$7,900,000 Active
827 River Ranch Road
Markleeville, CA 96120
STR Status Unknown
7 Beds
·
4.5 Baths
·
10,623 Sq Ft
Virtual Tour

About This Property

Set along a private stretch of the scenic Carson River, this remarkable 76± acre equestrian and lifestyle estate is a rare offering in the Sierra. Just south of Nevada's Carson Valley near Markleeville, CA, the property combines unmatched craftsmanship with true legacy appeal. One of the few riverfront ranches with its own 120-foot private bridge, it offers rare accessibility and exclusivity. Reno-Tahoe International Airport is only an hour away, Lake Tahoe and world-class ski resorts just 30 minutes, and San Francisco within three hours. The centerpiece of the estate is a finely built 8,700+ sq.ft. ranch home featuring 7 bedrooms and 5 bathrooms, thoughtfully designed with a suite of HVAC systems for maximum comfort and energy efficiency. Highlights include two full kitchens (one on each level), a 12-seat movie theatre, and an elevator serving both floors. Expansive windows and a 4,300 sq.ft. deck showcase lush lawns and tranquil river views. Additional improvements include an attached 1,900 sq.ft. guest house, and 1,600 sq.ft. garage and workshop with 5-car capacity and a 7,000 lb. auto lift. Dual electric entry gates with keypad access ensure both security and privacy. Many of the high-quality furnishings may be available in the sale. Designed for the horse enthusiast, the property features a 4,200 sq.ft. indoor arena (40' x 105') with wash bay, 16-ft doors, four stalls, and tack room. This versatile space also lends itself to alternate uses such as private events, auto collections, or specialty storage. Outdoors, the ranch offers a 100' x 200' riding arena, five fenced pastures, and four horse shelters. The manicured grounds include 34,000 sq.ft. of irrigated lawn serviced by a dedicated pump house. An agricultural well with a 5-hp pump produces approximately 100± gpm. Mature trees, rolling pastures, and river frontage create a setting that is as functional as it is breathtaking. With over 18,000 sq.ft. under roof, this is a compound of rare quality and scale. Every element reflects the artisanship and pride of ownership invested into its creation. The layout, design, and amenities set this property apart as one of the finest private riverfront ranch estates in the Sierra. For the discerning buyer who values exclusivity, lifestyle, and legacy, this Exceptional Riverfront Ranch Estate is a must see.

Listed by Morgan Nevin — Far West Real Estate LLC

Listing Details

Status Active
MLS # 250055142
Days on Market 255
Price/Sq Ft $744

Property History

Aug 27, 2025
Listed for sale
$7,900,000
Property Overview
Beds 7
Baths 4.5
Sq. Ft. 10,623
Lot Size 76.00 acres
Stories 2
Year Built 2004
Property Type Single Family Residence
APN 001-310-008-000
Parking
Garage Spaces 5
Total Parking 10
Parking Features Additional Parking, Attached, Garage, Garage Door Opener, RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Pasture
View Mountain(s), Peek, Valley
Construction Stone
Roof Metal, Pitched
Foundation Concrete Perimeter
Utilities & Systems
Heating Forced Air
Cooling Central Air
Water Source Carson River
Financial
Annual Tax $32,416
HOA Fee $500 / Annually
HOA / Community River Ranch
Schools
Elementary School Diamond Valley
Middle School Diamond Valley
High School Douglas
HOA & Community
Community Amenities None
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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% ($1,580,000)
Home price
$7,900,000
Loan details
30-yr fixed, 6.5%
Request a Tour
Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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