4740 W  40th St #1-2, Clearlake, CA 95422
Property image
Property image
FOR SALE
Listed by Hazel Wayman, RE/MAX Gold Lake County, (707) 262-5700

$50,000

    4740 W 40th St #1-2, Clearlake, CA 95422

    Est. Mortgage $378/mo*
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    Home Highlights

    Property Type
    Lot/Land
    HOA
    None

    Local Information

    • Map ViewExplore the area around 4740 W 40th St #1-2.
    • Schools1 Elementary School1 Middle School1 High School
    • Shop & Eat
    -- mins to
    Commute Destination

    About this House

    Discover the potential of this unique property in the heart of Clearlake, California—a rare opportunity offering endless possibilities. Nestled just moments from vibrant downtown, this expansive lot is equipped with two separate hookups, ideal for building not one but two dream homes or investment properties. Envision designing your perfect residence while maintaining a profitable rental unit next door or creating an exclusive family compound.
    The land is a canvas waiting for inspiration; whether you’re envisioning modern architectural masterpieces or charming bungalows reflecting the serene lakeside lifestyle, the choice is yours. The gently sloping terrain offers both privacy and views that capture the essence of Northern California living.
    Imagine morning strolls along nearby walking trails, afternoon adventures right by Clear Lake’s shimmering waters, and evenings spent exploring local dining and shopping hotspots—all within minutes from home. This prime location marries convenience with tranquility, providing an unmatched setting for your future projects.
    Seize this exceptional chance to invest in an area renowned for natural beauty and community spirit. Don't miss out on transforming this versatile blank slate into a cherished masterpiece that encapsulates your vision and meets all your needs!

    Home Details for 4740 W 40th St #1-2

    Interior Features

    Appliances & Utilities
    Utilities: Electricity Available, Sewer Available, Water Available
    View
    Has a ViewView: Neighborhood

    Exterior Features

    Frontage
    Not on Waterfront
    Surface & Elevation
    Elevation Units: Feet

    Days on Market

    Cumulative Days on Market: 7Days on Market: 64

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Unimproved Land
    Building
    Not a New ConstructionNo Additional Parcels
    Property Information
    Parcel Number: 040223270000

    Price & Status

    Price
    List Price: $50,000

    Active Status

    MLS Status: Active

    Location

    Direction & Address
    City: Clearlake

    Agent Information

    Listing Agent
    Listing ID: LC26140564

    Community

    Community Features: Foothills, LakeNot Senior Community

    HOA

    Association for this Listing: California Regional MLSHOA Fee: No HOA Fee

    Lot Information

    Lot Area: 10454 sqft

    Listing Info

    Special Conditions: Standard

    Offer

    Listing Terms: Cash, Conventional

    Miscellaneous

    Mls Number: LC26140564Living Area Range Units: Square FeetAttribution Contact: 707-262-2435Common Interest: NoneUniversal Property Id: US-06033-N-040223270000-R-N

