145 Bean Avenue, Bodega Bay, CA 94923, Bodega Bay, 94923 - 1 bed, 1 bath
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Bodega Bay, CA 94923
This coastal cottage represents a High-Potential Investment Opportunity, listed at a List Price of $899,000—positioned well above the $804,188 Fair Market Value by 11%. While the property lacks immediate equity, its unobstructed panoramic water views and private deck provide significant long-term value. With a Condition Rating of 4, the 1930s structure requires modernization, yet its prime location in Bodega Bay ensures strong demand for short-term rentals. This asset is best suited for Buy-and-Hold Investors or vacation home buyers seeking a scenic renovation project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 145 Bean Avenue Subject | $899,000* List Price | 1 | 1 | 669 | $1,202 | - |
A 2935 Alleen Avenue Sold | $790,000 | 2 | 1 | 702 | $1,125 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1930, this cottage is well-maintained but significantly dated. The kitchen features older white tile countertops and open shelving, while the bathroom utilizes a basic fiberglass surround, indicating renovations are likely 20+ years old. The presence of an older wall furnace and original windows suggests systems need updating, though the property remains functional and livable as a coastal retreat.
Situated in the desirable Salmon Creek area of Bodega Bay, the property offers immediate access to beaches, tide pools, and outdoor recreation, embodying a true coastal lifestyle.
The home features beautiful water views and a private deck, providing a serene atmosphere for relaxation and enhancing its value as a scenic retreat.
With its charming coastal aesthetic and proximity to local dining and attractions, the property is well-positioned as a successful short-term vacation rental opportunity.
At only 669 square feet with a single bedroom and bathroom, the property’s small footprint and 1930s vintage may limit its appeal to a broader range of buyers.
Having been on the market for 276 days, the property may face perception issues regarding its high price-per-square-foot relative to its size and age.
Welcome to 145 Bean Ave!- Where coastal charm meets everyday comfort. This beautiful home offers the perfect blend of relaxation and scenic living, just moments from the ocean. Highlights: Stunning coastal surroundings, Bright open living space, Ideal for a weekend getaway or vacation rental, Close to the beach, dining, and outdoor adventures. Inside, the cottage exudes warmth and simplicity- a true retreat where you can unwind, recharge, and savor the slower pace of life. Wake up to the ocean breezes, sip your morning coffee on the deck, and spend your days exploring tide pools, surfing, kayaking, or simply basking in the sun. Whether you're seeking a peaceful weekend getaway or a proven vacation rental opportunity, this property delivers. With its unbeatable location and welcoming coastal vibe, it's more than just a home- it's a lifestyle.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 669 | - |
| Lot Size | 2,849 | - |
| Price | $899.0K | $1.49M |
| Price per sq ft | $1.3K | $746 |
| Built year | 1930 | 0 |
| HOA | $0 | $0 |
| Days on market | 323 | 214 |
Sep 2, 2025
$899,000
Initial Listing