18390 Fair Oaks Drive
Penn Valley, CA 95946

This stunningly remodeled home boasts breathtaking mountain views and is situated in the highly coveted Lake Wildwood Private Golf Community. This community offers a private 300-acre lake, perfect for water activities such as sailing, water skiing, wakeboarding, pontoon boating, kayaking, and fishing. The multi-level home features two incredible balconies and ample storage throughout. Located in a peaceful and private setting, this property is conveniently situated just an hour away from Lake Tahoe (home to ski resorts and casinos) and Sacramento International Airport. Nearby Grass Valley and Nevada City are historic tourist destinations with an array of interesting shops, restaurants, inns, and local wineries that offer daily tours and tastings. The property is also surrounded by California's most beautiful state parks, hiking trails, and local lakes. Currently generating a monthly rental income of $3,500, this home is an excellent investment opportunityThe property can be bought individually or as part of a package deal along with other listings in the portfolio. The sellers are willing to offer a discount for the purchase of the entire portfolio.With a net operating income of $412,668, the cap rate for this property is impressive.MLS #s included 223020910,223020935,223020889