Portola, California is located in Plumas County. just 1 hour north of Truckee and 1 hour northwest of Reno, Nevada. The Plumas County building department is relatively easy to deal with. For more information about sloped lots, contact the county office at (530) 283-7011.... more
Without many details--why was the property unsaleable, are there c/o issues, structural problems, etc. Consider consulting with an attorney who specializes in real estate, and have all related documentation reviewed...he/she can best advise as it relates to your specific situation.... more
Pricing trends in Ladera are pretty flat when compared with last year. After a flurry of listing activity early in the year, the pace of new listings has settled down more towards the 1-2 listings per month range.
What seems to be a little different than last year is the number of homes coming on that are "tired." It feels to me like this year has seen a dearth of nicely updated homes hitting the market. The big exception to this is 880 La Mesa (pending with a list price of $2.98M). If you take out this listing, then the average list price drops substantially.
As for the home with the most potential right now, 415 Conil ($1.995M) is dated inside, but it is a big 3 bedroom at over 3000 square feet and has tremendous views and a fair bit of flat land. It sold for $2M even back in February and my understanding is that the buyers never moved in.
Of course, if you are looking in the $2.3M range, you may want to check out the options in Westridge (PV). There have been several listings in the low $2s on an acre plus, many with views. You won't get the same neighborhood feel as Ladera, but you generally get more land, privacy, etc.
Back to Ladera, I haven't seen prices actually drop. The decision to purchase is likely to be more driven by what is available. You may wait 6 months for "your house" or it may come on the market tomorrow.
Disclaimer: I'm a Ladera resident and love it!
Feel free to contact me if you'd like more information.
Lynda, I would be happy to assist you in completing a market analysis on your property on Buckskin. I'm very familiar with the area. If you would like to contact me, I can be reached at (530) 249-2833. My name is Carol Murray and I am with RE/MAX Gold in Portola, CA.... more