Coastal Dream Investment Near MacKerricher St 23800 N Highway 1 5 Unit Apartment Building $1,106,719 CAD ($221,344 CAD/Unit) 5.50% Cap Rate Fort Bragg, CA 95437

A Little Piece of the Mendocino Coast
There are places you stumble upon and wonder how they managed to remain a secret.
Tucked away just north of Fort Bragg, behind a long driveway and well back from Highway One, there is a 1.49-acre piece of the Mendocino Coast with an old soul, a little history, and room for whatever comes next.

The house sits far enough back from the highway that the coast seems just within reach. You can see a change in the quality of light in the sky. Sitting on the deck on a still evening, you hear the ocean before you hear the road. The property feels private and removed, yet Fort Bragg is only five minutes away.
Walk across the yard, follow the trail along Cleone Lake, and about 15 minutes later, you are standing on the sand at MacKerricher State Park.

This is not a polished, newly renovated coastal house. And that is part of its charm.
The original mid-century character is still here.
Old-growth redwood walls wrap the main living spaces in warmth. Exposed beams rise into soaring cathedral ceilings. A brick fireplace anchors the living room, with a Canadian Drolet wood stove ready for the cool coastal evenings when you want a fire, a good book, and nowhere else to be.
The 3-bedroom, 2-bath home has good bones and something many remodeled houses have lost: personality.
There is plenty here for someone with a vision.
The kitchen and bathrooms are ready for a new chapter. The decks want some attention. The windows have stories of their own. And the next owner gets to decide what this house becomes rather than paying a premium for somebody else's idea of perfection.
Then there is the land.
Nearly an acre and a half of flat, usable ground is an increasingly rare thing along the coast. There is a vast front yard with a horseshoe area, a fenced rear yard - complete with historic doghouse, RV parking, storage, a couple of sheds and an oversized pump house (pump palace?) with room for a workshop.
There is room to garden.
Room for projects.
Room for animals.
Room to park the things you actually use.
And room to simply enjoy having space around you.
Two detached buildings add another dimension to the property, with additional living spaces and established rental income already in place. For someone looking for a coastal home with an income component, this creates an opportunity to have the best of both worlds.
Live here - Improve it - Hold it.
Create something of your own.
Or simply keep it as a private North Coast retreat and let the property become part of your life.

MacKerricher State Park is close by. Fort Bragg shopping, dining, and breweries are five minutes down the road. And the 3 Cs: coffee, chocolate, and cookies. The beach is a walk away. And when you return home, the house is warm and waiting for relaxation.
At $799,000, this is an unusual opportunity to own a property with something that is increasingly difficult to find in California:
land, character, privacy, location, and income potential.
It isn't polished, it isn't meant to be.
It is ready and waiting for you to create what comes next.
And perhaps that is the best part of the story…

$799,000 | 1.49 Acres | Fort Bragg | Beach Walk | Established Rental Income