5140 Panorama Dr, Lower Lake, CA 95457
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5140 Panorama Dr Lower Lake, CA 95457

$1,550,000 Sold Price as of 05/05/2023
  • 9 Beds
  • 9.5 Baths
  • 8,340 Sq.Ft.
Sold
$1,550,000 Sold Price as of 05/05/2023 Refinance Your Mortgage

Map preview of 5140 Panorama Dr, Lower Lake, CA 95457

Property Overview: 5140 Panorama Dr Lower Lake, CA has 9 bedrooms, 9.5 bathrooms, 8,340 living square feet and 109,393 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: “Lands End!” – Lakefront! A beautiful ~3,745 sq ft Gated Waterfront Gem nestled on 2 ½ + acres of solitude at the end of Lake Rd. This newer home with 3 bedrooms and 3 ½ baths has amazing craftsmanship and quality throughout. An elevator links the 1st floor with 2 bedrooms to the second-floor kitchen, family and living room and the penthouse floor which is a grand master suite & an art / hobby, reading room which could be a 4th bedroom, all with panoramic big water views. The property includes a duplex rental (not visible from the primary residence) at the top of the lot with each having ~ 2,239 sq ft, 3 bedrooms, 3 baths and 2 car garages, also with great lake views. One of the best sites on the lake for the Austin Park 4th of July fireworks! Potential galore, Primary residence, vacation home, Party Events, Airbnb, you name it! A gentle sloping path to the beach is the site of your potential new dream dock! This is a must see property!

Listed by Catherine Snow | BRE #00928511 | Snow Lakefront Properties
Last checked: 4 minutes ago | Last updated: June 9th, 2023 | Source CRMLS | DOM: 89

Home details

Lot Sq. Ft
109,393
HOA Dues
$0/mo
Year built
2005
Garage
6 Car
Property Type:
Multi Family
Status
Sold
MLS#
LC22186082
City
Lower Lake
County
Lake
Time on Site
598 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Leased Units: 2
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 3
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 3
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $24,000
  • Total Rent: $24,000
  • Pro Forma/Market Rent: $24,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 3
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $24,000
  • Total Rent: $24,000
  • Pro Forma/Market Rent: $24,000
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 4
  • Garage Spaces: 2
  • Garaged Attached? No
  • Total Rent: $0
  • Pro Forma/Market Rent: $54,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $102,000
  • Net Operating Income: $97,000
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $5,000
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $3,464
  • Water/Sewer: $0

Property Details for 5140 Panorama Dr

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Dryer Included, Electric Dryer Hookup, Washer Hookup, Washer Included
Fireplace Information
  • Has Fireplace
  • Family Room, Living Room, Master Bedroom
Interior Features
  • Elevator
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 6
  • # of Parking Spaces: 6
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 3
  • Parcel Number: 010033210000
  • Year Built Source: Public Records
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Engineered Septic
  • Water Source: Well
Location / Neighborhood
Location Information
  • Directions: 29 to Point Lakeview to right on Anderson, Keep going on Anderson it becomes Panorama (Duplexes) then keep going and it becomes Lake Rd, go through gate till end of road.
Neighborhood Information
  • Community Features: Fishing, Foothills, Hiking, Lake, Watersports
View more facts & features

Local Lower Lake Agent

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Sale History for 5140 Panorama Dr

Last sold for $1,550,000 on May 5th, 2023
  • June, 2023

  • Jun 9, 2023

    Date

    Canceled

    CRMLS: LC22176143

    $1,799,000

    Price

  • Aug 19, 2022

    Date

    Active

    CRMLS: LC22176143

    $1,799,000

    Price

  • Listing provided courtesy of CRMLS

  • May, 2023

  • May 5, 2023

    Date

    Sold

    CRMLS: LC22186082

    $1,550,000

    Price

  • Aug 23, 2022

    Date

    Active

    CRMLS: LC22186082

    $1,799,000

    Price

  • September, 2022

  • Sep 6, 2022

    Date

    Expired

    CRMLS: LC22073068

    $2,000

    Price

  • Apr 11, 2022

    Date

    Active

    CRMLS: LC22073068

    $2,000

    Price

  • Listing provided courtesy of CRMLS

    Lovely 3 bedroom 2 bath home in Jago Bay. It's half of a duplex. Private setting. Lake views. Open living and kitchen area with high ceiling, island in kitchen, walk in pantry, decks on both levels and attached garage with generator in case of power outages. Unit is about 2200 sq ft with master suite upstairs.

