Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Lakefront Lot with Mountain Views Title is generated by Realmo AI

    39483 North Shore, Fawnskin, CA 92333

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Ready-to-build lakefront lot with utilities and dock privileges.

    Type:Land
    Added:
    Jul 15, 2023
    Days on Market:
    1037
    Last Refresh:
    Mar 16 at 3:21 pm

    Property Features for 39483 North Shore

    General Information

    Standard status
    Active
    Property subtype
    Land

    We can help!

    Listing Contact
    Mike Dolan

    Listing agent Mike Dolan License #CA-00752899

    Listing office Mike Dolan & Associates

    Listing date Jul 15, 2023

    Source Crexi

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

    All listing content including descriptions, pricing, images are the copyrighted material of Mike Dolan & Associates

    HighLights

    • Lakefront lot with stunning lake and mountain views.
    • Ready to build your dream home.
    • Level lot for easy construction.
    • All utilities available including natural gas, electric, water, and sewer.
    • Enjoy dock privileges.
    • Rare lot opportunity.

    Overview

    This is a lakefront lot ready for construction. The property offers lake and mountain views. Utilities available include natural gas, electric, water, and sewer. The lot also comes with dock privileges.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Waterfront Land

    Suggested Use

    Restaurant Supermarket Travel Agency Food Market Grocery & Convenience Store Electrical Service Building Supply Restaurant Law Firm Big Box & Wholesale Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Fawnskin
    County
    San Bernardino
    State
    California
    Longitude
    -116.9410398
    Latitude
    34.2657693

    Nearby Similar for Sale

    • $129,000

      Fawnskin Lot with Lake Views

      Exceptional Fawnskin lot with sweeping lake and mountain views.
      1125 Fawnskin Drive, Fawnskin, CA 92333
      View Details
    • $7,995,000

      411 Acres of Untouched Beauty

      Pristine mountain resort oasis with endless options on 411 acres.
      34300 Holcomb Valley Road, Fawnskin, CA 92333
      View Details
    • $80,000

      Fawnskin Treed Lot with Driveway

      Treed lot with asphalt driveway in Fawnskin, California.
      1121 Crags, Fawnskin, CA 92333
      View Details
    • $85,000

      Fawnskin Lot with Ski Slope Views

      Elevated lot with ski slope and lake views in Fawnskin.
      39337 Garden Place, Fawnskin, CA 92333
      View Details
    • $99,900

      Buildable Homesite with Utilities

      Large surveyed and graded lot with water and sewer hookups.
      1115 Fawnskin Drive, Fawnskin, CA 92333
      View Details
    • $395,900

      Lakefront Lot with Dock Privileges

      Level lot with lake and mountain views, utilities, dock privileges.
      39483 North Shore Drive, Fawnskin, CA 92333
      View Details
    • $89,000

      Treed Lot in Upper Fawnskin

      Beautiful treed lot near National Forest, build your custom home.
      Bruin Trail, Fawnskin, CA 92333
      View Details
    • $59,900

      Residential Land in Fawnskin, CA

      Land for sale in Fawnskin, utilities at the curb.
      Cedar Dell Road, Fawnskin, CA 92333
      View Details

    FAQs

    What type of property is this?
    Waterfront Land - Ready-to-build lakefront lot with utilities and dock privileges.
    Where is this waterfront land located?
    The property is located at 39483 North Shore Fawnskin, CA.
    What is the asking price?
    The asking price for this property is $479,900.
    What are key features of this property?
    This property features: Lakefront lot with stunning lake and mountain views.; Ready to build your dream home.; Level lot for easy construction.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Mike Dolan
    Real Estate License ID: CA-00752899
    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
    39483 North Shore, Fawnskin, CA 92333
    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!