48600-48650 Highway 101 Laytonville, CA 95454
This exceptional 212-acre property in Laytonville, California, presents a unique investment opportunity. Located on Highway 101, the land is zoned AG40 and boasts a tranquil setting with mature oak, Douglas fir, and ponderosa pine trees. A year-round creek, teeming with Steelhead Trout and King Salmon, traverses the property. The property includes two homes: a custom-built 1800 sq ft, two-story craftsman home with three bedrooms, two baths, and a detached two-car garage; and a recently updated 900 sq ft rental home featuring two bedrooms, two baths, and a detached one-car garage. Further enhancing the property's utility is a large 40' x 50' metal barn/workshop with 16' roll-up doors, a 12' x 12' horse stall, and a pump house. Infrastructure includes two residential wells (8GPM), septic/leach fields, electricity, and propane. The property is cross-fenced, surveyed with established corners, and benefits from the Williamson Act, offering property tax advantages. Three recorded archaeological sites are also present. The asking price is $3,500,000, with seller financing considered. All offers will be reviewed.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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