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House and ski lake for sale in Sacramento area

TallSkinnyGuyTallSkinnyGuy Posts: 550 Crazy Baller
Anyone want to buy a nice house with a private ski lake? This one is above my budget, but a guy can dream:
Ski lake for sale
ricoRAK
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Comments

  • Chef23Chef23 Posts: 6,063 Mega Baller
    Think you can add a few houses? That might make it more affordable.
    Mark Shaffer
  • ForrestGumpForrestGump Posts: 6,209
    A mil and a half is a lot of money. But that is a lot of site for the money.
    Shane "Crash" Hill

    ski6jonesThan_BoganRazorRoss3chrisroddy
  • Stevie BoyStevie Boy Posts: 2,202 ★★★★Quad Panda Award Recipient ★★★★
    Looks real Kewl, but my wife, does not drive the boat, spend my days looking at glass, so will have to give it a miss.

    Addicted To Carbon Fibre

  • keithh2oskierkeithh2oskier Posts: 681 Crazy Baller
    I skied there a number of years back. There wasn't much room besides what you see. I think it would be near impossible to host a tournament to even have enough parking for that many people.

    That being said, its a pretty sweet property and I wouldn't mind owning it since its a short 15-20 min commute from my work.
  • ski6jonesski6jones Posts: 1,123 Mega Baller
    edited October 2016
    I've always wanted to live around there. Near the mountains, nice lakes, the river, Bay area and not to far for a day trip too the coast.
    Carl Addington, Lakes of Katy, Texas
  • skidawgskidawg Posts: 3,413 Mega Baller
    Buy it @ski6jones and we shall come visit
    NWA....Heaven on earth!
    ski6jones
  • ski6jonesski6jones Posts: 1,123 Mega Baller
    Perhaps I could sign on as grounds keeper. That's about as close as I'll ever get to a place like that.
    Carl Addington, Lakes of Katy, Texas
    jdarwin
  • jdarwinjdarwin Posts: 1,381 ★★★Triple Panda Award Recipient ★★★
    Damn - for 1/3 of that, you can have my place! I'll even throw in a driver!
    Joe Darwin
    ski6jones
  • rodltg2rodltg2 Posts: 1,051 Crazy Baller
    Not a bad price considering what you get. In 1.5 mil Bay Area that would get you a shack. I've flown over and driven past it but never been there. If one could sell memberships or run a ski school that would defiantly help offset the cost. Of course you need the cheddar to get in there first !
  • ski6jonesski6jones Posts: 1,123 Mega Baller
    Lake house with driver and job driving forklift for Ward? Very tempting!
    Carl Addington, Lakes of Katy, Texas
    jdarwinskidawg
  • ski6jonesski6jones Posts: 1,123 Mega Baller
    Carl Addington, Lakes of Katy, Texas
    jdarwinskidawgThe_MS
  • oldjeepoldjeep Posts: 3,794 ★★★Triple Panda Award Recipient ★★★
    Seems cheap. 1.5 million will just barely get you a nice house that size on a small lot on one of the bigger public lakes around here.
    Chuck P
    Not a mechanic but I play one at home
    BrennanKMNMISkier
  • TallSkinnyGuyTallSkinnyGuy Posts: 550 Crazy Baller
    How much annual cost would there be to maintain a place like this?
    I assume the like level is maintained by pumping from a well, so electricity cost along with water and shoreline maintenance. Then overall grounds maintenance. Any educated guesses?
  • ski6jonesski6jones Posts: 1,123 Mega Baller
    Property taxes would be ridiculous.
    Carl Addington, Lakes of Katy, Texas
    RazorRoss3
  • TallSkinnyGuyTallSkinnyGuy Posts: 550 Crazy Baller
    Well, apparently somebody thought this was a good deal and had the necessary funding, because the sale is now "pending" -- an offer has been accepted. Will be interesting to see if it is kept private or if they make a new ski club. Or maybe a ski school like someone suggested earlier.
  • JoepruncJoeprunc Posts: 308 Baller
    Skied there a few times too...The course isn't always set up, and there are no magnets.

