    • $699,000
      4,932 SF

      Multi-Tenant Building in Portola, CA

      4,932 SF multi-tenant building with long-term tenants.
      257 E Sierra Ave, Portola, CA 96122
      View Details
    • $115,000
      900 SF

      189 Commercial St, Portola, CA 96122

      Retail properties • 900 SF
      189 Commercial St, Portola, CA 96122
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 5.53 acre parcel in Nakoma Community, near Forest Service land.
    Where is this residential land & home lot located?
    The property is located at 5028 Harvest Moon Portola, CA.
    What is the asking price?
    The asking price for this property is $129,900.
    What are key features of this property?
    This property features: - Secluded 5.53-acre parcel bordering Forest Service land, offering privacy and direct access to nature.; - Access to Nakoma Resort amenities, including the Frank Lloyd Wright-designed Clubhouse, Dragon golf course, and Altitude Recreation Center.; - Located in the Lost Sierra region of Plumas County, offering an affordable alternative to Tahoe with year-round access.
    (775) 229-3140
    Request Owner's contact information
    5028 Harvest Moon Portola, CA 96122
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5028 Harvest Moon
    Portola, CA 96122
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    5028 Harvest Moon Portola, CA 96122
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    MIMI GARNER
    MIMI GARNER
    Real Estate License ID: 00616168
    (775) 229-3140
    Learn more
    Google sign-in failed. Please try again or use another login method.