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Closed
- Listed price
- $550,000
- Listed Apr 20, 2015
- Sold price
- $487,300
- Sold Nov 20, 2015
35,023 sqft lot|1947 Built|127 days listed
3987 E State Hwy 20, Nice, CA 95464
Property Description
This is a MONEY MAKER! Fully occupied and well maintained! This property consists of 8 units total;including five 2bd/1ba cottages, one 1bd/1ba cottage, a fully remodeled 1010 sq.ft 2bd/1ba main house (could be owners unit) and a studio apartment below main house.....plus coin operated laundry facility. All units on separate meters.The property is .8 acres with 78' of lakefront on the shores of Clearlake. Property is on sewer with water provided by private well. All cottages have new roofs, paint, flooring and plumbing fixtures.Owner/contractor has made many improvements over the last few years. This Lakefront property is located directly next to Worldmark timeshare resort. Clearlake is a very popular Northern California outdoor recreational destination with great fishing, hiking, biking, and boating. Just 2 hours north of the San Francisco Bay Area, Clearlake benefits from the robust Bay Area economy and is becoming a very attractive investment alternative for Bay Area Investors. Current gross monthly revenue $5,775 per month. .
Listing agent: Jackie ShipleyDRE #00888716jackieshipley2@hotmail.com, Listing office: Realty 360
MLS data updated 10/19/2026, 3:05:45 AM PT
Source: CRMLSMLS #: LC15082632
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Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$487,300
Nov 20, 2015
Available records22015
From MLS recordsActual listing and closing events
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This home · nearest recorded event
No recordNo property-price record in this range.ZIP 95464 · Oct 2026
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