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Listed by Kalyn L Noble Noble Realty
$555,000
Est. payment /mo
940 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 940 sqft
Price per Sqft $590
MLS Listing ID 326038845
HOA Y/N No
Year Built 1933
Lot Size 1.740 Acres
Acres 1.74
Property Sub-Type Multi Family
Property Description
This is a unique opportunity for investors, developers, or families seeking multiple homes with significant development potential. The rare commercial resort-zoned property offers endless possibilities and is ideally located directly across from beautiful Clear Lake, spanning 1.74 acres. Currently, the property features several homes that generate rental income and provide options for expansion. There is a private well that reliably supplies water to multiple units, several sewer hookups already installed with room for future connections, and each unit has separately metered electricity. Present usage includes a 2005 manufactured home with four bedrooms and two bathrooms, which is currently rented out. There's also another recently renovated home ready for occupancy, plus a stick-built housebelieved to be one of the original 1930s structuresthat showcases impressive craftsmanship but needs complete renovation. The site still contains pads from removed older units, as well as mature landscaping including palm trees, oaks, eucalyptus, roses, and wildflowers, adding value that cannot easily be replicated. Development options include creating an RV park, vacation cottages, mobile home park, multi-family compound, investment property, or a family retreat.
Location
State CA
County Lake
Area Lake County
Rooms
Basement None
Interior
Heating Central
Cooling Central Air
Laundry Other
Exterior
Garage Spaces 1.0
Waterfront Description Private,Well
View Garden/Greenbelt, Lake
Total Parking Spaces 6
Private Pool No
Building
Lot Description None
Sewer Public Sewer
Water Private, Well
Others
Tax ID 031071510000
Special Listing Condition Standard
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