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Closed
- Listed price
- $1,175,000
- Listed May 28, 2026
- Sold price
- $1,175,000
- Sold Aug 31, 2026
5,227.2 sqft lot|1978 Built|51 MLS days on market
10540 Lansing St, Mendocino, CA 95460
Property Description
Prime Mixed-Use Investment Opportunity in the Heart of Mendocino Village !Discover a remarkable and highly profitable income property located in the vibrant heart of the iconic historic village of Mendocino. This versatile, 4-unit mixed-use building spans approximately 3392 square feet, perfectly balancing commercial success with coastal residential charm.The property features: Prime Commercial Retail Space: An expansive, highly visible storefront (~1,688 sq. ft.) commanding excellent foot traffic in a coveted downtown location.The Historic Water Tower (Unit 1): A truly unique, quintessential Mendocino residence (~527 sq. ft.) featuring a loft bedroom with ocean views.Residential Unit 2: A comfortable and spacious two-bedroom, one-bathroom unit (~770 sq. ft.), Studio Unit: An efficient, cozy, ground level studio space (~420 sq. ft.).Situated on a desirable corner lot just blocks from the ocean bluffs, Big River, beach and state park trails. Home and pest inspection reports are available.
Listing agent: Birdie Wilson-HolmesDRE #01361234birdie@mendocinobaysiderealty.com, Listing office: Mendocino Bayside Realty
MLS data updated 11/3/2026, 11:38:19 AM PT
Source: CRMLSMLS #: C1-11427
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$1,175,000
Aug 31, 2026
Available records22026
From MLS recordsActual listing and closing events
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$1,175,000Closed sale · Aug 31, 2026ZIP 95460 · Aug 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 2 price recordsMay 28, 2026 – Aug 31, 2026
ZIP 95460 · same property typeThis MLS property type has no exact comparison group.
Freddie Mac · national weekly ratesLoading mortgage-rate history…
Recorded sales in this period (1)
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
View listing & sale records
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.