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38851 S Highway 1 #M-15, Gualala, CA, 95445

3beds
2baths
1,190sqft
$424,000
$356price/sqft
$2,932/moest. monthly cost
$117,280/yrincome needed

About This Home

First 'New Unit' offering at Ocean View Estates, in nearly 20 years. An opportunity to become part of a much sought after coastal lifestyle in Gualala. This 55+ age community enables a simpler form of ownership with one low monthly fee that includes water, sewer, garbage/recycling and space rental. Ideally sited towards the back SE corner of the Park, this premiere location provides close proximity to walking paths that lead to many downtown services and amenities. Stroll to the Gualala Bluff Trail and enjoy the beauty of our River and endless Pacific Ocean vistas. The 3BR, 2BA floor plan w/large deck and meadow/forest views lends itself well to seamless indoor - outdoor living. Maintain your space and brand new exquisite, individual, approx. 1190 sq. feet of home, with a pride of ownership. A paver block driveway alongside the home is part of this package, and is still to be completed prior to a close of escrow. Southerly exposure with blue water ocean views highlight the masterful design. Enjoy the new norm for affordable, ease of living on our gorgeous coast; where you leave much of the main property chores and maintenance needs up to Park Mgmt. Get your OVE Park approval for residency now, and start living in Gualala, at the southern tip of Mendocino County. Contact Broker.

Getting Around

39
WalkingCar-Dependent
0
TransitVery Limited Transit
18
BikeSomewhat Bikeable

Schools

3/10
Arena Elementary SchoolGrades K-812.9 mi
3/10
Point Arena High SchoolGrades 9-1213.2 mi

Construction

Condition

  • Property condition: New Construction
  • New construction: Yes
  • Year built: 2024

Type & Style

  • Home type: MobileManufactured
  • Property subType: Double Wide

Interior

Appliances

  • Appliances included: Free-Standing Gas Range,Free-Standing Refrigerator,Gas Water Heater,Microwave
  • Laundry features: Hookups Only

Bathroom

  • Features: Tub w/Shower Over

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Flooring: Laminate

Heating & Cooling

  • Heating features: Central,Propane
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 1,190
  • Total interior livable area: 1,190 sqft

Living Room

  • Features: Deck Attached

Property

Details

  • Special condition: Trust

Parking

  • Total spaces: 2
  • Parking features: No Garage,Off Street
  • Has uncovered spaces: Yes
  • Uncovered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Landslide
    LandslideRelatively High
  • Wildfire
    WildfireRelatively High
  • Drought
    DroughtModerate

How This Home’s Risks Compare

Earthquake
Inland Flooding
Landslide
Wildfire
Drought

FEMA Declared Disasters in Mendocino County and California

Earthquake
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,143$25,716
Home Insurance *$155$1,860
Property Taxes $236$2,832
Electricity $398$4,786
Total$2,932$35,184
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$100,525/yr
40% on housing$87,960/yr
45% on housing$78,186/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 13.5%
13.5%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.9%
1.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$356This listing

vs Other Active Listings

Avg $/sqft

ZIP 95445$342
Mendocino County$404

vs Homes Sold Last Month

Median $/sqft

ZIP 95445$504
Mendocino County$344

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-05-09Listed for sale$424,000
2026-05-01Listing removed$424,000
2025-08-16Listed for sale$424,000

New Construction

AgentRobert T Juengling
BrokerageOceanic Land Office

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