Wharf Masters Inn 785 Port Rd 25 Room Hotel Point Arena, CA 95468 $5,200,000 ($208,000/Room)

Wharf Master's Inn is a 25-room boutique waterfront hotel in Point Arena, CA, overlooking Arena Cove and the Pacific Ocean. The property comprises six well-maintained and recently renovated buildings, including thoughtfully updated guest rooms and suites.

Accommodations feature private balconies with ocean or courtyard views, oversized jetted spa tubs, fireplaces, and boutique-style interiors. The Inn’s amenities include a courtyard with fountains and fire pits, the 40-seat Wave Lounge with beer, wine, and limited food permits, a new catering kitchen with premium appliances, and a Zen Studio with a state-of-the-art Wellness Cocoon, zero-gravity massage chair, and Cocoon Fitness Pod sauna. Additional upgrades include an EV charger, upgraded phone system, new weatherproof aluminum signage, and a 150kVa generator — the only hotel in the area with backup power.

Guests also enjoy private access to coastal bluff trails leading to the Point Arena Lighthouse. With full event and venue rental potential — ideal for weddings, retreats, and private gatherings — the property is perfectly positioned to capitalize on strong ADR and revenue growth opportunities in the high-demand coastal Mendocino County market.

Wharf Master's Inn represents a turn-key investment with ADR over $200 and a 2024 NOI of $481,100 (9.3% Cap Rate), offering a rare opportunity to own a premier boutique coastal property with significant upside in room rates, food & beverage, and event revenue.