$729,900 Active Under Contract
466 Horsethief Circle
Markleeville, CA 96120
STR Status Unknown
1 Beds
·
1.0 Baths
·
850 Sq Ft

About This Property

Escape to wide-open space and endless views at 466 Horsethief in beautiful Markleeville, California. Situated on 3.92 acres and backing directly to Forest Service land, this unique 1,800 sq ft property offers privacy, versatility, and breathtaking scenery in every direction. The 950 sq ft shop includes a bedroom, making it ideal for guests, a home-based business, hobby space, or extra storage for all your outdoor gear. The 850 sq ft living area features one bedroom and one bathroom, creating a comfortable and efficient living space surrounded by nature. This setup also offers a rare opportunity to live on the property while building your dream home. Enjoy the convenience of an existing living space as you plan and construct your future mountain retreat. Step outside and take in panoramic views of the mountains, valleys, and forest. With direct access to public lands right out your back door, this property is a dream for outdoor enthusiasts—perfect for hiking, riding, exploring, or simply enjoying the peaceful Sierra landscape. Whether you're looking for a full-time residence, weekend getaway, or a live/work opportunity, 466 Horsethief offers rare flexibility, privacy, and unbeatable access to the great outdoors.

Listed by Jaquelynn Trulli — Intero

Listing Details

Status Active Under Contract
MLS # 260002212
Days on Market 68
Price/Sq Ft $859

Property History

Mar 01, 2026
Listed for sale
$729,900
Current
Pending
$729,900
Property Overview
Beds 1
Baths 1.0
Sq. Ft. 850
Lot Size 3.92 acres
Stories 1
Year Built 2007
Property Type Single Family Residence
APN 001-010-023-000
Parking
Garage Spaces 1
Total Parking 1
Parking Features Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Rain Gutters
Lot Features Adjoins BLM/BIA Land, Cul-De-Sac, Level, Sloped Down, Sprinklers In Front
View Mountain(s), Trees/Woods, Valley
Construction Stucco
Roof Composition, Pitched, Shingle
Foundation Slab
Utilities & Systems
Heating Fireplace(s), Forced Air, Propane
Financial
Annual Tax $4,574
Schools
Elementary School Diamond Valley
Middle School Diamond Valley
High School Douglas
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STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Excellent
87
PROJECTED ANNUAL REVENUE
$142,500 ($118K – $167K range)
~$11,875 per month
Avg Nightly
$485
Occupancy
68%
Cap Rate
5.2%

Cost Segregation Tax Savings

Estimated first-year bonus depreciation savings

Estimated First-Year Tax Savings
$0
via bonus depreciation
Land Value
$0
Improvement Basis
$0
5-Year Property (18%)
$0
15-Year Property (10%)
$0
Estimates are for informational purposes only and do not constitute tax advice. Consult a qualified CPA or tax professional for your specific situation. Actual savings depend on individual tax circumstances.

Payment calculator

$0 per month
Principal & interest
$0
Property taxes
$0
HOA dues
$0
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($145,980)
Home price
$729,900
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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