List Price: $465K

Listing Status: Active

Days on Market: 0

5 Bedrooms · 5 Bathrooms · 3,650 sq ft

Property Type: Residential

Year Built: 1984

Lot Size: 27,443 sq ft

Garage Spaces: 2

Private Pool: Yes

HOA Fee: $323/Annually

MLS Number: LC26122852

About This Property

RARE LAKEVIEW MULTI-GENERATIONAL ESTATE OR INCOME PROPERTY ON TWO LOTS! Perched in one of Lake County's most desirable and sought-after communities, this move-in-ready property offers breathtaking panoramic lake views that must be seen in person to be fully appreciated. Located in a safe, tight-knit residential neighborhood, this unique opportunity combines flexible living, strong rental potential, and future development possibilities. Featuring 5 bedrooms and 5 full bathrooms, the property is currently configured as three separate living spaces, making it ideal for multi-generational living, vacation rental use, or investors seeking strong cash flow potential. The upper unit offers spectacular lake views, 2 bedrooms, 2 full bathrooms, its own garage, indoor laundry hookups, newer stove, and an expansive vantage point overlooking the water. The lower unit features 2 bedrooms, 2 full bathrooms, its own garage, indoor laundry hookups, newer stove, and a private patio perfect for outdoor enjoyment. The studio apartment boasts brand-new premium waterproof laminate flooring, a sliding glass door leading to its own private patio. Situated on two separate lots, the property offers exceptional flexibility. Keep the lots separate and explore the possibility of building an additional home, or merge them into one larger parcel. As an end-of-street location, the property extends to the roadway, providing added privacy with no neighboring home on one side. Additional highlights include: • New carpeting in both 2-bedroom units • Stoves less than 2 years old • Indoor laundry hookups in both main units • Estimated rental potential of approximately $5,000+ per month • Desirable school district • Move-in ready condition Residents enjoy access to Riviera West amenities through a modest annual HOA fee, including a community pool and clubhouse. Nearby attractions include dining, entertainment, fitness facilities, and recreation at Konocti Harbor. The home has been priced to reflect that a roof replacement will likely be needed in the future, along with minor siding repairs, presenting an excellent opportunity for buyers to secure a rare lakeview property at exceptional value. Properties offering this combination of views, income potential, privacy, and future development opportunities are rarely available. Schedule your showing today.