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8910 Soda Bay Road

Kelseyville, CA 95451
  • $899,000
  • STATUS: Active Under Contract
  • ON SITE: 103 Days
  • ID#: LC24048235
Under Contract
UPDATED: 75 min ago
$899,000
  • 0
    BEDS
  • 18.74
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Listing Agent(s): Iris Angeleri of Pivniska Real Estate Group (707-245-6514)


Description

Introducing Kolaia Landing Mobile Home Park, a rare investment opportunity with approx 330 feet of prime LAKEFRONT in Kelseyville, CA. This expansive 11-unit lakefront mobile home park spans across 18 acres of premium real estate, offering an unparalleled blend of tranquility and potential. Complete with a private boat launch, pier, and docks. Situated at the base of Mt. Konocti, in coveted Konocti Bay, this property presents an idyllic setting for both residents and investors alike. Konocti Bay is well known for its deep and calm waters and is arguably the best location on Clear Lake. Majestic old-growth oak trees provide ample shade to home sites. With 11 units already in place, this mobile home park provides a solid foundation for immediate income generation. All of the homes are independently owned in extra large spaces and 100% are occupied. 5.4% cap rate with lots of opportunities to increase. Beyond its picturesque location, the property has significant development opportunities. The remainder of the land next to the park, about 6 acres, is level and perfect for expansion of the park, build homes or cabins, or have a vineyard or orchard. ADDITIONAL 6+ acres across Soda Bay Rd is also included in the sale with dramatic lake views making it a great spot to build a proprietors estate. Property is on private well and septic. Located only blocks away from newly reopened Konocti Harbor Resort and Spa and within 5 minutes of shopping and restaurants. Wineries, Lampson Field Airport and downtown Kelseyville all a short drive away!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-06-22T16:38:28.443. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Steele Canyon Realty. Licensed in the State of California, USA.
www.steelecanyonrealty.com/homes/148451536
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8910 Soda Bay Road Kelseyville, CA 95451

  • Price: $899,000
  • Status: Active Under Contract
  • On Site: 103 Days
  • Updated: 75 min ago
  • ID#: LC24048235
0
Beds
0
Baths
0
½ Baths
18.74
Acres
Neighborhood:
LCKB - Konocti Bay
County:
Lake
Area:
LCKB - Konocti Bay
Property Description
Introducing Kolaia Landing Mobile Home Park, a rare investment opportunity with approx 330 feet of prime LAKEFRONT in Kelseyville, CA. This expansive 11-unit lakefront mobile home park spans across 18 acres of premium real estate, offering an unparalleled blend of tranquility and potential. Complete with a private boat launch, pier, and docks. Situated at the base of Mt. Konocti, in coveted Konocti Bay, this property presents an idyllic setting for both residents and investors alike. Konocti Bay is well known for its deep and calm waters and is arguably the best location on Clear Lake. Majestic old-growth oak trees provide ample shade to home sites. With 11 units already in place, this mobile home park provides a solid foundation for immediate income generation. All of the homes are independently owned in extra large spaces and 100% are occupied. 5.4% cap rate with lots of opportunities to increase. Beyond its picturesque location, the property has significant development opportunities. The remainder of the land next to the park, about 6 acres, is level and perfect for expansion of the park, build homes or cabins, or have a vineyard or orchard. ADDITIONAL 6+ acres across Soda Bay Rd is also included in the sale with dramatic lake views making it a great spot to build a proprietors estate. Property is on private well and septic. Located only blocks away from newly reopened Konocti Harbor Resort and Spa and within 5 minutes of shopping and restaurants. Wineries, Lampson Field Airport and downtown Kelseyville all a short drive away!
Exterior Features

Architectural Style Mobile Home Entry Level 1 Lot Features 11-15 Units/AcreRectangular LotSecludedStreet Level Sign On Property YN Yes Waterfront Features Beach FrontDock AccessLakeLake Front

Property Features

Additional Parcels YN Yes Building Name Kolaia Landing Mobile Home Park Business Type Mobile/Trailer Park Cap Rate 6.1 Common Interest None Community Features Fishing Electric Expense 4200 Gross Scheduled Income 84240 Insurance Expense 5400 Land Lease YN No Laundry Features None Listing Agreement Exclusive Right To Sell Listing Terms Cash Maintenance Expense 2400 Net Operating Income 49440 Number Of Units Leased 11 Operating Expense 34800 Other Expense 600 Property Sub Type Mobile Home Special Listing Conditions StandardTrust Trash Expense 900 Water Sewer Expense 4200 Water Source Shared Well



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-06-22T16:38:28.443. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Steele Canyon Realty. Licensed in the State of California, USA.
 
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Steele Canyon Realty
5923 Severin Drive
La Mesa CA, 91942
Listing Agent(s): Iris Angeleri of Pivniska Real Estate Group (707-245-6514)