1165 Highway 1, Bodega Bay, CA 94923, Bodega Bay, 94923 - 2 bed, 1 bath
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1165 Highway 1
Bodega Bay, CA 94923
ACTIVE
CONDITION: FAIR
2Beds
1Baths
800Sq Ft
3,045Lot Size
Property Price
LIST PRICE$895,000
EST. MARKET VALUE
$870,539
SUMMARY
This coastal property represents a High-Potential Investment Opportunity, listed at $895,000—positioned above the $870,540 Fair Market Value. While the price reflects a premium for the location, the inclusion of a 2,500+/- square foot waterfront lot provides significant long-term value-add potential. With a Condition Rating of 4, the 1953 structure requires modernization to meet contemporary standards. The asset features panoramic harbor views and a private deck, making it a unique acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a coastal renovation project.
Estimated Market Value
$870,539
Based on Realkey algorithm analyzing recent comparable sales in Bodega Bay.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1165 Highway 1 Subject | $895,000* List Price | 2 | 1 | 800 | $1,088 | - |
A 140 Kent Avenue Active | $885,000 List Price | 1 | 1 | 936 | $946 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1953, this 70+ year old home appears well-maintained and clean but is significantly dated. While the interior shows functional hardwood floors and a simple layout, the lack of evidence regarding recent major renovations to the kitchen, bathroom, or core systems (HVAC/Electric) suggests it needs modern updates to meet current standards.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Coastal Views
The property boasts sweeping, unobstructed views of Bodega Harbor, Spud Point Marina, and the Bodega Headlands, offering a premium coastal atmosphere from the living areas and deck.
- Included Waterfront Lot
The sale includes a separate 2,500+/- square foot waterfront lot with potential for development or use as a private kayak launch, providing significant added value and rare water access.
- Prime Location
Perfectly positioned along Highway 1, the home offers immediate proximity to local beaches, scenic hiking trails, and the popular dining and shopping amenities of Bodega Bay.
CONSRISKS & DEFICIENCIES
- Limited Living Space
At just 800 square feet, the compact two-bedroom layout may feel restrictive for buyers seeking a primary residence or those requiring ample storage and guest space.
- Vintage Infrastructure
Originally built in 1953, the home may require modernization of its core systems and finishes to meet contemporary standards and better withstand the corrosive coastal environment.
About 1165 Highway 1
Perched above the scenic coastline, this charming 2-bedroom, 1-bath home offers sweeping views of Bodega Harbor and the surrounding natural beauty of the surrounding natural beauty. With approximately 800 square feet of thoughtfully designed living space, the home features an inviting open layout that maximizes both light and views. The living area flows to a deck where you can watch fishing boats return to Spud Point Marina, migrating birds soar overhead, and the sun set over the Bodega Headlands. A cozy kitchen and comfortable bedrooms make this an ideal coastal getaway or full-time retreat. Conveniently located along Highway 1, you're just moments from beaches, trails, and the shops and restaurants of Bodega Bay. Whether you're seeking a serene escape or an active coastal lifestyle, this harbor-view home delivers the perfect balance of charm, location, and endless scenery. The property also includes a potentially buildable, 2500+/- square foot waterfront lot (APN 101-091-005) which may also be used as a private kayak launch or gazebo.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1953
- Lot Size
- 3,045 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Bodega Bay Unified Schools
Bodega Bay Elementary School
Grades K-5 • 0.2 mi
0/10
Tomales High School
Grades 9-12 • 10.1 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.5 |
| Baths | 1.0 | 2.5 |
| Square foot | 800 | 2,215.75 |
| Lot Size | 3,045 | 9,093.5 |
| Price | $895.0K | $2.14M |
| Price per sq ft | $1.1K | $832 |
| Built year | 1953 | 1998 |
| HOA | $0 | $1.2K |
| Days on market | 30 | 95 |
Pricing History
Listed for Sale
Aug 10, 2026
$895,000
Initial Listing