1050 Kirkwood Meadows Dr #7 · Kirkwood, CA 95646

$110,000

2 bd · 3.0 ba · 1,403 sqft · Condo · 141 Days on market

Built 2002 Good condition $78/sqft · 61% below area $1156/mo HOA · 86% of rent ↓ 58% since listing

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Why this score? — see what drove the F grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• ARV discount +7.5/15.0
• 1% rule +7.2/10.0
• Appreciation +5.0/10.0
• Schools +4.2/10.0
• Condition / age +3.8/5.0
• Livability +3.0/5.0
• Rent growth +2.5/5.0
• Cash flow +0.0/30.0
• DSCR +0.0/10.0

Listing remarks MLS

Sentinels 7 quarter-share 3 The Sentinels town homes has charm, elegance and flexibility. This purchase is for two-eighth shares which equates to 1/4 share. This opportunity allows 13 weeks a year with no maintenance and just pleasure. Home features 2 en-suites, a lofty vaulted corner upstairs living room that opens to a spacious kitchen perfect for the vacationing chef. Wood log beams, slate, granite, tumbled marble are just a few of the amenities of living excellence. Picturesque views from three sides, outside entrance and private garage feels like your own stand-alone home. Views of Red Cliffs, Glove Rock and the meadow make this the best shared ownership property in Kirkwood. Close to the Kirkwood meadow for x-country skiing or snowshoeing, also near the main village and lifts as well as a summer-time festival of nature. Many say #7 is the best for views and meadow access. Includes KCA Club w/ brand new pool, hot tubs, clubhouse, sauna, fitness, bar and community events. Optional rental and Interval World. Customary for buyer to pay 3% of purchase price for RETF to KCA. Dues include everything from complete maintenance, furnishings, KCA, and utilities. Calendar weeks are I or 3. 1 large ski locker inside as well as 2 lockable kitchen cabinets. HOA dues are $578 per eighth. Total for 1/4 is $1156/mo.

Key facts

• Spacious kitchen
• Private garage
• Views of red cliffs

Tags

• SPACIOUS KITCHEN
• WOOD LOG BEAMS
• PICTURESQUE VIEWS
• PRIVATE GARAGE
• VIEWS OF RED CLIFFS
• VIEWS OF GLOVE ROCK

🏷️ Possibly a rental listed for sale. The $110,000 price doesn't fit this home's estimated sale value (~$283,861) and the remarks read like a rental — treat the cards below with caution.

What this means for you Summary

Snapshot

• This is a 2-bed/3.0-bath condo listed at $110k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $-856 ($-10k/yr) — negative.
• Rent doesn't cover operating costs at any purchase price — skip.
• Meets the 1% rule at list price ($1k rent vs $110k).
• Recommended offer: $97k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 60/100 on livability (#575 in CA) — a middle-class / working-renter tenant base. Strengths: employment A+, housing A+; Watch: health & safety C-, schools F, crime F.
• Alpine County Unified (rural): math 40% / reading 50% proficiency, ranked #546 of 1,400 in CA (top 39%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 34 active listings in the ZIP; 3 units permitted in Alpine County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $4k of equity ($761 loan paydown + $3k appreciation (3.0% local appreciation)).
• Alpine County population projected to shrink 7% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• By year 8, paydown + projected appreciation supports a ~$30k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 141 days — a 12% lower offer ($97k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 3y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Watch-outs: HOA is 86% of rent.

Recommended offer $96,800 (12.0% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 141 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
8. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
9. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
10. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
11. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
12. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 1.22% ✓
• Cap rate: -3.05%
• Cash-on-cash: -33.36%
• DSCR: -0.48
• GRM: 6.8

CMA / ARV

• ARV (median comp): $283,861
• List price: $110,000
• Delta: -61.25%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Projected returns pro-forma

3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -22.4%
• Equity multiple: -0.32×
• Total profit: $-40,554
• Equity at exit: $49,461

10-year hold

• IRR: -13.1%
• Equity multiple: -1.17×
• Total profit: $-66,918
• Equity at exit: $76,225

Cash invested: $30,800 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 18 Strongly Tenant-Friendly
• State California: 18 Strongly Tenant-Friendly · D+13
• County: — inherits STATE
• City: — inherits STATE

AB1482 statewide rent cap (10% + CPI). Cities (SF/LA/Berkeley) layer stricter rules. Just-cause statewide.

