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$600,000
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Property Description
Exceptional opportunity to acquire a 26-space mobile home park offered at $550,000, equating to approximately $21,150 per space, well below typical market pricing and positioned for a quick sale due to seller health circumstances. The property currently has rents ranging from $500 to $600 per month and presents a value-add opportunity, as current operations are not yet optimized and the asset is not presently producing positive cash flow. This creates significant upside for an investor to improve management, fill spaces with RV or Mobile/Manufactured Homes, and enhance overall performance. Once stabilized, the property has the potential to deliver a projected cap rate exceeding 15%, making it an attractive repositioning opportunity in the resilient affordable housing sector. In addition, ownership offers valuable depreciation tax benefits, which may help offset taxable income and improve overall returns (buyers to verify with their tax advisor). Offering private financing with $170,000 down, providing a flexible acquisition structure and reducing reliance on traditional lending. This is a rare chance to acquire a below-market asset with substantial upside and long-term growth potential.
Full Property Details
Full Property Details for 245 Railroad Flat Rd
General
- Sold For: $600,000
- Status: Closed
- Type: Single Family
- Source: METROLIST_Cali
- MLS ID: 226042912
- Added to Site: 94 day(s) ago
Interior
- Flooring: Other
Additional Information
- Other Features: Other
Parking
- Parking: Private
Location
- County: Calaveras
- Cross Streets: Ridge Rd
- Driving Directions: From Mokelune Hill, take hwy 26 east, turn right on Ridge Rd, turn right on Railroad Flat Rd., property is on left.
- Location Details: Other
Heating & Cooling
- Cooling Type: Other
- Heating Type: Other
Utilities
- Sewer: Septic System
- Water: Private
- Utility Description: Telephone, Internet Available, Propane
Structural Information
- Construction: Other
- Roof: Other
- Stories/Levels: 0
- Square Feet: 264
- Year Built: 1960
Lot Features
- Lot Size (Acres): 7.41
- Lot Size (Sq. Ft.): 322,780
- Irrigation System: Irrigation Available
- Topography: Lot Sloped
- Zoning: MHP
Disclosures and Reports
- Special Conditions: None
- APN: 014-014-088-000
Listed by eXp Realty of California, Inc.
Sold by Non-MLS Office
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Schools
Schools serving 245 Railroad Flat Rd
School District:Calaveras Unified School District
| Name | Grades | Distance |
|---|---|---|
Calaveras High School 350 High School Street, San Andreas, CA 95249 | 9-12 | 12.7 mi |
Toyon Middle School 3412 Double Spring Rd., Valley Springs, CA 95252 | 7-8 | 15.3 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 245 Railroad Flat Rd
Date
Details
Price
Change
Source
6/30/2026
Sold
$600,000
9.09%
MLS
4/08/2026
Listed
$550,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
245 Railroad Flat Road, Rail Road Flat, CA 95245 (MLS# 226042912) is a Single Family property that was sold at $600,000 on June 30, 2026. Want to learn more about 245 Railroad Flat Road? Do you have questions about finding other Single Family real estate for sale in Rail Road Flat? You can browse all Rail Road Flat real estate or contact a Coldwell Banker agent to request more information.

