Real Estate Investment Properties for Sale in Shaver Lake, CA

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
41228 Heartwood Lane Shaver Lake, CA This spacious two-story home features three outdoor decks ideal for relaxing or entertaini...	4 beds \| 3 baths \| 2,800 sq.ft.	$880,000	Airbnb cash on cash: 3.51% Traditional cash on cash: 5.29% Airbnb Rental Income: $5569 Traditional Rental Income: $5907 Airbnb ROI: 3.51% Traditional ROI: 5.29%
39095 Ridge Road Shaver Lake, CA Large Shaver Lake cabin nestled in the Ridgetop gated community! This tri-level cabin has ...	5 beds \| 3 baths \| 3,065 sq.ft.	$1,099,000	Airbnb cash on cash: 3.17% Traditional cash on cash: 1.22% Airbnb Rental Income: $6670 Traditional Rental Income: $3377 Airbnb ROI: 3.17% Traditional ROI: 1.22%
41250 Kokanee Lane Shaver Lake, CA Don't miss this incredible opportunity to own a fully remodeled 4-bedroom, 3.5-bath mounta...	4 beds \| 3 baths \| 2,218 sq.ft.	$849,999	Airbnb cash on cash: 3.86% Traditional cash on cash: 2.47% Airbnb Rental Income: $5569 Traditional Rental Income: $3347 Airbnb ROI: 3.86% Traditional ROI: 2.47%
40806 Mill Run Lane Shaver Lake, CA BEST LOCATION in highly sought-after condos in beautiful Shaver Lake - backs right to the ...	1 beds \| 1 baths \| 704 sq.ft.	$252,000	Airbnb cash on cash: 2.95% Traditional cash on cash: 3.78% Airbnb Rental Income: $1765 Traditional Rental Income: $1479 Airbnb ROI: 2.95% Traditional ROI: 3.78%
40750 Mill Run Lane Shaver Lake, CA Discover your mountain retreat in this beautiful 1-bedroom, 1-bathroom condo nestled in th...	1 beds \| 1 baths \| 835 sq.ft.	$275,000	Airbnb cash on cash: 2.49% Traditional cash on cash: 6.67% Airbnb Rental Income: $1765 Traditional Rental Income: $2366 Airbnb ROI: 2.49% Traditional ROI: 6.67%
41800 Dogwood Road N Shaver Lake, CA Welcome to 41800 Dogwood Rd - a true mountain retreat in the heart of Shaver Lake's covete...	5 beds \| 3 baths \| 3,032 sq.ft.	$999,500	Airbnb cash on cash: 3.92% Traditional cash on cash: 2.78% Airbnb Rental Income: $6670 Traditional Rental Income: $4309 Airbnb ROI: 3.92% Traditional ROI: 2.78%
38551 Red Leaf Lane Shaver Lake, CA This 4 bed/4bath sky-high cabin in the treetops is full of retro charm, and is located in ...	4 beds \| 4 baths \| 2,658 sq.ft.	$764,999	Airbnb cash on cash: 4.04% Traditional cash on cash: 4.3% Airbnb Rental Income: $5569 Traditional Rental Income: $4637 Airbnb ROI: 4.04% Traditional ROI: 4.3%
39620 Crest Point Lane Shaver Lake, CA How many cabins can say that they have a waterfall across the street that they can easily ...	3 beds \| 2 baths \| 1,938 sq.ft.	$690,000	Airbnb cash on cash: 2.11% Traditional cash on cash: 4.15% Airbnb Rental Income: $3393 Traditional Rental Income: $3952 Airbnb ROI: 2.11% Traditional ROI: 4.15%
42389 Pinnacle Lane Shaver Lake, CA See Property Information attached.	5 beds \| 4 baths \| 3,285 sq.ft.	$1,450,000	Airbnb cash on cash: 2.42% Traditional cash on cash: 3.58% Airbnb Rental Income: $6670 Traditional Rental Income: $6924 Airbnb ROI: 2.42% Traditional ROI: 3.58%
44397 Lakeview Ave Shaver Lake, CA Often referred to as The Cottage, this charming yet luxurious 3-bedroom ensuite home offer...	3 beds \| 3 baths \| 1,869 sq.ft.	$2,500,000	Airbnb cash on cash: -0.18% Traditional cash on cash: 0.57% Airbnb Rental Income: $3393 Traditional Rental Income: $4380 Airbnb ROI: -0.18% Traditional ROI: 0.57%
