Real Estate Investment Properties for Sale in Lake Almanor, CA

Looking for investment property in Lake Almanor, CA with high ROI ?

Explore a variety of short-term homes & houses in Lake Almanor, CA. Invest wisely with VRBO & Lake Almanor, CA Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Lake Almanor, CA

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
168 Peninsula Drive Lake Almanor, CA Step into a home where nature's beauty and thoughtful design come together in perfect harm...	4 beds \| 3 baths \| 2,809 sq.ft.	$998,500	Airbnb cash on cash: 1.26% Traditional cash on cash: 4.49% Airbnb Rental Income: $3077 Traditional Rental Income: $5377 Airbnb ROI: 1.26% Traditional ROI: 4.49%
1228 Lassen View Drive Lake Almanor, CA Prepare to be impressed with this impeccably maintained 3 bedroom 3 bath home. The front ...	3 beds \| 3 baths \| 1,937 sq.ft.	$650,000	Airbnb cash on cash: 1.27% Traditional cash on cash: 5.1% Airbnb Rental Income: $2543 Traditional Rental Income: $4250 Airbnb ROI: 1.27% Traditional ROI: 5.1%
450 Ponderosa Drive Lake Almanor, CA Welcome to clean, modern, and cozy Lake Almanor living at its finest. This beautifully mai...	2 beds \| 3 baths \| 1,573 sq.ft.	$425,000	Airbnb cash on cash: 0.54% Traditional cash on cash: 6.64% Airbnb Rental Income: $1436 Traditional Rental Income: $3435 Airbnb ROI: 0.54% Traditional ROI: 6.64%
232 Dinsmore Drive Lake Almanor, CA This well appointed Bailey Creek home offers excellent privacy and the finest finishes! As...	3 beds \| 3 baths \| 2,102 sq.ft.	$629,000	Airbnb cash on cash: 1.38% Traditional cash on cash: 4.96% Airbnb Rental Income: $2543 Traditional Rental Income: $4037 Airbnb ROI: 1.38% Traditional ROI: 4.96%
24 Frostwood Lane Lake Almanor, CA Stunning Home in a Peaceful Cul-de-Sac â Perfect for Golf Lovers! This charming home off...	3 beds \| 2 baths \| 1,945 sq.ft.	$679,000	Airbnb cash on cash: 1.15% Traditional cash on cash: 3.96% Airbnb Rental Income: $2543 Traditional Rental Income: $3711 Airbnb ROI: 1.15% Traditional ROI: 3.96%
627 Deep Forest Road Lake Almanor, CA Tucked away at the end of a quiet cul-de-sac, this stunning single-level 3-bedroom, 2-bath...	3 beds \| 2 baths \| 1,806 sq.ft.	$639,000	Airbnb cash on cash: 1.33% Traditional cash on cash: 2.87% Airbnb Rental Income: $2543 Traditional Rental Income: $2852 Airbnb ROI: 1.33% Traditional ROI: 2.87%
811 Lake Ridge Road Lake Almanor, CA Welcome to your cabin in the mountains at beautiful Lake Almanor, located inside Lake Alma...	3 beds \| 2 baths \| 1,505 sq.ft.	$499,000	Airbnb cash on cash: 2.18% Traditional cash on cash: 6.09% Airbnb Rental Income: $2543 Traditional Rental Income: $3754 Airbnb ROI: 2.18% Traditional ROI: 6.09%
467 Ponderosa Drive Lake Almanor, CA Lake living with lake views! This wonderful home sits nestled on the peninsula of Lake Alm...	3 beds \| 2 baths \| 1,680 sq.ft.	$559,000	Airbnb cash on cash: 1.92% Traditional cash on cash: 5.66% Airbnb Rental Income: $2543 Traditional Rental Income: $3883 Airbnb ROI: 1.92% Traditional ROI: 5.66%
6867 Almanor Lake Estates Drive Lake Almanor, CA Custom Home with Lake Views on 2.9 Acres â A Serene Retreat with Endless Possibilities ...	3 beds \| 3 baths \| 2,024 sq.ft.	$595,000	Airbnb cash on cash: 1.55% Traditional cash on cash: 6.11% Airbnb Rental Income: $2543 Traditional Rental Income: $4463 Airbnb ROI: 1.55% Traditional ROI: 6.11%
