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Northern California Lakeside
Vacation Investment Opportunity

Looking to invest in:
Vacation Condominiums? Bed & Breakfast?
Commercial/Professional Building? Lakeview Bar & Restaurant?

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We might just have what you are looking for.  We have a large home on acre of sunny, lakefront property situated on one of the most beautiful lakes in Northern California.  Its on Lake Almanor, located in the lower Sierras, elevation 4,500ft, about 100 miles north of Lake Tahoe.  We enjoy all 4 seasons with warm summer days and 3-5 ft of snow in the winter.  Outdoor activities abound including: water sports, winter sports, fishing, hiking, and hunting.  Air, water and a quality-of-life that you won't believe exists in California. 

This property is an under-developed jewel.  Its located on a part of the lake which has the busiest road and boat traffic--catering to both locals and tourists.  It is within walking distance to grocery stores, resorts, condominiums, gas, restaurants, ATM and video rentals.  There is an established gated residential community one mile away with a 9-hole golf course, and, a mile in the opposite direction, a championship-level18-hole golf course under-construction.  This is a unique opportunity for:

  • Vacation Condominiums: property could accommodate 4 condominium units (in addition to the existing house) to supplement your income.
  • Bed & Breakfast: minor conversions and this lakeview/lakefront house could become a Northern California weekend getaway.
  • Commercial Building: level road front ideal for a 30x60 commercial/professional building. Could use house for your residence or 2 residential rental units.
  • Lakeview Bar & Restaurant: take advantage of road and boat traffic to create a dining and entertainment destination for Lake Almanor.
  • Your Home + Rental: Existing residence already divided as two 2 bdrm units with separate entrances.

 

314 Peninsula Drive, Lake Almanor

Asking $595,000

For more info call
530-596-3885
Ask for Bernie or Russ Novotny (owners/sellers)

 

www.rawb.com/NotLakeTahoe

Residence:
  • 3,200 sqft, 2-story
  • 4 bdrms / 3 baths
  • 2 living rooms / 1 den
  • 1 sun room with incredible view (above)
  • laundry room, dual kitchens
  • 3 large decks / 2 storage units
  • 13 rooms in all!
  • can be lived in as single home or two units

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View from road
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Lake side of house
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Land:

  • 1 acre +
  • water frontage: 143 ft
  • road frontage: 100 ft
  • lot length: 336 ft
  • includes boat dock with 8 rented boat slips
  • lakeside sundeck at waters edge

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Boat Dock
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Options:

  • Adjoining developed property available on a 5 year option
 


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