Real Estate Investment Properties for Sale in Portola, CA

Looking for investment property in Portola, CA with high ROI ?

Explore a variety of short-term homes & houses in Portola, CA. Invest wisely with VRBO & Portola, 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 Portola, CA

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
1154 Rocky Cliff Road Portola, CA Extremely well planned floor plan making great use of space. Great primary or secondary ho...	2 beds \| 2 baths \| 917 sq.ft.	$339,000	Airbnb cash on cash: 1.25% Traditional cash on cash: 6.01% Airbnb Rental Income: $1486 Traditional Rental Income: $2568 Airbnb ROI: 1.25% Traditional ROI: 6.01%
617 E Sierra Street Portola, CA Seller has reduced price to sell quickly.This is a 2 bedroom 2 bath top of the line Manufa...	2 beds \| 2 baths \| 1,296 sq.ft.	$237,000	Airbnb cash on cash: 2.51% Traditional cash on cash: 10.34% Airbnb Rental Income: $1486 Traditional Rental Income: $2803 Airbnb ROI: 2.51% Traditional ROI: 10.34%
263 Fox Sparrow Portola, CA Set along the 18th fairway of Grizzly Ranch, this is a truly custom home-designed without ...	5 beds \| 6 baths \| 6,415 sq.ft.	$3,600,000	Airbnb cash on cash: -1.39% Traditional cash on cash: 0.33% Airbnb Rental Income: $2016 Traditional Rental Income: $7262 Airbnb ROI: -1.39% Traditional ROI: 0.33%
646 Startop Portola, CA TIMELESS.... ELEGANCE...Meets Mountain Majesty in this Stunning Nakoma Contemporary Home. ...	3 beds \| 3 baths \| 3,471 sq.ft.	$1,195,000	Airbnb cash on cash: -0.88% Traditional cash on cash: 1.68% Airbnb Rental Income: $1197 Traditional Rental Income: $3647 Airbnb ROI: -0.88% Traditional ROI: 1.68%
20 Piedra Road Portola, CA Rustic Mountain Retreat! Move-In Ready! Nestled on 2.21 acres and backing to Forest Servic...	3 beds \| 2 baths \| 1,700 sq.ft.	$549,900	Airbnb cash on cash: -0.36% Traditional cash on cash: 5.51% Airbnb Rental Income: $1197 Traditional Rental Income: $3824 Airbnb ROI: -0.36% Traditional ROI: 5.51%
485 Idle Hour Drive Portola, CA Thoughtfully updated throughout, this beautifully improved property blends modern comfort ...	3 beds \| 2 baths \| 2,026 sq.ft.	$560,000	Airbnb cash on cash: -0.12% Traditional cash on cash: 3.68% Airbnb Rental Income: $1197 Traditional Rental Income: $2797 Airbnb ROI: -0.12% Traditional ROI: 3.68%
124 Taylor Avenue Portola, CA Fully remodeled TWO-HOME PROPERTY in Old Town Portola. The main home features 2 bedrooms a...	2 beds \| 2 baths \| 1,300 sq.ft.	$370,000	Airbnb cash on cash: 1% Traditional cash on cash: 7.12% Airbnb Rental Income: $1486 Traditional Rental Income: $3173 Airbnb ROI: 1% Traditional ROI: 7.12%
2883 Grizzly Road Portola, CA BEAUTIFUL, TRANQUIL PARK-LIKE SETTING just minutes from Lake Davis and Grizzly Ranch golf ...	3 beds \| 4 baths \| 2,784 sq.ft.	$595,000	Airbnb cash on cash: -0.08% Traditional cash on cash: 5.52% Airbnb Rental Income: $1197 Traditional Rental Income: $3923 Airbnb ROI: -0.08% Traditional ROI: 5.52%
6872 Timber Lane Portola, CA Brand new mountain retreat with INCOME POTENTIAL in the LOST SIERRA. Conveniently located ...	5 beds \| 5 baths \| 2,875 sq.ft.	$829,000	Airbnb cash on cash: 0.06% Traditional cash on cash: 3.76% Airbnb Rental Income: $2016 Traditional Rental Income: $4354 Airbnb ROI: 0.06% Traditional ROI: 3.76%
924 Lake Davis Road Portola, CA Welcome to your next home in this coveted area of Portola, where nature's embrace is just ...	3 beds \| 3 baths \| 2,584 sq.ft.	$549,000	Airbnb cash on cash: -0.12% Traditional cash on cash: 7.9% Airbnb Rental Income: $1197 Traditional Rental Income: $4923 Airbnb ROI: -0.12% Traditional ROI: 7.9%
