?? Historic 7-Unit Mountain Retreat | Prime Investment Opportunity ??
24145 Tokayana Way, Colfax, CA 95713
Offered at $4,700,000
Welcome to a rare and charming investment gem in the heart of Colfax. Built in 1926, this 13,419 SF estate sprawls across 6.8 private wooded acres and includes 7 income-producing units, offering a blend of historic elegance and modern rental appeal.
??? 15 Bedrooms | 10 Bathrooms
??? 6 Custom Cottages + 1 Main House
?? Building SF: 13,419 | Land SF: 296,208 (6.8 acres)
?? Price/Unit: $671,429 | Price/SF: $350.25
?? Year Built: 1926 | APN: 100-140-037-000
?? Property Highlights:
Unique 7-unit compound consisting of six beautifully updated cottages and one large historic main home.
Each cottage includes spacious kitchens, private decks, and picturesque pine views, with hardwood or new flooring.
The main residence operates as a successful vacation rental (Airbnb), offering immediate income potential.
Serene forest setting with towering pines, yet just minutes to downtown Colfax and the Amtrak station.
Walkable to dining, shopping, parks, library, and more—offering the best of seclusion and convenience.
?? Investment Snapshot:
Strong income-producing potential with multiple rental configurations.
Desirable area demographics:
• 2025 1-Mile Median Income: $95,548
• 2025 5-Mile Population: 14,084
• 2025 Avg HH Income (1-5 mile): $116K–$127K+
This is a rare opportunity to own a one-of-a-kind multi-unit estate with historical charm, passive income, and room to grow—all nestled in a scenic mountain-town setting.
For sale
Listing Provided by:
Jeovanny Gonzalez DRE #02065525 323-509-7843,
Century 21 Allstars
$4,700,000
24145 Tokayana Way, Colfax, CA 95713
105beds
70baths
13,419sqft
Est.:
Multi Family
Built in 1926
-- sqft lot
$4,452,600 Zestimate®
$350/sqft
$-- HOA
What's special
Private wooded acresSerene forest settingTowering pinesPicturesque pine viewsPrivate decksSpacious kitchensHardwood or new flooring
- 18 days
- on Zillow |
- 738 |
- 23 |
Zillow last checked: 7 hours ago
Listing updated: June 19, 2025 at 04:00pm
Listing Provided by:
Jeovanny Gonzalez DRE #02065525 323-509-7843,
Century 21 Allstars
Source: CRMLS,MLS#: DW25138170
Originating MLS: California Regional MLS

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 105
- Bathrooms: 70
Rooms
- Room types: Primary Bathroom
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Water Heater
- Laundry: See Remarks
Features
- Flooring: See Remarks
- Has fireplace: Yes
- Fireplace features: Den
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 13,419
- Total interior livable area: 13,419 sqft
Property
Accessibility
- Accessibility features: Other
Features
- Levels: Two
- Stories: 2
- Entry location: main
- Has private pool: Yes
- Pool features: Private
- Has spa: Yes
- Spa features: Private
- Fencing: See Remarks
- Has view: Yes
Lot
- Size: 6.8 Acres
- Features: 6-10 Units/Acre
Details
- Parcel number: 100140037000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Roof: See Remarks
Condition
- New construction: No
- Year built: 1926
Utilities & green energy
- Electric: Standard
- Sewer: Unknown
- Water: See Remarks
- Utilities for property: See Remarks
Community & HOA
Community
- Features: Sidewalks
Location
- Region: Colfax
Financial & listing details
- Price per square foot: $350/sqft
- Tax assessed value: $311,990
- Annual tax amount: $3,302
- Date on market: 6/19/2025
- Listing terms: Cash,Cash to Existing Loan,Cash to New Loan,Conventional,Contract
- Tenant pays: None
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