3.6 Acres in Squaw Valley, CA - $149,000
SALE PENDING.... Here is an absolutely unique property... 3.6 acres fronting on a beautiful private lake. And this isn't just any old parcel. It has a marvelous mix of mature trees, unbelievable rock outcroppings, good useable land, and gorgeous shoreline features. This is one fine piece of "eye-candy", just waiting for your new residence. But there's more...read on below.
This is a fully improved property with well, septic, telephone & electric, and driveway to a very large pad. It also has an old doublewide 2br/2ba mobile home that needs repairs but that could provide a place to stay while you are building your new lakefront residence. The seller is attributing no value to the home.
The real value of this property is the land itself. It offers terrific seclusion and privacy plus the opportunity to build a one-of-a-kind homesite setting on a lake. The lake is called Drake Lake, after ...
The real value of this property is the land itself. It offers terrific seclusion and privacy plus the opportunity to build a one-of-a-kind homesite setting on a lake. The lake is called Drake Lake, after one of the area's settling families. It is about 8 acres in all with a total 8 properties fronting on it. This property has, without a doubt, the best frontage of all. The lake is stocked with bass and blue gill. There is no owner's association, just a handshake agreement between neighbors to keep the lake and individual property shorelines maintained. You will love watching the effects of the changing seasons on the lake and the comings and goings of migratory birds.
And, this is one of the best locations in Squaw Valley... only a mile from Hwy 180 which makes for a very easy commute to the valley.
Sounds great but what about the negatives? First of all would be the mobile home. It is liveable but it needs work. While it could be fixed up to be the main residence, the likely result would be to build a new residence that truly takes advantage of the best lake views and either remove the mobile or keep it as guest quarters. The pump in the well and the pressure system are in functional condition but older and should be replaced at some point in the future. That's about it for negatives.
This really is a uniquely beautiful property. The pictures really don't do justice to how exceptional it is. The owner knows what he has and he is firm on his price but when you compare this to any other property with similar features you will absolutely see the value. And...the owner is willing to consider carrying paper for a qualified buyer with a good down payment.
Come check it out. This property will not last. Showing will be strictly by appointment only.
