Portola Homes under $500,000

Welcome to Portola, California – a hidden gem nestled in the picturesque Plumas County! Known for its stunning natural beauty and small-town charm, Portola is the perfect place for those seeking a tranquil lifestyle amidst the Sierra Nevada mountains. With breathtaking landscapes, abundant outdoor activities, and a tight-knit community, this quaint city offers a unique blend of adventure and relaxation.

One of the most appealing aspects of Portola is its affordability. With homes available for under $500,000, this area presents a fantastic opportunity for first-time buyers, families, and retirees alike. Imagine waking up to the serene sounds of nature, all while being able to call a beautiful, budget-friendly home your own. Portola boasts a variety of housing options, from cozy single-family homes to charming cabins, all set against the backdrop of stunning mountain vistas.

In addition to its affordable housing market, Portola is a haven for outdoor enthusiasts. With easy access to hiking, fishing, and skiing, residents can enjoy year-round recreational activities. The nearby Lake Davis offers a perfect spot for fishing and boating, while the historic downtown area invites you to explore local shops and dine at delightful eateries.

Portola’s friendly community spirit makes it easy to feel at home. Whether you’re enjoying a community event or simply chatting with neighbors, you’ll quickly discover that Portola is not just a place to live, but a place to thrive. Come explore the charm of Portola and find your dream home today!

Newest Portola Homes under $500,000

$239,000

2 Beds ⋅ 2 Baths ⋅ 1,464 SqFt. ⋅ 226086681 MLS

Welcome to 250 Otter Way, a 2-bedroom, 2-bath manufactured home offering approximately 1,464 sq. ft. of living space. Sale includes 240 Otter way (raw lot) at 9,583 sq. ft., and 272 Otter way (raw lot) at 6,534 sq. ft. 3 mostly level APN's for total land of 25,709 square ft. The property is fully fenced and has been professionally landscaped. Set in a mature Sierra forest with incredible mountain and valley views. Close to town and its amenities. The house has new carpet, paint and comes with appliances. A dream large detached two car garage. Heated with workbenches and built-in craftsman tool cabinets. Plus, incredible cabinets both indoor and outdoor to accommodate all your storage needs. Secluded setting in a great neighborhood 7 miles from Davis Lake. This is a great opportunity to live the dream life that the Portola offers. The property includes mature pine trees, deck space, and a large detached garage. Contact the listing agent to schedule an appointment to view the property. Buyer to verify all information.

250 Otter Way, Portola

Listing courtesy of Kirkson Realty Group.

$199,900

3 Beds ⋅ 2 Baths ⋅ 1,735 SqFt. ⋅ 226066959 MLS

Manufactured home situated on approximately 2.39 acres, featuring 1,735 sq. ft. of living space with 3 bedrooms and 2 bathrooms, and an open living room to the kitchen. The property includes a large detached 2-car garage and offers a peaceful setting with the nearby Grizzly Ranch Golf Club golf course just minutes away.

5686 Semaphore Road, Portola

Listing courtesy of All City Homes.

$285,000

3 Beds ⋅ 2 Baths ⋅ 1,847 SqFt. ⋅ 226044218 MLS

Spacious and full of potential, this Portola property offers the flexibility, space, and mountain charm that are hard to find. Set on a generously sized .54-acre lot with filtered views of Beckwourth Peak, the home features a bright great room with vaulted ceilings and tall apex windows that bring in natural light and scenic views. The layout includes 3 bedrooms and 2 bathrooms, with two bedrooms upstairs plus an open loft area that works well as a home office, play space, workout area, or additional lounge space. Downstairs, the third bedroom is situated off the kitchen and includes access to a nearby bath with shower along with private exterior access, offering flexibility for guests or multigenerational living. Outside, the fenced property is surrounded by mature pine trees and offers plenty of usable space for hobbies, storage, or future improvements. A detached shed adds additional utility, while the expansive lot leaves room for a possible garage, workshop, or other future possibilities. Conveniently located along Highway 70 near town amenities, this property combines comfortable living with room to grow and make it your own. Less than an hour from Reno!

721 E Sierra Avenue, Portola

Listing courtesy of Real Broker.

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All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. Broker has represented to MetroList that Broker has a valid listing signed by seller authorizing placement in the MLS. Above information is provided by Seller and/or other sources and has not been verified by Broker. Copyright 2026 MetroList Services, Inc. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of MetroList® MLS. All information has been provided by seller/other sources and has not been verified by broker. All interested persons should independently verify the accuracy of all information. Last updated .