$3,495,000
PENDING

22440 State Highway 89 Calpine, CA 96124

Estimated payment $20,113/month

Total Views 3,769
5 Beds
4 Baths
3,116 Sq Ft
$1,122 Price per Sq Ft

About This Home

For generations, Calpine Ranch has been part of the fabric of Sierra Valley. Set against the backdrop of the Sierra Nevada, this extraordinary property encompasses approximately 532± acres across three contiguous parcels, where productive irrigated pasture, water resources, and well-established ranch infrastructure come together in one of Northern California's most significant private landholdings. Fletcher Creek and Spring Creek flow through the ranch, complemented by adjudicated water rights and an artesian well that have sustained productive pasture and ranch operations for generations. Improvements include two residences, including the original ranch home with an attached former bunkhouse, an approximately 6,000-square-foot shop, barn with tack room, feed room, runouts, multiple corrals, and the well-developed infrastructure suited for cattle and equestrian operations. Whether continuing its agricultural heritage, creating an exceptional equestrian property, or preserving it as a private family holding, Calpine Ranch offers a rare opportunity to become the next steward of one of Sierra Valley's landmark properties. Conveniently located approximately 35 minutes from Truckee and about one hour from Reno-Tahoe International Airport, it offers remarkable privacy with convenient year-round access.

Listing Agent

Camille Duvall-Hero

Sierra Sotheby's Int - Rock License #02106267 Listed on: 07/14/2026

Sierra Sotheby's Int - Rock

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1885

Property Views

  • Panoramic
  • Meadow

Home Details

Home Type

Single Family

Year Built

Built in 1885

Lot Details

532 Acres

Listing Details

  • Directions: Hwy 89 to Sierraville. Left at signal, right at Y, 2.6 mi. Ranch on right.
  • Topography: Level,Gently Rolling
  • Year Built: 1885
  • Cross Street: Calpine Road
  • Property Condition: Used
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Co List Office Mls Id: SSIRROCK
  • Subdivision Name: Sierra County
  • Special Features: VirtualTour

Interior Features

  • Furnished: Unfurnished
  • Full Bathrooms: 4
  • Total Bedrooms: 5

Exterior Features

  • View: Panoramic, Mountain(s), Meadow

Lot Info

  • Lot Size Sq Ft: 23173920
  • Land Lease Expiration Date: 2027-07-13
  • Zoning Description: AG/RURAL GEN

Green Features

Multi Family

Tax Info

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $10,842 $1,190,000 $695,000 $495,000
2025 $10,842 $1,045,000 $630,000 $415,000
2023 $11,542 $1,115,000 $695,000 $420,000
2022 $16,340 $1,515,931 $955,968 $559,963
2021 $15,813 $1,486,208 $937,224 $548,984
2020 $15,699 $1,470,969 $927,614 $543,355
2019 $15,571 $1,441,727 $909,026 $532,701
2018 $16,678 $1,405,126 $884,340 $520,786
2017 $16,678 $1,377,000 $867,000 $510,000
2016 $13,055 $1,080,000 $745,000 $335,000
2015 $10,921 $813,087 $545,000 $268,087
2014 $7,598 $693,275 $470,000 $223,275
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
07/24/2026 07/24/26 Pending -- -- --
07/14/2026 07/14/26 For Sale $3,495,000 -- $1,122 / Sq Ft
Source: Tahoe Sierra Board of REALTORS®

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 $1,350,000 Cal Sierra Title Company
Grant Deed $3,250,000 United Independent Title Ins
Source: Public Records

About the Listing Agent

Camille Duvall-Hero

Sierra Sotheby's Int - Rock

(530) 479-3763

Section Image

Camille Duvall brings big-market polish and deep local expertise to the Tahoe real estate scene. A licensed broker in both California and Nevada and a former VP at Sierra Sotheby’s, she has represented buyers and sellers across the region—from a $5.6M lakefront estate to $2M lakefront condos and homes throughout Olympic Valley, Truckee, and the West Shore. She launched her career in Manhattan, where her average sale price was $8.5 million. Camille is also a 5-time World Champion water skier, a

Camille's Other Listings

  • 200 E Main St, Sierraville, CA 96126

    $950,000 $170K PRICE DROP

    • 5 Beds
    • 4.5 Baths
    • 3,204 Sq Ft
    • 200 E Main St
    • Sierraville, CA

    Cottonwood Creek Farmhouse is a true rebuildnot a cosmetic refresh.Originally constructed in the late 1800s, the home has been comprehensively reconstructed with a new engineered foundation, new roof, updated structural framing, all-new electrical and plumbing, new kitchens and bathrooms, and a modern mechanical system including a tankless water heater. While the historic farmhouse form remains,

    Camille Duvall-Hero Sierra Sotheby's Int'l Realty

    Section Image
  • 2475 Drake Wood Ct, Reno, NV 89523

    $2,095,000 New Construction

    • 4 Beds
    • 3.5 Baths
    • 3,402 Sq Ft
    • 2475 Drake Wood Ct
    • Reno, NV

    Set within the gated Champion Hills enclave of Somersett beneath Peavine Peak and the Sierra Nevada Mountains, this exceptional 2020 contemporary residence offers luxury living with sweeping golf course and mountain views. The single-level floor plan features 4 bedrooms, 3.5 baths, and more than 3,400 square feet of living space filled with natural light. Rich stone, warm granite surfaces, custom

