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4731 West 40th Street, Clearlake, CA 95422

$80K1bd · 2ba · 318 sqft
Lot 12,197 sqft•Manufactured On Land•
Active
•62d on market•MLS# LC-26173697

Property Description

Investors! Fixer Upper! Large lot with home, additional building, and oversized garage make this property a great opportunity! Discover this unique property featuring a home with an addition. The home includes a small back bedroom with a small closet, bathroom with an additional small bathroom next to it, and a kitchen area. The addition with a beautiful wood beamed ceiling has many options! Possible extra living space for a family room or bedroom! Outside laundry area in separate covered area adds convenience. A separate additional building with a metal roof, plenty of natural light from multiple windows, cabinets and a sink offers endless possibilities. Use it as a studio, workshop, office, hobby space, or whatever best suits your needs. The property also features an oversized two car garage with a metal roof, providing plenty of room, storage, and more. The large over a quarter acre mostly fenced lot includes a gated entrance for added privacy, security, and convenience. Ideally located near shopping, restaurants, and local events, this property is not to far from the lake. The area is well known for boating and fishing. With its generous lot, multiple structures, and convenient location, this unique property offers plenty of potential and an excellent opportunity to create a space that fits your lifestyle!

Features & Amenities

FeeBuilt 1900

Property Details

Land Type
Fee
Year Built
1900
Property Type
Residential
Property Subtype
Manufactured On Land
Parking Spaces
7
Garage Spaces
2
Heating
None
Cooling
Evaporative Cooling
Flooring
Laminate
Roof
Metal, See Remarks
City
Clearlake
Zip Code
95422
County
Lake
Listed byUnknown Office, Racine Eich

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$404.52
Principal & Interest
Loan Amount
$64,000
Total Interest
$81,628
Total Payment Over 30 Years
$145,628
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

4731 West 40th Street, Clearlake, CA 95422

Clearlake · Manufactured On Land

$80K
Affordable Tier
Beds
1
Baths
2
Sqft
318
Lot
12,197 sqft
Year
1900
$/Sqft
$252
Pool: No✓
Spa: No✓
Garage: 2-car✓

Listed in line with the median closed sale of $82,000. Price per sqft ($252) is a 110% premium to closed comps ($120).

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $80K· $252/sqft
Total list price
Closed comps
vs closed median $82K
−$2K (−2.4%)
Active comps
vs active median $149K
−$69K (−46.3%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $205
+$47 (+23.2%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
3258 4th StreetClearlake1976227209,584$138$99,0004246
15535 23rd AvenueClearlake19782167214,810$246$165,0007041
11411 Lakeshore DriveClearlake1986217506,969$267$200,000241
15961 39thClearlake1982217845,227$165$129,0001040
14707 Walnut AvenueClearlake1978227204,356$207$149,00025939
Total: 5 · Average2.01.4729.28,189.2$204.6$148,40076.6
Median720$149,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
3094 5thClearlake197209/22/20262280010,019$149,900$142,000$1780.9526551
4173 SpruceClearlake196906/23/20262185010,454$69,900$82,000$961.174545
16004 18th AvenueClearlake197907/10/20262272010,454$135,500$130,000$1810.9612545
5577 Jones AvenueClearlake198409/21/2026228405,663$75,000$57,000$680.765144
16109 25th AveClearlake197910/02/2026227204,791$59,900$55,000$760.921344
Total: 5 · Average2.01.87868,276.2$93,200$93,200$119.8—99.8
Median800$82,000$82,000

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.