2855 County Road 308
About This Property
Set on just over 21 beautiful acres in Elk Creek, California, this one of a kind aviation retreat offers a rare opportunity for pilots, outdoor enthusiasts, and anyone seeking a slower pace surrounded by Northern California beauty.
The centerpiece of this property is the well-maintained Diamond M Ranch Airstrip (90CL), formerly known as 7Q3, featuring approximately 2,400' x 75' grass runway access shared by only a few neighboring properties through deeded easement access. Your aircraft will feel right at home in the impressive approximately 2,700 sq. ft. steel hangar, offering ample space for storage, maintenance, and aviation projects.
The 3-bedroom, 2-bath home offers approximately 1,780 sq. ft. with an inviting open floor plan, central heat and air, SGIP solar & Home Battery system, and the kind of peaceful views that make it hard to leave. Start mornings on the front deck as the sun rises over the acreage and end evenings soaking in the hot tub while overlooking the seasonal pond, wildlife, and endless skies.
Outside, the property transforms into a recreational paradise. Gather around the large fire pit for cookouts and s'mores under the stars, challenge friends at the horseshoe pit, enjoy your private shooting range, or simply take in the quiet surroundings.
Located approximately 5 miles from Elk Creek and just minutes from the Mendocino National Forest, adventure is never far away. Some of Northern California's best recreation awaits with nearby hunting, fishing, hiking, exploring, and abundant wildlife including blacktail deer, wild pigs, turkeys, and predators. Surrounded by large cattle ranches, the area offers incredible game movement and unforgettable wildlife viewing.
Fly in Friday. Unwind by sunset. Repeat. Information deemed reliable but not guaranteed. Buyer to independently verify all property information themselves as to the accuracy of all aspects of the property. Listing agent and broker assume no responsibility for the accuracy of the information provided.
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 7, 2026 | Sold | ||
| Sold | |||
| Jul 7, 2026 | In contract | - | |
| In contract | |||
| May 18, 2026 | Listed by HB Ranch and Home Properties, EXP of Northern Ca | $489,000 | |
| Listed by HB Ranch and Home Properties, EXP of Northern Ca | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017