    Additional Information

    FoothillsLakeSource Internet Entire Listing Display

    What Locals Say about Clearlake

    At least 95 Trulia users voted on each feature.
    • 82 % Say car is needed

    • 76 % Say yards are well-kept

    • 76 % Say parking is easy

    • 69 % Say there's holiday spirit

    • 66 % Say it's dog friendly

    • 62 % Say there's wildlife

    • 57 % Say it's walkable to grocery stores

    • 52 % Say neighbors are friendly

    • 47 % Say kids play outside

    • 41 % Say it's quiet

    • 41 % Say they plan to stay for at least 5 years

    • 40 % Say it's walkable to restaurants

    • 28 % Say people would walk alone at night

    • 26 % Say there are community events

    • 18 % Say there are sidewalks

    • 16 % Say streets are well-lit

    Sourced by Trulia users. Learn more about our methodology.
    • Tony S.
      "Clearlake is not a good place to live. This area is poverty stricken and run down. Drugs, blight and hazardous vegetation is the stage in Clearlake. Most of the City of Clearlake is Economically Obsolete. "
    • Tony S
      "25% of all the properties in Clearlake are in tax default, some going all the way back to 1981. The Citizens of Clearlake Highlands were promised paved roads, and that was 40 years ago. Most of the roads are dirt, and one cannot even go for a peaceful walk without getting assaulted by giant, thick clouds of dirt. The majority of all the lots are tiny, thus undesirable, so they sit dilapidated, year after year. There are massive amounts of hazardous vegetation, as well as garbage EVERYWHERE. The truth? I would not recommend the City of Clearlake to a prospective retiree. I am in the process of bettering myself, so I move near the ocean in Mendocino County. Clearlake is full of poverty, drugs and blight. I'm sorry, but that is the truth."
    • Carebearkeys
      "I live in the keys and I absolutely love it. We have a dock and direct access to the lake. It’s quiet and there are not a lot of children in the keys. Most of the homes are summer homes. We have street lights and most of the streets end in a cul-de-sac."
    • Jessica L.
      "my neighborhood is unsafe. there are such extreme potholes it makes it difficult for one to even travel down the roads. "
    • Mrs.M
      "There are MANY stray animals around here. Keep your dog's in your yard to keep them safe. Unfortunately this town is a craphole."
    • Jessica L.
      "Everyone knows everyone. People are very old fashioned in the way they are with others. The lake is beautiful "
    • anon
      "There are stray cats everywhere in the neighborhood I live in AND often there are stray or loose dogs running off leash. "
    • Michelle P.
      "We don’t really do anything in my neighborhood. The town of Clearlake does have random misc events every once and a while, like bands playing in the park, or movies in the park. "
    • Dcartplanes
      "I belonged to the Clearlake Modelers club and I like the friendly atmosphere, even though the area has a drug and homeless problem and something needs to be done about the litter. "
    • crystal n.
      "I lived in Clearlake my whole life. It’s a simple town that needs a caring community. The people are great even though most homes are falling apart "
    • Dcartplanes
      "I lived in the area for 12 years and now I'm living in a motor home, driving around looking for a decent home and property that I can garden and have a mini orchard. I fish and am an artist. This area has an excellent model airplane club, I used to be a member. The water is good. The views can be spectacular. "
    • canepak
      "This is only a couple miles from the nearby Wallmart and close to Cache Creek. It is only 14 miles from Middletown where there are all kinds of options for dining out!"
    • Erikb61
      "Sure, like any city, there are some good areas and bad areas in Clearlake. My house is on the Northeast side, in the country but still in the city limits - I love it. I have met a lot of great people. I think one's view of Clearlake depends on their perception on life - either the glass is half full or half empty."
    • M M. M.
      "Would have loved to live here but for the stench of the lake. It smells like a cesspool all summer--no way I'd get in the water, so thick scum and dying algae and dead fish. I feel for the people who have homes in the Keys--no way to get a boat in or out for the rotting vegetation and algae--smell like living in a sewer 24/7. A shame locals won't take care of their lake...."

    Market trends in Clearlake

    Last updated July 2026
    Buyer'sMarketSeller'sMarket
    Avg. sale price
    Sale-to-List Price
    Price per sq ft
    Available listings
    84
    2
    MoM

    Home Value

    Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

    Comparable sales

    These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
    Address
    Distance
    Property Type
    Sold Price
    Sold Date
    Bed
    Bath
    Sqft
    0.09
    Lot/Land
    $40,000
    12/15/25
    -
    -
    0.34
    Lot/Land
    $26,000
    07/29/26
    -
    -
    0.30
    Lot/Land
    $25,000
    04/07/26
    -
    -
    0.38
    Lot/Land
    $15,000
    10/14/25
    -
    -
    0.42
    Lot/Land
    $10,000
    01/27/26
    -
    -
    0.43
    Lot/Land
    $10,000
    10/14/25
    -
    -
    0.64
    Lot/Land
    $24,000
    10/08/25
    -
    -
    0.46
    Lot/Land
    $12,000
    10/22/25
    -
    -

    Nearby home prices

    Get a sense of expected prices in the area by checking the value of nearby homes.
    Address
    Distance
    Price
    Bed
    Bath
    Sqft
    Status
    0.02
    $249,000
    3
    2
    1,921
    Recently Sold
    0.01
    $76,300
    2
    1
    900
    Off Market
    0.07
    $207,400
    2
    1
    968
    Off Market
    0.03
    $60,000
    -
    -
    -
    For Sale
    0.03
    $210,000
    3
    2
    1,300
    Recently Sold
    0.06
    -
    -
    -
    -
    Off Market
    0.09
    $40,000
    -
    -
    -
    Recently Sold
    0.04
    $180,000
    3
    2
    1,528
    Recently Sold
    0.07
    $253,200
    3
    2
    980
    Off Market
    0.08
    $99,000
    1
    2
    318
    For Sale
    0.07
    $123,900
    1
    1
    512
    Off Market

    Price and Tax history

    DateEventPrice
    Jun 29, 2026
    Source: CRMLS #LC26140564
    Listed For Sale
    $50,000

    LGBTQ Local Legal Protections

    Hazel Wayman, RE/MAX Gold Lake County
    Agent Phone: (707) 262-2435
    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 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.
    Based on information from California Regional Multiple Listing Service, Inc. as of 2026-08-31 16:18:30 PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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    Frequently asked questions about 4740 W 40th St #1-2

    • How big is 4740 W 40th St #1-2?
      4740 W 40th St #1-2 in Clearlake, CA is about 0.24 acres (10,454 sq ft).
    • What is the price per acre for 4740 W 40th St #1-2?
      4740 W 40th St #1-2 in Clearlake, CA is listed at $50,000, or about $210K per acre.
    • What do residents say about Clearlake?
      Residents describe Clearlake, CA as well-kept, easy to park in, and dog-friendly. Most residents say you need a car. See homes for sale in Clearlake, CA.
    • What are the closest schools to 4740 W 40th St #1-2?
      The closest schools to 4740 W 40th St #1-2 in Clearlake, CA are Burns Valley School (Elementary/Middle, rated 3/10), Lower Lake High School (rated 3/10).
    4740 W 40th St #1-2, Clearlake, CA 95422 is a lot/land. This property is currently available for sale and was listed by CRMLS on Jun 29, 2026. The MLS # for this home is MLS# LC26140564.