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55+ Mobile Home in Park
For Sale
$435,000

41-41 Driftwood Trl, Half Moon Bay, CA 94019

A 2-bedroom, 2-bath mobile home with central gas forced-air heat and in-home laundry in a 55+ community.

Property Size1,440 SF
Price / SF$302.08
Days on Market108

Property Features for 41-41 Driftwood Trl

General Information

Standard status Active
Size 1,440 SF
Property subtype Manufactured In Park
Listing Agency: Intero Real Estate Services
Listed By: Frank Vento · License #01321362
Source: Exprealty
Added: Jul 13 Changed: Oct 27 Last Checked: Oct 26 at 7:47PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Intero Real Estate Services

Rey
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Investment Insights

Based on property information with market context.

Located in Canada Cove Park, a 55+ community in Half Moon Bay, this 1,440 sq ft mobile home features two bedrooms and two full bathrooms. The ground-floor primary bedroom includes a walk-in closet for added storage. The kitchen offers granite countertops and a gas oven range with a hood over the range, plus a refrigerator, garbage disposal, and an exhaust fan. The kitchen and family room are open, with a breakfast bar and a dining area in the living room. Flooring throughout is a mix of laminate, tile, and vinyl/linoleum. Heating is provided by central forced air with gas, and the laundry room includes a washer and dryer.

Park amenities include a clubhouse, activities, laundry facilities, a workout room, classes, a pool, outdoor shuffle board, a dog park, and trails. The property is close to the beach and coastal trail, and near the Ritz Carlton Hotel/Resort, two golf courses, and dining. Historic Downtown Half Moon Bay is approximately two miles away, with community events throughout the year including the Half Moon Bay Pumpkin Festival in October, the 4th of July Parade, and Nights of Lights in December.

Key Highlights

  • 1,440 sq ft, 2‑bedroom and 2‑bath 55+ mobile home in Canada Cove Park
  • Central forced‑air heat with gas
  • Kitchen with granite countertops and gas oven range, hood, refrigerator, garbage disposal, and exhaust fan

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$39,193
Cap Rate
9.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$783,860 $783.9K
Cap Rate 7%
$559,900 $559.9K
Cap Rate 9%
$435,478 $435.5K
Market Conditions
NOI Build-Up for 1,440 SF
Gross rent
$75.2K $52.20/SF
− Vacancy
−$3.9K −$2.71/SF
EGI
$71.3K $49.49/SF
− OpEx
−$32.1K −$22.27/SF
NOI
$39.2K $27.22/SF
Area
San Mateo County, CA
Vacancy
5.20%
Lease Rate
$52.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$783,860
Cap Rate 7%
$559,900
Cap Rate 9%
$435,478

Alternative Uses

Best Use
Apartment 5plus
$559.9K
$489.9K – $653.2K (±1% cap)
NOI $39,193 @ 7.0% cap · market cap 9.01%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$1.14M
$1.00M – $1.33M (±1% cap)
NOI $80,067 @ 7.0% cap · market cap 18.41%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Location Intelligence

Trade Area within ½ mile

87
Businesses Nearby

Demographics for 94019, CA

15,483
Population
5,849
Households
2.6
Avg Household Size
46
Median Age
54%
College-Educated
91%
High-School Grad
59.7 sq mi
ZIP Area
259
Density / Sq Mi
$153,272
Median Household Income
$72,042
Median Earnings
$1,977
Median Rent
$1,509,300
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Mobile home & RV park - A 2-bedroom, 2-bath mobile home with central gas forced-air heat and in-home laundry in a 55+ community.
Where is this mobile home & rv park located?
The property is located at 41-41 Driftwood Trl Half Moon Bay, CA.
What is the asking price?
The asking price for this property is $435,000.
What are key features of this property?
This property features: 1,440 sq ft, 2‑bedroom and 2‑bath 55+ mobile home in Canada Cove Park; Central forced‑air heat with gas; Kitchen with granite countertops and gas oven range, hood, refrigerator, garbage disposal, and exhaust fan
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