Set along a private stretch of the scenic Carson River, this remarkable 76± acre equestrian and lifestyle estate is a rare offering in the Sierra. Just south of Nevada's Carson Valley near Markleeville, CA, the property combines unmatched craftsmanship with true legacy appeal. One of the few riverfront ranches with its own 120-foot private bridge, it offers rare accessibility and exclusivity. Reno-Tahoe International Airport is only an hour away, Lake Tahoe and world-class ski resorts just 30 minutes, and San Francisco within three hours.
The centerpiece of the estate is a finely built 8,700+ sq.ft. ranch home featuring 7 bedrooms and 5 bathrooms, thoughtfully designed with a suite of HVAC systems for maximum comfort and energy efficiency. Highlights include two full kitchens (one on each level), a 12-seat movie theatre, and an elevator serving both floors. Expansive windows and a 4,300 sq.ft. deck showcase lush lawns and tranquil river views.
Additional improvements include an attached 1,900 sq.ft. guest house, and 1,600 sq.ft. garage and workshop with 5-car capacity and a 7,000 lb. auto lift. Dual electric entry gates with keypad access ensure both security and privacy. Many of the high-quality furnishings may be available in the sale.
Designed for the horse enthusiast, the property features a 4,200 sq.ft. indoor arena (40' x 105') with wash bay, 16-ft doors, four stalls, and tack room. This versatile space also lends itself to alternate uses such as private events, auto collections, or specialty storage. Outdoors, the ranch offers a 100' x 200' riding arena, five fenced pastures, and four horse shelters.
The manicured grounds include 34,000 sq.ft. of irrigated lawn serviced by a dedicated pump house. An agricultural well with a 5-hp pump produces approximately 100± gpm. Mature trees, rolling pastures, and river frontage create a setting that is as functional as it is breathtaking.
With over 18,000 sq.ft. under roof, this is a compound of rare quality and scale. Every element reflects the artisanship and pride of ownership invested into its creation. The layout, design, and amenities set this property apart as one of the finest private riverfront ranch estates in the Sierra.
For the discerning buyer who values exclusivity, lifestyle, and legacy, this Exceptional Riverfront Ranch Estate is a must see.
Active
$7,900,000
827 River Ranch Rd, Markleeville, CA 96120
7beds
10,623sqft
Est.:
Single Family Residence
Built in 2004
76 Acres Lot
$-- Zestimate®
$744/sqft
$42/mo HOA
What's special
River frontageElevator serving both floorsRolling pasturesFive fenced pasturesMature treesFour horse sheltersExpansive windows
- 194 days |
- 878 |
- 20 |
Zillow last checked: 8 hours ago
Listing updated: January 13, 2026 at 10:25am
Listed by:
Morgan Nevin 530-414-1796,
Far West Real Estate LLC
Source: NNRMLS,MLS#: 250055142
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Double Oven, Electric Cooktop, Refrigerator
- Laundry: Laundry Area
Features
- Breakfast Bar, Ceiling Fan(s), Entrance Foyer, High Ceilings, In-Law Floorplan, Kitchen Island, Walk-In Closet(s)
- Flooring: Carpet, Ceramic Tile, Concrete, Varies
- Windows: Double Pane Windows
- Number of fireplaces: 9
- Fireplace features: Gas Log
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 10,623
- Total interior livable area: 10,623 sqft
Video & virtual tour
Property
Parking
- Total spaces: 10
- Parking features: Additional Parking, Attached, Garage, Garage Door Opener, RV Access/Parking
- Attached garage spaces: 5
Features
- Levels: Two
- Stories: 2
- Exterior features: None
- Fencing: Partial
- Has view: Yes
- View description: Mountain(s), Peek, Valley
- Body of water: Carson River
Lot
- Size: 76 Acres
- Features: Pasture
Details
- Additional structures: Arena, Outbuilding
- Parcel number: 001310008000
- Zoning: SFR
- Horses can be raised: Yes
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Stone
- Foundation: Concrete Perimeter
- Roof: Metal,Pitched
Condition
- New construction: No
- Year built: 2004
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Electricity Available, Internet Available, Phone Available, Underground Utilities
Community & HOA
Community
- Security: Security Fence, Security Gate
HOA
- Has HOA: Yes
- Amenities included: None
- HOA fee: $500 annually
- HOA name: River Ranch
Location
- Region: Markleeville
Financial & listing details
- Price per square foot: $744/sqft
- Tax assessed value: $2,485,803
- Annual tax amount: $32,416
- Date on market: 8/27/2025
- Cumulative days on market: 197 days
- Listing terms: 1031 Exchange,Cash,Conventional,FHA,Owner May Carry,VA Loan
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 8/27/2025 | Listed for sale | $7,900,000-4.8%$744/sqft |
Source: | ||
| 3/23/2024 | Listing removed | -- |
Source: | ||
| 5/27/2023 | Listed for sale | $8,300,000-12.6%$781/sqft |
Source: | ||
| 12/21/2022 | Listing removed | -- |
Source: | ||
| 9/8/2022 | Listed for sale | $9,500,000$894/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $25,551 +2% | $2,485,803 +2% |
| 2024 | $25,049 +1.8% | $2,437,063 +2% |
| 2023 | $24,614 +2% | $2,389,278 +2% |
| 2022 | $24,132 +2% | $2,342,431 +2% |
| 2021 | $23,659 +1.1% | $2,296,502 +1% |
| 2020 | $23,411 | $2,272,955 +2% |
| 2019 | -- | $2,228,388 +2% |
| 2018 | -- | $2,184,695 +2% |
| 2017 | -- | $2,141,859 +9.9% |
| 2016 | -- | $1,948,292 +1.5% |
| 2015 | -- | $1,919,478 +3.6% |
| 2014 | -- | $1,852,466 +6.1% |
| 2013 | -- | $1,745,337 +3.3% |
| 2012 | -- | $1,689,547 +11.2% |
| 2011 | -- | $1,519,361 -0.1% |
| 2010 | -- | $1,521,620 +1.3% |
| 2009 | -- | $1,501,641 +2.3% |
| 2008 | -- | $1,467,296 +2% |
| 2007 | -- | $1,438,526 +2% |
| 2006 | -- | $1,410,321 +2% |
| 2005 | -- | $1,382,668 -19.1% |
| 2004 | -- | $1,708,987 +13.2% |
| 2003 | -- | $1,510,049 +0.3% |
| 2002 | -- | $1,506,123 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$46,372/mo
Principal & interest
$39549
Property taxes
$6781
HOA Fees
$42
Climate risks
Neighborhood: 96120
Nearby schools
GreatSchools rating
- 4/10Diamond Valley Elementary SchoolGrades: K-8Distance: 4.6 mi
- NAAlpine County Secondary Community Day SchoolGrades: 7-12Distance: 4.6 mi
Schools provided by the listing agent
- Elementary: Diamond Valley
- Middle: Diamond Valley
- High: Douglas
Source: NNRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.