533 Peninsula Drive Lake Almanor, CA If you are longing for a cabin in the (LACC) woods, that is user friendly, cozy and easy t...	2 beds \| 2 baths \| 1,080 sq.ft.	$399,000	Airbnb cash on cash: 0.69% Traditional cash on cash: 6.27% Airbnb Rental Income: $1436 Traditional Rental Income: $3097 Airbnb ROI: 0.69% Traditional ROI: 6.27%
334 Peninsula Drive Lake Almanor, CA Discover the perfect investment opportunity with this stunning Lake Almanor lakefront prop...	2 beds \| 1 baths \| 720 sq.ft.	$1,395,000	Airbnb cash on cash: -0.63% Traditional cash on cash: 0.46% Airbnb Rental Income: $1436 Traditional Rental Income: $2421 Airbnb ROI: -0.63% Traditional ROI: 0.46%
458 Peninsula Drive Lake Almanor, CA Located within the coveted Almanor Lakeside Villas complex, this double A frame style home...	4 beds \| 2 baths \| 2,110 sq.ft.	$799,000	Airbnb cash on cash: 1.31% Traditional cash on cash: 3.34% Airbnb Rental Income: $3077 Traditional Rental Income: $3886 Airbnb ROI: 1.31% Traditional ROI: 3.34%
431 Ponderosa Circle Lake Almanor, CA Charming Cabin in the Heart of Lake Almanor Pines! Discover this inviting cabin nestled i...	3 beds \| 2 baths \| 1,932 sq.ft.	$465,500	Airbnb cash on cash: 2.46% Traditional cash on cash: 7.54% Airbnb Rental Income: $2543 Traditional Rental Income: $4144 Airbnb ROI: 2.46% Traditional ROI: 7.54%
492 Bailey Creek Drive Lake Almanor, CA Spacious & Versatile Home in Bailey Creek â Income Potential! This 3,893 sq. ft. home i...	5 beds \| 3 baths \| 3,893 sq.ft.	$899,000	Airbnb cash on cash: 3.17% Traditional cash on cash: 2.69% Airbnb Rental Income: $5281 Traditional Rental Income: $3816 Airbnb ROI: 3.17% Traditional ROI: 2.69%
1004 Timber Ridge Road Lake Almanor, CA Wonderful Lake Almanor Country Club Retreat Centrally located in the heart of Lake Almanor...	3 beds \| 2 baths \| 1,987 sq.ft.	$599,000	Airbnb cash on cash: 1.68% Traditional cash on cash: 6.21% Airbnb Rental Income: $2543 Traditional Rental Income: $4461 Airbnb ROI: 1.68% Traditional ROI: 6.21%
2 Frostwood Lane Lake Almanor, CA Discover timeless elegance and breathtaking views in this French-inspired masterpiece, ide...	3 beds \| 3 baths \| 3,866 sq.ft.	$1,384,300	Airbnb cash on cash: -0.08% Traditional cash on cash: 2.17% Airbnb Rental Income: $2543 Traditional Rental Income: $4821 Airbnb ROI: -0.08% Traditional ROI: 2.17%
767 Lassen View Drive Lake Almanor, CA Breathtaking Lake Almanor Retreat with Panoramic Views Perched high on Lassen View Loop in...	3 beds \| 3 baths \| 2,702 sq.ft.	$1,300,000	Airbnb cash on cash: -0.13% Traditional cash on cash: 2.19% Airbnb Rental Income: $2543 Traditional Rental Income: $4736 Airbnb ROI: -0.13% Traditional ROI: 2.19%
726 W Mountain Ridge Road Lake Almanor, CA Charming Lake View Cabin in Lake Almanor Country Club! This newer lake-view cabin offers t...	3 beds \| 2 baths \| 1,654 sq.ft.	$559,000	Airbnb cash on cash: 1.9% Traditional cash on cash: 5.45% Airbnb Rental Income: $2543 Traditional Rental Income: $3785 Airbnb ROI: 1.9% Traditional ROI: 5.45%
1220 Lynx Road Lake Almanor, CA Tucked away on a peaceful and private lot, this beautifully updated home combines comfort ...	3 beds \| 2 baths \| 2,096 sq.ft.	$625,000	Airbnb cash on cash: 1.54% Traditional cash on cash: 5.34% Airbnb Rental Income: $2543 Traditional Rental Income: $4144 Airbnb ROI: 1.54% Traditional ROI: 5.34%
