ActiveResidential · sale

4045 Mesa

Clearlake, CA 95422

$455,000

  • 3 beds
  • 2 baths
  • 1,324 sq ft
  • 0.15 acres
  • Built 1982

Listed by Pivniska Real Estate Group · MLS #LC26188814

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4045 Mesa, Clearlake, CA 95422 · MLS #LC26188814

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A FEW THINGS TO NOTICE

What stands out.

Details worth a look

From morning coffee overlooking the lake to evenings entertaining on the deck and gazebo, “The Red House” is more than a home—it’s a Clearlake experience.

Year built

Built in 1982.

Garage parking

1 garage spaces listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Waterfront Living in Lily Cove — “The Red House”

Known to locals as “The Red House” and to Airbnb guests as La Maison du Lac, this beloved waterfront retreat in the Lily Cove community of Clearlake offers the rare combination of beautiful lakefront living, income-producing potential, and thoughtful updates throughout.

This 3-bedroom, 2-bath, 1,324 sq. ft. home has enjoyed a strong reputation as a successful Airbnb, with steady bookings and returning guests who have fallen in love with its waterfront setting.

Step inside to find new flooring throughout, new dual-pane windows, new dishwasher and oven, plus a new pellet stove. Beautiful brickwork surrounding the pellet stove and detailed finishes in the kitchen add warmth and character to the home.

The primary bedroom features unobstructed lake views, creating a peaceful retreat where you can wake up to the water every morning. Outside, the approximately four-year-old deck provides plenty of room for lounging, dining and entertaining, while the beautiful gazebo creates an ideal gathering spot overlooking the lake.

And then there’s the waterfront.

The pier has been redone within the last three years, along with a new Trex stairway leading down toward the gazebo, pier and boathouse. The retaining wall has also been redone, adding both function and peace of mind. A new $15,000 winch and trailer provides a convenient way to store your boat when you’re ready to step away from the water.

The attached one-car garage is currently utilized more as a storage/workshop space, providing flexibility for all your lake toys, tools and equipment. Downstairs, you’ll find an additional full bathroom along with the laundry area.



Why Lily Cove?

Lily Cove is a sought-after waterfront community known for its lakefront setting, peaceful atmosphere, easy access to the water and strong recreational appeal. Whether you’re looking for a full-time residence, weekend getaway, vacation home or an established short-term rental opportunity, this location offers the lifestyle people come to Clearlake to enjoy.

Bring your boat, your friends and your love of the water. From morning coffee overlooking the lake to evenings entertaining on the deck and gazebo, “The Red House” is more than a home—it’s a Clearlake experience.

Waterfront. Private pier. Boathouse. Lake views. Established Airbnb history. And a long list of meaningful updates.

THE NEIGHBORHOOD

Explore the location.

4045 Mesa, Clearlake, CA 95422

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1982
Full baths
2
Garage spaces
1
Cooling
CentralAir
Heating
Central,PelletStove
Appliances
Dryer,Washer
Flooring
SeeRemarks
Fencing
CrossFenced
Accessibility
SafeEmergencyEgressFromHome
Pool
No
Pool features
None
Spa
No
Parcel
037093030000
HOA fee
$0.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase
Estimated monthly rent$1,895.83
Cap rate

Annual operating income:

HOA: No HOA cost is included because the listing source reports a $0 fee. Confirm current dues and special assessments before relying on this estimate.

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Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

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Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
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Listing information

MLS #LC26188814 · California Regional MLS

Listing brokerage: Pivniska Real Estate Group
Listing agent: Jennifer Perez

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.