40443 Volcano Ln Hat Creek, CA 96040
This exceptional multifamily property in Hat Creek, CA, presents a unique investment opportunity. Nestled on over 10 acres bordering Lassen National Forest, this stunning estate boasts unobstructed mountain and sky views, ideal for stargazing. The main house, built in 1471, offers approximately 2600+ square feet of living space, including three bedrooms and two bathrooms. Features include an open floor plan with vaulted ceilings, travertine tile heated floors, a gas-lite stove, and a large back deck. The owner's suite features two closets (one walk-in), a jetted tub, dual sinks, a separate shower, and a private deck. A finished two-car attached garage provides ample storage, while a detached two-car garage/shop, currently used as a studio with red oak floors and an additional deck, offers significant potential for expansion or conversion into a guest suite with a bath and laundry. This versatile space includes concrete floors, 220 power, plumbed air lines, a built-in workbench and cabinets, and electric garage door openers. The property also benefits from a solar water heater and a high-capacity well pump. Its proximity to rivers, lakes, and streams, along with thousands of acres of public land, provides unparalleled recreational opportunities. The asking price for this remarkable property is $445,000. This is a rare chance to acquire a substantial multifamily property with exceptional features and breathtaking natural surroundings.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty description
Physical attributes from public recordsZoning & alternative use
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Risks
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