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Agricultural Land with Mountain Lake
For Sale
$2,975,000

APN 047 State Route 89, Markleeville, CA 96120

Land, Markleeville, CA

Property SizeContact for details
Lot Size571.50 Acres
Days on Market273

Property Features for APN 047 State Route 89

General Information

Property type Land
Property subtype Other
Zoning varies
Lot features Adjoins B L M/ B I A Land, Adjoins Lake, Greenbelt, Meadow, Wooded
View Valley
Elementary school Diamond Valley
Middle school Diamond Valley
High school Douglas
Standard status Active
APN 002-230-047-000
Lot size 571.50 Acres

Taxes and HOA fees

Tax Annual Amount 15523

Utilities

Utilities Electricity Available
Sewer type Septic Needed
Water source Well Needed
Water front 1

Building Details

Additional Structures Outbuilding
Listing Agency: Intero · Intero Real Estate Services
Listed By: Teddy McKone · License #B.1000684
Added: Nov 29, 2025 Changed: Aug 20 Last Checked: Aug 29 at 2:06AM
MLS# 250058648

Copyright © 2026 Northern Nevada Regional MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 571.5-acre agricultural land holding consists of four parcels: two 40-acre tracts, a 325.6-acre parcel, and a 165.9-acre parcel. The property includes forest, open meadow, pasture, a small mountain lake, a year-round stream, seasonal streams, and a seasonal pond. Surface irrigation water rights serve the meadow and pasture, which have been seasonally leased for cattle grazing. Two recently built log carports and a large pad suitable for a shop building are also present.

Three entry points connect the property to Scenic Hwy 89. The northern portion includes a stretch of Indian Creek, while the western portion of Summit Lake lies within the property. Surrounding holdings include BLM land, the Indian Creek Recreation Area, South Tahoe PUD, and a limited area of private property. Electricity is available; a well and septic system are needed. The property is near Markleeville and provides access to the broader Lake Tahoe, Carson Valley, Kirkwood, and Heavenly areas.

Key Highlights

  • 571.5 acres across four parcels: two 40‑acre tracts, 325.6 acres, and 165.9 acres
  • Open meadow and pasture with surface irrigation water rights and seasonal cattle grazing lease history
  • Small mountain lake, year‑round stream, seasonal streams, and seasonal pond

Property Analytics

Current Use

Waterfront Land

Lease Details

Yes
Highway access
Yes
Paved road access
Yes
Water rights

Location Intelligence

Trade Area within ½ mile

1
Businesses Nearby

Demographics for 96120, CA

955
Population
590
Households
1.6
Avg Household Size
51
Median Age
31%
College-Educated
96%
High-School Grad
226.5 sq mi
ZIP Area
4
Density / Sq Mi
$100,909
Median Household Income
$33,261
Median Earnings
$481,300
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Agricultural land / Farmland - Four parcels combine meadow, pasture, forest, and surface irrigation water rights in a Sierra Nevada setting.
Where is this agricultural land / farmland located?
The property is located at APN 047 State Route 89 Markleeville, CA.
What is the asking price?
The asking price for this property is $2,975,000.
What are key features of this property?
This property features: 571.5 acres across four parcels: two 40‑acre tracts, 325.6 acres, and 165.9 acres; Open meadow and pasture with surface irrigation water rights and seasonal cattle grazing lease history; Small mountain lake, year‑round stream, seasonal streams, and seasonal pond
More about this property
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