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    511 Deer Trl, Unit 48 Portola, CA 96122

    Sponsored
    For Sale
    $79,900

    LAND - Portola, CA

    Lot size:
    1.41 Acres
    Days on Market:
    162
    Last Refresh:
    Feb 20 at 12:06 am

    Property Features for 511 Deer Trl

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Vegetation
    Wooded
    Zoning
    S-3
    APN
    131-120-013
    Lot size
    1.41 Acres

    Utilities

    Utilities
    Water Available
    Sewer type
    Public Sewer
    Water front features
    Pond, River Access
    Water front
    1

    We can help!

    Listing Contact
    Mimi Garner
    Mimi Garner

    MARGARET MARY GARNER, BROKER (775) 229-3140

    Listing agent Mimi Garner (775) 229-3140 License #01213523

    Listing date Sep 12, 2025

    MLS# 20250272

    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

    Property Insight Report

    Overview

    Golf Course Lot on 7th Hole

    This 1.41-acre lot is situated on the 7th hole of the Robin Nelson-designed Dragon golf course, offering views of the Par 5 7th hole green and a nearby wildlife pond. The level site is suitable for building a home and watching golfers. The wildlife pond collects winter snow runoff and summer rains. The property is located across the street from hundreds of acres of Forest Service land for hiking and the Wild and Scenic Feather River waterfall. It is conveniently located near the Nakoma Lodge on County Road A15 and a short walk from the Altitude Recreation Center. 4 Seasons Construction company is available to build your home at Nakoma, with a minimum square footage of 1600 sf. The Nakoma Resort features the Frank Lloyd Wright-designed Nakoma Clubhouse with a restaurant and the Dragon Golf Course. High-speed internet is installed throughout the community, enabling residents to work from home. The mandatory homeowners association charges $375 per quarter for roads, trails, and gate maintenance. The Gold Mountain Community Services District provides water and sewer services. The location is ideal within the central core of the development. The Lost Sierra region offers hiking, fishing, horseback riding, boating, hunting, dirt bike trails, ATV and snowmobiling trails, the Great Lakes Basin Recreation Area, Lake Davis, Frenchman's Lake, Sierra Buttes, Sierra Valley, wine tasting, and local dining. Portola is 3 miles away and Reno is 50 minutes away.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Portola
    County
    Plumas
    State
    California
    Longitude
    -120.525515
    Latitude
    39.776094

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    FAQs

    What type of property is this?
    Residential land & home lot - 1.41 acre golf course lot overlooking the 7th hole.
    Where is this residential land & home lot located?
    The property is located at 511 Deer Trl, Unit 48 Portola, CA.
    What is the asking price?
    The asking price for this property is $79,900.
    What are key features of this property?
    This property features: - Enjoy the serenity of a 1.41 acre golf course lot on the 7th hole of the Dragon golf course, boasting views of the green and wildlife pond.; - Direct access to hundreds of acres of Forest Service land, perfect for hiking and exploring the Feather River waterfall.; - Conveniently located near the Nakoma Lodge and Altitude Recreation Center with amenities like a gym, climbing wall, and Olympic-sized swimming pool.
    (775) 229-3140
    Request Owner's contact information
    511 Deer Trl, Unit 48 Portola, CA 96122
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    Portola, CA 96122
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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.

    More about this property
    511 Deer Trl, Unit 48 Portola, CA 96122
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    We can help!
    Listing Contact
    Mimi Garner
    Mimi Garner
    Real Estate License ID: 01213523
    (775) 229-3140
    Learn more
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