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  • $1,800,000

    1516 3rd Street #8, Napa, CA 94559

    7beds
    --sqft
    Multi Family
    Built in 1885
    -- sqft lot
    $1,803,100 Zestimate®
    $--/sqft
    $3,235 Estimated rent

    Home value

    $1,803,100

    $1.57M - $2.07M

    $3,235/mo

    Zestimate® history
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    $3,235/mo

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    $11,346/mo

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    $11,346/mo

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    What's special

    Stick eastlake victorianShared rear patio areaClassic architectural characterGas-fired wall furnaceGas water heater
    Discover a unique investment opportunity with The Lovejoy Mansion, a Stick Eastlake Victorian built between 1885-1887 and later converted into an 8-unit multi-family property in the mid-20th century. This building combines classic architectural character with updated systems, offering both historic charm and practical functionality in the heart of Napa Valley. Modern Systems: Comprehensive 1985 renovation included all-new plumbing, ABS drain lines, full rewiring for electric, phone, and cable, and new gas service all separately metered for each unit. Independent Utilities: Each unit boasts its own gas-fired wall furnace and gas water heater, ensuring individual tenant control and efficient management. Fully Leased: Solid tenant base, including some long-term residents, offering immediate cash flow. Outdoor Space: Shared rear patio area perfect for tenant relaxation. Prime Location: Just a short stroll to vibrant Downtown Napa fine dining, tasting rooms, shops, and entertainment all within reach. Whether you're seeking a stable income-producing asset or looking to add a landmark property to your portfolio, The Lovejoy Mansion represents a rare opportunity to own a slice of Napa's heritage in an unbeatable location.

    Zillow last checked:

    Listing updated:

    Listed by:

    Michael Holcomb DRE #01458995 707-226-2661,

    W Real Estate 707-226-2661,

    Will Lance DRE #01931900 707-367-4066,

    W Real Estate

    Bought with:

    Michael Holcomb, DRE #01458995

    W Real Estate

    Source: BAREIS,MLS#: 325046282MLS LogoOriginating MLS: Napa

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 5
    • Full bathrooms: 2
    Heating
    • Wall Furnace
    Cooling
    • None
    Appliances
    • Laundry: Other
    Features
    • Unit 1 - Beds: 3, Baths: 3, Square Footage: 0 | Unit 2 - Beds: 4, Baths: 2, Square Footage: 0
    Interior area
    • Total structure area: 0

    Property

    Parking
    • Parking features: None, See Remarks
    Lot
    • Size: 7,588 sqft
    • Features: Other
    Details
    • Parcel number: 003202008000
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1885

    Utilities & green energy

    • Water: Public

    Community & neighborhood

    Location
    • Region: Napa

    HOA & financial

    HOA
    • Has HOA: No

    Price history

    DateEventPrice
    12/31/2025Sold$1,800,000-8.9%
    Source: BAREIS #325046282 Report a problem
    7/29/2025Listing removed$1,975,000
    Source: BAREIS #325046282 Report a problem
    5/21/2025Listed for sale$1,975,000
    Source: BAREIS #325046282 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Downtown

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,803,100
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,803,100