Property Detail
Description
?? 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.
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Listing provided courtesy of Jeovanny Gonzalez of Century 21 Allstars. Last updated 2025-07-21 08:11:21.000000. Listing information © 2025 CRMLS.
John Collins
DRE# 01948188
888 Prospect St. Suite 140
La Jolla, CA 92037
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858.252.0200
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Address
888 Prospect St. Suite 140 La Jolla CA 92037
Coldwell Banker Realty, CalBRE# 00616212
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