Methodology + full state rankings →

ZIP-level market 95646

• Active inventory: 34
• Price-to-rent: 6.8×

Monthly cashflow live

• Estimated rent: $1,342 medium
• Mortgage (P&I): −$577
• Tax est. 1.5%: −$138 /mo · $1,650/yr
• Insurance: −$46
• HOA: −$1,156
• Vacancy / Maint / Mgmt: −$282
• Net cashflow: $-856

Break-even live

Break-even rent $2,426

Max offer price —

Occupancy floor —

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $27,500
• Closing costs: $3,300
• Reserves months: —
• Total cash needed: —

HOA detail condo

• Monthly dues: $1,156 · $13,872/yr
• Likely covers: pool
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 21 events

1. 2026-06-18
   days on market $110,000 Active 141 DOM
2. 2026-06-17
   days on market $110,000 Active 140 DOM
3. 2026-06-16
   days on market $110,000 Active 139 DOM
4. 2026-06-15
   days on market $110,000 Active 138 DOM
5. 2026-06-13
   days on market $110,000 Active 136 DOM
6. 2026-06-13
   days on market $110,000 Active 135 DOM
7. 2026-06-09
   days on market $110,000 Active 132 DOM
8. 2026-06-08
   days on market $110,000 Active 131 DOM
9. 2026-06-07
   days on market $110,000 Active 130 DOM
10. 2026-06-05
    days on market $110,000 Active 127 DOM
11. 2026-06-03
    days on market $110,000 Active 126 DOM
12. 2026-06-02
    days on market $110,000 Active 125 DOM
13. 2026-06-01
    days on market $110,000 Active 124 DOM
14. 2026-05-31
    days on market $110,000 Active 123 DOM
15. 2026-02-27
    soldstatus $100,000 Sold 1325-char remark

    Show marketing remark (1325 chars)

    Sentinels 7 quarter-share 3 The Sentinels town homes has charm, elegance and flexibility. This purchase is for two-eighth shares which equates to 1/4 share. This opportunity allows 13 weeks a year with no maintenance and just pleasure. Home features 2 en-suites, a lofty vaulted corner upstairs living room that opens to a spacious kitchen perfect for the vacationing chef. Wood log beams, slate, granite, tumbled marble are just a few of the amenities of living excellence. Picturesque views from three sides, outside entrance and private garage feels like your own stand-alone home. Views of Red Cliffs, Glove Rock and the meadow make this the best shared ownership property in Kirkwood. Close to the Kirkwood meadow for x-country skiing or snowshoeing, also near the main village and lifts as well as a summer-time festival of nature. Many say #7 is the best for views and meadow access. Includes KCA Club w/ brand new pool, hot tubs, clubhouse, sauna, fitness, bar and community events. Optional rental and Interval World. Customary for buyer to pay 3% of purchase price for RETF to KCA. Dues include everything from complete maintenance, furnishings, KCA, and utilities. Calendar weeks are I or 3. 1 large ski locker inside as well as 2 lockable kitchen cabinets. HOA dues are $578 per eighth. Total for 1/4 is $1156/mo.

16. 2026-01-28
    historical Active Pending 1325-char remark

    Show marketing remark (1325 chars)

    Sentinels 7 quarter-share 3 The Sentinels town homes has charm, elegance and flexibility. This purchase is for two-eighth shares which equates to 1/4 share. This opportunity allows 13 weeks a year with no maintenance and just pleasure. Home features 2 en-suites, a lofty vaulted corner upstairs living room that opens to a spacious kitchen perfect for the vacationing chef. Wood log beams, slate, granite, tumbled marble are just a few of the amenities of living excellence. Picturesque views from three sides, outside entrance and private garage feels like your own stand-alone home. Views of Red Cliffs, Glove Rock and the meadow make this the best shared ownership property in Kirkwood. Close to the Kirkwood meadow for x-country skiing or snowshoeing, also near the main village and lifts as well as a summer-time festival of nature. Many say #7 is the best for views and meadow access. Includes KCA Club w/ brand new pool, hot tubs, clubhouse, sauna, fitness, bar and community events. Optional rental and Interval World. Customary for buyer to pay 3% of purchase price for RETF to KCA. Dues include everything from complete maintenance, furnishings, KCA, and utilities. Calendar weeks are I or 3. 1 large ski locker inside as well as 2 lockable kitchen cabinets. HOA dues are $578 per eighth. Total for 1/4 is $1156/mo.

