477 Los Santos Drive, Bodega Bay, CA 94923, Bodega Bay, 94923 - 3 bed, 3 bath
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Bodega Bay, CA 94923
This property presents a High-Potential Investment Opportunity with a List Price of $1,225,000—positioned slightly above the $1,199,460 Fair Market Value. While the property requires a full interior rehab given its Condition Rating of 5, the expansive 0.56-acre lot offers significant upside through potential ADU development and modern open-concept redesigns. Located in the desirable Sereno Del Mar subdivision near Portuguese Beach, this asset provides a unique canvas for value-add strategies. This is an ideal acquisition for Buy-and-Hold Investors or Contractors seeking to maximize coastal real estate potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 477 Los Santos Drive Subject | $1,225,000* List Price | 3 | 3 | 1,275 | $941 | - |
A 4816 Carmet Drive Active | $1,149,000 List Price | 3 | 2 | 1,357 | $847 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1979 (45 years old) with no significant renovations; kitchen and bathrooms remain in original, dated condition. While functional, the property requires a full interior rehab and modernization of systems like the wall-unit AC and baseboard heating to meet current market standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 24598, living area = 1275.
Situated in the sought-after Sereno Del Mar subdivision, the property is just moments from Portuguese Beach, offering an enviable lifestyle along the scenic Sonoma Coast.
The generous half-acre lot provides rare privacy and ample space for outdoor living, expansion, or the addition of an ADU, offering significant long-term value-add opportunities.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The home is in mostly original 1979 condition and requires a comprehensive update or design transformation to meet modern luxury standards.
With a list price of $1,225,000 for 1,275 square feet, the property carries a high cost per square foot, especially considering the additional capital required for renovations.
Tucked within the desirable Sereno Del Mar subdivision, just moments from the windswept beauty of Portuguese Beach, this charming single-level home offers a rare opportunity to reimagine coastal living along the Sonoma Coast. Set on just over a half-acre lot, the property provides a sense of space and privacy, surrounded by natural coastal landscape. Featuring 3 bedrooms, 3 bathrooms, a large laundry/utility room, and a 2 car garage, the existing layout is functional and ready to move in. It is filled with potential, ready for a thoughtful update or a complete design transformation. Windows invite in natural light and hint at the home's possibilities, while the generous footprint allows for a modern open-concept renovation or a custom redesign tailored to your vision. Outdoors, the sprawling grounds offer ample room for landscaping, outdoor living spaces, or possible expansion all surrounded by the beauty of coastal hills and ocean air. Whether restoring its charm or creating something entirely new, this property is a unique canvas in one of the area's most sought-after seaside communities- Bodega Bay!
No exterior & parking available.
Grades K-5 • 3.6 mi
Grades 9-12 • 13.4 mi
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 | 1,275 | 1,653 | 40% |
| Lot Size | 24,598 | 8,799 | 80% |
| Price | $1.23M | $1.23M | 50% |
| Price per sq ft | $961 | $752 | 70% |
| Built year | 1979 | 1977 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 30 | 301 | 10% |
May 7, 2026
$1,225,000
Initial Listing
Aug 29, 2001
$410,000
Public Record