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Income opportunity with two gorgeous vacation rentals. Located in the wonderful town of Little River, just minutes away to Van Damme State Park and Beach, Little River Inn, hiking, golfing, and outdoor life! A perfect location, the main house is a 2 bedroom, 2 bath, featuring a light-filled living room, open-beamed ceilings, and brick gas fireplace. Inviting kitchen has sliding doors out to a large private deck. Tastefully remodeled with an eye for boho chic, these homes have been transformed into warm, welcoming and comfortable spaces. Down the path you will find the additional, private 500 sf +/-studio home, with its own deck and hot tub, making 'Grove Haus' a complete package for a vacation rental. The property consists of a 2 +/- acre parcel, with the homes sited in a sunny meadow and bordered to the south with meandering forest paths and bird sanctuaries. Redwoods, firs, and pines are abundant and huckleberries are prolific. The homes are being sold fully furnished, so just turn the keys and have instant built in income potential. The property is rented together as one unit, and the income has been steady and rising. In 2023 the yearly gross was over $100,000. Sellers have a highly successful team in place for the rentals which can continue running as a STR, and Seller is also offering to continue to host all platforms and keep things running smoothly for 1 year at 10% if new buyers wish to start out with help. An ideal way to achieve your dream of owning on the Coast, either as an extended muti-family retreat, or as a successful investment property. You choose!
Property Type(s):
Single Family
| Last Updated | 10/5/2024 | Year Built | 1977 |
|---|---|---|---|
| Community | Mendocino - Little River | County | Mendocino |
Price History
| Prior to Oct 5, '24 | $879,000 |
|---|---|
| Oct 5, '24 - Today | $799,000 |
Additional Details
| AIR | None |
|---|---|
| APPLIANCES | Barbecue, Dishwasher, Dryer, Electric Range, Electric Water Heater, Gas Range, Range Hood, Refrigerator, Washer |
| AREA | Mendocino - Little River |
| CONSTRUCTION | Wood Siding |
| EXTERIOR | Barbecue, Rain Gutters |
| FIREPLACE | Yes |
| GARAGE | Driveway Down Slope From Street, One Space, Uncovered |
| HEAT | Fireplace(s), Forced Air, Propane |
| INTERIOR | Beamed Ceilings, Bedroom on Main Level, Furnished, Main Level Primary, Primary Suite, Separate/Formal Dining Room |
| LOT | 1.88 acre(s) |
| LOT DESCRIPTION | Sprinklers None |
| PARKING | Driveway Down Slope From Street,One Space,Uncovered |
| POOL DESCRIPTION | None |
| SEWER | Septic Tank |
| STORIES | 1 |
| STYLE | Cottage |
| VIEW | Yes |
| VIEW DESCRIPTION | Neighborhood,Panoramic,Trees/Woods |
| WATER | Private,Well |
| ZONING | RR5 (1) |
Location
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Listed with Mendo Sotheby's International Realty
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