$1,134,000
SOLD MAR 28, 2025

3938 Gravenstein Hwy S Sebastopol, CA 95472

7 Beds
5 Baths
3,930 Sq Ft
1.64 Acres

Recently Sold

$289 Per Sq Ft

13% Below List Price

137 Days on Market

Highlights

  • Newly Remodeled
  • Wood Flooring
  • No HOA
  • Analy High School Rated A-
  • Private Yard
  • Neighborhood Views

About This Home

As of March 2025

3 HOMES ON 1.67 ACRES OF FLAT USABLE LAND! This exceptional investment opportunity offers three homes on 1.67 acres of prime, flat, and usable land, perfect for a variety of uses. The property features a renovated 3-bedroom, 2-bathroom home with 1,400 square feet of living space, a charming 3-bedroom, 2-bathroom home with 1,300 square feet, and a brand new 1-bedroom, 1-bathroom home, just completed in August 2024, offering 640 square feet of modern comfort. Each home is on a separate meter, providing flexibility for rentals, extended family living, or multi-use purposes. One of the homes includes a spacious metal shop, ideal for hobbies or business needs. The 1.33-acre parcel surrounding the homes is fully fenced and cross-fenced, with multiple gates for easy access and privacy. This expansive space offers endless possibilities, whether you're looking to build additional structures, start an agricultural venture, or simply enjoy the serene rural environment. With the potential for rental income or a family compound, this property is a rare find that combines versatility and opportunity in a desirable location.

Last Agent to Sell the Property

Hannah Kraft

Invest SLO Brokerage Phone: 805-478-0892 License #02177746 Listed on: 10/09/2024

Co-Listed By

Abel Contreras

Invest SLO Brokerage Phone: 805-478-0892 License #02062620

Last Buyer's Agent

Non Member

Conejo Simi Moorpark Association of REALTORS

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1961 | Newly Remodeled

Lot Details

  • 1.64 Acre Lot
  • Cross Fenced
  • Partially Fenced Property
  • Chain Link Fence
  • Level Lot
  • Private Yard
  • Garden
  • Back Yard
  • Density is up to 1 Unit/Acre

Parking

  • 8 Car Garage
  • Carport
  • Parking Available
  • Front Facing Garage
  • Single Garage Door
  • Gravel Driveway
  • Driveway Level

Home Design

  • Turnkey
  • Wood Product Walls
  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 3,930 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Coffered Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Sliding Doors
  • Living Room with Fireplace
  • Neighborhood Views

Kitchen

  • Gas Oven
  • Gas Range
  • Microwave
  • Laminate Countertops

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Accessible Home Design

  • No Interior Steps
  • Accessible Parking

Outdoor Features

  • Separate Outdoor Workshop
  • Outbuilding
  • Rain Gutters

Utilities

  • Ductless Heating Or Cooling System
  • Wall Furnace
  • Natural Gas Connected
  • Shared Well
  • Conventional Septic

Additional Features

  • Suburban Location
  • Agricultural

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 2,3
  • Assessor Parcel Number 062060041000

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Foothills
  • Mountainous Community

Recreation

  • Park
  • Dog Park

Building Details

  • 2 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters

Home Details

Home Type

Single Family

Year Built

Built in 1961 | Newly Remodeled

Lot Details

0

Parking

8

Listing Details

  • CapRate: 4.00
  • Price Per Unit: 433333
  • Property Attached: No
  • Road Surface Type: Gravel, Paved
  • View: Yes
  • Architectural Style: Ranch
  • New Construction: Yes
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Income
  • Parcel Number: 062060041000
  • Year Built: 1961
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s), Coffered Ceiling(s), Crown Molding, Laminate Counters, Unfurnished, Wood Product Walls
  • Stories: 1
  • Entry Location: Front Door
  • Common Walls: No Common Walls
  • Flooring: Carpet, Vinyl, Wood
  • Accessibility Features: No Interior Steps, Parking
  • Appliances: Yes
  • Door Features: Sliding Doors
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 288.55
  • Room Type: All Bedrooms Down, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Concrete Perimeter
  • Other Structures: Outbuilding, Workshop
  • Exterior Features: Rain Gutters
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Chain Link, Cross Fenced, Partial, Privacy
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 8.00
  • Parking: Yes
  • Parking Features: Carport, Driveway, Gravel, Paved, Driveway Level, Garage Faces Front, Garage - Single Door, Oversized
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Oven, Electric Range, Gas Oven, Gas Range, Microwave
  • Electric: Standard
  • Heating Type: Ductless, Wall Furnace
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Sewer: Conventional Septic
  • Trash Expense: 1200.00
  • Water Source: Shared Well
  • Cooling: Ductless
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Dog Park, Foothills, Park, Mountainous, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, 2-5 Units/Acre, Agricultural, Back Yard, Garden, Level with Street, Lot Over 40000 Sqft, Level, Ranch, Yard
  • Lot Size Sq Ft: 71438.00
  • Lot Size Acres: 1.6400

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 70800.00
  • Gross Scheduled Income: 70800.00
  • Insurance Expense: 4000.00
  • Lot Size Area: 71438.0000 Square Feet
  • Net Operating Income: 51592.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Leased: 2
  • Number Of Units Total: 3
  • Number Wall A C: 3
  • Number With Dishwasher: 3
  • Number With Patio: 3
  • Number With Range: 3
  • Number With Refrigerator: 3
  • Operating Expense: 19207.00
  • Rent Control: No
  • Total Expenses: 15825.00

Tax Info

  • Tax Census Tract: 1535.01
  • Tax Lot: 2,3

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2025 03/28/25 Sold $1,134,000 -12.8% $289 / Sq Ft
10/09/2024 10/09/24 For Sale $1,300,000 -- $331 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2025

    Hannah Kraft

    Invest SLO

  • A

    Seller Co-Listing Agent in 2025

    Abel Contreras

    Invest SLO

  • N

    Buyer's Agent in 2025

    Non Member

    CRMLS

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PI24198265

California Regional Multiple Listing Service (CRMLS)

California Sonoma County Sebastopol 95472

3938 Gravenstein Hwy S, Sebastopol, CA

This home is located at 3938 Gravenstein Hwy S, Sebastopol, CA 95472 and is currently priced at $1,134,000, approximately $288 per square foot. This property was built in 1961. 3938 Gravenstein Hwy S is a home located in Sonoma County with nearby schools including Analy High School, Gravenstein Elementary School, and Dunham Charter School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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