17. 2026-01-27
    listed $110,000 Active 1321-char remark

    Show marketing remark (1321 chars)

    Sentinels 7 quarter-share # I - ask for a calendar!The Sentinels town homes has charm, elegance and flexibility. This purchase is for two-eighth shares which equates to 1/4 share. This opportunity allows 13 weeks a year with no maintenance and just pleasure. Home features 2 en-suites, a lofty vaulted corner upstairs living room that opens to a spacious kitchen perfect for the vacationing chef. Wood log beams, slate, granite, tumbled marble are just a few of the amenities of living excellence. Picturesque views from three sides, outside entrance and private garage feels like your own stand-alone home. Views of Red Cliffs, Glove Rock and the meadow make this the best shared ownership property in Kirkwood. Close to the Kirkwood meadow for x-country skiing or snowshoeing, also near the main village and lifts as well as a summer-time festival of nature. Many say #7 is the best for views and meadow access. Includes KCA Club w/ brand new pool, hot tubs, clubhouse, sauna, fitness, bar and community events. Optional rental and Interval World. Customary for buyer to pay 3% of purchase price for RETF to KCA. Dues include everything from complete maintenance, furnishings, KCA, and utilities. 1 large ski locker inside as well as 2 lockable kitchen cabinets. HOA dues are $578 per eighth. Total for 1/4 is $1156/mo.

18. 2025-11-21
    price $107,000 1325-char remark

    Show marketing remark (1325 chars)

    Sentinels 7 quarter-share 3 The Sentinels town homes has charm, elegance and flexibility. This purchase is for two-eighth shares which equates to 1/4 share. This opportunity allows 13 weeks a year with no maintenance and just pleasure. Home features 2 en-suites, a lofty vaulted corner upstairs living room that opens to a spacious kitchen perfect for the vacationing chef. Wood log beams, slate, granite, tumbled marble are just a few of the amenities of living excellence. Picturesque views from three sides, outside entrance and private garage feels like your own stand-alone home. Views of Red Cliffs, Glove Rock and the meadow make this the best shared ownership property in Kirkwood. Close to the Kirkwood meadow for x-country skiing or snowshoeing, also near the main village and lifts as well as a summer-time festival of nature. Many say #7 is the best for views and meadow access. Includes KCA Club w/ brand new pool, hot tubs, clubhouse, sauna, fitness, bar and community events. Optional rental and Interval World. Customary for buyer to pay 3% of purchase price for RETF to KCA. Dues include everything from complete maintenance, furnishings, KCA, and utilities. Calendar weeks are I or 3. 1 large ski locker inside as well as 2 lockable kitchen cabinets. HOA dues are $578 per eighth. Total for 1/4 is $1156/mo.

19. 2025-08-05
    price $120,000 1325-char remark

    Show marketing remark (1325 chars)

    Sentinels 7 quarter-share 3 The Sentinels town homes has charm, elegance and flexibility. This purchase is for two-eighth shares which equates to 1/4 share. This opportunity allows 13 weeks a year with no maintenance and just pleasure. Home features 2 en-suites, a lofty vaulted corner upstairs living room that opens to a spacious kitchen perfect for the vacationing chef. Wood log beams, slate, granite, tumbled marble are just a few of the amenities of living excellence. Picturesque views from three sides, outside entrance and private garage feels like your own stand-alone home. Views of Red Cliffs, Glove Rock and the meadow make this the best shared ownership property in Kirkwood. Close to the Kirkwood meadow for x-country skiing or snowshoeing, also near the main village and lifts as well as a summer-time festival of nature. Many say #7 is the best for views and meadow access. Includes KCA Club w/ brand new pool, hot tubs, clubhouse, sauna, fitness, bar and community events. Optional rental and Interval World. Customary for buyer to pay 3% of purchase price for RETF to KCA. Dues include everything from complete maintenance, furnishings, KCA, and utilities. Calendar weeks are I or 3. 1 large ski locker inside as well as 2 lockable kitchen cabinets. HOA dues are $578 per eighth. Total for 1/4 is $1156/mo.

