More Than Meets the Eye - Development Potential, Existing Income & Endless Possibilities! Opportunities like this are incredibly difficult to find in Lake County. Situated on 1.74 acres directly across from Clear Lake, this unique Commercial Resort-zoned property offers much more than the three existing residencesit offers the infrastructure and flexibility to continue growing. Already in place are four electrical hookups, four sewer hookups, and a private well serving the property, making future expansion far easier than starting from raw land. With three existing homes already on-site and room to add another residence with minimal additional infrastructure, the groundwork has already been laid for the next owner to unlock the property's full potential. Whether your vision is a multi-generational family compound, long-term rental investment, vacation rentals, RV/Mobile Park, cottages, or another income-producing concept, this property provides options that are increasingly difficult to find. 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. Let's not forget beautiful sunset lake views and convenient access to Highway 20.
| $555,000 -> $525,000 on 05/05/2626 |
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