45045 Calpella StreetMendocino, California95460United States
4 BD5 BASingle Family Homes
1 of 37
Ideal for 1031 exchange, a Mendocino village coastal mixed use property. A beautiful newly constructed home with income. This recent NY Times featured, 2bd/2ba 1,980 sf Victorian Italianate inspired design with energy efficient amenities...
Ideal for 1031 exchange, a Mendocino village coastal mixed use property. A beautiful newly constructed home with 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.
Area Horse Riding/Stables
Air Conditioning, Ceiling Fan
Near Bike Paths, Level, Ocean, Water View, Wooded, Bay View, Jogging / Biking Path, City / Town Street, Wood Siding
Victorian - Italianate
Additional Listing Type
New Construction, New Construction, In Contract
aquatic activity, Beach, Country Living, Fishing, Golf, Eco-Friendly, Historic, Ocean and Beach, Outdoor Activity, Tennis, Wine and Vineyard, Water View, Cycling, Hiking, Equestrian
Sotheby’s International Realty® and the Sotheby’s International Realty Logo are service marks licensed to Sotheby’s International Realty Affiliates LLC and used with permission. Mendo Realty of Mendocino, Inc. fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each franchise is independently owned and operated. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with or related to Sotheby’s International Realty Affiliates LLC nor any of its affiliated companies.