ActiveResidential · sale

6162 State Highway 70

, CA 95980

$2,300,000

  • 6.39 acres
  • Built 1940

Listed by Keller Williams Realty Chico Area · MLS #SN25175040

6162 State Highway 70, , CA 95980 — photo 1 View full photo
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A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 1940.

Property size

6.39 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Welcome to the Historic Tobin Resort located in the heartbeat of the Feather River Canyon and the hidden gem of Plumas County As you listen to the sounds of the nearby waterfalls you see Tobin Resort is special Rare Unique Its where people recharge awaken connect and come alive Guests intentionally go out of their way to enjoy the experience time after time Whether its enjoying the river on a hot day white water rafting hosting bonfires under the stars reading your favorite novel in peace and quiet celebrating with family and friends or turning guests into lifelong friends Tobin is a place that knows how to deliver unforgettable moments Laughter echoes off the canyon walls Meals are shared on decks with mountain views Every day brings a chance to explore unwind connect and have some darn funStep inside the lodge and you enter living history With roots dating back to the 1800s this hall has long served as a gathering place where people came to rest and reconnect after long days of work in the mountains The original Tobin post office still standing tall and in operation as recently as the last decade remains perfectly intact within its walls mailroom and all A fully equipped kitchen and office complete the space blending function and modernity with timeless heritageAcross over six acres 15 cabins offer shared spaces studio sanctuaries and cozy retreats delivering charm and variety throughout the property In addition to the cabins are the Gallery and Antique Shop unique spaces that add character and functionality to the estate Oh and when was the last time you experienced Bucks Creek Well Tobin Trail begins right on the grounds of Tobin Resort and leads you directly there a walk away from more history beauty and adventureThis onceinalifetime opportunity includes a fully operational resort offering unforgettable experiences and incomegenerating businesses plus ownership of nearly onethird of the entire town of Tobin Ready to own a resort that commands a large part of the town and with it a powerful piece of its history Whether youre envisioning a family retreat or a boutique resort that becomes the goto local coffee stop or a peaceful change of pace and a new community to call home this property delivers joy adventure and income Tobin Resort isnt just a place to stay its where people return year after year story after story Now its your turn to take the lead
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THE NEIGHBORHOOD

Explore the location.

6162 State Highway 70, , CA 95980

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THE DETAILS

The details, all in one place.

Property type
ResidentialIncome
Category
Residential
Year built
1940
Garage spaces
0
Cooling
CentralAir,WallWindowUnits
Heating
Central,Fireplaces
Appliances
Dryer,Washer
Utilities
CableConnected,ElectricityConnected,Propane,SewerAvailable,SewerConnected,UndergroundUtilities,WaterConnected
Pool
No
Pool features
None
Zoning
REC-NEC
Parcel
002320007000
HOA fee
$0.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase—
Estimated monthly rent$9,583.33
Cap rate—

Annual operating income: —

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Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interest—Loan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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6162 State Highway 70, , CA 95980 · MLS #SN25175040

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Your purchase plans

Property inquiries go to help@erabrokers.com.

Listing information

MLS #SN25175040 · California Regional MLS

Listing brokerage: Keller Williams Realty Chico Area
Listing agent: Marissa Thomas

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.