
Cazadero, CA 95421
This Multi-Unit Residential Property is a High-Potential Investment Opportunity, listed at $699,000—positioned well below the $729,553 Fair Market Value by 4%. This valuation gap offers $30,553 in Instant Equity. Featuring a Mint Condition Rating with fully updated interiors, the 2.6-acre lot includes two detached homes, providing exceptional flexibility for rental income or multi-generational living. Surrounded by redwoods with a scenic water view and private deck, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4350 Cazadero Highway Subject 3 bd · 3 ba · 1,850 sqft · $394 | $699,000* List Price | 3 | 3 | 1,850 | $394 | - |
A 4350 Cazadero Highway Active 3 bd · 3 ba · 1,850 sqft · $424 · 0.0 mi | $785,000 List Price | 3 | 3 | 1,850 | $424 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property features a fully updated interior with a modern kitchen including stainless steel appliances, custom bathroom tilework with a rain shower head, and new engineered wood flooring throughout. Despite the 1952 build date, the recent comprehensive renovation puts it in mint, move-in ready condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 114563, living area = 1850.
The property features two detached homes on a single 2.6-acre lot, providing exceptional flexibility for multi-generational living, guest accommodations, or dual rental income streams.
Both residences boast fully updated interiors with high-end finishes, including engineered wood flooring, custom tilework, and stainless steel appliances, offering a move-in-ready experience.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1850, other record living area = 819. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
With the original structure dating back to 1952, buyers may need to account for the long-term maintenance requirements associated with older foundational or utility systems despite the cosmetic updates.
While peaceful, the property's secluded Cazadero location may present challenges regarding proximity to major employment hubs, medical facilities, and comprehensive urban amenities.
Tucked beneath the majestic redwoods and across from Austin Creek are two detached homes on 2.6+ acres. The main home features 2 bedrooms and 2 full baths with a spacious kitchen and living area. The detached studio is perfect for guests or extended family. A peaceful retreat with space to gather, barbecue, entertain, or create your own private campsite. Fully updated interiors include engineered wood flooring, custom bathroom tilework, stainless steel appliances and much more. This property is ideal for multi-family living, a vacation getaway, or rental income. Just a short drive to the ocean and minutes to the local general store and bakery.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.3 |
| Baths | 3.0 | 1.0 |
| Square foot | 1,850 | 853.375 |
| Lot Size | 114,563 | 229,573.625 |
| Price | $699.0K | $458.1K |
| Price per sq ft | $378 | $543 |
| Built year | 1952 | 1947 |
| HOA | $0 | $63 |
| Days on market | 7 | 88 |
Oct 18, 2026
$699,000
Initial Listing
May 1, 2009
$240,000
Public Record