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5801 S Highway 1, Elk, CA 95432

Sale Price: $2,500,000
Oct 1, 20242,538 sqft3 beds3 baths
Listed by: Justin Nadeau
License #: 02089439
Phone #: (707) 972-3184
Mendo Sotheby's International Realty, Fort Bragg Branch
Source:
CRMLS Logo
MLS #: C1-10769

Property Description

'The Mitchell Ranch' An origin story dating back to 1861 when early coastal pioneer Michael Donohue was said to be searching for a place where he could have 'The hills at his back and the sea at his feet'. Owned by the same family dynasty for over 160 years, the original ranch encompassed what is now the town of Elk (formerly Greenwood). The Donohue House stands with prominence and prestige on nearly 200 acres at the foot of the hills; in full view of the town. This over 2,500 sqft 3 bedroom, 3 bath, 2 story home with detached garage and loft has been well cared for over time. For years, the family raised the famous Cuffey's Cove red potato in which they shipped to San Francisco just a few hours south of the ranch. In addition the ranch has been used for raising sheep, cattle and harvesting timber off the land. The ranch offers panoramic ocean-views as far as the eye can see from nearly every angle. From bluff-top to over 800 feet of elevation the ranch offers unparalleled south facing views over the town of Elk, Manchester Beach and the Point Arena Light House. In addition, the property sits adjacent to the world renowned Harbor House a Michelin Two-Starred restaurant. For over 160 years, the ranch has stood as a monument to the great legacy of the founders of the community of Elk. But now as the last rays of golden sun cast across the banks of Greenwood, the tides of everlasting change bring forth the opportunity for a new legacy to be forged in time.
Assignment
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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

$41,343

TurboHome Estimated Value

$2,678,100

$1,055 sqft

High Valuation
$2,812,005
$1108/sqft
Normal Valuation
$2,678,100
$1055/sqft
Low Valuation
$2,544,195
$1002/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$1055/sqft$2,678,100

Neighborhood

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Comparative Value

$2.50M

$2.60M

5801 S Highway 1, Elk, CA 95432

Sale Price: $2,500,000

Selected Comparable

5801 S Highway 1, Elk, CA 95432

List Price: $2,600,000

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
5801 S Highway 1, Elk, CA 95432

5801 S Highway 1, Elk, CA 95432

List: $2,600,000

Listed: 10/1/2024

Area:2,538 sqft
Price/sqft:$1,024
Beds:3
Baths:3
Year Built:
Lot Size:8,668,440

Comparable Properties

COMPARABLE
Choose comps
5801 S Highway 1, Elk, CA 95432

5801 S Highway 1, Elk, CA 95432

Sale: $2,500,000

1/8/20250.00 mi

Area:2,538 sqft
Price/sqft:$985
Beds:3
Baths:3
Year Built:
Weight:100.0%

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