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:
• 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 Resort
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.
72 days
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1,050
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28
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Zillow last checked:
Listing updated:
Listed by:
August SchmittDRE #01988680707-799-0443,
August Schmitt Realty Solutions
Source: CRMLS,MLS#: LC26122852Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 5
Bathrooms: 5
Full bathrooms: 5
Main level bathrooms: 5
Main level bedrooms: 5
Rooms
Room types: Family Room, Kitchen, Laundry, Other
Other
Features: Walk-In Closet(s)
Heating
Central
Cooling
Central Air
Appliances
Laundry: Washer Hookup, Electric Dryer Hookup
Features
Walk-In Closet(s)
Has fireplace: Yes
Fireplace features: Living Room, Wood Burning
Common walls with other units/homes: No Common Walls
Interior area
Total interior livable area: 3,650 sqft
Property
Parking
Total spaces: 2
Parking features: Garage - Attached
Attached garage spaces: 2
Features
Levels: Two
Stories: 2
Entry location: street
Pool features: Community, Association
Has view: Yes
View description: Lake, Mountain(s), Neighborhood, Rocks, Trees/Woods, Water
Has water view: Yes
Water view: Lake,Water
Lot
Size: 0.63 Acres
Features: Back Yard, Front Yard
Details
Additional parcels included: 045021290000
Parcel number: 045021280000
Zoning: R1
Special conditions: Standard
Horse amenities: Riding Trail
Construction
Type & style
Home type: MultiFamily
Property subtype: Triplex
Condition
New construction: No
Year built: 1984
Utilities & green energy
Sewer: Septic Tank
Water: Public
Community & HOA
Community
Features: Biking, Curbs, Dog Park, Foothills, Fishing, Golf, Gutter(s), Hiking, Horse Trails, Stable(s), Hunting, Lake, Military Land, Mountainous, Near National Forest, Park, Preserve/Public Land, Rural, Ravine, Storm Drain(s), Street Lights
HOA
Has HOA: Yes
Amenities included: Dock, Meeting Room, Outdoor Cooking Area, Barbecue, Pool
HOA fee: $323 annually
HOA name: Riv West
HOA phone: 707-279-8544
Location
Region: Kelseyville
Financial & listing details
Price per square foot: $123/sqft
Tax assessed value: $400,000
Annual tax amount: $4,354
Date on market: 6/5/2026
Cumulative days on market: 72 days
Listing terms: Cash,Conventional,1031 Exchange,FHA,Owner May Carry