13 Foxglenn Drive Lake Almanor, CA Stunning custom built home with a well thought out floor plan. Located in the impressive F...	4 beds \| 3 baths \| 2,532 sq.ft.	$997,000	Airbnb cash on cash: 0.99% Traditional cash on cash: 3.26% Airbnb Rental Income: $3077 Traditional Rental Income: $4478 Airbnb ROI: 0.99% Traditional ROI: 3.26%
160 Creekhaven Drive Lake Almanor, CA Welcome to Bailey Creek, home of championship golf and year around outdoor activities. Fab...	3 beds \| 3 baths \| 3,028 sq.ft.	$895,000	Airbnb cash on cash: 0.68% Traditional cash on cash: 3.6% Airbnb Rental Income: $2543 Traditional Rental Income: $4369 Airbnb ROI: 0.68% Traditional ROI: 3.6%
1110 Lake Ridge Road Lake Almanor, CA An exquisite Retreat at the Lake. Nestled in the prime location of Lake Almanor Country Cl...	2 beds \| 2 baths \| 1,264 sq.ft.	$629,000	Airbnb cash on cash: -0.2% Traditional cash on cash: 3.39% Airbnb Rental Income: $1436 Traditional Rental Income: $3110 Airbnb ROI: -0.2% Traditional ROI: 3.39%
903 Lassen View Drive Lake Almanor, CA Exceptional picturesque property offering a serene lakeside lifestyle with all the modern ...	4 beds \| 4 baths \| 3,400 sq.ft.	$1,250,000	Airbnb cash on cash: 0.21% Traditional cash on cash: 2.26% Airbnb Rental Income: $3077 Traditional Rental Income: $4764 Airbnb ROI: 0.21% Traditional ROI: 2.26%
625 Deep Forest Road Lake Almanor, CA Wonderful 3 bedroom 2 bathroom home located in the prestigious Lake Almanor Country Club. ...	3 beds \| 2 baths \| 1,944 sq.ft.	$599,000	Airbnb cash on cash: 1.53% Traditional cash on cash: 4.93% Airbnb Rental Income: $2543 Traditional Rental Income: $3831 Airbnb ROI: 1.53% Traditional ROI: 4.93%
1250 Lassen View Drive Lake Almanor, CA Beautifully Remodeled Smart Home in Lake Almanor Country Club! This tastefully remodeled ...	3 beds \| 2 baths \| 1,584 sq.ft.	$539,000	Airbnb cash on cash: 1.89% Traditional cash on cash: 5.38% Airbnb Rental Income: $2543 Traditional Rental Income: $3688 Airbnb ROI: 1.89% Traditional ROI: 5.38%
903 Clifford Drive Lake Almanor, CA Perched along the second tee box of the Lake Almanor Country Club golf course, this beauti...	3 beds \| 3 baths \| 2,307 sq.ft.	$819,000	Airbnb cash on cash: 0.65% Traditional cash on cash: 4.29% Airbnb Rental Income: $2543 Traditional Rental Income: $4708 Airbnb ROI: 0.65% Traditional ROI: 4.29%
817 Lassen View Drive Lake Almanor, CA See the potential for this fabulous ranch style lake front home! Level parking and single...	3 beds \| 2 baths \| 1,796 sq.ft.	$898,000	Airbnb cash on cash: 0.44% Traditional cash on cash: 2.59% Airbnb Rental Income: $2543 Traditional Rental Income: $3725 Airbnb ROI: 0.44% Traditional ROI: 2.59%
542 Manzanita Way Lake Almanor, CA Nestled on the desirable Lake Almanor Peninsula, just minutes from Big Cove Resort, Knotty...	3 beds \| 2 baths \| 1,064 sq.ft.	$350,000	Airbnb cash on cash: 3.83% Traditional cash on cash: 7.44% Airbnb Rental Income: $2543 Traditional Rental Income: $3117 Airbnb ROI: 3.83% Traditional ROI: 7.44%
227 Peninsula Drive Lake Almanor, CA This charming mountain retreat is nestled in the heart of Peninsula Village and offers a p...	2 beds \| 2 baths \| 1,406 sq.ft.	$375,000	Airbnb cash on cash: 0.84% Traditional cash on cash: 7.59% Airbnb Rental Income: $1436 Traditional Rental Income: $3380 Airbnb ROI: 0.84% Traditional ROI: 7.59%
121 Peninsula Drive Lake Almanor, CA Welcome to "Morning Star Cabin," featuring an array of truly unique hand-crafted log attri...	3 beds \| 1 baths \| 912 sq.ft.	$299,000	Airbnb cash on cash: 4.77% Traditional cash on cash: 7.26% Airbnb Rental Income: $2543 Traditional Rental Income: $2630 Airbnb ROI: 4.77% Traditional ROI: 7.26%
