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$850,000
2 Beds 1 Baths 1,250 SqFt. 226097836 MLS
Nestled among towering pines on over 5 private acres in the heart of Portola's scenic Lost Sierra, this unique property offers a rare combination of lifestyle, flexibility, and investment opportunity. Featuring two separate homes down a private road, each with its own distinctive architectural style and charm, the property is perfectly suited for a variety of usesfrom income-producing rentals to a multi-generational family retreat. Located just minutes from Chalet View Lodge, one of the region's most sought-after event venues, the property presents exceptional short-term rental potential. Accommodate wedding guests, vacationers, outdoor enthusiasts, or enjoy a live-in investment strategy by residing in one home while generating income from the other through short-term or long-term rentals. For families and second-home buyers, the possibilities are equally appealing. Create your own private vacation compound where multiple generations or families can gather together while enjoying the comfort and privacy of separate residences. With room to roam and easy access to golf, fishing, hiking, mountain biking, lakes, rivers throughout the Lost Sierra, this is a property designed for making memories. Residence A is a newer build with a Mountain Modern vibe,featuring a great room with vaulted ceilings plenty big enough to gather. High-end finishes, professional grade appliances, a richly stained butcher block island and two-toned cabinetry give this home an elegant but functional style. Rounding out the 2 bedrooms and 1 beautifully appointed bathroom are 2 attached, but separate, 2 car garages for parking and storage for all your recreational toys. Residence B is an inviting,rustic cabin with a covered wrap around porch. From the vaulted wood ceiling to the wood burning stove, this home is full of woodsy, quality built mountain charm. Adding to the list of amenities is an enclosed loft (currently furnished with 3 twin beds) with a pull down ladder, a large outdoor storage shed and a 2nd shed that's been convenient for extra sleeping quarters, complete with heaters and ceiling fan. This space would be great for an art or exercise studio as well. Residence B also features an ensuite bedroom, a secondary bedroom, full guest bath and ample storage for all your needs. Come experience a mountain lifestyle and explore the possibilities at Pine Knoll Court.

122 Pine Knoll Court, Portola

Listing courtesy of Real Broker Technologies.

$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 .

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