44729 Lakeview Shaver Lake, CA Meticulously designed and exquisitely decorated, this one-of-a-kind estate is the epitome ...	4 beds \| 4 baths \| 7,405 sq.ft.	$12,000,000	Airbnb cash on cash: -0.8% Traditional cash on cash: -0.6% Airbnb Rental Income: $5569 Traditional Rental Income: $6601 Airbnb ROI: -0.8% Traditional ROI: -0.6%
42135 Hanging Branch Road Shaver Lake, CA Wonderful opportunity to purchase a move-in ready cabin, situated in the Sierra Cedars sub...	3 beds \| 2 baths \| 1,322 sq.ft.	$635,000	Airbnb cash on cash: 2.02% Traditional cash on cash: 3.63% Airbnb Rental Income: $3393 Traditional Rental Income: $3590 Airbnb ROI: 2.02% Traditional ROI: 3.63%
42170 Majestic Lane Shaver Lake, CA Take in breathtaking mountain views from this stunning home in prestigious Bretz Mountain ...	4 beds \| 2 baths \| 2,054 sq.ft.	$769,000	Airbnb cash on cash: 4.1% Traditional cash on cash: 4.06% Airbnb Rental Income: $5569 Traditional Rental Income: $4422 Airbnb ROI: 4.1% Traditional ROI: 4.06%
39571 Weldon Corral Shaver Lake, CA This beautifully maintained mountain retreat offers the perfect blend of rustic charm and ...	4 beds \| 3 baths \| 2,375 sq.ft.	$849,000	Airbnb cash on cash: 3.76% Traditional cash on cash: 4.43% Airbnb Rental Income: $5569 Traditional Rental Income: $4985 Airbnb ROI: 3.76% Traditional ROI: 4.43%
40720 Oakwoods Ln Shaver Lake, CA Don't miss this spacious, treehouse-like living getaway nest nestled among majestic trees ...	3 beds \| 2 baths \| 1,087 sq.ft.	$335,000	Airbnb cash on cash: 6.17% Traditional cash on cash: 8.52% Airbnb Rental Income: $3393 Traditional Rental Income: $3379 Airbnb ROI: 6.17% Traditional ROI: 8.52%
55585 Flintridge Drive Shaver Lake, CA Experience mountain living at its finest in this incredible Austrian-inspired log cabin in...	3 beds \| 3 baths \| 2,884 sq.ft.	$899,999	Airbnb cash on cash: 1.26% Traditional cash on cash: 4.89% Airbnb Rental Income: $3393 Traditional Rental Income: $5677 Airbnb ROI: 1.26% Traditional ROI: 4.89%
40662 Village Pass Lane Shaver Lake, CA Tranquility awaits in this private, light-filled, retro chic cabin that sleeps 6+ with roo...	2 beds \| 1 baths \| 835 sq.ft.	$275,000	Airbnb cash on cash: 5.45% Traditional cash on cash: 7.72% Airbnb Rental Income: $2558 Traditional Rental Income: $2531 Airbnb ROI: 5.45% Traditional ROI: 7.72%
38830 Littlefield Road Shaver Lake, CA Nestled in the sought-after AppleRidge/MeadowRidge subdivision of Shaver Lake, this charmi...	3 beds \| 2 baths \| 2,318 sq.ft.	$599,900	Airbnb cash on cash: 2.82% Traditional cash on cash: 6.35% Airbnb Rental Income: $3393 Traditional Rental Income: $4620 Airbnb ROI: 2.82% Traditional ROI: 6.35%
42357 Hanging Branch Road Shaver Lake, CA Welcome to your perfect mountain retreat in the desirable Sierra Cedars subdivision of Sha...	3 beds \| 2 baths \| 1,444 sq.ft.	$529,000	Airbnb cash on cash: 3.38% Traditional cash on cash: 6.23% Airbnb Rental Income: $3393 Traditional Rental Income: $4050 Airbnb ROI: 3.38% Traditional ROI: 6.23%
41035 Cold Springs Lane Shaver Lake, CA This beautifully furnished mountain home is located in Ockenden Ranch, one of the most des...	3 beds \| 3 baths \| 2,475 sq.ft.	$849,999	Airbnb cash on cash: 1.04% Traditional cash on cash: 4.48% Airbnb Rental Income: $3393 Traditional Rental Income: $5359 Airbnb ROI: 1.04% Traditional ROI: 4.48%
