Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    24255 Morgan Valley Lower Lake, CA 95457

    View on Map
    Pending
    $329,000

    Land/Lot - Lower Lake, CA

    Lot size:
    3,416,846.40 Acres
    Added:
    Mar 21, 2026
    Days on Market:
    12
    Last Refresh:
    Apr 1 at 9:06 am

    Property Features for 24255 Morgan Valley

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    APZ
    Exterior features
    Community Features Included: Hiking, Hunting
    Standard status
    Pending
    APN
    012015430000
    Lot size
    3,416,846.40 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Hazel Wayman
    Hazel Wayman

    Listing agent Hazel Wayman License #01827640

    Listing office RE/MAX Gold Lake County 1675 S. Main St., Lakeport, CA

    Listing date Mar 21, 2026

    MLS# LC26061753 Listing URL

    Copyright © 2026 Lake County Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lower Lake Oasis Land Parcel

    This property in Lower Lake, California, encompasses nearly 80 acres. The parcel offers the opportunity to create a private retreat with panoramic views. The land provides ample space for designing and building a haven tailored to individual desires, from a modern architectural masterpiece to a rustic country estate. The location offers both solitude and convenience, providing an escape surrounded by nature. There is potential for gardens, private hiking trails, or even vineyards. This property presents an opportunity to cultivate a legacy in a picturesque region.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Lower Lake
    County
    Lake
    State
    California
    Longitude
    -122.4631169
    Latitude
    38.8828491

    Nearby Similar for Sale

    • $799,000

      Expansive Ranch in Lower Lake

      220-acre ranch with diverse landscape and agricultural potential.
      11158 Rocky Creek Road, Lower Lake, CA 95457
      View Details
    • $475,000

      Highway Frontage Commercial Land

      Commercially zoned land with high visibility and accessibility.
      9560 Highway 29, Lower Lake, CA 95457
      View Details
    • $325,000

      Vast Acreage in Lower Lake

      160-acre property with new well, suitable for orchards/gardens.
      10480 Sky High Ridge Road, Lower Lake, CA 95457
      View Details
    • $395,000

      120 Acres in Lower Lake

      Three parcels totaling 120 acres with springs and views.
      20808 Morgan Valley Road, Lower Lake, CA 95457
      View Details
    • $50,000

      Expansive Lot in Lower Lake

      Vacant lot ready for dream home construction in Lower Lake.
      16550 Rose Street, Lower Lake, CA 95457
      View Details
    • $185,000

      20-Acre Mountain Retreat Land

      Private land with well and septic system in Lower Lake.
      20560 Solar Ridge, Lower Lake, CA 95457
      View Details
    • $999,000
      11,000 SF

      Lower Lake Commercial Building For Sale

      11,000 sqft commercial building on 2 acres near Hwy 29.
      11270 Clayton Creek Road, Lower Lake, CA 95457
      View Details
    • $475,000

      Highway Commercial Land For Sale

      3.27 acres of commercial land with highway frontage.
      9560 Highway 29, Lower Lake, CA 95457
      View Details
    • $249,000

      Lower Lake Acreage with Views

      101+- acres with views, privacy, and water well.
      10455 Sky High Ridge Road, Lower Lake, CA 95457
      View Details
    • $549,000
      5,160 SF

      Lower Lake Commercial Property

      Rare commercial property in Lower Lake's historic business district.
      16345 Main St, Lower Lake, CA 95457
      View Details
    • $149,900

      Jago Bay Lakeview Land Parcel

      2.77 acre parcel with lake views, well, and septic.
      5191 Lake Road, Lower Lake, CA 95457
      View Details
    • $725,000

      180 Acres Country Ranch Land

      180-acre country ranch featuring a spring, pond, and agricultural potential.
      22605 Cascio Way, Lower Lake, CA 95457
      View Details

    FAQs

    What type of property is this?
    Land - Nearly 80 acres of land in Lower Lake, California.
    Where is this land located?
    The property is located at 24255 Morgan Valley Lower Lake, CA.
    What is the asking price?
    The asking price for this property is $329,000.
    What are key features of this property?
    This property features: Nearly 80 acres of pristine natural beauty.; Breathtaking panoramic views.; Unrivaled privacy and tranquility.
    (707) 262-2435
    We can help!
    Listing Contact
    Hazel Wayman
    Hazel Wayman
    Real Estate License ID: 01827640
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!