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$895,000
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Property Description
Explore this rare opportunity to own a multi-family income producing acreage property with the possibility to add a 3rd residence. Residence A was built in 2024 with 2 bedrooms and 1 bath, while Residence B is 2 bedrooms and 2 baths, plus a 3rd separate detached bedroom suite. There are limitless ways to utilize this beautiful property, situated perfectly on 5.53 level acres. Nestled among towering pines in the heart of Portola's scenic Lost Sierra, 122 Pine Knoll offers a combination of lifestyle, flexibility, and investment opportunity. Featuring two separate homes down a private road, each with its own distinctive architectural style and charm, the property is perfectly suited for a variety of uses-from income-producing rentals to a multi-generational family retreat. Located just minutes from Chalet View Lodge, one of the region's most sought-after event venues, the property presents exceptional short-term rental potential. Accommodate wedding guests, vacationers, outdoor enthusiasts, or enjoy a live-in investment strategy by residing in one home while generating income from the other through short-term or long-term rentals. For families and second-home buyers, the possibilities are equally appealing. Create your own private vacation compound where multiple generations or families can gather together while enjoying the comfort and privacy of separate residences. With room to roam and easy access to golf, fishing, hiking, mountain biking, lakes, rivers throughout the Lost Sierra, this is a property designed for making memories. Residence A is a newer build with a Mountain Modern vibe, featuring a great room with vaulted ceilings, plenty big enough to gather. High-end finishes, professional grade appliances, a richly stained butcher block island and two-toned cabinetry give this home an elegant but functional style. Rounding out the 2 bedrooms and 1 beautifully appointed bathroom are 2 attached, but separate, 2 car garages for parking and storage for all your recreational toys. Residence B is an inviting, rustic cabin with a covered wrap around porch. From the vaulted wood ceiling to the wood burning stove, this home is full of woodsy quality built mountain charm. Adding to the list of amenities is an enclosed loft (currently furnished with 3 twin beds) with a pull down ladder, a large outdoor storage shed and a 2nd shed that's been convenient for extra sleeping quarters, complete with heaters and ceiling fan. This space would be great for an art or exercise studio as well. Residence B also features an ensuite bedroom, a secondary bedroom, full guest bath and ample storage for all your needs. Come experience a mountain lifestyle and explore the possibilities at 122 Pine Knoll Court.
Full Property Details
Full Property Details for 122 Pine Knoll Ct
General
- Price: $895,000
- Status: Active
- Type: Multi-Family
- Source: Plumas_MLS
- MLS ID: 2600683
- Updated: 7/1/2026
- Added to Site: 19 day(s) ago
Interior
- Interior Features: Stall Shower, Tub Shower, Vaulted Ceiling(s), Window Treatments, Loft, Pantry
- Flooring: Carpet, Laminate, Tile
Exterior
- Exterior Features: Porch, Patio
- Porch/Patio/Deck: Patio, Porch
Parking
- Attached garage: Yes
- Garage Spaces: 3
- Parking Features: Asphalt
Location
- Area: Portola
- County: Plumas
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Forced Air, Wood Stove
Utilities
- Water: Well
- Well: Yes
- Utility Description: Electricity Available, Propane, Sewer Available, Water Available
Structural Information
- Detached/Attached: Detached
- Construction: Frame, Wood Siding
- Basement Desc.: None
- Roof: Composition, Metal
- Windows: Double Pane Windows
- Stories/Levels: 1
- Square Feet: 2,500
- Living Area: 2,500 Sq. Ft.
Additional Structures
- Other Structures: Shed(s)
Lot Features
- Property View: Scenic
- Lot Size (Acres): 5.53
- Topography: Level
- Lot Features: Level
- Development Status: Completed
- Zoning: S-3
- Fencing (Description): None
Financial Considerations
- For Sale: Yes
- For Sale/Rent/Lease: For Sale
- Terms: Cash, Cash to New Loan
Disclosures and Reports
- Property ID: 131-060-012
Listed by Real, Kristi Ghent
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Schools
Schools serving 122 Pine Knoll Ct
School District:Plumas Unified School District
| Name | Grades | Distance |
|---|---|---|
C. Roy Carmichael Elementary School 895 West Street, Portola, CA 96122 | K-6 | 3.5 mi |
Pioneer/Quincy Elementary School 175 South Mill Creek Road, Quincy, CA 95971 | K-6 | 22.1 mi |
Indian Valley Elementary School, Greenville, CA 225 Grand Street, Greenville, CA 95947 | K-6 | 32.7 mi |
Portola Junior/Senior High School 155 6th Avenue, Portola, CA 96122 | 7-12 | 3.7 mi |
Quincy Junior/Senior High School 6 Quincy Junction Road, Quincy, CA 95971 | 7-12 | 23.9 mi |
Greenville Junior/Senior High School 117 Grand Street, Greenville, CA 95947 | 7-12 | 32.7 mi |
Chester Elementary School 158 Aspen Street, Chester, CA 96020 | K-6 | 51.3 mi |
Chester Junior/Senior High School 612 First St., Chester, CA 96020 | 7-12 | 51.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 122 Pine Knoll Ct
Date
Details
Price
Change
Source
6/24/2026
Listed
$895,000
262.35%
MLS
9/22/2017
Sold
$247,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 122 Pine Knoll Ct
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,205
24%
$487,567
2%
2023
$4,204
—
$478,008
21%
2023
$4,204
46%
$394,127
49%
2022
$2,874
3%
$264,831
2%
2021
$2,788
-2%
$259,640
1%
2020
$2,853
2%
$256,978
2%
2019
$2,795
5%
$251,940
2%
2018
$2,674
3%
$247,000
28%
2017
$2,603
33%
$193,637
2%
2016
$1,956
1%
$189,841
2%
2015
$1,929
2%
$186,990
2%
2014
$1,894
-15%
$183,328
-15%
2013
$2,226
—
$215,795
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 122 Pine Knoll Ct
122 Pine Knoll Court, Portola, CA 96122 (MLS# 2600683) is a Multi-Family property with 2 units containing 0 bedrooms and 0 full bathrooms. 122 Pine Knoll Court is currently listed for $895,000 and was received on June 24, 2026. Want to learn more about 122 Pine Knoll Court? Do you have questions about finding other Multi-Family real estate for sale in Portola? You can browse all Portola real estate or contact a Coldwell Banker agent to request more information.

