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Key Details
Sold Price $700,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID LC19219130
Lot Size 3.400 Acres
Property Description
Land cost is under $30,000 per acre without including the value of the utilities. Lake view property inside the city limits of Lakeport, CA with everything needed for a quick and easy development project. The land is zoned R-3 and has been approved for apartment projects as high as 63 units. The site is approximately 3.4 acres between Bevins St. and Smith St. There is an adjacent senior apartment building on the south side and a church on the north side. All utilities are very close and the price includes a 4" water meter has been paid for and assessments paid to date towards a large number of sewer connections. One of the last large parcels with high density zoning in Lakeport and it should be easy to develop. Seller is motivated.
Location
State CA
County Lake
Area Lclps - Lakeport South
Zoning R-3
Exterior
Community Features Curbs, Fishing, Gutter(s), Lake, Rural, Storm Drain(s), Street Lights, Water Sports
Utilities Available Cable Available, Electricity Available, Propane, Phone Available, Sewer Available, Water Available
View Y/N Yes
View Hills, Lake, Panoramic
Building
Lot Description 16-20 Units/Acre, Corners Marked, Irregular Lot, Rolling Slope
Sewer Sewer Assessment(s)
Water Public
New Construction No
Others
Acceptable Financing Cash, Conventional, Owner May Carry
Listing Terms Cash, Conventional, Owner May Carry
Special Listing Condition Standard
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Bought with NONE NONE • None MRML