NOT LISTED FOR SALE

34375 Pacific Reefs Rd Albion, CA 95410

Estimated Value: $683,000 - $2,219,201

1 Bed
1 Bath
1,230 Sq Ft
$1,200/Sq Ft Est. Value

Last Sold August 14, 2023

Last sale price $2,800,000 $2,276 Per Sq Ft

Est. 24% decrease in value since last sale

Current estimated payment $12,033/month

64 Days on Market

Highlights

  • Ocean View
  • Spa
  • Maid or Guest Quarters
  • Mendocino High School Rated 9+
  • Custom Home
  • Private Lot

About This Home

As of August 2023

Escape to wild, rustic luxury and breathtaking beauty in this unique artisan home, built on a 2.4-acre private peninsula surrounded on three sides by the Pacific Ocean. Rooted on solid bedrock overlooking a full sweep of the coastline, the three-building complex features warm, reclaimed redwood with copper accents and soaring high-beamed ceilings. Surround yourself with stunning views of the North Coast from every window. The main house, a 1 bed/1 bath retreat, welcomes you with rich wood tones, stone flooring, radiant heat, and a cobblestone fireplace. The spacious 1 bed/1 bath guesthouse/art studio boasts huge windows, a loft, wide pine planks, wine cellar, and bar. A separate office/extra bedroom provides even more space for comfortable living and working. Wraparound decking and an expansive protected courtyard connect the buildings and offer outdoor gathering spaces amid natural landscaping, including native flowers, boulders, and herb shrubs.Enjoy a spacious sauna with full ocean views or soak in the hot tub while you listen to the waves crash. Or, step out to your own private blufftop sanctuary to witness bird migration, whales spouting, and unforgettable sunset displays.

Last Agent to Sell the Property

Tracy Wolfson

Engel & Völkers Coastal Mendo License #02089975 Listed on: 05/12/2023

Engel & Völkers Coastal Mendo

Last Buyer's Agent

Alex Yankee

Sotheby's International Realty License #01946401

Sotheby's International Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1996

Lot Details

  • 2.41 Acre Lot
  • Landscaped
  • Private Lot
  • Garden

Property Views

  • Ocean
  • Panoramic

Home Design

  • Custom Home
  • Craftsman Architecture
  • Composition Roof

Interior Spaces

  • 1,230 Sq Ft Home
  • 1-Story Property
  • Stone Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Storage Room
  • Laundry closet
  • Radiant Floor
  • Wine Rack

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Studio bedroom
  • Maid or Guest Quarters
  • Bathroom on Main Level
  • 1 Full Bathroom

Parking

  • 4 Parking Spaces
  • No Garage
  • Uncovered Parking

Outdoor Features

  • Spa
  • Courtyard

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Power Generator
  • Private Sewer
  • High Speed Internet

Community Details

  • Pacific Reefs Association
  • Pacific Reefs Subdivision

Listing and Financial Details

  • Assessor Parcel Number 123-340-16-00

Home Details

Home Type

Single Family

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Type: Residential
  • Property Sub Type: Single Family Residence
  • Subtype Description: Custom
  • Directions To Property: Highway one to Pacific Reefs. Follow Pacific Reefs road to address. Property is on the left.
  • Lot Size Acres: 2.4100
  • Stories: 1
  • ArchitecturalStyle: Craftsman
  • Special Features: None

Interior Features

  • Number Of Fireplaces: 1
  • Bedrooms: 1
  • Full Bathrooms: 1
  • Price Per Square Foot: 2276.42
  • Square Footage: 1230.00
  • Bathrooms: 1
  • Fireplace Features: Family Room, Stone
  • Room Type: Guest Quarters, Storage, Studio, Wine Storage Area
  • Main Level: Bedroom(s), Dining Room, Family Room, Full Bath(s), Kitchen, Living Room, Primary Bedroom
  • Spa Features: Spa/Hot Tub Personal

Exterior Features

  • Construction Materials: Wood
  • Lot Features: Garden, Landscape Front, Private
  • Roof: Composition
  • ExteriorFeatures: Uncovered Courtyard
  • View: Ocean, Panoramic

Garage/Parking

  • Parking Features: No Garage, Uncovered Parking Space, Other
  • Total Parking Spaces: 4.00

Utilities

  • Cooling: None
  • Sewer: Private Sewer
  • Utilities: DSL Available, Generator
  • Water Source: Public
  • Heating: Propane, Radiant Floor
  • Laundry Features: Laundry Closet

Association/Amenities

  • Association Features: None

Condo/Co-op/Association

  • Association Fee Frequency: See Remarks
  • Association Name: Pacific Reefs
  • Association Phone: (xxx) xxx-xxxx

Fee Information

  • Association Fee Includes: Other

Lot Info

  • Assessor Parcel Number: 123-340-16-00
  • Lot Size Sq Ft: 104980.00

Building Info

  • Year Built: 1996

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2023
Closed on
Aug 7, 2023
Sold by
Edgecliff House Llc
Bought by
Wells Trust and Wells
Seller's Agent
Tracy Wolfson
Engel & Völkers Coastal Mendo
Buyer's Agent
Alex Yankee
Sotheby's International Realty
List Price
$2,950,000
Sold Price
$2,800,000
Premium/Discount to List
-$150,000
-5.08%
Current Estimated Value
$2,141,504

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$658,496
Avg. Annual Appreciation
-22.93%

Purchase Details

Closed on
May 1, 2015
Sold by
Gorman Gregory K
Bought by
Gorman Gregory Kemp
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Wells Trust $2,800,000 Redwood Empire Title
Gorman Gregory Kemp -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/14/2023 08/14/23 Sold $2,800,000 -5.1% $2,276 / Sq Ft
07/15/2023 07/15/23 Pending -- -- --
05/12/2023 05/12/23 For Sale $2,950,000 +11.3% $2,398 / Sq Ft
08/13/2020 08/13/20 Sold $2,650,000 0.0% $793 / Sq Ft View Prior Sale
07/24/2020 07/24/20 Pending -- -- --
06/03/2020 06/03/20 For Sale $2,650,000 -- $793 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,949 $2,856,000 $1,938,000 $918,000
2023 $10,949 $809,807 $460,420 $349,387
2022 $11,117 $793,930 $451,393 $342,537
2021 $10,961 $779,527 $442,543 $336,984
2020 $10,073 $771,935 $438,045 $333,890
2019 $9,469 $756,963 $429,456 $327,507
2018 $9,577 $742,193 $421,038 $321,155
2017 $9,023 $727,787 $412,785 $315,002
2016 $9,302 $713,729 $404,694 $309,035
2015 $8,516 $702,114 $398,616 $303,498
2014 $8,225 $688,478 $390,810 $297,668
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 323030185

Bay Area Real Estate Information Services (BAREIS)

APN: 123-340-16-00