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

    42473 Opal Lane Shaver Lake, CA 93664

    View on Map
    Claim this Listing
    For Sale
    $155,000

    LAND - Shaver Lake, CA

    Type:Single Family Residence
    Lot size:
    0.55 Acres
    Added:
    Jan 9, 2024
    Days on Market:
    842
    Last Refresh:
    Apr 30 at 11:06 am

    Property Features for 42473 Opal Lane

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Standard status
    Active
    APN
    13637128
    Lot size
    0.55 Acres

    Utilities

    Utilities
    Propane

    We can help!

    Listing Contact
    Jaime Bratton
    Jaime Bratton

    Listing agent Jaime Bratton License #02076656

    Listing office Real Broker 39899 BALENTINE DR STE 200, San Diego, CA

    Listing date Jan 9, 2024

    MLS# 606562 Listing URL

    Copyright © 2026 Fresno 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

    Shaver Lake Land Opportunity

    This 0.5479-acre lot is located in the Quartz subdivision of Shaver Lake, California, offering proximity to both the Village and the Lake. It is suited for building a vacation home or for full-time living. Deed restrictions include a minimum house size of 2,500 square feet, a two-car garage, wide streets with paved off-street parking for two vehicles, and setbacks of 35 feet in the front, 20 feet in the rear, and 10 feet on the sides. Restrictions also state no camping, no perimeter fencing, and a maximum of two domestic pets per property.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Shaver Lake
    County
    Fresno
    State
    California
    Longitude
    -119.295316
    Latitude
    37.087473

    Nearby Similar for Sale

    • $450,000
      1,088 SF

      Shaver Lake Multi-Family Property

      Multi-family property on the main road into Shaver Lake.
      42036 Tollhouse Road, Shaver Lake, CA 93664
      View Details
    • $150,000

      Shaver Lake Homesite in Gated Community

      2-acre homesite in Shaver Lake's gated Ridgetop community.
      39076 Ridge Road, Shaver Lake, CA 93664
      View Details
    • $55,000

      Shaver Lake Forested Land Parcel

      5-acre forested parcel near Shaver Lake, California.
      1 Shaver lake, Shaver Lake, CA 93602
      View Details
    • $1,075,000
      3,980 SF

      Shaver Lake Renovated Rental Units

      Five renovated rental units in Shaver Lake, California.
      41930 Buckeye Lane, Shaver Lake, CA 93664
      View Details
    • $145,000

      Shaver Lake Land Opportunity

      Land for sale in desirable Shaver Lake neighborhood.
      42844 Garnet Lane, Shaver Lake, CA 93664
      View Details
    • $99,000

      Shaver Lake Forested Lot

      Serene, prepped lot in Shaver Lake's Wildflower Village.
      40672 Leopard Lilly Lane, Shaver Lake, CA 93664
      View Details
    • $125,000

      Shaver Lake Land Opportunity

      Prime homesite in Shaver Lake's desirable West Village.
      42156 Digger Avenue, Shaver Lake, CA 93664
      View Details
    • $74,500

      Land Near Shaver Lake

      0.19 acre lot near Shaver Lake, California.
      39553 Sunrock, Shaver Lake, CA 93664
      View Details
    • $145,000

      Shaver Lake Land Opportunity

      Land for sale in desirable Quartz Mountain neighborhood, Shaver Lake.
      43006 Garnet Lane, Shaver Lake, CA 93664
      View Details
    • $145,000

      Shaver Lake Land Opportunity

      Land for sale in desirable Shaver Lake neighborhood.
      42884 Garnet Lane, Shaver Lake, CA 93664
      View Details
    • $110,000

      Shaver Lake Land with Views

      4.57-acre parcel with panoramic Sierra Nevada and valley views.
      36982 Glenwood Lane, Shaver Lake, CA 93664
      View Details
    • $145,000

      Shaver Lake Land Opportunity

      Land for sale in desirable Shaver Lake neighborhood.
      42728 Garnet Lane, Shaver Lake, CA 93664
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Residential land near Shaver Lake Village, ideal for vacation home.
    Where is this residential land & home lot located?
    The property is located at 42473 Opal Lane Shaver Lake, CA.
    What is the asking price?
    The asking price for this property is $155,000.
    What are key features of this property?
    This property features: Prime Location: Enjoy close proximity to Shaver Lake Village and the Lake.; Ready‑to‑Build Lots: Tree‑lined lots are ready for your dream vacation home or full‑time residence.; Quartz Subdivision: Located in a desirable, established community.
    (855) 450-0442
    We can help!
    Listing Contact
    Jaime Bratton
    Jaime Bratton
    Real Estate License ID: 02076656
    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!