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For sale
  • Listing Provided by: 

    Greg Burke DRE #01206312 707-937-5822,

    Mendo Sotheby's International Realty,

    Sarah Schoeneman DRE #01383401 510-418-0070,

    Mendo Sotheby's International Realty

    $1,545,000

    8660-8684 Highway 128, Philo, CA 95466

    --beds
    --baths
    --sqft
    : 
    Multi Family
    Built in 1949
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    This offering is a once in a lifetime opportunity to purchase the West side of Highway 128 in Philo, the center of the Anderson Valley's world class Pinot Noir-centric AVA. Historically known as The Last Resort, this complex is the center of Philo. Today it comprises 9 buildings on 5 lots, totaling 1.5+/- acres. There are 5 cottages (two with 2BD/1B and three with 1B/1B) and a mid-century modern designed tasting room (built in 2013), currently leased by the Baxter Winery. The SF Chronicle said this about the tasting room, '' A visit to the winery's sleek, modern tasting room is a good idea for anyone driving down Highway 128.'' There are also three vacant buildings, one of which has a septic permit for a 1BD/1B conversion. The footprint of the central building (formerly a post-war saloon and dance hall) has been maintained for maximum future development opportunity. The land consists of 5 separate APN's that were verified through the certificate of compliance process with Mendocino County in 2005. A new owner could decide through the county application process to boundary line adjust the property into five parcels of their own liking and include the required elements of water and septic in that application. The water system that serves all the parcels is currently a state small water system with storage tank and UV treatment. An application is pending with Mendocino County to remove the designation, as three of the cottages will now be serviced by a new well. In 2023 a boundary line adjustment was approved, which makes possible the sale of three cottages and their associated septic and well. All three cottages will be delivered vacant. A map is available showing its current configuration. The property is ideally suited for hospitality, wine retail, tourism, residential investment, or a long term investment hold in a desired and scenic town in Coastal California. Good income and a strong demand for housing in the area assure reduced risk for the buyer. Due to the central location on the Western side of Highway 128, the buyer has a unique opportunity to influence the future character of the village of Philo, and of Anderson Valley. If you are looking for a robust commercial opportunity in rural California, there is no better property than Philo's Last Resort. Make an appointment to view this property today.
    123 days
    on Zillow
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    92
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    Zillow last checked: 7 hours ago

    Listing updated: April 25, 2025 at 09:38am

    Listing Provided by:

    Greg Burke DRE #01206312 707-937-5822,

    Mendo Sotheby's International Realty,

    Sarah Schoeneman DRE #01383401 510-418-0070,

    Mendo Sotheby's International Realty

    Source: CRMLS,MLS#: C1-10895MLS LogoOriginating MLS: California Regional MLS (Ventura & Pasadena-Foothills AORs)
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 8660-8684 Highway 128.

    Next available tour time:Today at 7pm

    Facts & features

    Interior

    Heating
    • Has Heating (Unspecified Type)
    Cooling
    • None
    Features
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: No Common Walls

    Property

    Parking
    • Total spaces: 20
    • Parking features: Off Street
    Features
    • Pool features: None
    • Spa features: None
    • Fencing: Partial
    • Has view: Yes
    Lot
    • Size: 1.5 Acres
    • Features: Sprinklers None
    Details
    • Additional parcels included: APN's 04606046, 48, 49, 61 and 62
    • Parcel number: 0460604600
    • Zoning: C-2
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1949

    Utilities & green energy

    • Water: Well
    • Utilities for property: Electricity Connected

    Community & HOA

    Community
    • Features: Hiking, Mountainous, Rural, Valley
    • Subdivision: Not Applicable
    Location
    • Region: Philo

    Financial & listing details

    • Date on market: 2/21/2025
    • Listing terms: Cash,Cash to New Loan
    • Tenant pays: All Utilities, Trash Collection
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