45045 Calpella Street 45045 Calpella StreetMendocino, California95460United States
$3,175,000
4 BD5 BASingle Family Home
1 of 61
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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...
P.O. Box 14Mendocino, California95460United States
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$3,175,000
4
Bedrooms
5
Full Baths
4,600
Sq Ft.
Interior
.28 Acres
Exterior
Single Family Home
Property type
2023
Year Built
C1-10153
Web Id
C1-10153
MLS ID
Sold on
12-08-23
About 45045 Calpella Street
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.Listing provided by Sarah Schoeneman at Mendo Sotheby's International Realty