MADISON CRESCENT CITY, CA 95531

Features

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Facts

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Sale Type

This property is offered for sale with Owner Financing available. With Owner Financing, owners can offer flexible terms which allow buyers to purchase property without a traditional bank loan. This leaves more room for negotiation on loan terms and approvals.

Description

Sweet & charming storybook cottage with 2 profitable guest units on 2.15 acres & two additional adjacent 1+ acre lots! 4.36 total acres. Fully furnished & turnkey! View virtual tours of the guest units & main house here: https://my.matterport.com/show/?m=Mqg25HVcTzi https://my.matterport.com/show/?m=Vvpfw7SHS1U Drone footage here: https://www.youtube.com/watch?v=D2Be8sLgOWE You can also watch a video tour of the grounds here: https://photos.app.goo.gl/NdpyEkG4ieZ3RjDy8 The main house includes a first floor primary bedroom with lots of storage in the walk-in closet, armoire & large dresser. The king bed includes a brand new cooling top memory foam mattress. The attached full bath is unique & pretty with custom double sink vanity, custom tile in the shower & fresh paint. An adjoining half bath & combined laundry room with a large antique farm sink & additional storage, make the space as functional as it is cute! The open living room & kitchen with large windows give you beautiful views from every seat! The propane stove/fireplace keeps it toasty & provides peaceful ambiance. Cooks will appreciate the propane range, pantry,& pull out storage cabinets within easy reach of the range. The sunroom is the entertainment center of the home, whether for daytime wildlife watching or nighttime movies, & includes new blackout blinds for privacy, a comfortable newer queen sleeper sofa, overstuffed recliner, 2 swivel arm chairs, a 70" HD TV & a pellet stove to keep it as warm as you'd like. Go up the pretty gallery staircase with the custom tile on the risers to find a bedroom with beautiful tree & yard views. The other side of the second story is an open loft currently used as a sleeping area. It's spacious & includes a seating area, full-sized bed, & twin XL bed. The warm wood of the lap ceiling makes it a cozy cottage hideaway. At the top of the stairs, you'll find a solar tube for natural light, sliding doors, & a small reading nook under the eaves complete with a lamp & comfy cushions. The separate studio guest units are part of the detached garage with one unit on the main floor & one unit upstairs. Each has its own entrance & garage access. Decorated thoughtfully with whimsical & eclectic pieces, the guest units are routinely complimented for being both pretty & comfortable. The guest units have been rented as short-term rentals for 4+ years with a strong income history. Both guest units & the main house are equipped & ready for guests! Currently booked into February, the guest units' existing bookings can transfer to new owner. Main house has been STR since June 1 with great income. Income information is available, just ask! Enjoy the sounds of the surf & sea lions, & the beauty of the trees & wildlife. So close to town, but private & wild! Great foraging on the property for berries & mushrooms! Large Tuff Shed built in 2022 with electricity provides ample storage, but there's even more in the combination wellhouse/shed. There is a private camping area that can accommodate "glamping" & provide an additional income stream! The camping area includes a 20' x 20' deck, an additional 8' x 8' enclosed bathroom area with water storage tank & a separate firepit area. Equipment like a 16+' bell tent & composting toilet are negotiable. There is a private, cleared forest path from the front of the property to the camping area. The two additional lots, 1855 Lake St & 1180 W Madison have separate parcel numbers. Currently used as privacy protection & foraging areas, you may want to explore the development potential. Yard equipment including a gasoline push mower, yard vacuum/chipper, pruning saw & more included. Newer Husqvarna Riding mower & other equipment is negotiable. You'll have everything you need to maintain, enjoy, & profit from this remarkable property! Lots of documents available for your review. Sellers will give 2% of purchase price seller credit & will carry a 2nd loan. Ask for terms. Sellers are licensed California Realtors.