642 Deer Trail Portola, CA Welcome to The Riverview Retreat at Nakoma, a masterpiece full log home, custom-built by A...	5 beds \| 6 baths \| 7,120 sq.ft.	$3,675,000	Airbnb cash on cash: -1.26% Traditional cash on cash: 1.43% Airbnb Rental Income: $2016 Traditional Rental Income: $10632 Airbnb ROI: -1.26% Traditional ROI: 1.43%
79715 Wendrill Road Portola, CA Perched at the top of one of the most sought-after communities in the valley, this pristin...	3 beds \| 2 baths \| 2,304 sq.ft.	$699,000	Airbnb cash on cash: -0.66% Traditional cash on cash: 4.96% Airbnb Rental Income: $1197 Traditional Rental Income: $4469 Airbnb ROI: -0.66% Traditional ROI: 4.96%
68 Sorrel Lane Portola, CA Lovely home in the highly desirable gated golf course community of Grizzly Ranch, offering...	4 beds \| 4 baths \| 3,472 sq.ft.	$1,295,000	Airbnb cash on cash: 0.1% Traditional cash on cash: 3.11% Airbnb Rental Income: $2875 Traditional Rental Income: $5827 Airbnb ROI: 0.1% Traditional ROI: 3.11%
108 Cool Water Portola, CA Mountain Retreat with Exceptional Garage Space & Trails at Your Back Door. Discover this b...	3 beds \| 2 baths \| 2,079 sq.ft.	$725,000	Airbnb cash on cash: -0.41% Traditional cash on cash: 4.16% Airbnb Rental Income: $1197 Traditional Rental Income: $3901 Airbnb ROI: -0.41% Traditional ROI: 4.16%
300 Grizzly Ranch Rd Portola, CA 300 Grizzly Ranch Rd, Portola, CA 96122 \| Other	N/A beds \| N/A baths \| N/A	$85,000	Airbnb cash on cash: 7.75% Traditional cash on cash: 5.73% Airbnb Rental Income: $1568 Traditional Rental Income: $949 Airbnb ROI: 7.75% Traditional ROI: 5.73%
16 Big Grizzly Rd Portola, CA 16 Big Grizzly Rd, Portola, CA 96122 \| Other	N/A beds \| N/A baths \| N/A	$25,900	Airbnb cash on cash: 9.73% Traditional cash on cash: 2.29% Airbnb Rental Income: $1568 Traditional Rental Income: $905 Airbnb ROI: 9.73% Traditional ROI: 2.29%
XXX Second St Portola, CA XXX Second St, Portola, CA 96122 \| Other	N/A beds \| N/A baths \| N/A	$94,900	Airbnb cash on cash: 9.33% Traditional cash on cash: 8.61% Airbnb Rental Income: $1568 Traditional Rental Income: $1052 Airbnb ROI: 9.33% Traditional ROI: 8.61%
747 Ellen Avenue Portola, CA Nestled in a serene forested setting, this beautifully crafted two-story mountain home, bu...	3 beds \| 3 baths \| 2,239 sq.ft.	$425,000	Airbnb cash on cash: 0.04% Traditional cash on cash: 7.6% Airbnb Rental Income: $1197 Traditional Rental Income: $3818 Airbnb ROI: 0.04% Traditional ROI: 7.6%
1063 Buckskin Ln Portola, CA 1063 Buckskin Ln, Portola, CA 96122 \| Other	N/A beds \| N/A baths \| N/A	$90,000	Airbnb cash on cash: 9.9% Traditional cash on cash: 8.84% Airbnb Rental Income: $1568 Traditional Rental Income: $1025 Airbnb ROI: 9.9% Traditional ROI: 8.84%
565 N Gulling Street Portola, CA Charming and move-in ready, this inviting 3-bedroom home in the desirable North Portola ne...	3 beds \| 1 baths \| 1,094 sq.ft.	$253,000	Airbnb cash on cash: 1.71% Traditional cash on cash: 10.17% Airbnb Rental Income: $1197 Traditional Rental Income: $2831 Airbnb ROI: 1.71% Traditional ROI: 10.17%
6117 Crackerjack Creek Road Portola, CA Country is cool again. Welcome to one of Sierra Valley's most complete turnkey equestrian ...	3 beds \| 2 baths \| 1,656 sq.ft.	$650,000	Airbnb cash on cash: -0.21% Traditional cash on cash: 4.09% Airbnb Rental Income: $1197 Traditional Rental Income: $3416 Airbnb ROI: -0.21% Traditional ROI: 4.09%
