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. Waiting list transfers with the sale.
Sold for $3,175,000
Listed by: Mendo Sotheby's International Realty • Sarah Schoeneman • Contact: 510-418-0070
Bought with: EXP Realty of California, Inc
$3,175,000
45045 Calpella St, Mendocino, CA 95460
4beds
4,600sqft
Quadruplex
Built in 2023
-- sqft lot
$3,509,700 Zestimate®
$690/sqft
$6,821 Estimated rent
Home value
$3,509,700
$3.12M - $3.93M
$6,821/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Sarah Schoeneman DRE #01383401 (510)418-0070,
Mendo Sotheby's International Realty
Bought with:
David Palma, DRE #01938792
EXP Realty of California, Inc
Source: CRMLS,MLS#: C1-10153
Originating MLS: California Regional MLS (Ventura & Pasadena-Foothills AORs)
Originating MLS: California Regional MLS (Ventura & Pasadena-Foothills AORs)Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 5
- Full bathrooms: 5
Rooms
- Room types: Entry/Foyer, Great Room, Kitchen, Laundry, Primary Bedroom, Other, Dining Room
Primary bedroom
- Features: Multiple Primary Suites
Bathroom
- Features: Dual Sinks, Heated Floor, Separate Shower
Kitchen
- Features: Kitchen Island, Kitchen/Family Room Combo, Stone Counters, Self-closing Cabinet Doors, Self-closing Drawers
Other
- Features: Walk-In Closet(s)
Heating
- Electric, High Efficiency
Cooling
- See Remarks
Appliances
- Included: Double Oven, Dishwasher, Electric Cooktop, High Efficiency Water Heater, Refrigerator, Range Hood, Dryer, Washer
- Laundry: Laundry Room
Features
- Separate/Formal Dining Room, Multiple Primary Suites, Walk-In Closet(s)
- Flooring: Wood
- Windows: Low-Emissivity Windows
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 4,600 sqft
Property
Features
- Levels: Two
- Stories: 2
- Patio & porch: Rear Porch, Rooftop, Wood
- Pool features: None
- Spa features: None
- Fencing: Wood
- Has view: Yes
- View description: Bay, Neighborhood, Ocean
- Has water view: Yes
- Water view: Bay,Ocean
Lot
- Size: 0.28 Acres
- Features: 0-1 Unit/Acre, Sprinklers None
Details
- Parcel number: 1192341100
- Zoning: MMU
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Victorian
- Property subtype: Quadruplex
Materials
- Redwood Siding
Condition
- New construction: Yes
- Year built: 2023
Utilities & green energy
- Sewer: Public Sewer
- Water: Shared Well, Well
Green energy
- Energy generation: Solar
Community & HOA
Community
- Features: Rural
Location
- Region: Mendocino
Financial & listing details
- Price per square foot: $690/sqft
- Date on market: 4/11/2023
- Cumulative days on market: 189 days
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 12/8/2023 | Sold | $3,175,000-3.6%$690/sqft |
Source:  CRMLS #C1-10153 Report a problem | ||
| 10/22/2023 | Contingent | $3,295,000$716/sqft |
Source: CRMLS #C1-10153 Report a problem | ||
| 6/28/2023 | Price change | $3,295,000-5.2%$716/sqft |
Source:  BAREIS #323022174 Report a problem | ||
| 5/18/2023 | Price change | $3,475,000-4.8%$755/sqft |
Source: BAREIS #323022174 Report a problem | ||
| 4/12/2023 | Listed for sale | $3,650,000$793/sqft |
Source: BAREIS #323022174 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 95460
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Nearby schools
GreatSchools rating
- NAMendocino Alternative SchoolGrades: K-12Distance: 0.2 mi
- NAMendocino Sunrise High SchoolGrades: 9-12Distance: 0.2 mi
- California
- Mendocino County
- Mendocino
- 95460
- 45045 Calpella St
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