Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Land in Grizzly Ranch Title is generated by Realmo AI

    78 S Ridge Road lot 256, Portola, CA 96122

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    LAND - Portola, CA

    Lot size:
    0.63 Acres
    Added:
    Feb 8, 2026
    Days on Market:
    114
    Last Refresh:
    Jun 2 at 5:06 pm

    Property Features for 78 S Ridge Road lot 256

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    3R
    Standard status
    Active
    APN
    028-130-022
    Lot size
    0.63 Acres

    Utilities

    Utilities
    Water Available
    Sewer type
    Public Sewer

    We can help!

    Listing Contact
    Kimberly Train

    Listing agent Kimberly Train License #02010407

    Listing office MOUNTAIN LIVING REAL ESTATE 307 POPLAR VALLEY ROAD, BLAIRSDEN, CA

    Listing date Feb 8, 2026

    MLS# 2600064 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.

    HighLights

    • Premier community in the Lost Sierra offering a blend of nature and luxury.
    • Access to Grizzly Creek with scenic trails, bridges, and trout fishing.
    • Enjoy top‑tier amenities including a fitness and recreation center with pool, spa, and sports courts.
    • Renowned Grizzly Ranch Golf Club designed by Bob Cupp.
    • Lake House with dining and bar overlooking the 18th green.
    • Convenient location 50 miles from Reno and Truckee.

    Overview

    Located in the Lost Sierra, this 0.63-acre land parcel is situated within the Grizzly Ranch community. The location offers access to Grizzly Creek, which flows from Lake Davis, and includes walking trails and trout fishing. Community amenities include a fitness and recreation center equipped with a swimming pool, spa, exercise room, bocce and badminton courts, and green spaces. Golfing is available at the Grizzly Ranch Golf Club, designed by Bob Cupp, with dining at the Lake House overlooking the 18th green. The property is located approximately 50 miles from Reno and Truckee.
    Property Profile Location Intelligence

    Current Use by Public Records

    Recreation land

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Nail Salon Building Supply Auto Repair Shop Pharmacy Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Portola
    County
    Plumas
    State
    California
    Longitude
    -120.418877
    Latitude
    39.839052

    Nearby Similar for Sale

    • $49,000

      Portola Land Development Opportunity

      Four lots near downtown Portola, CA, ideal for development.
      Taylor Avenue, Portola, CA 96122-0000
      View Details
    • $94,900

      Portola Land Mixed-Use Opportunity

      Seven lots in Portola, CA, ideal for mixed-use development.
      Second Street, Portola, CA 96122
      View Details
    • $50,000

      Plumas County 5-Acre Residential Land

      5-acre residential land parcel in Plumas County, California.
      350 Espinal DR, Portola, CA 96122
      View Details
    • $99,000
      1,920 SF

      Historic Bar in Old Town

      Turnkey bar business with a full liquor license for sale.
      190 Commercial Street, Portola, CA 96122-1212
      View Details
    • $15,000

      Grizzly Ranch Treed Parcel

      0.61-acre parcel in Grizzly Ranch community.
      20 S Ridge Road lot: 258, Portola, CA 96122
      View Details
    • $290,000
      1,540 SF

      Highway 70 Commercial Investment

      Prime commercial building with established tenant in Portola, CA.
      740 E Sierra Avenue, Portola, CA 96103-9999
      View Details
    • $69,000

      Portola Land For Sale

      Residential land in Portola, CA, ideal for a Sierra retreat.
      3484 Grizzly Road, Portola, CA 96122-0000
      View Details
    • $109,000

      Land Near Nakoma Resort Clubhouse

      Homesite near golf course and recreation center with resort amenities.
      1175 Great Spirit lot: 388, Portola, CA 96122
      View Details
    • $200,000

      Recreational Land Near Lake Davis

      Turnkey recreational land with RV hookups near outdoor activities.
      7938 Buckbrush Drive, Portola, CA 96122-0000
      View Details
    • $795,000

      Iconic Log Cabin Restaurant Opportunity

      Unique commercial property with highway frontage in the Lost Sierra.
      64 E Sierra Avenue, Portola, CA 96122
      View Details
    • $19,000

      Grizzly Ranch Golf Course Lot

      1.17-acre lot in gated golf community with amenities.
      69 Blacktail Ridge lot: 69, Portola, CA 96122
      View Details
    • $9,000

      Vacant Land in Portola, CA

      Vacant parcel near town, ideal for building a home.
      E Spruce Avenue, Portola, CA 96122
      View Details

    FAQs

    What type of property is this?
    Recreation land - Land in premier community with golf, recreation, and nature.
    Where is this recreation land located?
    The property is located at 78 S Ridge Road lot 256 Portola, CA.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Premier community in the Lost Sierra offering a blend of nature and luxury.; Access to Grizzly Creek with scenic trails, bridges, and trout fishing.; Enjoy top‑tier amenities including a fitness and recreation center with pool, spa, and sports courts.
    (530) 836-6830
    We can help!
    Listing Contact
    Kimberly Train
    Real Estate License ID: 02010407
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    78 S Ridge Road lot: 256, Portola, CA 96122
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!