17440 Grand Island Rd Walnut Grove, CA 95690
Estimated payment $5,275/month
Highlights
- Popular Property
- Access To Lake
- Deck
- Docks
- Lake View
- Wood Burning Stove
About This Home
Grand Island Waterfront Investment Opportunity - Fast 1031 Close, No Buyer Cost Rarely does a property like this become available. Situated on Long Island on Grand Island Road in Walnut Grove, this Waterfront home presents a unique dual-use opportunity for both personal enjoyment and income generation. Currently operating as a highly successful VRBO with a 9.8/10 guest satisfaction rating and 178+ reviews, the property offers investors a proven income stream with minimal overhead. Features include: Two private boat docks and a large storage by boat dock for personal or tenant use Newer roof and fully paid solar systemlow maintenance and energy-efficient VRBO permit transferable (requires 181 days owner occupancy annually) Well and septic systemsno public utility bills (Newer well installed) Spacious layout ideal for both full-time living and short-term rental income The seller is highly motivated and offers a fast close via 1031 exchange at no cost to the buyer. A true turnkey opportunity for investors or owner-occupants seeking lifestyle and income in one exceptional package.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,742
Year Built
- Built in 1960
Lot Details
- 5,637 Sq Ft Lot
- Back Yard Fenced
- Landscaped
Home Design
- Traditional Architecture
- Slab Foundation
- Composition Roof
Interior Spaces
- 1,909 Sq Ft Home
- 2-Story Property
- Wood Burning Stove
- Wood Burning Fireplace
- Free Standing Fireplace
- Living Room
- Open Floorplan
- Dining Room
- Lake Views
Kitchen
- Built-In Electric Oven
- Built-In Electric Range
- Range Hood
- Microwave
- Dishwasher
- Granite Countertops
- Disposal
Flooring
- Wood
- Laminate
Bedrooms and Bathrooms
- 3 Bedrooms
- Main Floor Bedroom
- Bathroom on Main Level
- 2 Full Bathrooms
- Granite Bathroom Countertops
- Separate Shower
Laundry
- Laundry Room
- Laundry on main level
- 220 Volts In Laundry
Home Security
- Video Cameras
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- 2 Carport Spaces
- No Garage
- Uncovered Parking
Outdoor Features
- Access To Lake
- Docks
- Balcony
- Deck
- Outdoor Storage
Utilities
- Central Heating and Cooling System
- Cooling System Mounted In Outer Wall Opening
- Window Unit Cooling System
- 220 Volts in Kitchen
- Well
- Septic System
- Internet Available
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 142-0150-010-0000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 |
|---|---|---|---|---|
| 2025 | $6,742 | $301,690 | $123,138 | $178,552 |
| 2024 | $6,742 | $295,775 | $120,724 | $175,051 |
| 2023 | $6,801 | $289,976 | $118,357 | $171,619 |
| 2022 | $6,668 | $284,291 | $116,037 | $168,254 |
| 2021 | $6,493 | $278,717 | $113,762 | $164,955 |
| 2020 | $6,336 | $275,860 | $112,596 | $163,264 |
| 2019 | $2,793 | $270,452 | $110,389 | $160,063 |
| 2018 | $2,858 | $265,150 | $108,225 | $156,925 |
| 2017 | $2,625 | $259,952 | $106,103 | $153,849 |
| 2016 | $2,579 | $254,856 | $104,023 | $150,833 |
| 2015 | $2,581 | $251,029 | $102,461 | $148,568 |
| 2014 | $2,555 | $246,112 | $100,454 | $145,658 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/14/2025 10/14/25 | Price Changed | $889,050 | +81.8% | $466 / Sq Ft |
| 10/14/2025 10/14/25 | For Sale | $489,000 | -- | $256 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Placer Title Company | |
| Grant Deed | $245,000 | Placer Title Company | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $240,562 | FHA |
Source: Bay Area Real Estate Information Services (BAREIS)
MLS Number: 225133085
APN: 142-0150-010
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Listing information deemed reliable but not guaranteed. Copyright 2025 Bay Area Real Estate Information Services, Inc. All Right Reserved.
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