NOT LISTED FOR SALE

5200 Bartlett Springs Rd Lucerne, CA 95458

3 Beds
2 Baths
1,200 Sq Ft
826 Acres

Last Sold December 28, 2020

Last sale price $3,650,000 $3,042 Per Sq Ft

1 Day on Market

Highlights

  • Access To Lake
  • Home fronts a pond
  • Panoramic View
  • Fishing
  • Sauna
  • 826 Acre Lot

About This Home

As of December 2020

40 Springs Valley is home to one of the most amazing private lakes and renovated cabins on the North Coast. Cabins are spring fed, but wells have been dug. First well produced 100+ GPM when drilled and has pump and propane generator installed. Water lines are plumbed into the 14+/- acre gentle bench below. Second well rated at 18 GPM and is located on another natural bench about 4 acres in size. No cannabis exclusion zones affect the developed area, and the sneaky 1,000 ft exclusion from public land stays well to the east. Also outside any areas of farmland importance so outdoor cultivation should be allowed. Possible growing area is all on ridge top so frost should not be a concern. Cabins have been very nicely appointed, there are springs and a pond to enjoy, wildlife all over it, and the views are just spectacular. In multiple legal parcels and easements and road cost sharing agreements have been done. Road is paved and gated at the entrance, but one section needs rebuilding to become 4290 compliant. Two of the parcels may need to be merged to make them compliant with cannabis ordinance. All of this can be done by talented operator, but if it was easy the price would be twice as high! Seller financing is available.

Last Listed By

Bobby Dutcher

Luxe Places International Realty License #01370651 Listed on: 09/04/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,098

Year Built

  • Built in 1960

Lot Details

  • 826 Acre Lot
  • Home fronts a pond
  • Secluded Lot
  • Wooded Lot
  • 004-018-07,19,20,22,33,34,35,36; 004-028-11,21,22

Property Views

  • Lake
  • Panoramic
  • Woods
  • Vineyard
  • Creek or Stream
  • Mountain
  • Hills
  • Valley
  • Neighborhood

Home Design

  • Ranch Style House
  • Cabin

Interior Spaces

  • 1,200 Sq Ft Home
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Sauna

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Access To Lake
  • Conventional Septic

Listing and Financial Details

  • Assessor Parcel Number 00402821

Community Details

Overview

  • No Home Owners Association
  • Near a National Forest
  • Mountainous Community

Recreation

  • Fishing
  • Hunting
  • Horse Trails
  • Hiking Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,098

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Structure Type: Cabin
  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Cabin
  • Property Type: Residential
  • Parcel Number: 00402821
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1200.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Wood Burning
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 3041.67
  • Room Type: All Bedrooms Down, Sauna

Exterior Features

  • View: Creek/Stream, Hills, Lake, Mountain(s), Neighborhood, Panoramic, Trees/Woods, Valley, Vineyard
  • Pool Private: No

Utilities

  • Laundry: No
  • Sewer: Conventional Septic

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Blm/National Forest, Fishing, Hiking, Horse Trails, Hunting, Mountainous

Schools

  • School District: Upper Lake Union

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 004-018-07,19,20,22,33,34,35,36; 004-028-11,21,22
  • Land Lease: No
  • Lot Features: Ranch, Secluded, Treed Lot
  • Lot Size Sq Ft: 35980560.00
  • Lot Size Acres: 826.0000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 826.0000 Acres
  • Number Of Units Total: 2
  • Waterfront Features: Lake, Pond

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2007
Sold by
Fetzer Waters Llc
Bought by
Ceago Del Lago Llc
Total Days on Market
1

Purchase Details

Closed on
Aug 9, 2005
Sold by
Fetzer James F and Hill Thomas P
Bought by
Fetzer Waters Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
5.48%
Mortgage Type
Unknown

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ceago Del Lago Llc $1,215,000 Fidelity Natl Title Co Of Ca
Fetzer Waters Llc $3,555,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fetzer Waters Llc $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2020 12/28/20 Sold $3,650,000 -7.6% $3,042 / Sq Ft
09/05/2020 09/05/20 Pending -- -- --
09/04/2020 09/04/20 For Sale $3,950,000 -- $3,292 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,098 $546,522 $546,522 --
2023 $5,847 $535,806 $535,806 $0
2022 $5,794 $525,300 $525,300 $0
2021 $5,835 $515,000 $515,000 $0
2020 $3,364 $310,828 $310,828 $0
2019 $3,464 $304,734 $304,734 $0
2018 $3,237 $298,759 $298,759 $0
2017 $3,148 $292,901 $292,901 $0
2016 $3,131 $287,158 $287,158 $0
2015 -- $282,845 $282,845 $0
2014 -- $277,305 $277,305 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LC20183677

California Regional Multiple Listing Service (CRMLS)

APN: 004-028-210-000