5625 Old Highway 53 - Cottage Oaks 4.3 Acres of Commercial Land Offered at $1,000,000 in Clearlake, CA 95422

Approximately 4.3 acres with 3 parcel numbers, This was a mobile home park that is mainly vacant there are approximately 8 occupied units and 2 unoccupied units on the property. Lake front with a boat launch, Private island and long pier. The lot is mainly flat with a gentle slope from the road. There has been a new water system installed with a 4 inch main line needs final inspection to complete. Seller was going to redevelop but due to family issues not able to proceed. The zoning is for 25 units per acre and the city would like to see the area upgraded so willing to work with development. Clearlake is working on getting more industry and jobs into the area. Adventist health is supposed to be putting in a medical and office building within a mile. This is a great opportunity to be on the leading edge of some explosive growth in the area. Manufactured homes are the last of affordable housing left. We also have 3 other parks that are available with more tenants in them 2 of them are connected to this park and could be combined for almost 9 acres of land on the lake.