
4045 Mesa, Clearlake, CA 95422
4045 Mesa, Clearlake, CA 95422
Property Description
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.
Features & Amenities
Property Details
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Current Rates
Comparative Market Analysis
Affordable Tier · 5 active · 5 closed
Clearlake · Single Family Residence
Listed 54.4% above the median closed sale of $285,000. Price per sqft ($332) is a 52% premium to closed comps ($218). Closed comps sold at 90% of list — buyers have negotiating leverage.
Price Position
Positioned above the market — commands a premium.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 3921 Villa Avenue | Clearlake | 1987 | 3 | 2 | 1,344 | 4,792 | $167 | $225,000 | 63 | 90 |
| 3971 Villa Avenue | Clearlake | 1969 | 3 | 2 | 1,300 | 4,792 | $107 | $139,500 | 65 | 87 |
| 3985 Oakmont Drive | Clearlake | 1980 | 3 | 2 | 1,232 | 2,614 | $340 | $419,000 | 102 | 86 |
| 15906 33rd | Clearlake | 1991 | 3 | 2 | 1,110 | 5,227 | $185 | $205,000 | 99 | 86 |
| 3771 Manchester Avenue | Clearlake | 1980 | 2 | 2 | 1,176 | 5,227 | $174 | $205,000 | 95 | 84 |
| Total: 5 · Average | 2.8 | 2.0 | 1,232.4 | 4,530.4 | $194.6 | $238,700 | 84.8 | |||
| Median | 1,232 | $205,000 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 7293 Anchor | Clearlake | 1986 | 08/07/2026 | 3 | 2 | 1,222 | 8,712 | $360,000 | $353,000 | $289 | 0.98 | 47 | 91 |
| 15233 Austin | Clearlake | 1976 | 08/28/2026 | 3 | 2 | 1,200 | 6,970 | $369,000 | $320,000 | $267 | 0.87 | 222 | 88 |
| 6870 Stonybrook | Clearlake | 1977 | 09/21/2026 | 3 | 2 | 1,281 | 10,454 | $285,000 | $285,000 | $222 | 1.00 | 38 | 88 |
| 12805 Lakeshore Drive | Clearlake | 1961 | 10/09/2026 | 3 | 2 | 1,300 | 5,663 | $339,000 | $250,000 | $192 | 0.74 | 174 | 86 |
| 3265 14th Street | Clearlake | 1978 | 10/09/2026 | 2 | 2 | 1,248 | 4,792 | $160,000 | $150,000 | $120 | 0.94 | 108 | 86 |
| Total: 5 · Average | 2.8 | 2.0 | 1,250.2 | 7,318.2 | $271,600 | $271,600 | $218 | — | 117.8 | ||||
| Median | 1,248 | $285,000 | $285,000 | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.