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Discover the potential of this beautiful 2.34-acre property located right on the water, offering breathtaking views and direct access. Just a few blocks to public boat launch, parks and restaurants. Zoned Planned Development Commercial (PDC), this rare parcel provides endless opportunities for your dream development--whether it's a boutique resort, luxury residences, marina, restaurant, or mixed-use project. With its unbeatable location and flexible zoning, this is your chance to create something truly special in a high demand area. Don't miss out--bring your vision and build your future here!

Highlights

  • Commercial Sale
  • Mixed Use
  • 2.34 Acre Lot
  • 405 days on Market

  • Stories
    0.0

  • Acres
    2.34
  • Lot Features
    Level, Near Public Transit, Near Park, Street Level, Trees, Two To Five Units Acre, Lot Over40000Sqft
  • Water Front Features
    Lake, Lake Front
  • Utilities
    Sewer Available, Electricity Available, Water Available
  • Water
    Public

  • Area
    LCLUC - Lucerne
  • County
    Lake
  • City
    Lucerne
  • Zip Code
    95458

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Frequently Asked Questions

How do I schedule a tour of 5905 E Highway 20?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 5905 E Highway 20.

They know commercial sales in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 5905 E Highway 20?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $399,000. We can talk through recent upgrades, potential seller motivation, how this mixed use compares to others in Lucerne, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 5905 E Highway 20?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 5905 E Highway 20 at around $2,271. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 5905 E Highway 20?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Lake County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 5905 E Highway 20?

In most cases, yes. Whether 5905 E Highway 20 is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Lucerne's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 5905 E Highway 20?

We can handle that for you. Our preferred local agent specializes in commercial sales in Lucerne and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $399,000 with 101,930 sqft of space—that comes out to approximately $4 per square foot.

How long has this property been on the market?

5905 E Highway 20 was listed on October 05, 2025, which means it's been on the market for 405 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

What is the lot size of this property?

5905 E Highway 20 sits on a 2.34-acre lot, which is 101,930 square feet.

Is 5905 E Highway 20 still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Based on information from California Regional Multiple Listing Service as of November 14, 2026 at 02:07AM 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. This information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Last Updated: November 14, 2026 at 02:07AM | Source: California Regional Multiple Listing Service | MLS#: LC25233079