Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Lucerne Land with Lake Views Title is generated by Realmo AI

    8456 Paradise Valley Boulevard, Lucerne, CA 95458

    View on Map
    Claim this Listing
    For Sale
    $69,500

    Land/Lot - Lucerne, CA

    Lot size:
    11,761.00 Acres
    Added:
    May 13, 2025
    Days on Market:
    364
    Last Refresh:
    May 11 at 10:06 am

    Property Features for 8456 Paradise Valley Boulevard

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    R1
    Exterior features
    Community Features Included: Curbs, Biking, Fishing, Lake, Sidewalks, Park
    Dock
    1
    Standard status
    Active
    APN
    0603210900
    Lot size
    11,761.00 Acres

    Utilities

    Water front features
    Lake Privileges

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Kenneth Hefflefinger

    Listing agent Kenneth Hefflefinger License #00903846

    Listing office Century 21 Epic 912 S. Main St, Yuba City, CA

    Listing date May 13, 2025

    MLS# LC25106545 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.

    HighLights

    • Includes a boat slip (#12) in the community's protected marina.
    • Located in Paradise Cove, an upscale lakeside community on Clear Lake's desirable North Shore.
    • Level, approximately ¼ acre parcel with underground utilities (water, sewer, power) ready for building.
    • Oriented to capture views of the lake, mountains, Mt. Konocti, and sunsets.
    • Community amenities include tennis courts, boat launch ramp, and lakefront picnic/BBQ park.
    • Conveniently located for day trips to Mendocino coastline, Sonoma & Napa wine country, redwood forests, and Sacramento valley.

    Overview

    Located in Paradise Cove on the North Shore of Clear Lake, this approximately 0.27-acre level parcel offers an opportunity to build a hideaway home. The property is oriented to capture views of the lake, surrounding mountains, Mt. Konocti, and sunsets. Underground utilities, including water, sewer, and power, are available. The parcel includes boat slip #12 in the community’s inlet-protected marina. Community amenities feature tennis courts, a boat launch ramp, and a lakefront picnic/BBQ park. The location allows for day trips to the Mendocino coastline, Sonoma & Napa wine country, coastal redwood forests, and the Sacramento valley. The property is zoned R1.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Auto Repair Shop Pet Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Lucerne
    County
    Lake
    State
    California
    Longitude
    -122.7541392
    Latitude
    39.0426415

    Nearby Similar for Sale

    • $350,000
      2,000 SF

      Lucerne Commercial/Residential Investment Opportunity

      Commercial property with residence in high-traffic Lucerne location.
      6000 E Highway 20, Lucerne, CA 95458
      View Details
    • $180,000
      1,144 SF

      Lucerne Commercial Property For Sale

      Commercial property for sale in Lucerne, CA with upgrades.
      6320 Highway 20 E, Lucerne, CA 95458
      View Details
    • $12,000

      Lucerne Land Near Clear Lake

      Land near Clear Lake with utilities and paved road access.
      6590 Hotel Road, Lucerne, CA 95458
      View Details
    • $470,000

      Historic Ranch with Creek Frontage

      Expansive 735-acre ranch with creek, meadows, and oak groves.
      16332 Bartlett Springs Road, Lucerne, CA 95458
      View Details
    • $66,900

      Lucerne Land with Lake Views

      Quarter-acre Lucerne parcel with utilities, marina access, and lake views.
      8336 Paradise Valley Boulevard, Lucerne, CA 95458
      View Details
    • $180,000

      Highway 20 Commercial Property For Sale

      Commercial property with upgrades, high visibility, and potential for expansion.
      6320 Highway 20 E 1, Lucerne, CA 95458
      View Details
    • $150,000

      Lucerne Land Parcel with Marina

      Lucerne land parcel near Clear Lake with marina access.
      8541 Paradise Valley Boulevard, Lucerne, CA 95458
      View Details
    • $18,000

      Lucerne Land with Views

      Two contiguous parcels with views, suitable for residential development.
      4095 4097 Robinson Road, Lucerne, CA 95458
      View Details
    • $259,000

      Lucerne Acreage with Lake Views

      40+/- acres with lake views, well, and approved septic.
      5250 Bartlett Spring Road, Lucerne, CA 95458
      View Details
    • $16,500

      Lucerne Land for Outdoor Activities

      4.3 acres for cabin, fishing, hunting, and camping.
      18598 Bartlett Springs, Lucerne, CA 95458
      View Details
    • $40,000

      Lucerne Land/Lot For Sale

      Residential land available in Lucerne, California.
      7535 Bruner Drive, Lucerne, CA 95443
      View Details
    • $15,000

      Lucerne Land Lot For Sale

      Residential land in Lucerne, CA, near end of cul-de-sac.
      4219 Windsor Way, Lucerne, CA 95458
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Desirable Lucerne land parcel with lake views and boat slip.
    Where is this residential land & home lot located?
    The property is located at 8456 Paradise Valley Boulevard Lucerne, CA.
    What is the asking price?
    The asking price for this property is $69,500.
    What are key features of this property?
    This property features: Includes a boat slip (#12) in the community's protected marina.; Located in Paradise Cove, an upscale lakeside community on Clear Lake's desirable North Shore.; Level, approximately ¼ acre parcel with underground utilities (water, sewer, power) ready for building.
    (707) 533-7711
    We can help!
    Listing Contact
    Kenneth Hefflefinger
    Real Estate License ID: 00903846
    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

    Thank You for Inquiry
    8456 Paradise Valley Boulevard, Lucerne, CA 95458
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!