$3,392,500
SOLD DEC 23, 2024

4340 N Hwy 1 None Albion, CA 95410

2 Beds
4 Baths
3,377 Sq Ft
8.8 Acres

Recently Sold

$1,005 Per Sq Ft

14% Below List Price

194 Days on Market

Highlights

  • Ocean View
  • Greenhouse
  • Built-In Refrigerator
  • Mendocino High School Rated 9+
  • Home Theater
  • 8.8 Acre Lot

About This Home

As of December 2024

Westmar Estate is a turnkey, modern-living residence designed for avid world travelers, connoisseurs, and nature lovers. Perched atop a dramatic 100 ft 8-acre blufftop, this Ricardo Legorreta-inspired architectural design embraces adjacent rock formations, sea caves and the Pacific Ocean. The floor-to-ceiling windows offer a parade of migrating whales, pods of dolphins, and various birds and wildlife, while the ever-changing, dramatic sunsets and a night sky painted with the Milky Way complete the direct connection to mother nature. As you pass through the gate at Westmar, a pine tree-shaded road leads you to a lava rock driveway abutting a grand lavender field. The landscaped garden framing the residence features, modern art and sculptures, water fountains and purple African lilies. Following a recent retrofit, the introduction of high-speed WiFi throughout the property, an extensive video surveillance system and a major systems upgrade has created one of the few smart homes on the North Coast. As an added bonus, a commercial-grade generator provides the owner with a seamless transition to off-the-grid power when required. This technology, however, comes wrapped in comfort and style with a tasteful blend of custom French, Italian and Japanese dcor and designer furnishings.

Last Agent to Sell the Property

Sarah Schoeneman

Mendo Sotheby's International License #01383401 Listed on: 05/23/2024

Mendo Sotheby's International

Last Buyer's Agent

Sarah Schoeneman

Mendo Sotheby's International License #01383401 Listed on: 05/23/2024

Mendo Sotheby's International

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $40,840

Year Built

  • Built in 2002 | Remodeled

Lot Details

  • 8.8 Acre Lot
  • Secluded Lot
  • Garden

Parking

  • 3 Car Direct Access Garage
  • Workshop in Garage
  • Garage Door Opener
  • Auto Driveway Gate
  • Guest Parking

Home Design

  • Contemporary Architecture
  • Flat Roof Shape
  • Concrete Foundation

Interior Spaces

  • 3,377 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • 2 Fireplaces
  • Fireplace With Gas Starter
  • Formal Entry
  • Great Room
  • Combination Dining and Living Room
  • Home Theater
  • Home Office
  • Storage Room
  • Ocean Views

Kitchen

  • Breakfast Area or Nook
  • Double Oven
  • Built-In Electric Range
  • Built-In Refrigerator
  • Dishwasher
  • Kitchen Island
  • Stone Countertops

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Dual Closets
  • Bathroom on Main Level

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security Gate
  • Video Cameras
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Front Gate

Outdoor Features

  • Courtyard
  • Patio
  • Greenhouse
  • Outbuilding

Utilities

  • No Cooling
  • Radiant Heating System
  • Power Generator
  • Propane
  • Well
  • Septic System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 123-010-19-0

Home Details

Home Type

Single Family

Est. Annual Taxes

$40,840

Year Built

Built in 2002 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Interior Amenities: Formal Entry
  • Type: Residential
  • Property Sub Type: Single Family Residence
  • Subtype Description: Detached, Luxury
  • Directions To Property: Highway 1 to address. Located just north of Albion and before the Heritage House.
  • Lot Size Acres: 8.8000
  • Stories: 1
  • ArchitecturalStyle: Contemporary
  • Reso Window Features: Dual Pane Full
  • Special Features: None

Interior Features

  • Appliances: Built-In Electric Range, Built-In Refrigerator, Dishwasher, Double Oven
  • Number Of Fireplaces: 2
  • Bedrooms: 2
  • Half Bathrooms: 2
  • Full Bathrooms: 2
  • Dining Room Features: Breakfast Nook, Dining/Living Combo, Space in Kitchen
  • Living Room Features: Cathedral/Vaulted, Great Room, View
  • Flooring: Stone, Wood
  • Square Footage: 3377.00
  • Bathrooms: 4
  • Fireplace Features: Gas Starter
  • Kitchen Features: Breakfast Area, Island, Island w/Sink, Stone Counter
  • Room Type: Great Room, Kitchen, Laundry, Living Room, Primary Bathroom, Media Room, Office, Storage, Other
  • Main Level: Bedroom(s), Dining Room, Full Bath(s), Garage, Kitchen, Living Room, Primary Bedroom, Street Entrance
  • PrimaryBedroomFeatures: Sitting Area, Walk-In Closet 2+

