$869,500

Estimated payment $5,041/month

Total Views 6,592
3 Beds
2 Baths
2,859 Sq Ft
$304 Price per Sq Ft

Highlights

  • Horses Allowed On Property
  • Contemporary Architecture
  • No HOA
  • Placer High School Rated A-
  • Window or Skylight in Bathroom
  • Separate Outdoor Workshop

About This Home

Unlock the potential of this rare income-producing property featuring a triplex on two acres, tucked away in a peaceful, private setting just minutes from town. Whether you're looking to expand your investment portfolio, offset your mortgage by living in one home while renting the others, or create a multi-generational living opportunity, this property offers exceptional flexibility. The property has a proven history of consistent rental income and includes: 105 Covey Road - A charming 1-bedroom, 1-bath home currently generating $1,800 per month. 111 Covey Road - A 2-bedroom, 1-bath home with projected rental income of $2,175 per month, currently vacant and ready for a new tenant or owner occupancy. 115 Covey Road - A spacious 3-bedroom, 2-bath home currently leased for $2,500 per month. All three residences are in good condition, offering immediate income potential with minimal upfront work. The current rental configuration produces strong cash flow while still providing the flexibility to occupy the vacant home yourself, making it an ideal opportunity for both investors and owner-occupants. Properties like this are difficult to find with a private setting, multiple income streams, and the versatility to fit a variety of investment strategies. Whether you're seeking dependable passive income or a property that helps pay for itself, this is an opportunity you won't want to miss.

Listing Agent

Eric Hatch

Century 21 Cornerstone Realty License #01180864 Listed on: 07/01/2026

Century 21 Cornerstone Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1963

Lot Details

  • 2.1 Acre Lot
  • Irregular Lot

Parking

  • 4 Open Parking Spaces

Home Design

  • Contemporary Architecture
  • Raised Foundation
  • Slab Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 2,859 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Family or Dining Combination
  • Laundry in unit

Kitchen

  • Built-In Electric Range
  • Ceramic Countertops

Flooring

  • Carpet
  • Linoleum
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Window or Skylight in Bathroom

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Separate Outdoor Workshop

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Hay Storage

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • Gas Tank Leased
  • Water Heater
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 053-050-017-000

Home Details

Home Type

Single Family

Year Built

Built in 1963

Lot Details

2.1 Acres

Listing Details

  • Property Type: Residential
  • Subtype Description: Detached
  • Property Subtype 1: 3+ Houses on Lot
  • Remodeled Updated: No
  • Stories: 1
  • Year Built: 1963
  • Architectural Style: Ranch, Contemporary
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Electric Range, Free Standing Refrigerator
  • Fireplace Features: Family Room
  • Fireplaces: 1
  • Flooring: Carpet, Linoleum, Vinyl
  • Total Bathrooms: 2
  • Bathroom Features: Tub w/Shower Over, Window
  • Dining Room Features: Dining/Family Combo, Space in Kitchen
  • Kitchen Features: Ceramic Counter
  • Living Room Features: Other
  • Main Level: Bedroom(s), Dining Room, Family Room, Full Bath(s), Kitchen
  • Price Per Square Foot: 304.13
  • Square Footage: 2859.00

Exterior Features

  • Other Structures: Workshop
  • Construction Materials: Frame, Wood
  • Foundation: Raised, Slab
  • Home Warranty: No
  • Horse Property: Yes
  • Listing Price: 869500.00
  • Lot Features: Shape Irregular
  • New Construction: No
  • Pool: No
  • Road Surface Type: Asphalt
  • Roof: Composition
  • Spa: No
  • Topography: Rolling,Rolling
  • Land Use: Residential
  • Second Unit Kitchen: Yes

Garage/Parking

  • Open Parking Spaces: 4.00
  • Parking Features: Uncovered Parking Space, Uncovered Parking Spaces 2+

Utilities

  • Security: Carbon Mon Detector, Double Strapped Water Heater, Smoke Detector
  • Sewer: Septic System
  • Utilities: Propane Tank Leased
  • Cooling: Central
  • Electric: 220 Volts
  • Heating: Central
  • Laundry Features: Inside Area
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Placer Union High

Lot Info

  • Horse Amenities: Hay Storage
  • Zoning: RES
  • Irrigation: None
  • Lot Size Acres: 2.1000
  • Lot Size Sq Ft: 91476.00

Multi Family

  • Unit 2 Partial Bathrooms: 0
  • Unit 2 Description: attached
  • Unit 2 Occupied: Yes
  • Unit 2 Type: 2nd Unit Detached

Tax Info

  • Assessor Parcel Number: 053-050-017-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Placer

Map

Range of Values:

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Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $3,198 $316,019 $132,818 $183,201
2025 $3,198 $309,823 $130,214 $179,609
2023 $3,206 $297,794 $125,158 $172,636
2022 $3,157 $291,955 $122,704 $169,251
2021 $3,044 $286,232 $120,299 $165,933
2020 $3,022 $283,298 $119,066 $164,232
2019 $2,967 $277,744 $116,732 $161,012
2018 $2,806 $272,299 $114,444 $157,855
2017 $2,756 $266,960 $112,200 $154,760
2016 $2,698 $261,726 $110,000 $151,726
2015 $2,736 $274,943 $127,881 $147,062
2014 $2,693 $269,558 $125,376 $144,182
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/01/2026 07/01/26 For Sale $869,500 -- $304 / Sq Ft
Source: MetroList

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Grant Deed $44,500 Orange Coast Title Co Norcal
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Fidelity Natl Title Co Of Ca
Interfamily Deed Transfer -- Fidelity Title
Interfamily Deed Transfer -- Sierra Valley Title
Individual Deed $230,000 North American Title Guarant
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $35,000 Credit Line Revolving
Previous Owner $20,000 Credit Line Revolving
Previous Owner $187,000 Unknown
Previous Owner $184,000 Purchase Money Mortgage
Source: Public Records

Source: MetroList

MLS Number: 226082733

MetroList

APN: 053-050-017

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