
4731 West 40th Street, Clearlake, CA 95422
4731 West 40th Street, Clearlake, CA 95422
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
Property Details
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Current Rates
Comparative Market Analysis
Affordable Tier · 5 active · 5 closed
Clearlake · Manufactured On Land
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.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 3258 4th Street | Clearlake | 1976 | 2 | 2 | 720 | 9,584 | $138 | $99,000 | 42 | 46 |
| 15535 23rd Avenue | Clearlake | 1978 | 2 | 1 | 672 | 14,810 | $246 | $165,000 | 70 | 41 |
| 11411 Lakeshore Drive | Clearlake | 1986 | 2 | 1 | 750 | 6,969 | $267 | $200,000 | 2 | 41 |
| 15961 39th | Clearlake | 1982 | 2 | 1 | 784 | 5,227 | $165 | $129,000 | 10 | 40 |
| 14707 Walnut Avenue | Clearlake | 1978 | 2 | 2 | 720 | 4,356 | $207 | $149,000 | 259 | 39 |
| Total: 5 · Average | 2.0 | 1.4 | 729.2 | 8,189.2 | $204.6 | $148,400 | 76.6 | |||
| Median | 720 | $149,000 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 3094 5th | Clearlake | 1972 | 09/22/2026 | 2 | 2 | 800 | 10,019 | $149,900 | $142,000 | $178 | 0.95 | 265 | 51 |
| 4173 Spruce | Clearlake | 1969 | 06/23/2026 | 2 | 1 | 850 | 10,454 | $69,900 | $82,000 | $96 | 1.17 | 45 | 45 |
| 16004 18th Avenue | Clearlake | 1979 | 07/10/2026 | 2 | 2 | 720 | 10,454 | $135,500 | $130,000 | $181 | 0.96 | 125 | 45 |
| 5577 Jones Avenue | Clearlake | 1984 | 09/21/2026 | 2 | 2 | 840 | 5,663 | $75,000 | $57,000 | $68 | 0.76 | 51 | 44 |
| 16109 25th Ave | Clearlake | 1979 | 10/02/2026 | 2 | 2 | 720 | 4,791 | $59,900 | $55,000 | $76 | 0.92 | 13 | 44 |
| Total: 5 · Average | 2.0 | 1.8 | 786 | 8,276.2 | $93,200 | $93,200 | $119.8 | — | 99.8 | ||||
| Median | 800 | $82,000 | $82,000 | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.