CLASSIC COBB MT WATERFALL HOME, called Little Falling Water. Unique magical streamside setting with luscious zen-like gardens full of ferns and mosses with flat stone paths. The stream continues right under the house creating a special enchanting ambience with the sound of rushing water. And there is another stream at the bottom of the backyard. The home was custom built in 1961 to capture the natural light and sound the forest environment offers, and this endures. The living area is full of light streaming in from large windows on both sides, with a large sliding glass door opening to the new redwood sun deck that wraps around to the front entrance, along with vaulted tongue & groove wood and beam ceilings. The other side of the home near the waterfall has a wood fired hot tub surrounded by decking, that can be filled with stream water, and can be wood-heated with a chofu burner. The home has many upgrades whilst preserving the classic retro charm, including undercounter sub-zero refrigerator drawers, and handsome new bamboo flooring throughout. There is a feature three sided fireplace in the living room between the living and formal dining areas, with a casual dining area beside the kitchen with a waterview and its own fireplace. There are two well-lit bedrooms, one with access to the rear yard with it's own small deck. Downstairs is a large basement space for laundry, workshop or storage. There will never be another home quite like this one. Perfect for a vacation rental too.
Single-familyProperty Type
1961Year Built
9,880 sq ftLot Size
$252Est. Price/Sq.Ft.
Listed by Timothy Toye•DRE #01182874• Timothy Toye and Associates
Contact: 707-928-6900
Bought with "Pi" Kimberly Stryker•DRE #02052594• Timothy Toye and Associates
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$35,673
Est. take-home
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Refinance
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Est. cash available
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Market trends in Cobb, CA
Last updated August 2026
Buyer's Market
Seller's Market
Buyer's market
Sale-to-List Price
99.5%
+0.9% MoM
Median sale price
$350K
$20K MoM
Avg. days on market
262d
211 days MoM
Recently sold homes
3
2 MoM
Provided by Redfin
Sale history for 16531 Schwartz Rd
Date
Event
Price
CRMLS #LC22046349
Apr 29, 2022
Sold
$310,000
$279/sq ft
Apr 22, 2022
Pending
—
Mar 14, 2022
Contingent
—
Mar 8, 2022
Listed
$295,000
$265/sq ft
CRMLS #LC115288
Apr 30, 2012
Sold
$115,000
$103/sq ft
Jan 6, 2011
Listed
$124,000
$111/sq ft
STREAMSIDE ORIENTAL GARDENS Classic 1960s styled vacation home in a magical setting with zen-like gardens. A creek with a waterfall runs right under the house. And there is another at the bottom of the backyard. Ferns and mosses and rockpaths provide a verdant environment quite unlike other homes in this area. The home is in very good condition with natural light streaming in from large windows on both sides of the living room. A 3 sided feature fireplace separates formal dining from the living area which opens out to one of the decks. A wood stove is in the casual dining/kitchen area. Basement workshop or storage area. Easy walk to Cobb Village. This is a special place. You might even see a fairy. Fireplace: Multiple Fireplaces. Location and Close To: Body of Water. Location and Close To: Restaurants. Location and Close To: Strip Center.
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
3
Baths
1
Stories
—
Lot width
—
Lot depth
—
Lot size
9,583 Sq. Ft.
Year renovated
—
Sq. Ft.
1,113
Year built
1961
Style
Single Family Residential
County
Lake County
APN
050531060000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 7, 2026.
R1
Single-Family Residential District
To establish areas for individual residential dwelling units at relatively low densities where the traditional neighborhood character of single-family units prevail. The following regulations shall apply in all R1 districts.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Other
Housing-Mobile home park
Property details
Parking
Parking / Garage Information
Driveway
Has Parking
Interior
Laundry Information
Has Laundry
See Remarks
Kitchen Information
Breakfast Counter / Bar, In Living Room
Formica Counters
Bathroom Information
# of Baths (Full): 1
Bathtub, Shower in Tub, Formica Counters
Room Information
Workshop
Fireplace Information
Dining Room, Living Room
Has Fireplace
Flooring Information
Bamboo, Vinyl
Heating Information
Electric, Wall Heater, Wood
Has Heating
Interior Features
Levels: One
Main Level Bathrooms: 1
Main Level Bedrooms: 2
Spa Features: Above Ground
Has Spa
Exterior
Exterior Information
Structure Type: House
Roof: Composition
Fencing: None
Foundation Information
Foundation Details: Concrete Perimeter
Basement: Finished Basement
Exterior Features
Patio And Porch Features: Deck, Wood
Has Patio
Pool Features: Community Pool
Lot Information
Elevation Units: Feet
Lot Size Source: Assessor's Data
Lot Features: Tear Down
Property Information
Total # of Units: 1
Common Walls: No Common Walls
Living Area Source: Assessor's Data
Parcel Number: 05053106
Property Condition: Turnkey
Has View
Waterfront Features: Creek on Lot
Year Built Source: Assessor
Financial
Assesments Information
Assessments: Special Assessments
Utilities
Utilities Information
Sewer: Septic Tank
Water Source: District/Public
Location
Neighborhood Information
Community Features: BLM/National Forest, Fishing, Golf Course, Hiking, Lake, Rural
School Information
High School District: Lake
Location Information
Latitude: 38.82176000
Longitude: -122.72226700
Directions: Hwy 175 to Schwartz Rd, just beside the fire station.
Road Frontage Type: Access via Country Road
Road Surface Type: Maintained, Paved
Zoning: R1
Public facts
Beds: 3
Baths: 1.0
Sq. Ft.: 1,113
Stories: —
Lot Size: 9,583 square feet
Style: Single Family Residential
Year Built: 1961
Year Renovated: —
County: Lake County
APN: 050531060000
Home facts updated by county records on Aug 7, 2026
Other
Listing Information
IDX Contact Info: 707-928-6900
Days Active in MLS: 6
Continuous Days Active in MLS: 6
Listing Agent Information
List Agent First Name: Timothy
List Agent Last Name: Toye
Listing Office Information
List Office Name: Timothy Toye and Associates
Selling Agent Information
Buyer Agent First Name: "Pi" Kimberly
Buyer Agent Last Name: Stryker
Selling Office Information
Buyer Office Name: Timothy Toye and Associates
Around this home
Schools
Cobb Mountain Elementary School
Public K-6 • Assigned • 0.6mi
4/10
Middletown Middle School
Public 6-8 • Assigned • 7.4mi
5/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
5/10 Fire Factor
5% chance of being in a wildfire in next 30 years
3/10 Heat Factor
7 days above 96° expected this year, 16 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
10/10 Air Factor
36 unhealthy days expected this year, 37 days in 30 years
Provided by First Street
Historical weather
Cobb, CA • 95426
Average low and high temperatures (°F)
57
45
54
43
62
47
62
47
72
54
81
62
82
65
86
68
80
64
70
55
57
46
56
47
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 11.1 hours in
June and 4.9 hours in December, placing it above the
U.S. average for solar exposure.
11.1 hrs
4.9 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$267,000 – $324,000
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