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3642 Old Highway 53, Clearlake, CA 95422

List Price: $359,000On Market FlagOn market
Aug 8, 2025760 sqft2 beds1 baths
Listed by: August Schmitt
License #: 01988680
Phone #: 707-799-0443
August Schmitt Realty Solutions
Source:
CRMLS Logo
MLS #: LC25179035

Property Description

TREMENDOUS BUILDER/DEVELOPER OPPORTUNITY! 1.75 ACRES (6 parcels) that includes a full set of plans for multi-unit duplexes with infrastructure in place. Parcel 039-510-01-00 (3642 Old Hwy 53) has a 2 bedroom 1 bathroom home on it already. This home has been updated with ductless heating and air system, new floors and more. It is move in ready. The home is nice but the real value here is in the investment potential. The land has been recently escavated the parcels are surveyed, sewer is in and the road way is cleared. This area of Clearlake is located close to dining, shopping, schools, and most importantly the lake and boat launch is only 5 minutes away! The parcels included in this sale are as follows: 3642 Old Highway 53, 3710 Park Dr., 3720 Park Dr., 3719 Hill Road, 3717 Hill Road and 3715 Hill Road. This is an opportunity to not only own a home but rather own an entire neighborhood you can develop into something truly special and profitable.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$1,896

TurboHome Estimated Value

$242,700

$319 sqft

High Valuation
$254,835
$335/sqft
Normal Valuation
$242,700
$319/sqft
Low Valuation
$230,565
$303/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$319/sqft$242,700

Neighborhood

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Comparative Value

$165K

$220K

$231K

$359K

3420 Harrison St, Clearlake, CA 95422

Sale Price: $165,000

Selected Comparable

4064 Carrol Ave, Clearlake, CA 95422

Sale Price: $172,000

Selected Comparable

3641 Sycamore St, Clearlake, CA 95422

Sale Price: $220,000

Selected Comparable

14530 Robinson Ave, Clearlake, CA 95422

Sale Price: $231,000

Selected Comparable

4331 Sunset Ave, Clearlake, CA 95422

Sale Price: $235,000

Selected Comparable

3642 Old Highway 53, Clearlake, CA 95422

List Price: $359,000

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
3642 Old Highway 53, Clearlake, CA 95422

3642 Old Highway 53, Clearlake, CA 95422

List: $359,000

Listed: 8/8/2025

Area:760 sqft
Price/sqft:$472
Beds:2
Baths:1
Year Built:
Lot Size:38,662

Comparable Properties

COMPARABLE
Choose comps
14530 Robinson Ave, Clearlake, CA 95422

14530 Robinson Ave, Clearlake, CA 95422

Sale: $231,000

5/16/20250.64 mi

Area:716 sqft
Price/sqft:$323
Beds:2
Baths:1
Year Built:
Weight:21.1%
3420 Harrison St, Clearlake, CA 95422

3420 Harrison St, Clearlake, CA 95422

Sale: $165,000

9/23/20240.32 mi

Area:744 sqft
Price/sqft:$222
Beds:2
Baths:1
Year Built:
Weight:20.9%
4064 Carrol Ave, Clearlake, CA 95422

4064 Carrol Ave, Clearlake, CA 95422

Sale: $172,000

5/9/20250.41 mi

Area:832 sqft
Price/sqft:$207
Beds:2
Baths:1
Year Built:
Weight:20.8%
4331 Sunset Ave, Clearlake, CA 95422

4331 Sunset Ave, Clearlake, CA 95422

Sale: $235,000

6/24/20250.54 mi

Area:876 sqft
Price/sqft:$268
Beds:2
Baths:1
Year Built:
Weight:20.2%
3641 Sycamore St, Clearlake, CA 95422

3641 Sycamore St, Clearlake, CA 95422

Sale: $220,000

11/7/20240.34 mi

Area:966 sqft
Price/sqft:$228
Beds:2
Baths:1
Year Built:
Weight:17.1%

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