350 Idle Hour Drive Portola, CA Escape to the freedom of country living on 2.5 usable acres with plenty of room for your a...	3 beds \| 2 baths \| 1,941 sq.ft.	$382,000	Airbnb cash on cash: 0.37% Traditional cash on cash: 7.9% Airbnb Rental Income: $1197 Traditional Rental Income: $3510 Airbnb ROI: 0.37% Traditional ROI: 7.9%
69 South Ridge Rd Portola, CA Stunning custom-designed new construction in beautiful Grizzly Ranch showcasing spectacula...	3 beds \| 2 baths \| 1,967 sq.ft.	$985,000	Airbnb cash on cash: -0.71% Traditional cash on cash: 2.63% Airbnb Rental Income: $1197 Traditional Rental Income: $3878 Airbnb ROI: -0.71% Traditional ROI: 2.63%
181 W Magnolia Avenue Portola, CA 3 bedroom 2 bath home that needs a new roof. House being sold AS-IS with no repairs. Perfe...	3 beds \| 2 baths \| 1,175 sq.ft.	$230,000	Airbnb cash on cash: 1.77% Traditional cash on cash: 11.31% Airbnb Rental Income: $1197 Traditional Rental Income: $2885 Airbnb ROI: 1.77% Traditional ROI: 11.31%
5685 Casey Jones Road Portola, CA Your Gateway to Thousands of Acres - 5685 Casey Jones Step out your back door and onto Nat...	2 beds \| 2 baths \| 1,288 sq.ft.	$250,000	Airbnb cash on cash: 2.43% Traditional cash on cash: 8.73% Airbnb Rental Income: $1486 Traditional Rental Income: $2535 Airbnb ROI: 2.43% Traditional ROI: 8.73%
905 Dancing Bears Portola, CA A Lifestyle Like No Other! Timeless mountain living awaits at this extraordinary Nakoma re...	3 beds \| 4 baths \| 2,714 sq.ft.	$1,149,000	Airbnb cash on cash: -1.24% Traditional cash on cash: 2.02% Airbnb Rental Income: $1197 Traditional Rental Income: $4293 Airbnb ROI: -1.24% Traditional ROI: 2.02%
115 Cedar Ridge Road Rd Portola, CA 115 Cedar Ridge Road Rd, Portola, CA 96122 \| Other	N/A beds \| N/A baths \| N/A	$99,000	Airbnb cash on cash: 8.88% Traditional cash on cash: 8.11% Airbnb Rental Income: $1568 Traditional Rental Income: $1043 Airbnb ROI: 8.88% Traditional ROI: 8.11%
69 S Ridge Road Portola, CA Stunning custom-designed new construction in beautiful Grizzly Ranch showcasing spectacula...	3 beds \| 2 baths \| 1,967 sq.ft.	$985,000	Airbnb cash on cash: -0.46% Traditional cash on cash: 2.89% Airbnb Rental Income: $1197 Traditional Rental Income: $3878 Airbnb ROI: -0.46% Traditional ROI: 2.89%
122 Pine Knoll Court Portola, CA Explore this rare opportunity to own a multi-family income producing acreage property with...	N/A beds \| N/A baths \| 2,500 sq.ft.	$895,000	Airbnb cash on cash: -0.72% Traditional cash on cash: 1.16% Airbnb Rental Income: $1568 Traditional Rental Income: $2686 Airbnb ROI: -0.72% Traditional ROI: 1.16%
71326 Highway 70 Portola, CA Welcome home to one of the largest and most desirable manufactured homes in the Feather Ri...	3 beds \| 2 baths \| 2,176 sq.ft.	$200,000	Airbnb cash on cash: -1.46% Traditional cash on cash: 11.89% Airbnb Rental Income: $1197 Traditional Rental Income: $3343 Airbnb ROI: -1.46% Traditional ROI: 11.89%
7866 Bonnie Court Ct Portola, CA Spectacular Lake Davis Views! Situated on a premium cul-de-sac lot at 7866 Bonnie Court, t...	4 beds \| 2 baths \| 3,042 sq.ft.	$1,100,000	Airbnb cash on cash: 0.31% Traditional cash on cash: 2.79% Airbnb Rental Income: $2875 Traditional Rental Income: $4745 Airbnb ROI: 0.31% Traditional ROI: 2.79%
278 Peppergrass Lane Ln Portola, CA 278 Peppergrass Lane Ln, Portola, CA 96122 \| Other	N/A beds \| N/A baths \| N/A	$105,000	Airbnb cash on cash: 8.3% Traditional cash on cash: 7.57% Airbnb Rental Income: $1568 Traditional Rental Income: $1043 Airbnb ROI: 8.3% Traditional ROI: 7.57%

