Overview

A Piece of California History in the Heart of Applegate

Nestled in the rolling foothills of Placer County, this rare 5.5-acre estate is a living piece of California history. Applegate was once a bustling stop along the Central Pacific Railroad, the original transcontinental railroad, famous for its orchards, vineyards, and mountain retreats. It was advertised as 'above the fog and below the snow.' In the late 1800s, a transplanted Chicago family built what would become one of the region’s earliest resorts: Walmond, the Sierra Resort, later known as Pine Knoll Resort.

An original advertisement described Walmond as offering “modern accommodations… comfortable rooms… wood fires when required, at no extra cost.” The estate became a destination for city dwellers seeking fresh mountain air, wholesome food from the property, and quiet reprieve from the bustle of San Francisco life.

Some of the cabins on this property date back to the 1890s, remnants of the early foothills charm. During renovation, the current owners discovered San Francisco Examiner newspapers from the 1890s tucked in the walls, a tangible reminder of the site’s storied past. The oldest cabin, at 820, has hand-hewn floor beams, which were used before lumber was readily available.

When you step onto the grounds, time seems to slow. Towering trees, open lawns, and whispering breezes evoke the same peacefulness that once drew visitors to “take the cure” in the Sierra foothills.

The Property
This unique multi-home estate spans 5.5 acres and includes eight homes, along with gardens, animal pens, and mature landscaping that blend beautifully into the natural surroundings.
• Two larger homes and six one-bedroom cabins
• RV hookup (110V & 30 amp, with water, sewer, and patio)
• 1 miner’s inch ditch water
• Two septic tanks
• Owned propane system
• Productive wells, recently inspected
• Fenced gardens, grassy lawns, chicken coop, and multiple small outbuildings

A rare blend of historic character and practical infrastructure, the property has been operated as a successful rental income property.

The main house, approximately 3,700 sq ft with 6 bedrooms and 4.5 bathrooms, was built around 1906 and features virgin-growth redwood, period details, and thoughtful restoration. It captures the grace of another era while offering modern comfort, making it the centerpiece for the estate.

Recently renovated and used as the owners’ residence, this three-bedroom, two-bath home also includes an office and a walk-in pantry. Covered porches extend across both the front and back of the home, creating welcoming outdoor living spaces ideal for relaxing, gathering, or overlooking the peaceful grounds. With its updates, functional layout, and generous outdoor areas, it serves as an inviting full-time residence or premium rental. The six free-standing cabins each have their own charm and history.

With its history, acreage, and versatile layout, this property lends itself to countless uses. Continue its legacy as a profitable multi-unit rental, use it as a private retreat, family compound, or potential event venue. With its historic cottages, wide lawns, and natural beauty, the setting could be perfect for intimate weddings, retreats, or workshops (buyer to verify any intended use with local agencies).

Opportunities to own a piece of California’s early resort history are exceedingly rare. This Applegate estate offers both a connection to the past and a canvas for the future—whether as a family haven, an income-generating property, or a one-of-a-kind retreat in the Sierra foothills.

Property Type Multi family
Year Built 1906
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2025-10-16-kristin-rolph-applegate-3-Edit
790 Pine Knoll Rd, Applegate, CA 95703, USA-001
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Features

check mark icon Income Property
check mark icon Historic Property
check mark icon Acreage
check mark icon Quiet and Private
check mark icon RV Hook-ups
check mark icon Multiple Units
check mark icon Estate
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Presented by

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Kristin Rolph
Realtor Compass (916) 292-2207 DRE: DRE #01996344
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Location

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