38921 Sedalia DrGualala, CA 95445

  • Retail properties
  • 0.34 AC
For Sale
$595,000 View listing

Property Details for 38921 Sedalia Dr

Lot size
0.34 AC
Zone code
C
Property type
Retail properties
Property subtype
Turn key restaurants
APN
145-183-04-00
APU
1451830400

Description

This exceptional mixed-use property in downtown Gualala offers breathtaking views of the Pacific Ocean, the Gualala River, and the beach. Its prime location provides easy access to local shops, art galleries, restaurants, and other amenities. The property boasts 0.35 acres and benefits from mixed-use zoning, allowing for both residential and commercial uses, including cottage industries. A valuable beer and wine license is also available. Convenient access is provided by Highway 1 frontage and a second driveway off Sedalia Drive, ensuring easy ingress and egress. Ample on-site parking is available, or alternatively, a charming garden courtyard offers a tranquil outdoor space. The interior has been extensively updated, featuring a recently remodeled kitchen complete with custom cabinets, countertops, and new appliances. The flexible floor plan easily accommodates three bedrooms, an office, or other configurations to suit individual needs. The main bedroom boasts stunning ocean views and an ensuite newly remodeled full bathroom. Modern comforts include central heating, new custom lighting, a freshly painted interior and exterior, and a washer and dryer. Energy-efficient features include solar panels, an on-demand hot water heater, and a whole-house Aquasana water filter. Two EV car chargers and a designated handicap parking space/concrete pad further enhance the property's appeal. High-speed internet is readily available. This presents a truly excellent investment opportunity in a highly desirable location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $6,037,318
    6.5%
    $5,572,910
    7%
    $5,174,844
  • Comparable approach

    Method
    Valuation
    Relative Method
    $6,922,290
    Geo Method
    $5,386,290
  • Alternative Use

    Use
    Valuation
    Residential
    $4,700,958
    Hospitality
    $4,306,052
    Educational
    $3,582,585
    Medical
    $3,705,795
    Retail
    $5,572,910
38921 Sedalia Dr, Gualala, California

Location Insight

City
Gualala
County
Mendocino
State
California
Latitude
38.7709
Longitude
-123.533
CBSA code
46380
CBSA name
UKIAH, CA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$6,412
$278,773
$150,104
$428,877
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