20441 Cove Road
Montgomery Creek, CA, 96065 $ 1,899,000
Bedrooms4 Baths2.1 Monthly Estimate*
$ 11,990
Listed by Derek Saelee, The Estates Group, Derek@TheEstatesGroup.org
for $1,899,000 with 4 bedrooms and 2 full baths, 1 half bath. The lot size is 264.2.
Escape to your own private Northern California retreat on approximately 265 acres of scenic, usable land featuring abundant natural water, multiple residences, documented pre 1914 water rights, and existing income. This unique property offers two homes, both currently rented month to month, generating combined rental income of approximately $2,798 per month, or $33,576 annually, with additional hydroelectric and utility related income historically averaging approximately $8,500 to $9,000 annually. Combined, the property generates approximately $42,000 in gross annual income, offering immediate income alongside substantial land, water, and future use potential. A defining feature of the property is its abundant, year round water. Multiple artesian springs supply the land, and the existing homes benefit from gravity fed water systems. The property also includes documented pre 1914 water rights and riparian access along Hatchet Creek, an increasingly rare and valuable feature in California. The land offers a blend of privacy, open space, and natural beauty, along with a historic barn dating back to approximately 1895. Whether you envision a peaceful homestead, working ranch, vineyard, wellness retreat, or other rural use, the possibilities here are expansive. Zoned "U" (Unclassified), the property allows for a wide range of potential uses, offering long term flexibility and future upside. This is more than a home, it is an opportunity to create a lifestyle rooted in land, water, and self sufficiency while benefiting from existing income and future potential. Seller may consider flexible seller financing terms, subject to acceptable terms and conditions. Buyer to verify all information including zoning, income, water rights, and potential uses. Tenant occupied. Please do not disturb tenants. Showings by appointment only.
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FeaturesGeneralLiving Area 0
Sewer Septic Type Unknown
Heating Fireplace(s)
Cooling None
Possession Close Of Escrow
Appliances Electric Cooktop
Zoning U
Pool Features None
View Park/Greenbelt Mountain(s) River Trees/Woods
Stories Count 1
Levels One
Property Subtype Single Family Residence
County Shasta
New Construction false
Property Type Residential
HOA false
Other Structures Barn(s)
Full Baths 2
Special Listing Conditions Standard
Status Active
Buyer Financing Cash
Directions From HWY 299 take a left on Woodhill Drive then turn right on Cove Drive. Stay right on Cove Drive then a right on Hoffman Place. Continue on Hoffman Place and the home will be on the right.
City Montgomery Creek
Senior Community Y/N false
Lot Size Units Square Feet
Lot Size Square Feet 11508552
Carport Y/N true
Listing Terms Cash Owner Will Carry Owner May Carry
Spa Features None
Property Attached Y/N false
Additional Parcels Y/N false
Lease Considered Y/N false
Virtual Tour https://app.runonpattern.com/om/pc-tmotj1
Standard Status Active
Occupancy Type Tenant
Property Sub Type Additional Single Family Residence
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InteriorInterior Amenities Separate/Formal Dining Room
Flooring Laminate Stone Wood
Furnished Y/N Unfurnished
Fireplace Features Living Room
Total Stories 1
Common Walls No Common Walls
Air Conditioning Y/N false
Heating Y/N true
Fireplace Y/N true
Half Baths 1
1/4 Baths 0
3/4 Baths 0
Laundry Features Inside
Total Bedrooms 4
Total Baths 3
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ExteriorParking Features Carport Driveway
Water Source Private
Total Parking 0
Lot Size Area 11508552
Spa false
Building Area Total 0
Lot Size Acres 264.2
Private Pool false
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* Excluded FeaturesList ByDerek SaeleeListing Agent
Derek@TheEstatesGroup.orgEmail
Affordability Calculator
- Monthly Principal & Interest
- $11,990
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Montgomery Creek, CA
Average List Price $694,580
Percent of Sale Price 63%
About Montgomery Creek, CA 144 Population
4% Since 2002
$ 44,810 Median Income
51.86 Median Age
13% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 4/3/2026 | $1,899,000 | | Listed Price |