103 Highwood Circle Lake Almanor, CA Known as the Bailey Creek Cottages, this 2,361 sq. ft. home is ideally situated on the Bai...	3 beds \| 4 baths \| 2,361 sq.ft.	$1,150,000	Airbnb cash on cash: 0.19% Traditional cash on cash: 2.18% Airbnb Rental Income: $2543 Traditional Rental Income: $4060 Airbnb ROI: 0.19% Traditional ROI: 2.18%
1412 Lassen View Drive Lake Almanor, CA A Rare Gem in Lake Almanor Country Club â "The Fir Peace" Hereâs your chance to own a...	2 beds \| 2 baths \| 1,380 sq.ft.	$699,000	Airbnb cash on cash: -0.35% Traditional cash on cash: 1.79% Airbnb Rental Income: $1436 Traditional Rental Income: $2406 Airbnb ROI: -0.35% Traditional ROI: 1.79%
436 Snowy Peak Way Lake Almanor, CA This exquisite custom built home is perfect inside and out! A majestic wooden arched front...	3 beds \| 3 baths \| 2,361 sq.ft.	$859,000	Airbnb cash on cash: 0.54% Traditional cash on cash: 2.49% Airbnb Rental Income: $2543 Traditional Rental Income: $3490 Airbnb ROI: 0.54% Traditional ROI: 2.49%
126 Peninsula Drive Lake Almanor, CA Welcome to Lake Almanor paradise! This stunning log-sided house offers the perfect blend o...	3 beds \| 3 baths \| 2,149 sq.ft.	$1,999,888	Airbnb cash on cash: -0.77% Traditional cash on cash: -0.18% Airbnb Rental Income: $2543 Traditional Rental Income: $3008 Airbnb ROI: -0.77% Traditional ROI: -0.18%
727 E Mountain Ridge Road Lake Almanor, CA Looking for the ultimate mountain cabin, well the search is over! This stunning log cabin ...	3 beds \| 3 baths \| 2,900 sq.ft.	$625,000	Airbnb cash on cash: 1.39% Traditional cash on cash: 5.57% Airbnb Rental Income: $2543 Traditional Rental Income: $4367 Airbnb ROI: 1.39% Traditional ROI: 5.57%
717 Conifer Trail Lake Almanor, CA Efficient single story, 3 bedroom, 2 bath, located on level lot, in a very quiet area of t...	3 beds \| 2 baths \| 1,456 sq.ft.	$380,000	Airbnb cash on cash: 2.24% Traditional cash on cash: 6.87% Airbnb Rental Income: $2543 Traditional Rental Income: $3580 Airbnb ROI: 2.24% Traditional ROI: 6.87%
4256 #14 Highway 147 Lake Almanor, CA Adorable Lakeside Cabin in Rock Harbor â Lake Almanor's East Shore! Discover your perfec...	2 beds \| 1 baths \| 880 sq.ft.	$205,000	Airbnb cash on cash: 3.65% Traditional cash on cash: 10.42% Airbnb Rental Income: $1436 Traditional Rental Income: $2325 Airbnb ROI: 3.65% Traditional ROI: 10.42%
454 Peninsula Drive Lake Almanor, CA An incredible opportunity to own two homes with direct lake access and deeded boat slip! ...	4 beds \| 2 baths \| 1,500 sq.ft.	$635,000	Airbnb cash on cash: 2.1% Traditional cash on cash: 4.44% Airbnb Rental Income: $3077 Traditional Rental Income: $3765 Airbnb ROI: 2.1% Traditional ROI: 4.44%
293 Terranova Drive Lake Almanor, CA The location of this brand new custom home is exceptional! Right on the 14th green with v...	3 beds \| 3 baths \| 2,200 sq.ft.	$975,000	Airbnb cash on cash: 0.27% Traditional cash on cash: 2.65% Airbnb Rental Income: $2543 Traditional Rental Income: $4087 Airbnb ROI: 0.27% Traditional ROI: 2.65%
1201 Lynx Road Lake Almanor, CA This darling cabin in the Lake Almanor Country Club is just a hop, skip and a jump from th...	3 beds \| 3 baths \| 1,560 sq.ft.	$495,000	Airbnb cash on cash: 2.21% Traditional cash on cash: 6.16% Airbnb Rental Income: $2543 Traditional Rental Income: $3759 Airbnb ROI: 2.21% Traditional ROI: 6.16%