20. 2024-08-07
    listed $240,000 Active 1325-char remark

    Show marketing remark (1325 chars)

    Sentinels 7 quarter-share 3 The Sentinels town homes has charm, elegance and flexibility. This purchase is for two-eighth shares which equates to 1/4 share. This opportunity allows 13 weeks a year with no maintenance and just pleasure. Home features 2 en-suites, a lofty vaulted corner upstairs living room that opens to a spacious kitchen perfect for the vacationing chef. Wood log beams, slate, granite, tumbled marble are just a few of the amenities of living excellence. Picturesque views from three sides, outside entrance and private garage feels like your own stand-alone home. Views of Red Cliffs, Glove Rock and the meadow make this the best shared ownership property in Kirkwood. Close to the Kirkwood meadow for x-country skiing or snowshoeing, also near the main village and lifts as well as a summer-time festival of nature. Many say #7 is the best for views and meadow access. Includes KCA Club w/ brand new pool, hot tubs, clubhouse, sauna, fitness, bar and community events. Optional rental and Interval World. Customary for buyer to pay 3% of purchase price for RETF to KCA. Dues include everything from complete maintenance, furnishings, KCA, and utilities. Calendar weeks are I or 3. 1 large ski locker inside as well as 2 lockable kitchen cabinets. HOA dues are $578 per eighth. Total for 1/4 is $1156/mo.

21. 2023-04-14
    listed $240,000 Active

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone D · 0% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 1/10 Low 11 d/yr ≥76°F today · 28 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 9/10 Extreme 18 unhealthy d/yr today · 21 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,100
• − Mortgage interest: −$6,162
• − Property taxes: −$1,650
• − Insurance: −$550
• − Repairs & maintenance: −$1,288
• − Management: −$1,288
• − HOA: −$13,872
• − Depreciation: −$3,200
• Taxable loss: −$11,910
• Est. tax savings @ 24.0%: +$2,858
• After-tax cash flow: $-7,417/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Condition & rehab AI · 12 photos

Good 75/100 None rehab

This well-maintained, good-condition condo is ready for immediate occupancy and offers a great investment opportunity.

Value-add opportunities

• Both landscaping — improves curb appeal and rental value
• Both interior paint — refreshes the interior and enhances resale value

Renovation cost estimate screening

Value-add ROI direction

• Both landscaping — improves curb appeal and rental value ↑
• Both interior paint — refreshes the interior and enhances resale value ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Alpine County Unified
• NCES district ID: 0602070
• Math proficiency: 40% ▼ -20.00%
• Reading proficiency: 50% ▬ 0.00%
• Median HH income: $58,116
• Composite: 41.62/100
• National rank: #7228
• State rank: #546 of 1400 in CA

Livability — Kirkwood

• Score: 60/100
• State rank: #575
• US rank: #18791

Category grades

Amenities F Commute F Cost of living F Crime F Employment A+ Housing A+ Health & safety C- User ratings A

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Kirkwood, CA
• Population (ZIP): 406

Population outlook (Alpine County) Hauer SSP2

• Today (2025): 1,025 people
• By 2030: 995 · -2.9%
• By 2040: 954 · -6.9%
• By 2050: 952 · -7.1%
• By 2075: 1,169 · +14.0%
• By 2100: 1,675 · +63.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (73%)
• Race & ethnicity: White 73% Hispanic / Latino 27% Two or more races 19%
• Hispanic origin (detail): Mexican 10% Salvadoran 2%
• Common ancestry: Lithuanian 12% Scotch-Irish 7% Subsaharan African 3%
• Foreign-born: 25% · Canada, Jamaica
• Languages at home: 53% English-only · Spanish 31% French/Haitian/Cajun 15%

Political lean MEDSL · Alpine

• 2024 margin: Solid D (+32.0) · D 64.9% · R 32.9% · Other 2.2%
• 2008→2024 swing: +7.4pp toward D · 2008: 24.6pp · 2024: 32.0pp
• All cycles: 2024: D+32.0 2020: D+31.3 2016: D+18.6 2012: D+23.6 2008: D+24.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: —
• Current HPI: —
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 3.21%
• F500 in state: 116

Industry mix (Fortune 500 HQ in CA)

Industry	F500 HQs	Revenue
▸Technology	27	$1,492B
▸Financial Services	3	$174B
▸Retail	3	$44B
▸Insurance	3	$26B
▸Media / Entertainment	2	$115B
▸Pharmaceuticals / Biotech	2	$62B

Price history

-58.3% since first listed

7 events — show timeline

• 2026-02-27 Sold (MLS) $100,000 STARMLS
• 2026-01-28 Contingent — STARMLS
• 2026-01-27 Listed $110,000 STARMLS
• 2025-11-21 Price Changed $107,000 STARMLS
• 2025-08-05 Price Changed $120,000 STARMLS
• 2024-08-07 Listed $240,000 STARMLS
• 2023-04-14 Listed $240,000 STARMLS