$675,000
$899,000
24.9%For more information regarding the value of a property, please contact us for a free consultation.
18.74 Acres Lot
SOLD DATE : 07/05/2024
Key Details
Sold Price $675,000
Property Type Commercial
Sub Type Mobile Home
Listing Status Sold
Purchase Type For Sale
MLS Listing ID LC24048235
Sold Date 07/05/24
HOA Y/N No
Lot Size 18.740 Acres
Property Description
Introducing Kolaia Landing Mobile Home Park, a rare investment opportunity with approx 330 feet of prime LAKEFRONT in Kelseyville, CA. This expansive 11-unit lakefront mobile home park spans across 18 ± acres of premium real estate, offering an unparalleled blend of tranquility and potential. Complete with a private boat launch, pier, and docks. Situated at the base of Mt. Konocti, in coveted Konocti Bay, this property presents an idyllic setting for both residents and investors alike. Konocti Bay is well known for its deep and calm waters and is arguably the best location on Clear Lake. Majestic old-growth oak trees provide ample shade to home sites. With 11 units already in place, this mobile home park provides a solid foundation for immediate income generation. All of the homes are independently owned in extra large spaces and 100% are occupied. 5.4% cap rate with lots of opportunities to increase. Beyond its picturesque location, the property has significant development opportunities. The remainder of the land next to the park, about 6 acres, is level and perfect for expansion of the park, build homes or cabins, or have a vineyard or orchard. ADDITIONAL 6+ acres across Soda Bay Rd is also included in the sale with dramatic lake views making it a great spot to build a proprietors estate. Property is on private well and septic. Located only blocks away from newly reopened Konocti Harbor Resort and Spa and within 5 minutes of shopping and restaurants. Wineries, Lampson Field Airport and downtown Kelseyville all a short drive away!
Location
State CA
County Lake
Area Lckb - Konocti Bay
Building/Complex Name Kolaia Landing Mobile Home Park
Interior
Fireplace No
Laundry None
Exterior
Community Features Fishing
Waterfront Description Beach Front,Dock Access,Lake,Lake Front
Present Use See Remarks
Building
Lot Description 11-15 Units/Acre, Rectangular Lot, Secluded, Street Level
Story 1
Water Shared Well
Architectural Style Mobile Home
Others
Tax ID 009012090000
Acceptable Financing Cash
Listing Terms Cash
Financing Private
Special Listing Condition Standard, Trust
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Bought with Iris Angeleri • Pivniska Real Estate Group
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
1610 R Street, Sacramento, California, 95811, United States