8910 Soda Bay Road, Kelseyville, CA 95451
Property · 2 recorded sales since 2016
Sold July 2024
Listing Agent: Iris Angeleri (DRE #02024443) · Listing Office: Pivniska Real Estate Group · Contact: 707-245-8500 · Bought with: Iris Angeleri · Pivniska Real Estate Group · MLS #LC24048235 · Source: CRMLS
About this property
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!
Listing description from the July 2024 sale, as reported to CRMLS.
Sale history
