14620 Olympic , Clearlake, CA 95422
$595,000
Est. Payment: $3,245.22/mo
0.78 Acres
Status: ACTIVE | Days on site: 45
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CR-LCVanguardSF - CR-lcrschmid
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Chris Heller
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House Description

Exceptional investment and󠃍󠂏󠃍󠂏󠃢󠂀󠂋󠃢󠂁󠂤󠃢󠂁󠂡󠃡󠂠󠂎 development opportunity in Clearlake, California. This portfolio includes four parcels along Olympic Drive with a compelling mix of Commercial and High Density Residential zoning. The offering includes 14620 Olympic Drive (APN 039-570-130), Commercial; 14630 Olympic Drive (APN 039-570-140), High Density Residential (HDR); 14634 Olympic Drive (APN 039-570-160), Commercial; and 14638 Olympic Drive (APN 039-570-170), Commercial. With three commercially zoned parcels and one High Density Residential parcel, this assemblage presents an exciting opportunity for an investor, builder, or developer seeking flexibility and long-term potential. The combination of commercial and residential zoning may accommodate a variety of development concepts, subject to City of Clearlake approvals, zoning requirements, utilities, and applicable development standards. Adding to its appeal is the convenient location near key community services, shopping, healthcare, recreation, and schools. Nearby amenities include Wells Fargo Bank, Safeway, City of Clearlake City Hall, Clearlake Fire Department, Lake County Tribal Health South Shore Clinic and Pain and Wellness Center, Austin Park, Burns Valley School, and other local schools. Offered together as a four-parcel portfolio, this is a unique opportunity to acquire multiple properties in one offering and explore the potential of a strategically assembled site in the Clearlake market. Buyer and buyers representatives are encouraged to independently verify zoning, permitted uses, development potential, utilities, parcel boundari
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Highlights

Listed by Rita Schmid , 917-892-1212 Vanguard Properties , 415-321-7000. San Diego County Multiple Listing Service mls logo

Property Type

Vacant Land
Lot/Acreage
0.78

County

Lake

Listing ID

LC26206879

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Interior Features

Exterior Features
Principal Interest
$3,245
Taxes
$379

Home Price

$595,000

Loan Details

30 yrs
7.244%

Down Payment

20%
$119,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,245.22

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,245.22 $379.31 $0.00 $3,624.53
Yearly $38,942.67 $4,551.75 $0.00 $43,494.42
Total $1,168,279.98 $136,552.50 $0.00 $1,304,832.48

Today's Rates

30 Year

7.24%

20 Year

7.12%

15 Year

6.61%

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Market insight data is pulled from the same city as the listing being viewed (Clearlake, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

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Data last updated: 2026-10-03T05:47:05.000Z

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