Gualala, CA 95445,38280 S Highway 1
Listed by Cindy Kennedy • Kennedy & Associates
Bought with Patty Bettega • Kennedy & Associates

$1,250,000

$1,295,000

3.5%
Est.Price: ?

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Est. payment /mo

130,680 SqFt


SOLD DATE : 11/02/2023

Key Details

Sold Price $1,250,000

Property Type Vacant Land

Sub Type Commercial Acreage

Listing Status Sold

Purchase Type For Sale

Square Footage 130,680 sqft

Price per Sqft $9

MLS Listing ID 323915153

Sold Date 11/02/23

HOA Y/N No

Lot Size 3.000 Acres

Acres 3.0

Property Description

The Historic Old Milano Hotel site that was a community fixture until 2001, when the main hotel burned down. Originally constructed in 1905 by Bert Luchinetti, an Italian immigrant from Milan, he named the hotel the Old Milano after his homeland. The Gualala railroad passed in front of the hotel, making it a social hub for the community. What remains on this magical ocean front site is 4 cottages believed to have been built in the 1980's as guest units and garages that were converted. With a CDP you could build a home or up to 10 guest rooms for visitor accommodations. Perfect family compound with spectacular views of Castle Rock in your front yard!

Location

State CA

County Mendocino

Area Gualala

Zoning Commercial,Hotel/Motel,Residential

Exterior

Fence Partial

Utilities Available DSL Available, Phone Available, Water Available, Water Connected

Building

Lot Description Public Trans Nearby, Secluded

Sewer Public Sewer

Water Mutual Water

Schools

School District Arena Union, Arena Union

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