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16861 Ocean Drive, Fort Bragg, CA 95437

$2.5M3bd · 2ba · 2,370 sqft
Lot 1 sqft•Single Family Residence•
Active
•143d on market•MLS# C1-11403

Property Description

Perched above the Pacific Ocean and overlooking Pine Beach, this exceptional coastal retreat offers privacy, tranquility, and access to both Jug Handle State Park and the sandy beach below. Set on a quiet lane, the beautifully maintained property captures the essence of Mendocino Coast living with breathtaking ocean vistas, lush gardens, and thoughtfully designed indoor-outdoor spaces. The single-level residence spans approximately 2,370± square feet and features two fireplaces, three bedrooms (3rd bedroom is being used as an office) and two baths, complemented by a separate guest suite above the garage and a north-facing artist studio with ideal natural light. Expansive windows and inviting gathering spaces create a seamless connection to the surrounding landscape and ocean beyond. Wake up every morning with the sights and sounds of the crashing waves from your primary suite with a beautifully appointed bathroom with double sinks, heated floors, and a door leading to a private patio. Outdoor living is equally captivating, with multiple spaces designed for relaxation and entertaining -- including a spacious ocean-view deck with hot tub and sauna, a fire pit perched above the shoreline, and a sheltered stone patio with fountain overlooking the manicured grounds. Vibrant gardens bloom throughout the seasons, while raised garden beds and a greenhouse provide the perfect setting for cultivating your own coastal garden oasis. The guest quarters offer beautiful views, a private living area with a wet bar, and a full bath, ideal for visitors, extended stays, or creative flexibility. In the past, it has provided a nice supplemental income as a nightly rental. Perfectly positioned between Mendocino and Fort Bragg, with scenic oceanside trails just outside your door, this rare offering combines natural beauty, comfort, and timeless coastal charm in one extraordinary setting. The solar system is owned, and there is a backup generator just in case, you will always have power!

Features & Amenities

FeeBuilt 1978

Property Details

Land Type
Fee
Year Built
1978
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
8
Garage Spaces
3
Heating
Central, Fireplace(s), Forced Air
Cooling
None
View
Bay, Bluff, Coastline, Ocean, Rocks, Water, White Water
Flooring
Tile, Wood
Roof
Composition
City
Fort Bragg
Zip Code
95437
County
Mendocino
Listed byMendo Sotheby's International Realty, Kira Meade

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$12,641.36
Principal & Interest
Loan Amount
$2,000,000
Total Interest
$2,550,890
Total Payment Over 30 Years
$4,550,890
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 5 active · 5 closed

16861 Ocean Drive, Fort Bragg, CA 95437

Fort Bragg · Single Family Residence

$2.5M
Luxury Tier
Beds
3
Baths
2
Sqft
2,370
Lot
40,946 sqft
Year
1978
$/Sqft
$1055
Pool: No✓
Spa: Yes✓
View: water✓
Garage: 3-car✓

Listed 237.8% above the median closed sale of $740,000. Price per sqft ($1,055) is a 164% premium to closed comps ($399). Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $2.50M· $1,055/sqft
Total list price
Closed comps
vs closed median $740K
+$1.76M (+237.8%)
Active comps
vs active median $1.08M
+$1.42M (+130.4%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $521
+$534 (+102.4%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
24763 Sashandre LaneFort Bragg1990322,08943,560$419$875,00012872
32854 Ocean Meadows CircleFort Bragg1980342,76239,204$724$2.00M19266
19351 Del Mar DriveFort Bragg2007432,90044,518$724$2.10M47360
860 Myrtle StreetFort Bragg1960432,48415,246$437$1.08M7557
470 Wall Street StreetFort Bragg1972321,8008,000$302$544,0004455
Total: 5 · Average3.42.82,40730,105.6$521.2$1.32M182.4
Median2,484$1.08M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
33440 Pacific WayFort Bragg197406/12/2026321,94442,689$769,000$740,000$3810.968572
19251 Monterey AvenueFort Bragg201705/26/2026332,67940,946$1.59M$1.59M$5951.007668
151 Dana StreetFort Bragg202609/04/2026321,86010,665$715,000$700,000$3760.9811055
32500 Nameless LaneFort Bragg198007/01/2026332,292248,728$885,000$885,000$3861.004154
32350 Ellison WayFort Bragg197806/26/2026322,800104,544$759,000$718,000$2560.957652
Total: 5 · Average3.02.42,31589,514.4$927,600$927,600$398.8—77.6
Median2,292$740,000$740,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.