Amazing opportunity to own three homes on one large corner lot $699,000

Lake Home For Sale

Amazing opportunity to own three homes on one large corner lot in one of Lakeport's most desirable neighborhoods! Fully rented with an estimated 8.32% cap rate! If you have been looking for a family compound or an investment property with great rental income and low maintenance, this one is for you! The main home is a 5bd/2.5 bath, boasts 2531sq ft and is beautifully remodeled with an open, airy and spacious floorplan. Spacious 450 sq eat-in kitchen has cherry cabinets, high end appliances, 14ft of counter space and opens to the dining hall with a wall of windows overlooking the beautifully landscaped fully fenced backyard with garden area and small pond feature. 3 new split units plus a wood stove keep the home cozy in all seasons. Downstairs has high quality laminate flooring throughout plus the original hardwood doors, built in cabinets, beautiful lighting and coffered ceilings. Original staircase has vintage copper inserts. Enclosed summer sleeping porch has 2 twin Ikea bunk bed systems with built-in closets desks. Main floor master bedroom connects to a master bath with claw foot tub marble double vanity. The 2nd full bath has a custom travertine stone shower with bench. Two huge upstairs rooms with kitchenette, lots of closet space and a half bath. Lots of built in cabinets and spaces for storage throughout.



Second home (Red Door House) is a 2bd/1ba Charming cottage. Totally Remodeled with laminate flooring, cherry kitchen cabinets tiled bath with claw foot tub. Open living rm/dining area plus antique sliding barn door entrance to main bedroom. Smaller bonus room can be used as a 2nd bedroom, hobby room or walk-in closet. Wood stove electric heat. Front yard is shaded and beautifully landscaped and has tons of curb appeal!

Third home (Serenity Cottage) is an adorable 1bd/1ba set off the road. Lovely arbor leads to a gate that opens to a serene setting with natural landscaping. The back and side yards are shaded by 100+ yr old cedar trees. Custom redwood deck, new tin roof, and completely private fenced yard. Raised garden beds and a pond feature (not in use). Inside is an extra-large bedroom with closet system, living room, small kitchen tiled bath.
All homes have vinyl double glazed, low energy windows and are located within walking distance to the lake, park, downtown, shopping transportation. Abundant parking spaces for cars, RV and more!