$247,500

Rare and remarkable opportunity to own 3 ocean view parcels in the town of Gualala. All lots have public water meters already in place! Per Mendocino County Planning Department, these lots are not subject to the moratorium. Zoning allows for the possibility of a residential, multi-unit, commercial, or mixed-use development. Two of the three lots are contiguous and 38954 Cypress Way fronts Highway 1. With a combined total of approximately 2.3 acres, dramatic ocean and estuary views plus the flexibility allotted by the zoning (GVMU), the potential return on investment for the new owner/developer is exceptional.