  • September, 2021

  • Sep 15, 2021

    Date

    Leased

    CRMLS: LC21164175

    $2,000

    Price

  • Aug 24, 2021

    Date

    Price Change

    CRMLS: LC21164175

    $2,000

    Price

  • Aug 8, 2021

    Date

    Price Change

    CRMLS: LC21164175

    $2,200

    Price

  • Jul 27, 2021

    Date

    Active

    CRMLS: LC21164175

    $2,500

    Price

  • Listing provided courtesy of CRMLS

    Bright and Cheery! High ceilings with lots of light and that open space feeling. Lovely 3 bedroom, 3 bath home in duplex with awesome lake views! Low maintenance yard, fireplace, kitchen open to living area, decks to enjoy the views and horseshoe pit in back yard. Generator for power outages. Small dog considered.

  • September, 2021

  • Sep 8, 2021

    Date

    Price Change

    CRMLS: LC21163267

    $2,250,000

    Price

  • Jul 26, 2021

    Date

    Active

    CRMLS: LC21163267

    $2,500,000

    Price

  • Listing provided courtesy of CRMLS

    3 LARGE HOMES ON 2.5 ACRE PARCEL. Lakefront! Don't miss this Unique, One of a kind, Lakefront property with Unlimited Possibilities. Move in Ready! Looking for a large Family Estate with multiple homes? How about a Bed & Breakfast you can move right into or an AirBNB for investment potential? This fabulous property offers over 2.5 acres and includes the main house on the lake that's about 3765 sq ft. with 3 bedrooms, 3.5 baths, an office, library, bonus room, or 4th bedroom, walk in closet, and open kitchen with an island, double ovens, pantry, dining room and family room with spectacular views. Several balconies for enjoying the sunrise or sunsets. Tile and hardwood flooring, formal living room with fireplace, Master suite with fireplace, an oversized 2 car garage, and an elevator. This is 5280 Lake Rd. It's private and secluded and at the end of the road. 5140 and 5142 Panorama are included with this amazing property. They are each a 3 bedroom, 3 bath home in this duplex and about 2239 sq ft each unit with open living area, balconies, and lake views. This is income producing.

  • May, 2021

  • May 17, 2021

    Date

    Leased

    CRMLS: LC21080461

    $2,000

    Price

  • May 12, 2021

    Date

    Pending

    CRMLS: LC21080461

    $2,000

    Price

  • Apr 16, 2021

    Date

    Active

    CRMLS: LC21080461

    $2,000

    Price

  • Listing provided courtesy of CRMLS

    Bright and Cheery! High ceilings with lots of light and that open space feeling. Lovely 3 bedroom, 3 bath home in duplex with awesome lake views! Low maintenance yard, fireplace, kitchen open to living area, decks to enjoy to views and horseshoe pit in back yard. Generator for power outages. Small dog considered.

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Tax History for 5140 Panorama Dr

Assessed Value (2020): $888,540
Year Land Value Improved Value Assessed Value
2020 $32,340 $856,200 $888,540

Home Value Compared to the Market

This property vs the competition

5140 Panorama Dr sold on May 5, 2023 for 547.12% higher than the current median sold price for the city of Lower Lake which is $278,000. The median sold price per/sqft for Lower Lake is $169 and this home is sold at $215.71 per/sqft which puts the price per square foot 27.64% higher than the current median sale per square foot for the city of Lower Lake.

About 5140 Panorama Dr

Detailed summary of property

5140 Panorama Dr is a multi family that recently sold in Lower Lake, CA 95457. This multi family property offered 9 bedrooms, 9.5 bathrooms, roughly 8,340 living square feet, and sits on an approximately 109,393 square foot lot. 5140 Panorama Dr was first listed on ArdentRealEstateGroup.com on September 2, 2022. The homeowner sold the property for $1,550,000. Home in Lower Lake are selling for a median price of $278,000 and a median price per square foot of $169. Based on Ardent Real Estate Group's Lower Lake Market Data, this home is sold 547.12% higher than the current median priced home. Local homes that are currently for sale include 633 N Vista St, 6669 De Longpre Ave and 6918 Willoughby Ave. While the average home in Lower Lake, CA is selling in 133 days, 5140 Panorama Dr has a days on market of 89 days. There are currently 22 homes for sale in the Lower Lake real estate market and 22 of them are single family homes while 0 of them are condos and 0 are townhomes. For more information on this home for sale at 5140 Panorama Dr Lower Lake, CA 95457 contact Ardent Real Estate Group and we will put you in touch with one of our Lower Lake agents.

Public Facts for 5140 Panorama Dr

Public county record property details
Beds
6
Baths
4
Year built
2005
Sq. Ft.
4,478
Lot Size
109,335
Stories
--
Type
Single Family Residential (Assumed)
Pool
No
Spa
No
County
Lake
Lot#
--
APN
010-033-210-000

The source for these homes facts are from public records.

95457 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$649,000
Median List Price/Sq.Ft.
$295
Median Sold Price
$278,000
Median Sold Price/Sq.Ft.
$169
Total Inventory
22
Median Sale to List Price %
76.58%
Avg Days on Market
182
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (100%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.