Income-producing, multi-use opportunity with picturesque lake views on 6.9 acres. Designed for both lifestyle and revenue, this versatile property offers multiple income streams along with the flexibility to serve as a private residence, weekend retreat, or future development project.
The main home features approximately 2,618 square feet, including an enclosed back patio with HVAC and additional lower-level space perfect for extended living, guests. The elevated setting provides peaceful surroundings, scenic views, and frequent wildlife sightings. Outdoors, the property is already equipped for income generation with multiple fully enclosed storage units, covered boat storage, and two RV parking slips with full hookups. This is ideal for short or long-term rentals. With road frontage on two sides and three separate gated entrances, the layout supports privacy, accessibility, and expansion potential. Additional improvements include a detached garage, dedicated spa or hot tub room, and ample open space for future growth or customization. Also, all new Grade-4 roof and brand new septic tanks have been installed. Located just minutes from the boat ramp, you’ll enjoy easy access to the lake without the added cost of waterfront ownership. Whether you’re looking to invest, live, or create a hybrid of both, this property delivers a rare combination of income potential, land, and lifestyle.
Property Details
- Interior
- Granite Counters, Kitchen Island, Vaulted Ceilings, Walk In Closets
- Fireplaces
- 1
- Cooling
- 1
- Cooling Features
- Central Air, Ceiling Fans, Electric
- Bedrooms
- 3
- Bathrooms
- 3.0
- Full Baths
- 3
- Lot Features
- Acreage, Interior Lot, Many Trees
- Lot Description
- Acreage, Interior Lot, Many Trees
- Exterior Features
- Other, Private Yard, Storage
- Exterior Materials
- Other, Private Yard, Storage
- Acres
- 0.0
- Square Feet
- 2618.0
- Lot Size (sqft)
- 6.9
- Parking Features
- Additional Parking, Covered, Garage, Garage Door Opener, Rv Carport, Boat, Rv Access Parking
- Parking
- 1
- Parking Type
- Garage
- Parking Garage Spaces
- 2.0
- Parking Carport Spaces
- 0.0
- Property Type
- Purchase
- Style
- Traditional, Detached
- Property Subtype Additional
- Single Family Residence
- Year Built
- 1996
- Roof
- Shingle
- Sewer Information
- Septic Tank
- Utility Source
- Well
- Utility Features
- Septic Available, Water Available
- Appliances
- Dishwasher, Electric Range
- Subdivision
- El Lago Estates
- School District
- Chico ISD
- Elementary School
- Chico
- Middle School
- Chico
- High School
- Chico
- County
- Wise
- Region
- Chico
- Days on Market (Cumulative)
- 161
- Taxes Annual
- $6,088
Location
Legal
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Provided By
Listed by Cason Caraway (#0683009)
Listing Office: Post Oak Realty West (#PORW02DW)
