$998,000
PENDING $40K PRICE DROP

402 Falling Water Clio, CA 96106

Estimated payment $6,227/month

Total Views 1,818
3 Beds
2.5 Baths
2,670 Sq Ft
$374 Price per Sq Ft

Highlights

  • Ski Accessible
  • Contemporary Architecture
  • Stream or River on Lot
  • Panoramic View
  • Living Room with Fireplace
  • Wood Flooring

About This Home

402 Falling Water, Clio, CA - A Showstopper Setting in Nakoma Resort 1.81 Acres of Riverfront Bliss. Perched on 1.81 acres of private, riverfront property with direct access to the Feather River, this custom mountain retreat sits in one of the most jaw-dropping settings in all of Nakoma Resort. Here, you'll enjoy sweeping views of the Feather River Canyon and the captivating sight of the train as it winds along the cliffs and disappears into the historic mountain tunnel, a scene few get to witness from their own home. Inside, vaulted wood ceilings and expansive windows bring the outdoors in, filling the open-concept living, dining, and kitchen areas with light and scenery. Step onto the spacious deck to soak in the quiet beauty of the forest, the flowing river below, and the surrounding alpine serenity. The home’s warm wood and stone exterior blends effortlessly into the landscape, while the stamped concrete path leads to a welcoming entry that sets the tone for the craftsmanship within. This is more than a home — it’s a rare riverfront sanctuary in one of Nakoma’s most captivating locations, offering beauty, privacy, and a front-row seat to nature’s finest show.

Listing Agent

RUTHIE NICHOLAS

Coldwell Banker Realty License #01738660 Listed on: 05/18/2025

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,972

Year Built

  • Built in 2002

Lot Details

  • 1.81 Acre Lot
  • Level Lot

HOA Fees

  • $125 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,670 Sq Ft Home
  • 1-Story Property
  • Furniture Can Be Negotiated
  • Great Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Workshop
  • Panoramic Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2.5 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Oversized Parking

Outdoor Features

  • Stream or River on Lot
  • Multiple Outdoor Decks

Utilities

  • Septic System
  • Community Sewer or Septic

Community Details

Overview

  • Surroundingarea Community

Recreation

  • Ski Accessible

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,972

Year Built

Built in 2002

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • Age: 20+ Years
  • Estimated Lot Size: 1.51 - 2.50
  • Community: SurroundingArea
  • Directions: A-15 to falling water gate, home on the right
  • Number of Acres: 1.81
  • Optional Financing: Cash To New Loan
  • Service Type: Full Service
  • Setting: River/Creek
  • Sub-Area: 11P
  • Sub-Status: Standard
  • Topography: Level, Downslope, Gentle, Varies
  • Year Built: 2002
  • Other: Pantry, High Ceilings, Landscaping, High Speed Internet, Air Conditioning
  • Sewer: Septic, Community
  • Estimated Sq Ft: PLANS
  • Architecture: Contemporary
  • Out Buildings: No
  • Property Condition: Used, Like New
  • Sign YN: Y
  • Special Features: UnderContract
  • Property Sub Type: Detached

Interior Features

  • Handicap Friendly: Wide Halls, Few Steps, Primary on Main Level
  • Heating: Electric, Geo Thermal, CFAH
  • Estimated Sq Ft: 2670
  • Stories: One
  • Water Company: CSD
  • Gas: Propane
  • Water: Shared Well, Metered
  • Appliances: Range, Oven, Microwave, Disposal, Dishwasher, Refrigerator, Washer, Dryer
  • Bonus Rooms: Great Room, Formal Dining, Workshop
  • Fireplace: Living Room, Gas Fireplace, Insert
  • Furnished: Negotiable
  • Bathrooms: 2.5
  • Bedrooms: 3
  • Floor Coverings: Carpet, Wood, Tile

Exterior Features

  • View: Panoramic, River/Creek
  • Construction Exterior: Framed
  • Foundation: Perim Concrete
  • Roof: Composition
  • Decks: 2
  • Construction Phase: FINISHED

Garage/Parking

  • Garage: Two
  • Garage/Parking: Attached, Oversized

Utilities

  • Laundry: Room

Condo/Co-op/Association

  • HOA Amenities: Cross Country Skiing
  • HOA Fees: 125
  • HOA Fee Frequency: Monthly
  • HOA Website: Nakoma Homeowners Association

Lot Info

  • Lot Number: 71

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $7,972 $724,155 $137,590 $586,565
2023 $7,972 $439,819 $32,571 $407,248
2022 $4,757 $418,875 $31,020 $387,855
2021 $4,492 $398,929 $29,543 $369,386
2020 $4,417 $379,932 $28,136 $351,796
2019 $4,327 $372,482 $27,584 $344,898
2018 $4,068 $358,156 $26,523 $331,633
2017 $4,004 $347,724 $25,750 $321,974
2016 $3,662 $337,597 $25,000 $312,597
2015 $3,662 $337,597 $25,000 $312,597
2014 $3,662 $337,597 $25,000 $312,597
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2025 07/27/25 Pending -- -- --
07/10/2025 07/10/25 Price Changed $998,000 -3.9% $374 / Sq Ft
05/18/2025 05/18/25 For Sale $1,038,000 -- $389 / Sq Ft
Source: Tahoe Sierra Board of REALTORS®

Mortgage History

Date Status Loan Amount Loan Type
Closed $228,500 Fannie Mae Freddie Mac
Closed $54,223 Credit Line Revolving
Source: Public Records

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Source: Tahoe Sierra Board of REALTORS®

MLS Number: 20250944

Tahoe Sierra Board of REALTORS®

APN: 131-130-005-000