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Lot/land
  • $1,899,000

    20441 Cove Rd, Montgomery Creek, CA 96065

    --beds
    --baths
    264.2Acres
    Unimproved Land
    Built in ----
    264.2 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Documented water rightsNatural springs
    A truly rare Northern California offeringapproximately 265 acres of usable, private land combining documented water rights, natural springs, existing income, and expansive development potential. This is not just landit is a self-sustaining asset with vision-driven upside. The property includes two existing residences (one currently rented and one vacant) with combined rental potential of approximately $2,798/month, providing immediate usability and supplemental income. In addition, the property generates consistent hydroelectric and utility-related revenue historically averaging approximately $8,500 to $9,000 annually based on prior 1099 reporting. Total stabilized income potential is estimated at approximately $40,000+ per year (buyer to verify). What truly sets this property apart is its exceptional water profile. The land includes multiple artesian springs that have historically provided reliable, year-round water. Additionally, the property includes documented senior pre-1914 appropriative water rights originally recorded in 1899, along with riparian rights along Hatchet Creek, an increasingly rare and valuable asset in California (buyer to verify all water rights and usage). Zoned "U" (Unclassified), the property offers broad flexibility for a wide range of potential uses including agricultural operations, vineyard development, eco-lodge or glamping concepts, wellness or spiritual retreat, energy development potential, or long-term land holding with income. The setting is expansive and private, featuring a mix of open usable land, natural landscape, and historic character, including a barn dating back to approximately 1895. The property has also previously attracted interest from solar and energy developers, further highlighting its long-term potential. Whether you are seeking a large-scale land investment, a development opportunity, or a rare property with water, income, and flexibility, this offering presents a unique combination that is increasingly difficult to find. Seller owns the property free and clear and is open to negotiating flexible seller financing terms. Buyer to verify all information including zoning, income, water rights, and potential uses.
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    Zillow last checked: 7 hours ago

    Listing updated: April 03, 2026 at 02:26pm

    Listed by:

    Derek Saelee DRE # 02176730 310-694-1743,

    The Estates Group 310-694-1743

    Source: CLAW,MLS#: 26673169MLS Logo

      Facts & features

      Property

      Features
      • Has view: Yes
      • View description: Water, Trees/Woods, Tree Top, Rocks, Mountain(s), Panoramic, Hills, Park/Greenbelt, Creek/Stream, River
      • Has water view: Yes
      • Water view: Water,Creek/Stream,River
      Lot
      • Size: 264.2 Acres
      • Features: Agricultural, Farm, Horse Property, Ranch, Yard, Value In Land
      Details
      • Parcel number: 027060067
      • Special conditions: Standard
      • Horses can be raised: Yes

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Private
      • Utilities for property: Electricity Connected

      Community & HOA

      Location
      • Region: Montgomery Creek

      Financial & listing details

      • Date on market: 4/3/2026
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        Price history
        DateEventPrice
        4/3/2026Listed for sale$1,899,000-2.6%
        Source: CLAW #26673139 Report a problem
        10/8/2025Listing removed$1,950,000
        Source: SMLS #24-4309 Report a problem
        7/24/2025Price change$1,950,000-7.1%
        Source: SMLS #24-4309 Report a problem
        4/14/2025Price change$2,100,000-4.5%
        Source: SMLS #24-4309 Report a problem
        10/7/2024Listed for sale$2,200,000
        Source: SMLS #24-4309 Report a problem

        Public tax history

        Public tax history
        Tax history is unavailable.

        Monthly payment

        Estimated monthly payment
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 96065

        Getting around

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        Nearby schools

        GreatSchools rating

        Local experts in 96065