Step into a Mendocino storybook! Nestled on an elegant lane on the ocean side of the Pacific Coast Highway, this gorgeous turnkey property boasts a pristine upscale 3 bed/2.5 bath cottage on over half an acre, surrounded by lush, lovingly curated landscaping. Only minutes from the historic town of Mendocino, and a short walk to deeded blufftop trail access and Russian Gulch State Park, this property has been fulfilling visitors' coastal dreams as a successful and well-reviewed vacation rental since January 2022, effortlessly achieving a 60% occupancy rate despite weeks of being blocked off for home improvements and blissful owner visits. The home manages to be both manageable in size and yet surprisingly spacious, sleeping eight comfortably in four queen and king-size beds, and includes a first floor primary bedroom suite outfitted with its own dressing area and washer-dryer. Recent home upgrades include a new roof, complete exterior paint, new interior paint, full duct cleaning, new electrical panels, carpeting, smart wifi locks, high-end crystal door hardware, Ecobee smart thermostat, window shades, extensive tree work, and a refurbished garden! Complete with brick propane-start fireplace, a two-car garage, an outdoor enclosed dining patio, a large outdoor spa, and water provided by the neighborhood water company, this property is ready to be your very special second home, your forever dream home, your value-appreciating income stream, or all three!