Real Estate investment in Lake-almanor, CA

There are 98 properties for sale in the city of Lake Almanor . The median list price in Lake Almanor is $679,000 and the average price per square foot is $321. In September 2025, the average monthly cash on cash return in Lake Almanor is 5.00%. The average monthly rental income in Lake Almanor is $4,067.

Lake-almanor, CA Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 98 investment properties available for sale in Lake-almanor.

In 2025, the best neighborhood to buy investment property is Lake Almanor.

The ROI for Long-Term is higher than the Short-Term in Lake-almanor with average rental income of $4,067.

Your search for investment property begins and ends here

Investment Property for Sale in Lake Almanor, CA

168 Peninsula Drive

Lake Almanor, CA

4 beds | 3 baths | 2,809 sq.ft.

$998,500

Airbnb cash on cash: 1.26%

Traditional cash on cash: 4.49%

Airbnb Rental Income: $3077

Traditional Rental Income: $5377

Airbnb ROI: 1.26%

Traditional ROI: 4.49%

1228 Lassen View Drive

Lake Almanor, CA

3 beds | 3 baths | 1,937 sq.ft.

$650,000

Airbnb cash on cash: 1.27%

Traditional cash on cash: 5.1%

Airbnb Rental Income: $2543

Traditional Rental Income: $4250

Airbnb ROI: 1.27%

Traditional ROI: 5.1%

450 Ponderosa Drive

Lake Almanor, CA

2 beds | 3 baths | 1,573 sq.ft.

$425,000

Airbnb cash on cash: 0.54%

Traditional cash on cash: 6.64%

Airbnb Rental Income: $1436

Traditional Rental Income: $3435

Airbnb ROI: 0.54%

Traditional ROI: 6.64%

232 Dinsmore Drive

Lake Almanor, CA

3 beds | 3 baths | 2,102 sq.ft.

$629,000

Airbnb cash on cash: 1.38%

Traditional cash on cash: 4.96%

Airbnb Rental Income: $2543

Traditional Rental Income: $4037

Airbnb ROI: 1.38%

Traditional ROI: 4.96%

24 Frostwood Lane

Lake Almanor, CA

3 beds | 2 baths | 1,945 sq.ft.

$679,000

Airbnb cash on cash: 1.15%

Traditional cash on cash: 3.96%

Airbnb Rental Income: $2543

Traditional Rental Income: $3711

Airbnb ROI: 1.15%

Traditional ROI: 3.96%

627 Deep Forest Road

Lake Almanor, CA

3 beds | 2 baths | 1,806 sq.ft.

$639,000

Airbnb cash on cash: 1.33%

Traditional cash on cash: 2.87%

Airbnb Rental Income: $2543

Traditional Rental Income: $2852

Airbnb ROI: 1.33%

Traditional ROI: 2.87%

811 Lake Ridge Road

Lake Almanor, CA

3 beds | 2 baths | 1,505 sq.ft.

$499,000

Airbnb cash on cash: 2.18%

Traditional cash on cash: 6.09%

Airbnb Rental Income: $2543

Traditional Rental Income: $3754

Airbnb ROI: 2.18%

Traditional ROI: 6.09%

467 Ponderosa Drive

Lake Almanor, CA

3 beds | 2 baths | 1,680 sq.ft.

$559,000

Airbnb cash on cash: 1.92%

Traditional cash on cash: 5.66%

Airbnb Rental Income: $2543

Traditional Rental Income: $3883

Airbnb ROI: 1.92%