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45151 Fern Dr, Mendocino, CA 95460

Sale Price: $1,099,000
Sep 1, 20242,124 sqft3 beds3 baths
Listed by: Jim Eldridge
License #: 01806363
Phone #: (707) 813-8134
Mendo Sotheby's International Realty
Source:
CRMLS Logo
MLS #: C1-10735

Property Description

Step into a Mendocino storybook! Nestled on an elegant lane on the ocean side of the Pacific Coast Highway, this gorgeous turnkey property boasts a pristine upscale 3 bed/2.5 bath cottage on over half an acre, surrounded by lush, lovingly curated landscaping. Only minutes from the historic town of Mendocino, and a short walk to deeded blufftop trail access and Russian Gulch State Park, this property has been fulfilling visitors' coastal dreams as a successful and well-reviewed vacation rental since January 2022, effortlessly achieving a 60% occupancy rate despite weeks of being blocked off for home improvements and blissful owner visits. The home manages to be both manageable in size and yet surprisingly spacious, sleeping eight comfortably in four queen and king-size beds, and includes a first floor primary bedroom suite outfitted with its own dressing area and washer-dryer. Recent home upgrades include a new roof, complete exterior paint, new interior paint, full duct cleaning, new electrical panels, carpeting, smart wifi locks, high-end crystal door hardware, Ecobee smart thermostat, window shades, extensive tree work, and a refurbished garden! Complete with brick propane-start fireplace, a two-car garage, an outdoor enclosed dining patio, and water provided by the neighborhood water company, this property is ready to be your very special second home, your forever dream home, your value-appreciating income stream, or all three!
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$15,426

TurboHome Estimated Value

$1,058,700

$498 sqft

High Valuation
$1,111,635
$523/sqft
Normal Valuation
$1,058,700
$498/sqft
Low Valuation
$1,005,765
$474/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$498/sqft$1,058,700

Neighborhood

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Comparative Value

$800K

$980K

$1.02M

$1.09M

$1.10M

14140 Hilma Cir, Mendocino, CA 95460

Sale Price: $800,000

Selected Comparable

45260 Surfwood Dr, Mendocino, CA 95460

Sale Price: $980,000

Selected Comparable

12061 Cedarwood, Mendocino, CA 95460

Sale Price: $1,023,000

Selected Comparable

45151 Fern Dr, Mendocino, CA 95460

List Price: $1,089,000

Subject Property

45151 Fern Dr, Mendocino, CA 95460

Sale Price: $1,099,000

Selected Comparable

13350 Point Cabrillo Dr, Mendocino, CA 95460

Sale Price: $1,100,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
45151 Fern Dr, Mendocino, CA 95460

45151 Fern Dr, Mendocino, CA 95460

List: $1,089,000

Listed: 9/1/2024

Area:2,124 sqft
Price/sqft:$513
Beds:3
Baths:3
Year Built:
Lot Size:25,369

Comparable Properties

COMPARABLE
Choose comps
45151 Fern Dr, Mendocino, CA 95460

45151 Fern Dr, Mendocino, CA 95460

Sale: $1,099,000

10/11/20240.00 mi

Area:2,124 sqft
Price/sqft:$517
Beds:3
Baths:3
Year Built:
Weight:26.3%
12061 Cedarwood, Mendocino, CA 95460

12061 Cedarwood, Mendocino, CA 95460

Sale: $1,023,000

7/15/20250.68 mi

Area:1,900 sqft
Price/sqft:$538
Beds:3
Baths:2
Year Built:
Weight:22.3%
45260 Surfwood Dr, Mendocino, CA 95460

45260 Surfwood Dr, Mendocino, CA 95460

Sale: $980,000

6/6/20251.03 mi

Area:2,022 sqft
Price/sqft:$485
Beds:2
Baths:3
Year Built:
Weight:20.7%
13350 Point Cabrillo Dr, Mendocino, CA 95460

13350 Point Cabrillo Dr, Mendocino, CA 95460

Sale: $1,100,000

6/19/20250.38 mi

Area:2,825 sqft
Price/sqft:$389
Beds:3
Baths:2
Year Built:
Weight:18.4%
14140 Hilma Cir, Mendocino, CA 95460

14140 Hilma Cir, Mendocino, CA 95460

Sale: $800,000

9/16/20241.48 mi

Area:1,731 sqft
Price/sqft:$462
Beds:2
Baths:2
Year Built:
Weight:12.4%

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