40753 Wild Iris Lane Shaver Lake, CA Find yourself surrounded by mature evergreen trees, dogwoods, and quaking aspens that deli...	4 beds \| 3 baths \| 2,270 sq.ft.	$949,000	Airbnb cash on cash: 2.75% Traditional cash on cash: 3.09% Airbnb Rental Income: $5569 Traditional Rental Income: $4756 Airbnb ROI: 2.75% Traditional ROI: 3.09%
42215 Rock Ledge Road Shaver Lake, CA Nestled in the desirable Sierra Cedars subdivision of Shaver Lake, this charming two-story...	4 beds \| 2 baths \| 2,026 sq.ft.	$675,000	Airbnb cash on cash: 4.79% Traditional cash on cash: 2.92% Airbnb Rental Income: $5569 Traditional Rental Income: $3275 Airbnb ROI: 4.79% Traditional ROI: 2.92%
39665 Sunset Rock Ln Shaver Lake, CA This great mountain home is all new construction. Don't miss a the opportunity to own one ...	3 beds \| 2 baths \| 1,719 sq.ft.	$729,000	Airbnb cash on cash: 1.97% Traditional cash on cash: 4.23% Airbnb Rental Income: $3393 Traditional Rental Income: $4176 Airbnb ROI: 1.97% Traditional ROI: 4.23%
42045 Jeffrey Lane Shaver Lake, CA Charming Mountain Retreat First Time on the Market! Welcome to this lovingly maintained s...	2 beds \| 2 baths \| 1,528 sq.ft.	$629,000	Airbnb cash on cash: 1.75% Traditional cash on cash: 4.82% Airbnb Rental Income: $2558 Traditional Rental Income: $3746 Airbnb ROI: 1.75% Traditional ROI: 4.82%
41189 Silver Pine Lane Shaver Lake, CA Welcome to your modern mountain retreat in the sought-after Ockenden Ranch community! This...	3 beds \| 2 baths \| 1,578 sq.ft.	$649,999	Airbnb cash on cash: 1.91% Traditional cash on cash: 4.36% Airbnb Rental Income: $3393 Traditional Rental Income: $4120 Airbnb ROI: 1.91% Traditional ROI: 4.36%
41334 Cedar Ridge Lane Shaver Lake, CA s Your Mountain Retreat Awaits. Imagine a life where every day feels like a getaway. T...	4 beds \| 4 baths \| 3,475 sq.ft.	$1,200,000	Airbnb cash on cash: 1.96% Traditional cash on cash: 4.5% Airbnb Rental Income: $5569 Traditional Rental Income: $7289 Airbnb ROI: 1.96% Traditional ROI: 4.5%
42596 Granite Lane Shaver Lake, CA Nestled in the serene landscape of Shaver Lake, California, this stunning custom home is a...	3 beds \| 2 baths \| 2,540 sq.ft.	$1,099,999	Airbnb cash on cash: 0.43% Traditional cash on cash: 3.06% Airbnb Rental Income: $3393 Traditional Rental Income: $5321 Airbnb ROI: 0.43% Traditional ROI: 3.06%
41770 Saddleback Road Shaver Lake, CA The cutest A-frame cabin there ever was. This architectural beauty will certainly catc...	2 beds \| 1 baths \| 1,044 sq.ft.	$548,900	Airbnb cash on cash: 1.79% Traditional cash on cash: 3.42% Airbnb Rental Income: $2558 Traditional Rental Income: $2780 Airbnb ROI: 1.79% Traditional ROI: 3.42%
39536 Musick Falls Road Shaver Lake, CA Escape to the Mountains! This spacious 4-bedroom, 2-bath multi-level cabin in beautiful Sh...	4 beds \| 1 baths \| 2,220 sq.ft.	$695,000	Airbnb cash on cash: 4.64% Traditional cash on cash: 4.26% Airbnb Rental Income: $5569 Traditional Rental Income: $4205 Airbnb ROI: 4.64% Traditional ROI: 4.26%
38295 Cressman Road Shaver Lake, CA With views of the valley floor, peace, privacy and tranquility - this charming mountain ho...	2 beds \| 1 baths \| 984 sq.ft.	$449,000	Airbnb cash on cash: 3.03% Traditional cash on cash: 4.96% Airbnb Rental Income: $2558 Traditional Rental Income: $2752 Airbnb ROI: 3.03% Traditional ROI: 4.96%

