Sold

45045 Calpella St

Mendocino CA, 95460

$3,295,000


$716.30 per sqft

Sold

4 Beds

5 Baths

4,600 sqft

Multi-family

Built in 2023

Ideal for 1031 exchange, a Mendocino village coastal mixed use property. A beautiful newly constructed home with separate mixed-use income. This recent NY Times featured, 2bd/2ba 1,980 sf Victorian Italianate inspired design with energy efficient amenities including paid for solar, newly constructed in 2023 on .28 acres also includes a detached studio. Mendocino has a pleasant coastal climate with an average summer high of 63 degrees. This central village location is within 500' of restaurants, bank, post office, museum and three blocks to stunning state park protected coastal bluffs. It is extremely difficult to build in the village of Mendocino located on the coast of Northern California. This home was the first new home to be constructed in the village in 15 years requiring numerous state and local agency approvals. In addition, there is a separate fully leased 3-unit Victorian House on the property that was built in 2005 which includes Edward Jones, a national corporate office tenant, and two apartment residences that are fully leased. This is a fantastic opportunity for a 1031 exchange, live work, or just enjoy the benefits of a quality investment that took over 5 years to develop. Property is currently on the waiting list for Single Unit Rental in the Village.

323022174

MLS ID

February 16, 2024

Updated

Map

45045 Calpella St
Mendocino CA, 95460

Interior Features

Total Stories

2


Bedrooms

4 Beds


Bathrooms

5 Baths


Interior Features

Formal Entry


Appliances

Built-In Electric Range, Built-In Refrigerator, Dishwasher, Double Oven, ENERGY STAR Qualified Appliances, Hood Over Range, Insulated Water Heater


Laundry Description

Dryer Included, Washer Included


Floor Description

Wood


Fireplace

No


Cooling

Yes


Cooling Description

Wall Unit(s)


Heating

Yes


Heating Description

Electric

Exterior/Building Features

Lot Size

0.28 Acres


Exterior Features

See Remarks


Lot Features

See Remarks


Architectual Style

Victorian, See Remarks


Roof

Composition


Sewer

Public Sewer

School Information

School District

Mendocino Unified

Other Property Details

Area Name

Coastal Mendocino


Garage

No


Parking

EV Charging, Uncovered Parking Space


Parking Total

7


View

Yes


View Description

Bay, Ocean, Other


County

Mendocino


Water Source

Shared Well


Pool

No


Buyer Agency Compensation

3%

Listing History

Date

Event

Price

12/11/2023

Price Change

$3,175,000

-4%

12/11/2023

Sold

10/24/2023

Under Contract

Bought with David Palma with eXp Realty of California, Inc and Listed by Sarah Schoeneman with Mendo Sotheby's International Realty

Listing Contact:  

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