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    4820 Old Highway 53 Clearlake, CA 95422

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    For Sale
    $499,000

    4+ acre parcel zoned for multi-residential development near Clearlake.

    Lot size:
    4.55 Acres

    Property Features for 4820 Old Highway 53

    General Information

    Lot size
    4.55 Acres
    Source: Elliman

    Listing Agent: David Lucido

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Land Parcel for Multi-Residential Development

    This 4+ acre parcel is zoned for multi-residential, apartments, and duplex development. The property currently has a few storage units. The location is close to Clearlake and shopping. The surrounding area features apartments and multi-unit dwellings. All 4+ acres are usable. Power is located at the property. Interested parties should contact the Clearlake Planning Department to discuss potential project ideas.
    Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Clearlake
    County
    Lake
    State
    California
    Longitude
    -122.6288534
    Latitude
    38.9482524

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    FAQs

    What type of property is this?
    Land - 4+ acre parcel zoned for multi-residential development near Clearlake.
    Where is this land located?
    The property is located at 4820 Old Highway 53 Clearlake, CA.
    What is the asking price?
    The asking price for this property is $499,000.
    What are key features of this property?
    This property features: - Zoned for Multi-Residential/Apartments/Duplex Development; - Boasts 4+ Usable Acres; - Power Located at Property
    (707) 263-5521
    Request Owner's contact information
    4820 Old Highway 53 Clearlake, CA 95422
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    Clearlake, CA 95422
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    Realmo Value Estimation

    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.

    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.

    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
    4820 Old Highway 53 Clearlake, CA 95422
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