Real Estate investment in Portola, CA

There are 44 properties for sale in the city of Portola . The median list price in Portola is $179,892 and the average price per square foot is $81. In July 2026, the average monthly cash on cash return in Portola is 10.00%. The average monthly rental income in Portola is $1,043.

Portola, CA Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 44 investment properties available for sale in Portola.

In 2026, the best neighborhood to buy investment property is Portola.

The ROI for Short-Term is higher than the Long-Term in Portola with average rental income of $1,568.

Your search for investment property begins and ends here

Investment Property for Sale in Portola, CA

1154 Rocky Cliff Road

Portola, CA

2 beds | 2 baths | 917 sq.ft.

$339,000

Airbnb cash on cash: 1.25%

Traditional cash on cash: 6.01%

Airbnb Rental Income: $1486

Traditional Rental Income: $2568

Airbnb ROI: 1.25%

Traditional ROI: 6.01%

617 E Sierra Street

Portola, CA

2 beds | 2 baths | 1,296 sq.ft.

$237,000

Airbnb cash on cash: 2.51%

Traditional cash on cash: 10.34%

Airbnb Rental Income: $1486

Traditional Rental Income: $2803

Airbnb ROI: 2.51%

Traditional ROI: 10.34%

263 Fox Sparrow

Portola, CA

5 beds | 6 baths | 6,415 sq.ft.

$3,600,000

Airbnb cash on cash: -1.39%

Traditional cash on cash: 0.33%

Airbnb Rental Income: $2016

Traditional Rental Income: $7262

Airbnb ROI: -1.39%

Traditional ROI: 0.33%

646 Startop

Portola, CA

3 beds | 3 baths | 3,471 sq.ft.

$1,195,000

Airbnb cash on cash: -0.88%

Traditional cash on cash: 1.68%

Airbnb Rental Income: $1197

Traditional Rental Income: $3647

Airbnb ROI: -0.88%

Traditional ROI: 1.68%

20 Piedra Road

Portola, CA

3 beds | 2 baths | 1,700 sq.ft.

$549,900

Airbnb cash on cash: -0.36%

Traditional cash on cash: 5.51%

Airbnb Rental Income: $1197

Traditional Rental Income: $3824

Airbnb ROI: -0.36%

Traditional ROI: 5.51%

485 Idle Hour Drive

Portola, CA

3 beds | 2 baths | 2,026 sq.ft.

$560,000

Airbnb cash on cash: -0.12%

Traditional cash on cash: 3.68%

Airbnb Rental Income: $1197

Traditional Rental Income: $2797

Airbnb ROI: -0.12%

Traditional ROI: 3.68%

124 Taylor Avenue

Portola, CA

2 beds | 2 baths | 1,300 sq.ft.

$370,000

Airbnb cash on cash: 1%

Traditional cash on cash: 7.12%

Airbnb Rental Income: $1486

Traditional Rental Income: $3173

Airbnb ROI: 1%

Traditional ROI: 7.12%

2883 Grizzly Road

Portola, CA

3 beds | 4 baths | 2,784 sq.ft.

$595,000

Airbnb cash on cash: -0.08%

Traditional cash on cash: 5.52%

Airbnb Rental Income: $1197

Traditional Rental Income: $3923

Airbnb ROI: -0.08%