Property Description

Ceago is the premier private ownership on Clear Lake. This luxurious estate spans close to 3/4 of a mile of lake front and borders Hwy 20 on both sides. For the past 20 years this has been a wine country estate with tasting room and used as an event center. Vineyards, olive orchard, and lavender are still being managed on site. Western 57 acres is zoned Planned Development Commercial, which will give the new owner many options for development. Eastern 100+ acres are zoned Planned Development Residential. Improvements include 2 lakeside casita’s for owners use or short term rentals, 2400 sq ft event room with bar, dining area, and huge fireplace, 4000 sq ft courtyard with fountain overlooking the lavender field and Clear Lake, and an additional 4,000 sq ft courtyard with outdoor kitchen with views of surrounding mountains. Even the 1200 sq ft pumphouse has been tastefully designed for use in events. Additional apartment available overlooking the courtyard. Beach area used for parties and events has lights, bar, tables and incredible sunset views. Ceago boasts the largest private pier on Clear Lake and is accessible by car, boat, sea planes, it even has a helicopter pad! Now that the cannabis industry has decided Lake County is one of the most desirable locations in the nation, 4/20 tourism won’t be far behind. Ceago has the potential to be a world class destination for this emerging industry. Water board enrollment applied for prior to 10/31.

Features
: None
: Central
Appliances
: Individual Room
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19/11/2021 15:48:45
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Commercial For Sale

5115 E State Hwy 20

Visits : 14 in 1543 days
$16,000,000
Listing ID #LC20232533
Basic Details
Listing Type : For Sale
Property Type : Commercial
Price : $16,000,000
View : Mountain(s)
Listing ID : LC20232533
Agent info
Rina Maya
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