
Cazadero, CA 95421
This 45-acre ranch represents a Strong Value Opportunity, listed at $949,000—positioned well below the $1,001,143 Fair Market Value by 5%. This valuation gap provides $52,143 in Instant Equity. Featuring a Legal Non-Conforming status with multiple dwellings and a Condition Rating of 5, the property requires significant modernization. Its expansive acreage, panoramic mountain views, and resort-style pool offer immense potential for Buy-and-Hold Investors or Owner-Occupants seeking a private, multi-generational compound.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5000 Mohrhardt Ridge Road Subject 2 bd · 1 ba · 900 sqft · $1,063 | $895,000* List Price | 2 | 1 | 900 | $1,063 | - |
A 5000 Mohrhardt Ridge Road Active 2 bd · 1 ba · 900 sqft · $1,054 · 0.0 mi | $949,000 List Price | 2 | 1 | 900 | $1,054 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1932 and described as 'mostly original,' the property features highly dated kitchens and bathrooms with finishes likely exceeding 30-50 years in age. The 'legal non-conforming' status and visible deterioration of exterior surfaces like the pool deck suggest the need for significant rehabilitation and modernization of aging systems.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 1974139, living area = 900.
The property features a rare 'legal non-conforming' status with multiple residential structures, including a main house, caretaker's home, and pool house, offering a density of improvements that cannot be replicated under modern zoning regulations.
Spanning 45 acres, the ranch offers unparalleled privacy and stunning panoramic views across five counties, complemented by diverse natural features including a redwood grove and a large south-facing meadow.
Most improvements date back to the 1930s through the 1960s and are maintained in their original state, likely requiring significant capital investment for modern updates, systems, and repairs.
The main residence is relatively small at approximately 900 square feet, which may feel restrictive for buyers seeking a traditional luxury estate without utilizing the auxiliary buildings.
This 45-acre ranch offers privacy and forever views with a 900+/- square foot 2/1 main house, 900+/- square foot 2/1 2nd caretakers' home, 560+/- square foot 2/1 pool house with a resort style in-ground pool, 2,000+/- square foot 1/1 converted barn, and a 1,500 +/- square foot storage building. This property was originally developed beginning in 1932 through the 1950's and into the early 60's according to the Sonoma County Assessor's office. All its improvements are maintained mostly original with old world charm. The homes here were all built prior to county regulation which makes them 'legal non-conforming', meaning they are grand-fathered in. You could not re-create this compound again today. This beautiful property is located just 4.4 miles from downtown Cazadero off Morhardt Road, an extension of King Ridge Road, which is a private all-weather road shared by large acreage property owners. There are developed roads throughout the property, a large 5+/- acre South facing meadow, a redwood grove, stunning panoramic views over 5 counties, hiking/riding trails, and much more. This is all on PG&E electricity power too, not off grid. If you're looking for a country retreat property to get away too and have perfect privacy and serenity where nature abounds, this is the ranch for you.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.3 |
| Baths | 1.0 | 1.0 |
| Square foot | 900 | 853.375 |
| Lot Size | 1,974,139 | 229,573.625 |
| Price | $895.0K | $458.1K |
| Price per sq ft | $994 | $543 |
| Built year | 1932 | 1947 |
| HOA | $0 | $63 |
| Days on market | 46 | 88 |
Oct 17, 2026
$895,000
$949,000
-6% Price Drop
Initial Listing
Sep 8, 2026
$949,000
Initial Listing