    Camille Duvall-Hero Sierra Sotheby's International

    Section Image
  • 120 State Route 28 Unit 6, Crystal Bay, NV 89402

    $4,900,000

    • 2 Beds
    • 2.5 Baths
    • 1,726 Sq Ft
    • 120 State Route 28
    • Unit 6
    • Crystal Bay, NV

    With panoramic lake views sweeping across Lake Tahoe, this exquisitely reimagined Stillwater Cove residence embodies refined mountain luxury. A comprehensive redesign of this two-bedroom two-and-a-half-bath home reveals custom cabinetry, artisan finishes, and architectural lighting throughout. The great room with its granite-clad fireplace and chef’s kitchen open to a spacious lakeview deck,

    Camille Duvall-Hero Sierra Sotheby's Int - Rock

    Section Image
  • 120 State Route 28 Unit 24, Crystal Bay, NV 89402

    $3,990,000

    • 2 Beds
    • 2.5 Baths
    • 1,810 Sq Ft
    • 120 State Route 28
    • Unit 24
    • Crystal Bay, NV

    At the highest point within Stillwater Cove, Residence #24 commands elevated waterfront views across the northern edge of Lake Tahoe, framing Incline Village and Diamond Peak in the distance. From this vantage, the marina and shoreline sit below while mountain ridgelines rise beyond, creating a layered perspective that feels private and composed.This generously scaled two-bedroom is designed for

    Camille Duvall-Hero Sierra Sotheby's Int'l Realty

    Section Image
  • Unlisted Address

    $3,990,000 $405K PRICE DROP

    • 2 Beds
    • 2.5 Baths
    • 1,821 Sq Ft

    Legendary Stillwater Cove Gated. Private. Lakefront. At the highest point within Stillwater Cove, Residence #24 commands elevated waterfront views across the northern edge of Lake Tahoe, framing Incline Village and Diamond Peak in the distance. From this vantage, the marina and shoreline sit below while mountain ridgelines rise beyond, creating a layered perspective that feels private and

    Camille Duvall-Hero Sierra Sotheby's International Realty

    Section Image
  • 725 Granlibakken Rd Unit 40, Tahoe City, CA 96145

    $565,000

    • 2 Beds
    • 2 Baths
    • 792 Sq Ft
    • 725 Granlibakken Rd
    • Unit 40
    • Tahoe City, CA

    Not all Granlibakken AB units are created equal. Residence 40 is a rare ground-level configuration with private entrances and private decks on both sides, creating a more residential feel and exceptional flexibility for owners and guests alike. Thoughtfully updated and sold furnished, this lock-off floor plan offers the flexibility today's Tahoe buyers are looking for. Enjoy one side while

    Camille Duvall-Hero Sierra Sotheby's Int - Rock

    Section Image
  • 7282 9th Ave, Tahoma, CA 96142

    $1,325,000

    • 3 Beds
    • 4 Baths
    • 2,281 Sq Ft
    • 7282 9th Ave
    • Tahoma, CA

    West Shore Lake Tahoe BasecampTall pines out back, trail access nearby, and the clean mountain air of Lake Tahoe - this West Shore home checks all the right boxes.Set on the West Shore of Lake Tahoe in Tahoma's Tahoe Cedars neighborhood, this three-bedroom, two-and-a-half-bath home sits beside a conservancy-owned lot, creating privacy and an open, wooded setting. Tahoe Cedars is known for its

    Camille Duvall-Hero Sierra Sotheby's Int'l Realty

    Section Image
  • 12465 Pine Forest Rd, Truckee, CA 96161

    $1,225,000 Sold Jun 17, 2026

    • 3 Beds
    • 2.5 Baths
    • 2,150 Sq Ft
    • 12465 Pine Forest Rd
    • Truckee, CA

    Set in Prosser Lakeview, this thoughtfully designed custom mountain home is defined by a welcoming double-height entry and vaulted ceilings with exposed timber trusses. The great room unfolds with a dramatic wall of windows and a floor-to-ceiling stacked stone gas fireplace, all positioned near the Tahoe National Forest and moments from Prosser Creek Reservoir, with immediate access to trails and

    Camille Duvall-Hero Sierra Sotheby's Int - Rock

  • 15389 Archery View, Truckee, CA 96161

    $725,000 Sold Jun 15, 2026

    • 3 Beds
    • 2 Baths
    • 1,246 Sq Ft
    • 15389 Archery View
    • Truckee, CA

    Glenshire Retreat - Tucked into one of Truckee’s most beloved neighborhoods, this inviting 3-bedroom, 2-bath mountain home sits on a sunny, level 0.26-acre lot with peaceful meadow views unfolding from the backyard. Thoughtfully designed with warm mountain character throughout, the home offers 1,246 square feet of comfortable, easy living. A dramatic double-height entry welcomes you inside to a

    Camille Duvall-Hero Sierra Sotheby's Int - Rock

Source: Tahoe Sierra Board of REALTORS®

MLS Number: 20261469

Tahoe Sierra Board of REALTORS®

APN: 012-090-110

Your Personal Tour Guide

Ask me questions while you tour the home.