Real Estate investment in Shaver-lake, CA

There are 30 properties for sale in the city of Shaver Lake . The median list price in Shaver Lake is $747,000 and the average price per square foot is $340. In September 2025, the average monthly cash on cash return in Shaver Lake is 4.00%. The average monthly rental income in Shaver Lake is $4,176.

Shaver-lake, CA Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 30 investment properties available for sale in Shaver-lake.

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

The ROI for Long-Term is higher than the Short-Term in Shaver-lake with average rental income of $4,176.

Your search for investment property begins and ends here

Investment Property for Sale in Shaver Lake, CA

41228 Heartwood Lane

Shaver Lake, CA

4 beds | 3 baths | 2,800 sq.ft.

$880,000

Airbnb cash on cash: 3.51%

Traditional cash on cash: 5.29%

Airbnb Rental Income: $5569

Traditional Rental Income: $5907

Airbnb ROI: 3.51%

Traditional ROI: 5.29%

39095 Ridge Road

Shaver Lake, CA

5 beds | 3 baths | 3,065 sq.ft.

$1,099,000

Airbnb cash on cash: 3.17%

Traditional cash on cash: 1.22%

Airbnb Rental Income: $6670

Traditional Rental Income: $3377

Airbnb ROI: 3.17%

Traditional ROI: 1.22%

41250 Kokanee Lane

Shaver Lake, CA

4 beds | 3 baths | 2,218 sq.ft.

$849,999

Airbnb cash on cash: 3.86%

Traditional cash on cash: 2.47%

Airbnb Rental Income: $5569

Traditional Rental Income: $3347

Airbnb ROI: 3.86%

Traditional ROI: 2.47%

40806 Mill Run Lane

Shaver Lake, CA

1 beds | 1 baths | 704 sq.ft.

$252,000

Airbnb cash on cash: 2.95%

Traditional cash on cash: 3.78%

Airbnb Rental Income: $1765

Traditional Rental Income: $1479

Airbnb ROI: 2.95%

Traditional ROI: 3.78%

40750 Mill Run Lane

Shaver Lake, CA

1 beds | 1 baths | 835 sq.ft.

$275,000

Airbnb cash on cash: 2.49%

Traditional cash on cash: 6.67%

Airbnb Rental Income: $1765

Traditional Rental Income: $2366

Airbnb ROI: 2.49%

Traditional ROI: 6.67%

41800 Dogwood Road N

Shaver Lake, CA

5 beds | 3 baths | 3,032 sq.ft.

$999,500

Airbnb cash on cash: 3.92%

Traditional cash on cash: 2.78%

Airbnb Rental Income: $6670

Traditional Rental Income: $4309

Airbnb ROI: 3.92%

Traditional ROI: 2.78%

38551 Red Leaf Lane

Shaver Lake, CA

4 beds | 4 baths | 2,658 sq.ft.

$764,999

Airbnb cash on cash: 4.04%

Traditional cash on cash: 4.3%

Airbnb Rental Income: $5569

Traditional Rental Income: $4637

Airbnb ROI: 4.04%

Traditional ROI: 4.3%

39620 Crest Point Lane

Shaver Lake, CA

3 beds | 2 baths | 1,938 sq.ft.

$690,000

Airbnb cash on cash: 2.11%

Traditional cash on cash: 4.15%

Airbnb Rental Income: $3393

Traditional Rental Income: $3952

Airbnb ROI: 2.11%