
Bodega Bay, CA 94923
This Exceptional Coastal Residence is a Strong Value Opportunity, listed at $1,565,000—positioned well below the $1,680,164 Fair Market Value by 6%. This valuation gap provides $115,164 in Instant Equity for incoming owners. While the property maintains a Fair Condition Rating with its original 1999 finishes, it offers nearly 3,000 sqft of living space, captivating water views, and rare RV/boat parking with no HOA fees. It perfectly balances coastal luxury with investment upside. This is an ideal acquisition for Lifestyle-Oriented Professionals or Value-Add Investors seeking forced appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2035 Sandpiper Court Subject | $1,565,000* List Price | 3 | 3 | 3,000 | $560 | - |
A 1846 Whaleship Road Active | $1,850,000 List Price | 4 | 4 | 2,838 | $652 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1999 (25 years old), the property falls into the 'Fair' category based on age. While meticulously maintained and move-in ready, the interior features original dated elements such as oak cabinetry, laminate/solid surface countertops, 12x12 floor tiles, and glass block partitions. The kitchen has been partially refreshed with stainless steel appliances, but the overall aesthetic and systems are over 20 years old and lack a comprehensive modern renovation.
The home features expansive windows and soaring cathedral ceilings that perfectly frame captivating water views, creating a bright and airy coastal atmosphere throughout the living areas.
With nearly 3,000 sqft of living space, including a large rumpus room and a convenient main-level primary suite, the floor plan offers excellent flexibility for entertainment and long-term accessibility.
The property includes rare coastal amenities such as dedicated RV/boat parking and a two-car garage, all while benefiting from the financial freedom of having no monthly association fees.
The 7,288 sqft lot is relatively modest for a home of this square footage, which may limit outdoor yard space and privacy for buyers seeking a more expansive garden or buffer.
Built in 1999, the property may require cosmetic modernizations to its finishes and fixtures to align with the high-end luxury expectations of today's contemporary coastal buyers.
Welcome to this exceptional coastal Bodega Bay residence. Meticulously maintained, this home offers 2,985+/-sqft of refined living space on a 7,288+/-sqft lot. Featuring 3 bedrooms, 2.5 bathrooms, plus an expansive rumpus room designed for gatherings and entertainment. The bright living room showcases a fireplace, soaring cathedral ceilings, and expansive windows that frame captivating views. The well-appointed kitchen includes stainless steel appliances, a cozy breakfast area, island, pantry closet and access to a relaxing patio perfect for enjoying the scenery. The main-level primary suite with walk in closet, cathedral ceilings and deck. Additional highlights include indoor laundry, a two-car garage, RV/boat parking and so much more. Don't miss this opportunity to own slice of coastal living in this beautifully maintained Bodega Bay retreat.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 60% |
| Baths | 3.0 | 2.0 | 70% |
| Square foot | 3,000 | 1,767.5 | 90% |
| Lot Size | 7,288 | 8,043.5 | 50% |
| Price | $1.56M | $1.33M | 80% |
| Price per sq ft | $522 | $703 | 10% |
| Built year | 1999 | 1979 | 90% |
| HOA | $0 | $0 | 50% |
| Days on market | 38 | 301 | 10% |
Apr 29, 2026
$1,565,000
Initial Listing