This rare North Coast multi-unit property combines steady income, substantial upside, and unbeatable location. Just 5 minutes north of Fort Bragg and a short walk to the pristine shores of MacKerricher State Park & Beach, this investment offers the perfect mix of long-term stability and vacation-rental potential. Main Residence: Mid-century 3BR/2BA ranch-style home on 1.5 acres, featuring authentic old-growth redwood paneled walls, beamed & lofted ceilings, and a dramatic brick fireplace with a Drolet high-efficiency wood stove insert. Income Units: Four existing units generate $4,000/month in stable rental income. Tourism Upside: With no current vacation rental restrictions, investors can unlock significant revenue growth by upgrading units into stylish short-term rentals—ideal for visitors drawn to Mendocino’s redwoods, coastline, and outdoor lifestyle. Enjoy a 15-minute nature trail stroll to MacKerricher Beach, whale-watching on the headlands, bird watching and kayaking Lake Cleone, or biking the Pacific Coast Highway. This location offers both tranquil living and strong tourist draw. Buyer to cooperate with 1031 exchange at no cost.