$3,650,000
$3,950,000
7.6%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
2 Baths
1,200 SqFt
SOLD DATE : 12/28/2020
Key Details
Sold Price $3,650,000
Property Type Single Family Home
Sub Type Cabin
Listing Status Sold
Purchase Type For Sale
Square Footage 1,200 sqft
Price per Sqft $3,041
MLS Listing ID LC20183677
Sold Date 12/28/20
Bedrooms 3
Full Baths 2
HOA Y/N No
Year Built 1960
Lot Size 826.000 Acres
Property Description
40 Springs Valley is home to one of the most amazing private lakes and renovated cabins on the North Coast. Cabins are spring fed, but wells have been dug. First well produced 100+ GPM when drilled and has pump and propane generator installed. Water lines are plumbed into the 14+/- acre gentle bench below. Second well rated at 18 GPM and is located on another natural bench about 4 acres in size. No cannabis exclusion zones affect the developed area, and the sneaky 1,000 ft exclusion from public land stays well to the east. Also outside any areas of farmland importance so outdoor cultivation should be allowed. Possible growing area is all on ridge top so frost should not be a concern. Cabins have been very nicely appointed, there are springs and a pond to enjoy, wildlife all over it, and the views are just spectacular. In multiple legal parcels and easements and road cost sharing agreements have been done. Road is paved and gated at the entrance, but one section needs rebuilding to become 4290 compliant. Two of the parcels may need to be merged to make them compliant with cannabis ordinance. All of this can be done by talented operator, but if it was easy the price would be twice as high! Seller financing is available.
Location
State CA
County Lake
Area Lcnic - Nice
Rooms
Main Level Bedrooms 3
Interior
Interior Features All Bedrooms Down
Cooling None
Fireplaces Type Living Room, Wood Burning
Fireplace Yes
Laundry None
Exterior
Pool None
Community Features Fishing, Hiking, Horse Trails, Hunting, Mountainous, Near National Forest
Waterfront Description Lake,Pond
View Y/N Yes
View Hills, Lake, Mountain(s), Neighborhood, Panoramic, Creek/Stream, Valley, Vineyard, Trees/Woods
Private Pool No
Building
Lot Description Ranch, Secluded, Trees
Story One
Entry Level One
Sewer Septic Tank
Water See Remarks
Level or Stories One
New Construction No
Schools
School District Upper Lake Union
Others
Senior Community No
Tax ID 00402821
Acceptable Financing Cash, Owner Will Carry
Horse Feature Riding Trail
Listing Terms Cash, Owner Will Carry
Financing Cash
Special Listing Condition Standard
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Bought with Iris Angeleri • Pivniska Real Estate Group