For Sale
$618,000

10553 Highway 20Lucerne, CA 95458

Lucerne, CA lakefront income property

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents a meticulously remodeled three-bedroom, two-bathroom home and three charming cottages situated on a picturesque third-of-an-acre parcel in Lucerne, California. Boasting 86 feet of prime Clear Lake frontage, the property includes a private boat slip, pier, and beach access. The main home offers breathtaking panoramic views of Clear Lake and Mount Konocti, complemented by updated tile kitchens and bathrooms. The luxurious master bath features a jetted tub and separate shower, while knotty pine accents add to the property's unique charm. Extensive decking provides ample outdoor living space. The property also offers ample parking for boats or RVs. Currently occupied by long-term tenants, this turnkey investment generates a substantial income stream, providing an 8%+ return on investment. This rare combination of stunning lakefront location, comfortable living spaces, and strong rental income makes this an unparalleled opportunity for discerning investors seeking a high-yield, low-maintenance property in a desirable California setting. The property is conveniently located at 10553 E Hwy 20, Lucerne, CA 95458. Asking price is $618,000.

Property Details for 10553 Highway 20

Property type
Apartment buildings
Class
B
Units
4

Location Insight

City
Lucerne
County
Lake
State
California
Latitude
39.021776019805
Longitude
-122.71327642705
10553 Highway 20, Lucerne, California

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10553 Highway 20
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