9645 Lee Street, Upper Lake, CA 95485
Local realty services provided by:CENTURY 21 Sierra Properties
Listed by: gary peck
Office: lpt realty, inc
MLS#:326030603
Source:MFMLS
Price summary
- Price:$550,000
- Price per sq. ft.:$275
About this home
Three doors. One property. Endless strategy. Whether you're looking to live well and let your investment pay you back, build a multi-unit rental portfolio, or launch a short-term vacation rental operation on one of California's most underrated lakes 9645 Lee St delivers the flexibility to do all three. Set on a 0.31-acre lot in Upper Lake, this income-ready property sits minutes from Clear Lake California's largest natural freshwater lake and one of the only large lakes in Northern California where you can actually swim comfortably. Unlike Sierra lakes where snowmelt keeps water temperatures frigid well into summer, Clear Lake's warm shallow waters are swim-friendly from late spring through fall, making it a genuine alternative for families and groups who want real lake recreation, not just scenery. Three separate structures deliver maximum flexibility: a 4-bed/2-bath main house (~1,200 SF), a 2-bed/1-bath unit built in 1994 (~780 SF), and a 1-bed/1-bath cottage (~424 SF) 7 bedrooms and 4 bathrooms across the parcel, all independently livable. Live in one, rent the others. Owner-occupy the main house and offset your mortgage with income from the two rental units. At current Clear Lake area long-term rents, you could realistically cover a significant portion of your housing cost from day one. Rent all three. Operate the full parcel as an investment property. Multi-unit properties at this price point with this bedroom count are exceptionally rare in Lake County. Short-term rental potential is real here. Clear Lake draws fishing tournaments, wine country visitors, water sports enthusiasts, and weekend escape seekers from the Bay Area and Sacramento Valley year-round. The STR market in this area operates in a low-regulation environment a major advantage over coastal and Tahoe markets where permit caps and restrictions are tightening. With three separate units, you have the flexibility to mix strategies: long-term anchor tenant in one unit, Airbnb-style short-term in another, and personal use in the main house. Upper Lake sits at the north end of Clear Lake with access to boating, bass fishing, Blue Wing Dining at the historic Tallman Hotel, and the emerging wine trail through Lake County's volcanic AVAs. Buyer to verify STR ability....
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Home facts
- Year built:1938
- Listing ID #:326030603
- Added:1 day(s) ago
- Updated:April 11, 2026 at 02:46 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:2
- Flooring:Carpet, Laminate, Tile Floor
- Kitchen Description:Disposal, Free Standing Electric Range
- Living area:2,000 sq. ft.
Heating and cooling
- Cooling:Ceiling Fan(s), Central, Multi-Units
- Heating:Electric, Multi-Units
Structure and exterior
- Roof:Composition Shingle, Metal, Shingle
- Year built:1938
- Building area:2,000 sq. ft.
- Lot area:0.31 Acres
- Lot Features:Corner, Landscape Front, Street Lights
- Construction Materials:Concrete, Frame, Stucco, Wood, Wood Siding
- Foundation Description:Concrete Perimeter, Pillar Post Pier, Raised Foundation
- Levels:1 Story
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$550,000
- Price per sq. ft.:$275
Features and amenities
- Appliances:Disposal, Free Standing Electric Range
- Laundry features:Electric, Ground Floor, Inside Laundry Room
- Amenities:Cathedral Ceiling, Formal Entry, Storage Area(s)
Parking
- Garage spaces:2
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