17440 Grand Island Road

Grand Island Waterfront Investment Opportunity - Fast 1031 Close, No Buyer Cost Rarely does a property like this become available. Situated on Long Island on Grand Island Road in Walnut Grove, this Waterfront home presents a unique dual-use opportunity for both personal enjoyment and income generation. Currently operating as a highly successful VRBO with a 9.8/10 guest satisfaction rating and 178+ reviews, the property offers investors a proven income stream with minimal overhead. Features include: Two private boat docks and a large storage by boat dock for personal or tenant use Newer roof and fully paid solar systemlow maintenance and energy-efficient VRBO permit transferable (requires 181 days owner occupancy annually) Well and septic systemsno public utility bills (Newer well installed) Spacious layout ideal for both full-time living and short-term rental income The seller is highly motivated and offers a fast close via 1031 exchange at no cost to the buyer. A true turnkey opportunity for investors or owner-occupants seeking lifestyle and income in one exceptional package. Contact Listing Agent for more information.

Days on Market

1 day

Current Status

Active

Original Price

$489,000

List Price

$889,050

On Market Date

Oct 14, 2025

Property Type

Single Family Residence

Area

Walnut Grove

Zip Code

95690

MLS ID

225133085

APN

142-0150-010-0000

Year Built

1960

Stories in Building

Unavailable

Possession

Close Of Escrow

Data Source

BAREIS

Origin MLS System

Bed

3

Bath

2

Closet, Shower Stall(s), Granite, Window

Parking

0

1/2 Car Space, No Garage, Boat Dock, Uncovered Parking Space

SQ FT

1,909

SQ FT Source

Assessor Auto-Fill

Lot SQ FT

5,637.0

Lot Acres

0.1294 Acres

Kitchen

Granite Counter, Stone Counter

Cooling

Central, Wall Unit(s), Window Unit(s)

Dining Room

Dining/Family Combo, Dining/Living Combo, Other

Exterior Details

Balcony, Built-In Barbeque

Living Room

View

Flooring

Laminate, Wood

Foundation

Slab

Fire Place

Family Room, Free Standing, Wood Burning

Heating

Central, Wood Stove

Laundry

Ground Floor, See Remarks, Inside Area

Upper Level

Bedroom(s), Full Bath(s)

Main Level

Bedroom(s), Living Room, Dining Room, Family Room, Full Bath(s), Kitchen, Street Entrance

Views

Water, Lake

Possession

Close Of Escrow

Architectural Style

Traditional, See Remarks

Fee

$0

MLS and other Information regarding properties for sale as shown in Theo have been obtained from various sources such as sellers, public records, agents and other third parties. This information may relate to the condition of the property, permitted or unpermitted uses, zoning, square footage, lot size/acreage or other matters affecting value or desirability. Unless otherwise indicated in writing, neither brokers, agents nor Theo have verified, or will verify, such information. If any such information is important to buyer in determining whether to buy, the price to pay or intended use of the property, buyer is urged to conduct their own investigation with qualified professionals, satisfy themselves with respect to that information, and to rely solely on the results of that investigation.

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