Exterior Features

  • Foundation: Concrete Perimeter
  • Lot Features: Garden, Secluded
  • Property Condition: Original, Updated/Remodeled
  • Roof: Flat
  • ExteriorFeatures: Entry Gate, Uncovered Courtyard
  • Fencing: Partial
  • OtherStructures: Greenhouse, Outbuilding
  • Patio And Porch Features: Uncovered Patio
  • View: Ocean

Garage/Parking

  • Parking Features: Attached, Garage Door Opener, Garage Facing Side, Guest Parking Available, Interior Access, Workshop in Garage
  • Total Parking Spaces: 3.00
  • Garage Spaces: 3.00
  • Driveway/Sidewalks: Gated

Utilities

  • Cooling: None
  • Security Features: Carbon Mon Detector, Fire Alarm, Security Gate, Smoke Detector, Video System
  • Sewer: Septic System
  • Utilities: Cable Connected, Generator, Propane Tank Owned
  • Water Source: Well
  • Heating: Fireplace(s), Radiant
  • Laundry Features: Dryer Included, Inside Room, Washer Included

Schools

  • School District: Mendocino
  • Middle/Junior School District: Mendocino Unified

Lot Info

  • Assessor Parcel Number: 123-010-19-0
  • Lot Size Sq Ft: 383328.00

Building Info

  • Year Built: 2002

MLS Schools

  • Senior High School District: Mendocino Unified
  • School District (County): Mendocino

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2024
Closed on
Dec 17, 2024
Sold by
William W Lee Revocable Trust and Lee William L
Bought by
Fu Z Family Trust and Fu
Seller's Agent
Sarah Schoeneman
Mendo Sotheby's International
Buyer's Agent
Sarah Schoeneman
Mendo Sotheby's International
List Price
$3,950,000
Sold Price
$3,392,500
Premium/Discount to List
-$557,500
-14.11%
Total Days on Market
194
Views
78
Current Estimated Value
$3,710,672

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$318,172
Avg. Annual Appreciation
7.11%

Purchase Details

Closed on
Jan 25, 2018
Sold by
Fladllien Chris Hines
Bought by
Lee Lee William W William W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,860,000
Interest Rate
3.27%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 1, 2014
Sold by
Fladlien Chris Hines
Bought by
Fladlien Chris Hines

Purchase Details

Closed on
Nov 14, 2000
Sold by
Johnson Cecil M
Bought by
Fladlien David G and Fladlien Chrysalis Hines
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $3,392,500 Redwood Empire Title
Grant Deed $3,200,000 Redwood Empire Title Co
Interfamily Deed Transfer -- None Available
Grant Deed $950,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,750,000 New Conventional
Previous Owner $1,760,000 New Conventional
Previous Owner $1,804,000 No Value Available
Previous Owner $1,860,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2024 12/23/24 Sold $3,392,500 -3.1% $1,005 / Sq Ft
11/08/2024 11/08/24 Price Changed $3,500,000 -6.7% $1,036 / Sq Ft
07/08/2024 07/08/24 Price Changed $3,750,000 -5.1% $1,110 / Sq Ft
05/23/2024 05/23/24 For Sale $3,950,000 -- $1,170 / 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
2023 $40,840 $3,499,664 $1,093,645 $2,406,019
2022 $41,565 $3,431,044 $1,072,201 $2,358,843
2021 $40,824 $3,363,770 $1,051,178 $2,312,592
2020 $36,979 $3,329,280 $1,040,400 $2,288,880
2019 $36,522 $3,264,000 $1,020,000 $2,244,000
2018 $31,221 $2,785,465 $1,258,057 $1,527,408
2017 $24,566 $1,900,000 $900,000 $1,000,000
2016 $21,060 $1,900,000 $900,000 $1,000,000
2015 $20,748 $1,850,000 $900,000 $950,000
2014 $21,124 $1,900,000 $900,000 $1,000,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 324039798

Bay Area Real Estate Information Services (BAREIS)

APN: 123-010-19-00