Greenville, CA

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

Performance indicators for the Greenville short-term rental market based on reliable data.

Listings

23 / 33

Reliable / Active

Cap Rate

7%

Middle-Earners Gross Yield

Revenue

$17,514

Middle-Earners Revenue

Occupancy

44%

Middle-Earners Occupancy

Home Value

$242,659

Median Home Sale Price

Top Earners

$33,267

Top-Earners Revenue

Greenville

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Greenville.

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C

Challenging to Investors

Greenville Regulations

Short-term rentals are likely permitted but lack specific city regulations, creating uncertainty for investors who must rely on state and county rules and conduct additional due diligence. The absence of clear local permitting frameworks, combined with rural compliance complexities like fire safety and environmental regulations, creates moderate barriers that could deter some investors despite no apparent prohibitions.

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About Greenville

Greenville is a small unincorporated community in Plumas County, situated in the northern Sierra Nevada of California. Tucked among pine-covered ridges at the western edge of Indian Valley, it has long served as a quiet rural waypoint for travelers exploring the region's outdoor offerings. With a population of only a few hundred residents, the town carries a slow-paced, outdoors-oriented character shaped by its mountain setting and proximity to some of northeastern California's most striking natural landscapes. It lies more than 100 miles northwest of Reno, Nevada, and roughly 45 miles north of Quincy, the Plumas County seat. The community was largely destroyed by the 2021 Dixie Fire, and rebuilding efforts supported by state and federal recovery programs have been ongoing.

Just east of Greenville, Round Valley Reservoir and the surrounding national forest lands offer immediate access to fishing, kayaking, hiking, and quiet lakeside camping. The reservoir, only a short drive from town, provides a low-key alternative to the larger and busier Lake Almanor nearby.

A larger draw in the immediate area, Lake Almanor lies roughly 20 to 30 minutes east of Greenville. The expansive reservoir is a well-known destination for boating, sailing, trout fishing, and lakeside vacationing, with marinas, resorts, and small shoreline communities drawing visitors throughout the warmer months.

The region's marquee attraction, Lassen Volcanic National Park, is reached by a drive of about 1 to 1.5 hours to the northwest. The park features the hydrothermal basins of Bumpass Hell and Sulphur Works, the prominent Lassen Peak, and an extensive network of hiking trails that showcase volcanic landscapes, mountain lakes, and wildflower-filled meadows.

Surrounding the community, the broader Plumas National Forest spans more than a million acres across the northern Sierra Nevada. It provides abundant opportunities for camping, fishing, off-highway vehicle travel, snowmobiling in winter, and exploring historic Gold Rush-era sites and Maidu cultural heritage locations throughout the region.

Greenville offers a compelling base for short-term rentals thanks to its quiet mountain setting, its access to Plumas National Forest and Indian Valley recreation, and its reach into both the Lake Almanor and Lassen Volcanic regions. While the community is still rebuilding in the wake of the 2021 Dixie Fire, travelers continue to be drawn to the area for its uncrowded trails, scenic reservoirs, and proximity to one of California's most distinctive national parks, making it an appealing option for visitors seeking an off-the-beaten-path Sierra Nevada experience.

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