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Ponce Deleong Smith

ponce@yourhouseteam.net +1(916) 470-7290

$ 550,000

Est. payment | -/mo

4 Beds

2 Baths

2,250 SqFt

Save Virtual Tour

$ 550,000

Est. payment | -/mo

Save Virtual Tour

4 Beds

2 Baths

2,250 SqFt

Open House

Sun Apr 26, 12:00pm - 3:00pm

Key Details

Property Type Multi-Family

Sub Type 3+ Houses on Lot

Listing Status Active

Purchase Type For Sale

Square Footage 2,250 sqft

Price per Sqft $244

MLS Listing ID 326030603

Bedrooms 4

Full Baths 2

HOA Y/N No

Year Built 1938

Lot Size 0.310 Acres

Acres 0.31

Property Sub-Type 3+ Houses on Lot

Source BAREIS MLS

Property Description

Three doors. One property. Endless strategy. Whether you're looking to live well and let your investment pay you back, build a multi-unit rental portfolio, or launch a short-term vacation rental operation on one of California's most underrated lakes 9645 Lee St delivers the flexibility to do all three. Set on a 0.31-acre lot in Upper Lake, this income-ready property sits minutes from Clear Lake California's largest natural freshwater lake and one of the only large lakes in Northern California where you can actually swim comfortably. Unlike Sierra lakes where snowmelt keeps water temperatures frigid well into summer, Clear Lake's warm shallow waters are swim-friendly from late spring through fall, making it a genuine alternative for families and groups who want real lake recreation, not just scenery. Three separate structures deliver maximum flexibility: a 4-bed/2-bath main house (~2,000 SF), a 2-bed/1-bath unit built in 1994 (~1104 SF), and a 1-bed/1-bath cottage (~831 SF) 7 bedrooms and 4 bathrooms across the parcel, all independently livable. Live in one, rent the others. Owner-occupy the main house and offset your mortgage with income from the two rental units. At current Clear Lake area long-term rents, you could realistically cover a significant portion of your housing cost from day one. Rent all three. Operate the full parcel as an investment property. Multi-unit properties at this price point with this bedroom count are exceptionally rare in Lake County. Short-term rental potential is real here. Clear Lake draws fishing tournaments, wine country visitors, water sports enthusiasts, and weekend escape seekers from the Bay Area and Sacramento Valley year-round. The STR market in this area operates in a low-regulation environment a major advantage over coastal and Tahoe markets where permit caps and restrictions are tightening. With three separate units, you have the flexibility to mix strategies: long-term anchor tenant in one unit, Airbnb-style short-term in another, and personal use in the main house. Upper Lake sits at the north end of Clear Lake with access to boating, bass fishing, Blue Wing Dining at the historic Tallman Hotel, and the emerging wine trail through Lake County's volcanic AVAs. Buyer to verify STR ability.

Location

State CA

County Lake

Area Lake County

Direction From Highway 53 in Upper Lake, head east on East Highway 20. Turn left onto Lee Street. Property is on the right.

Rooms

Family Room Cathedral/Vaulted

Basement None

Guest Accommodations Yes

Master Bathroom Tub w/Shower Over, Granite

Master Bedroom Walk-In Closet

Living Room Cathedral/Vaulted

Dining Room Dining/Living Combo

Kitchen Pantry Cabinet, Kitchen/Family Combo, Island, Granite Counter

Interior

Interior Features Storage Area(s), Formal Entry, Cathedral Ceiling

Heating MultiUnits, Electric

Cooling See Remarks, MultiUnits, Central, Ceiling Fan(s)

Flooring Tile, Laminate, Carpet

Appliance Free Standing Electric Range, Disposal

Laundry Inside Room, Ground Floor, Electric

Exterior

Parking Features Unassigned, RV Access, Private, Detached, Covered

Garage Spaces 2.0

Fence Wood, Back Yard

Utilities Available Sewer Connected, Public, Natural Gas Connected, Internet Available, Electric, Cable Available

Roof Type Shingle,Metal,Composition

Topography Level

Street Surface Paved,Asphalt

Private Pool No

Building

Lot Description Street Lights, Shape Irregular, Landscape Front, Corner

Story 1

Foundation ConcretePerimeter, PillarPostPier, Raised

Sewer Public Sewer

Water Public, Meter Paid

Architectural Style Ranch, Cottage

Level or Stories One

Schools

Elementary Schools Upper Lake Union

Middle Schools Upper Lake Union

High Schools Upper Lake Union

School District Lake

Others

Senior Community No

Tax ID 027-174-190-000

Special Listing Condition None

Pets Allowed Yes, Service Animals OK, Dogs OK, Cats OK

Virtual Tour https://homejab.vr-360-tour.com/e/15sBnXJxZwE/e

Listed by LPT Realty, Inc

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+1(916) 470-7290

ponce@yourhouseteam.net

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9645 Lee ST Upper Lake, CA 95485