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$1,899,000
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Property Description
A truly rare Northern California offeringapproximately 265 acres of usable, private land combining documented water rights, natural springs, existing income, and expansive development potential. This is not just landit is a self-sustaining asset with vision-driven upside. The property includes two existing residences (one currently rented and one vacant) with combined rental potential of approximately $2,798/month, providing immediate usability and supplemental income. In addition, the property generates consistent hydroelectric and utility-related revenue historically averaging approximately $8,500 to $9,000 annually based on prior 1099 reporting. Total stabilized income potential is estimated at approximately $40,000+ per year (buyer to verify). What truly sets this property apart is its exceptional water profile. The land includes multiple artesian springs that have historically provided reliable, year-round water. Additionally, the property includes documented senior pre-1914 appropriative water rights originally recorded in 1899, along with riparian rights along Hatchet Creek, an increasingly rare and valuable asset in California (buyer to verify all water rights and usage). Zoned "U" (Unclassified), the property offers broad flexibility for a wide range of potential uses including agricultural operations, vineyard development, eco-lodge or glamping concepts, wellness or spiritual retreat, energy development potential, or long-term land holding with income. The setting is expansive and private, featuring a mix of open usable land, natural landscape, and historic character, including a barn dating back to approximately 1895. The property has also previously attracted interest from solar and energy developers, further highlighting its long-term potential. Whether you are seeking a large-scale land investment, a development opportunity, or a rare property with water, income, and flexibility, this offering presents a unique combination that is increasingly difficult to find. Seller owns the property free and clear and is open to negotiating flexible seller financing terms. Buyer to verify all information including zoning, income, water rights, and potential uses.
Full Property Details
Full Property Details for 20441 Cove Rd
General
- Price: $1,899,000
- Status: Active
- Type: Lots/Land
- Source: CLAW
- MLS ID: 26673169
- Updated: 4/4/2026
- Added to Site: 8 day(s) ago
Location
- Area: 7101
- County: Shasta
- Driving Directions: From HWY 299, take a left on Woodhill Drive then turn right on Cove Drive. Stay right on Cove Drive then a right on Hoffman Place. Continue on Hoffman Place and the home will be on the right.
Utilities
- Sewer: Septic Tank
- Water: Private
Lot Features
- Property View: Water, Trees/Woods, Tree Top, Skyline, Rocks, Mountains, Panoramic, Hills, Green Belt, Creek/Stream, River
- Lot Size (Acres): 264.2
- Lot Size: 11508552
- Lot Size Source: Vendor Enhanced
- Lot Description: Agricultural, Farm, Horse Property, Ranch, Yard, Value In Land
Horse Property
- Horse Property: Yes
Disclosures and Reports
- Disclosures/Reports: As Is
- APN: 027-060-067-000
Listed by The Estates Group, Derek Saelee
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Schools
Schools serving 20441 Cove Rd
School Districts:Mountain Union Elementary School District, Shasta Union High School District
| Name | Grades | Distance |
|---|---|---|
Montgomery Creek Elementary School 30365 California 299, Montgomery Creek, CA 96065 | K-8 | 2.6 mi |
Foothill High School, Palo Cedro, CA 9733 Deschutes Road, Palo Cedro, CA 96073 | 9-12 | 26.7 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 20441 Cove Rd
Date
Details
Price
Change
Source
4/03/2026
Listed
$1,899,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 20441 Cove Rd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,416
2%
$332,215
4%
2023
$3,365
3%
$319,317
2%
2022
$3,281
2%
$313,056
2%
2021
$3,214
—
$306,919
1%
2020
$3,221
3%
$303,772
2%
2019
$3,137
1%
$297,817
2%
2018
$3,107
1%
$291,978
2%
2017
$3,073
6%
$286,254
2%
2016
$2,899
1%
$280,642
2%
2015
$2,857
1%
$276,427
2%
2014
$2,823
1%
$271,013
—
2013
$2,801
—
$269,789
—
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 20441 Cove Rd
20441 Cove Rd, Montgomery Creek, CA 96065 (MLS# 26673169) is a Lots/Land property with a lot size of 264.2000 acres. 20441 Cove Rd is currently listed for $1,899,000 and was received on April 03, 2026. Want to learn more about 20441 Cove Rd? Do you have questions about finding other Lots/Land real estate for sale in Montgomery Creek? You can browse all Montgomery Creek real estate or contact a Coldwell Banker agent to request more information.
