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

    2515 Eastlake Kelseyville, CA 95451

    View on Map
    Claim this Listing
    For Sale
    $60,000

    Land/Lot - Kelseyville, CA

    Lot size:
    57,848.00 Acres
    Added:
    Nov 13, 2024
    Days on Market:
    521
    Last Refresh:
    Apr 18 at 6:06 pm

    Property Features for 2515 Eastlake

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    R1
    Exterior features
    Community Features Included: Golf, Hiking, Lake, Park, Mountainous
    Standard status
    Active
    APN
    044192300
    Lot size
    57,848.00 Acres

    Taxes and HOA fees

    Expense value
    179
    Expense
    Home Owner Assessments Fee
    Expense freq.
    Annually

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Jenna Rezzonico
    Jenna Rezzonico

    Listing agent Jenna Rezzonico License #02001926

    Listing office Country Air Properties 460 S Main ST, Lakeport, CA

    Listing date Nov 13, 2024

    MLS# LC24230589 Listing URL

    Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Buckingham Vacant Lot with Lake Views

    This 1.33-acre vacant lot is located in a desirable neighborhood in Buckingham. The property has a gentle up-slope from the road and offers lake views. The location is near luxury homes. HOA amenities include a clubhouse, park, boat launch, dock, and pier. The property offers multiple potential building locations, and removing some trees could further enhance the lake views. Questions regarding water meter hookup should be directed to the Buckingham Park Water District. The property is located in Kelseyville, CA.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Big Box & Wholesale Store Food Market Grocery & Convenience Store Wine and Liquor Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Kelseyville
    County
    Lake
    State
    California
    Longitude
    -122.75437
    Latitude
    39.00644

    Nearby Similar for Sale

    • $395,000
      960 SF

      Turn-Key Restaurant in Kelseyville, CA

      Fully-equipped restaurant with indoor and outdoor dining in a vibrant neighborhood.
      9703 State Highway 281, Kelseyville, CA 95451
      View Details
    • $299,000

      40-Acre Creekside Legacy Property

      Rare 40-acre property along Kelsey Creek, ideal for agriculture.
      9550 Kelsey Creek Drive, Kelseyville, CA 95451
      View Details
    • $249,000

      Kelseyville Corner Commercial Lot

      Prime 0.76-acre commercial corner lot with high visibility.
      9700 State Highway 281, Kelseyville, CA 95451
      View Details
    • $49,500

      Kelseyville Land with Panoramic Views

      3+ acre parcel with lake and mountain views.
      7205 Grande Vista Drive, Kelseyville, CA 95451
      View Details
    • $450,000

      Kelseyville Residential Acreage with Shoreline

      49.47 acres ready for development with lake views.
      9555 State Hwy 281, Kelseyville, CA 95451
      View Details
    • $129,000

      Kelseyville Land with Panoramic Views

      Expansive rural property with infrastructure and stunning views.
      9237 Diamond Dust, Kelseyville, CA 95451
      View Details
    • $75,000

      Kelseyville Land with Mountain Views

      Large parcel with engineered plans and septic system installed.
      5657 Yuki Court, Kelseyville, CA 95451
      View Details
    • $14,900

      Kelseyville Residential Land For Sale

      0.39-acre hillside parcel in Kelseyville Riviera community.
      10203 El Capitan, Kelseyville, CA 95451
      View Details
    • $85,000

      Kelseyville Land with Mountain Views

      5-acre lot with lake and mountain views, water access.
      9465 Diamond Dust, Kelseyville, CA 95451
      View Details
    • $62,000

      Kelseyville Land with New Septic

      2.49-acre lot with new septic and water meter.
      9208 Diamond Dust, Kelseyville, CA 95451
      View Details
    • $62,000

      Kelseyville Land with New Septic

      2.49 acre lot with new septic and water meter.
      9208 Diamond Dust, Kelseyville, CA 95451
      View Details
    • $75,900

      Kelseyville Land with Lake View

      Vacant lot with lake view, utilities available, community amenities.
      7826 Evergreen, Kelseyville, CA 95451
      View Details

    FAQs

    What type of property is this?
    Land - Large 1.33 acre lot in desirable neighborhood with lake views.
    Where is this land located?
    The property is located at 2515 Eastlake Kelseyville, CA.
    What is the asking price?
    The asking price for this property is $60,000.
    What are key features of this property?
    This property features: 1.33 acre vacant lot in Buckingham; Enjoy the lake views this property offers; Located in a highly desirable neighborhood with luxury homes
    (707) 367-7196
    We can help!
    Listing Contact
    Jenna Rezzonico
    Jenna Rezzonico
    Real Estate License ID: 02001926
    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!