0.jpg
1 / 34

3985 Oakmont Drive, Clearlake, CA 95422

$419K3bd · 2ba · 1,232 sqft
Lot 2,614 sqft•Single Family Residence•
Active
•103d on market•MLS# LC-26143303

Property Description

Tucked away at the end of a quiet street that leads into a cul-de-sac, this lakefront chalet-style cabin offers a rare opportunity in the highly sought-after Oakmont Cove. Many of the homes in this neighborhood have remained in the same families for generations, reflecting the appeal of this peaceful waterfront setting. Whether you're looking for a weekend escape, fishing cabin, or full-time lakefront home, this property offers incredible potential in one of the lake's best locations. The spacious great room features soaring two-story ceilings, a large wood stove, and expansive windows and sliding glass doors that capture beautiful lake views and fill the home with natural light. The open dining area flows into the kitchen with large breakfast bar and a secondary wet bar area. The main level offers one bedroom and a full bathroom, while upstairs you'll find two additional bedrooms connected by a Jack-and-Jill bathroom, providing comfortable accommodations for family and guests. The home is ready for updating but offers solid bones, classic chalet character, and an opportunity to make it your own. The roof was replaced approximately 10 years ago, providing added peace of mind. Outside, enjoy a level grassy area along the seawall, ideal for relaxing by the water. Existing dock landing and piers are already in place, offering the potential to improve the current setup or add a floating dock, subject to applicable approvals. The protected waters of Oakmont Cove provide deep water while the surrounding peninsula helps shield the cove from the wind, creating excellent conditions for boating, fishing, swimming, and year-round enjoyment. Additional features include two designated parking spaces and a location that's just minutes from town while feeling tucked away and private. Waterfront opportunities in Oakmont Cove are few and far between—don't miss your chance to create your own family legacy on the lake. Can be sold fully furnished, if desired.

Features & Amenities

FeeBuilt 1980

Property Details

Land Type
Fee
Year Built
1980
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
2
Garage Spaces
0
Heating
Wall Furnace, Wood Stove
Cooling
Evaporative Cooling, Wall/Window Unit(s)
View
Hills, Lake, Mountain(s), Panoramic, Trees/Woods, Water
Flooring
Vinyl, Carpet, Laminate
City
Clearlake
Zip Code
95422
County
Lake
Listed byRE/MAX Gold Lake County, Shannon Williams

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,118.69
Principal & Interest
Loan Amount
$335,200
Total Interest
$427,529
Total Payment Over 30 Years
$762,729
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

3985 Oakmont Drive, Clearlake, CA 95422

Clearlake · Single Family Residence

$419K
Affordable Tier
Beds
3
Baths
2
Sqft
1,232
Lot
2,614 sqft
Year
1980
$/Sqft
$340
Pool: No✓
Spa: No✓
View: city✓

Listed 47.0% above the median closed sale of $285,000. Price per sqft ($340) is a 67% premium to closed comps ($204).

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $419K· $340/sqft
Total list price
Closed comps
vs closed median $285K
+$134K (+47.0%)
Active comps
vs active median $209K
+$210K (+100.5%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $197
+$143 (+72.2%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
16463 33rd AveClearlake1992321,17626,571$244$286,4995882
3723 BuckeyeClearlake1968221,2244,792$188$230,00015781
4113 SpruceClearlake1987311,0644,792$196$209,0002481
15906 33rdClearlake1991321,1105,227$185$205,0009880
3771 Manchester AvenueClearlake1980221,1765,227$174$205,0009480
Total: 5 · Average2.61.81,1509,321.8$197.4$227,099.886.2
Median1,176$209,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
3265 14th StreetClearlake197810/09/2026221,2484,792$160,000$150,000$1200.9410887
6870 StonybrookClearlake197709/21/2026321,28110,454$285,000$285,000$2221.003884
15233 AustinClearlake197608/28/2026321,2006,970$369,000$320,000$2670.8722283
7293 AnchorClearlake198608/07/2026321,2228,712$360,000$353,000$2890.984783
3514 Risher AvenueClearlake197310/07/2026221,32025,394$149,000$160,000$1211.074282
Total: 5 · Average2.62.01,254.211,264.4$253,600$253,600$203.8—91.4
Median1,248$285,000$285,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.