    You can rent it on VRBO for a lot less that $1.5mm
  • The_MSThe_MS Posts: 6,131 Member of the BallOfSpray Hall Of Fame
    @ski6jones At least being in CA you know they are spending those tax dollars wisely.
    Shut up and ski
    ski6joneskeithh2oskierTexas6
  • keithh2oskierkeithh2oskier Posts: 681 Crazy Baller
    CA, Tax Dollars, wisely. Those are 4 words that have never been spoken in the history of humanity.
    ski6jonesRazorRoss375Sangerflat
  • jimbrakejimbrake Posts: 1,390 Mega Baller
    @TallSkinnyGuy - maintenance cost - high to quite high unless you are retired and that's how you have fun. Also, unless the arrangement has changed, they have an allotment from the local irrigation district - canal water, which is good stuff. I don't know if they ever had difficulty making it through the year on their allotment. I haven't skied there since the early 2000s. Also, to your point about whether it is kept private or if they make a new ski club - how much you want to bet a non-skier buys it and uses the lake for either fishing, looking at, or nothing? I wouldn't be surprised in the least.

    @MS - dude. Whatthe____ever. I'm sure your wonderful, flat, cold, wet state has it all completely dialed. Amiright?
    "...all of the basic fun banter"
  • The_MSThe_MS Posts: 6,131 Member of the BallOfSpray Hall Of Fame
    @jimbrake are you kidding, I am from the state that elected Al Frankin. He can waste money with the best of them. We got nothing figured out here.
    Shut up and ski
    RazorRoss3
  • SkiOrDieSkiOrDie Posts: 48 Baller
    @MS Don't forget about Jesse "The Body" Ventura!
  • The_MSThe_MS Posts: 6,131 Member of the BallOfSpray Hall Of Fame
    I still have my T-shirts and yard signs
    Shut up and ski
  • rodltg2rodltg2 Posts: 1,051 Crazy Baller
    I hope it doesn't turn into a rice field like the lake some miles north. What a shame !
    Magee
  • Texas6Texas6 Posts: 2,197
    At $1.5M, I assure you the man behind the labor of love that built this place, is completely losing his ass
    Daryn Dean - Lakes of Katy, TX
    ***Robbed out of Hundreds of Panda Worthy Posts***
    ski6jonesoldjeep
  • jimbrakejimbrake Posts: 1,390 Mega Baller
    @Texas6 - ? Not sure if you are referring specifically to equity or something else. Equity might be decent as they bought/built in the early '90s. They did put a lot into it, though, for sure. "He" might not even be involved anymore after the split which was several years ago. I hope the buyer is a skier, too.
    "...all of the basic fun banter"
  • Texas6Texas6 Posts: 2,197
    I am referring purely to the cost to build excavate, plant trees, etc etc. versus the asking price. I think many would be shocked by how much just excavation costs, before you do anything else. That's a good deal is what I'm saying
    Daryn Dean - Lakes of Katy, TX
    ***Robbed out of Hundreds of Panda Worthy Posts***
  • pacopaco Posts: 96 Baller
    Anyone check out the estimated monthly payment on a 30yr loan?!?! $7500 bucks a month! Funny they figured that, you better have the money in the bank if you look at a place like this!
  • LakeOneSkierLakeOneSkier Posts: 299 Solid Baller
    edited October 2016
    Just for reference... and not that there is any correlation or logic in Northern CA real estate... but in 2002 excavation costs for a ski lake within 10 miles of this one was $125k, and cost of the 40 acres of land was $230k.
    Baller Index: -31.67
  • Texas6Texas6 Posts: 2,197
    That's a heck of a deal on digging a lake. I've heard numbers commonly in he 500k range of excavating, grading, etc. Perhaps moving clay in Texas is far more expensive than digging whatever you Californians have in the ground
    Daryn Dean - Lakes of Katy, TX
    ***Robbed out of Hundreds of Panda Worthy Posts***
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