$4,700,000
6.80 Acre Lot

24145 Tokayana Way, Colfax, California 95713

  • Residential Income Property Type
  • 1926 Year Built
Property 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.

Basic Details
Residential Income
For Sale
DW25138170
$4,700,000
1926
6.80 Acre
Active
1
Apartment
: See Remarks
Features
: Private
: Central
: Central Air
: See Remarks
: Den
: See Remarks
: See Remarks
1
: Unknown
: See Remarks
$0
Appliances
: Water Heater
Address Map
CA
Placer
Colfax
95713
Tokayana Way
24145
TOKAYANA WAY
Additional Information
$0
$0
$0
$0
$0
: Other
13419
: Sidewalks
Standard
3
: Two
: 6-10 Units/Acre
7
2025-06-19
2
2
: See Remarks
Broker/Agent Information
Century 21 Allstars
Jeovanny Gonzalez
Listing Information
DWGONJEO
YCYA
Cash,Cash to Existing Loan,Cash to New Loan,Conventional,Contract
Active
2025-06-19T23:00:15Z
CRMLS
: Standard
2025-06-19T15:21:27Z
Agent info
Ray Millman
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Contact Agent
Contact Us
ray@millmanteam.com 310.375.1069