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.
Clearlake Oaks is located in California. Clearlake Oaks, California has a population of 2,171. Clearlake Oaks is less family-centric than the surrounding county with 11.99% of the households containing married families with children. The county average for households married with children is 24.14%.
The median household income in Clearlake Oaks, California is $48,221. The median household income for the surrounding county is $53,399 compared to the national median of $69,021. The median age of people living in Clearlake Oaks is 54.4 years.
The average high temperature in July is 90.7 degrees, with an average low temperature in January of 33.6 degrees. The average rainfall is approximately 31.9 inches per year, with 1 inches of snow per year.
