10165 E Highway 20 Lucerne, CA 95458
Estimated payment $3,529/month
Highlights
- Lake Front
- Fishing
- 0.59 Acre Lot
- Docks
- Panoramic View
- Lake Privileges
About This Home
Rare lakefront Investments opportunity in the historic community of Clearlake Oaks. Situated on approximately 0.59 acres, this former marina lakefront hotel/resort offers panoramic views of Clearlake and Mt. Konocti, creating a truly inspiring setting. The property consists of 10 studios/one-bedroom apartment units plus one single-family residence. Three units are fully completed. Four additional units have construction started, with exterior work completed, including a new roof and electrical panels in place. All unit counts are approved and require interior completion. Three remaining units and the main house require full remodeling. Septic system and well water on site. Much of the heavy exterior work has already been completed, offering strong upside potential for investors seeking a value-add lakefront property.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1946
Lot Details
- 0.59 Acre Lot
- Lake Front
- Property fronts a highway
- Two or More Common Walls
- Density is up to 1 Unit/Acre
Property Views
- Lake
- Panoramic
- Woods
Home Design
- Split Level Home
- Property Attached
- Entry on the 1st floor
Interior Spaces
- 2,058 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- Unit 1 Bedrooms: 0
- Unit 1 Bathroom: 0
Outdoor Features
- Docks
- Lake Privileges
Utilities
- Cooling System Mounted To A Wall/Window
- Well
- Septic Type Unknown
Listing and Financial Details
- Assessor Parcel Number 035532170000
Community Details
Overview
- 4 Buildings
- 11 Units
- Community Lake
Recreation
- Fishing
Building Details
- 2 Separate Electric Meters
- 1 Separate Gas Meter
- 1 Separate Water Meter
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/19/2026 01/19/26 | Price Changed | $569,000 | -8.2% | $276 / Sq Ft |
| 12/23/2025 12/23/25 | For Sale | $620,000 | -- | $301 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: LC25279387
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