BG

Listed By Paul ZechDRE #01965059

Coldwell Banker Realty

2904 Freedom Boulevard

Corralitos, CA 95076

$3,200,000 Est. $16,181/mo

Reduced $595,000 · Jul 22

Active Under Contract 51 days on market

Listed By Paul ZechDRE #01965059

Coldwell Banker Realty

Your inquiry will go to Brenda Geraci, who is not the listing agent for this property.

Lot Size
83,635 sqft
Year Built
1931
Property Type
Commercial sale
Days on Market
51 days
Iconic and historic investment opportunity on nearly 2 acres of level land in thriving Corralitos. Fondly known since the 1850s as the "Five Mile House" a prominent former tavern and stagecoach stop this versatile commercial property blends steady holding income with immense development upside. The site currently hosts an eclectic, established mix of 10+ food, health, and service tenants providing an immediate, reliable income stream from day one. For the forward-thinking developer or entrepreneur, the true prize lies in the rear of the property: approximately 40,000 sq. ft. of flat, undeveloped land. Flexible Commercial zoning allows for a wide array of development options. As this area of Corralitos rapidly gains popularity as a vibrant hub for businesses, services, and entertainment, this premier location is primed for expansion. Bring your vision to maximize the untapped potential of this unique, underutilized community landmark. The possibilities here are truly limitless!

Estimate a monthly payment

—/mo

Principal and interest only. Property taxes, insurance and any HOA dues are not included and will increase this amount.

Estimates only, for your own planning. Not a loan offer, a pre-qualification, or a quote from any lender.

Features

Interior Features

Heating
  • Central

Exterior Features

Roof
  • Tar Gravel

Market insights

Computed from CRMLS data for Corralitos.

Property history

No prior MLS sale records.

Based on information from California Regional Multiple Listing Service, Inc. as of September 20, 2026 at 8:00 PM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Any amount of compensation or commission stated is made only to participants of CRMLS or an MLS that has entered into a datashare agreement with CRMLS.