38921 Sedalia DrGualala, CA 95445

Property Details for 38921 Sedalia Dr

Lot size

0.34 AC

Zone code

C

Property type

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.

• 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

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

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