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Property profile & analytics
OFF-MARKET Estimated value $575,000
Turn key restaurants

38921 Sedalia Dr Gualala, CA 95445-7509

0.34 ac lot
Individually Owned 1-yr Hold ~ Est. High Equity
Property ID
US09-2977100
Property summary
AI-generated overview

This exceptional mixed-use property in downtown Gualala offers breathtaking views of the Pacific Ocean, the Gualala River, and the beach. Its prime location provides easy access to local shops, art galleries, restaurants, and other amenities. The property boasts 0.35 acres and benefits from mixed-use zoning, allowing for both residential and commercial uses, including cottage industries. A valuable beer and wine license is also available. Convenient access is provided by Highway 1 frontage and a second driveway off Sedalia Drive, ensuring easy ingress and egress. Ample on-site parking is available, or alternatively, a charming garden courtyard offers a tranquil outdoor space. The interior has been extensively updated, featuring a recently remodeled kitchen complete with custom cabinets, countertops, and new appliances. The flexible floor plan easily accommodates three bedrooms, an office, or other configurations to suit individual needs. The main bedroom boasts stunning ocean views and an ensuite newly remodeled full bathroom. Modern comforts include central heating, new custom lighting, a freshly painted interior and exterior, and a washer and dryer. Energy-efficient features include solar panels, an on-demand hot water heater, and a whole-house Aquasana water filter. Two EV car chargers and a designated handicap parking space/concrete pad further enhance the property's appeal. High-speed internet is readily available. This presents a truly excellent investment opportunity in a highly desirable location.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Lot 0.34 ac (14,970 SF)
Zoning code C
APN 145-183-04-00
UPID US09-2977100
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$535k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$575k
Owner & transaction history
Patrick Canonge · 1 yrs held
Patrick Canonge
since 2025
Last sale
$575,000
5 recorded transactions
2025
$575,000
2022
$525,000
2019
$400,000
1997
$209,000
1969
Price N/A
Zoning & alternative use
C · Gualala, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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