Discover a unique investment opportunity with The Lovejoy Mansion, a Stick Eastlake Victorian built between 1885-1887 and later converted into an 8-unit multi-family property in the mid-20th century. This building combines classic architectural character with updated systems, offering both historic charm and practical functionality in the heart of Napa Valley. Modern Systems: Comprehensive 1985 renovation included all-new plumbing, ABS drain lines, full rewiring for electric, phone, and cable, and new gas service all separately metered for each unit. Independent Utilities: Each unit boasts its own gas-fired wall furnace and gas water heater, ensuring individual tenant control and efficient management. Fully Leased: Solid tenant base, including some long-term residents, offering immediate cash flow. Outdoor Space: Shared rear patio area perfect for tenant relaxation. Prime Location: Just a short stroll to vibrant Downtown Napa fine dining, tasting rooms, shops, and entertainment all within reach. Whether you're seeking a stable income-producing asset or looking to add a landmark property to your portfolio, The Lovejoy Mansion represents a rare opportunity to own a slice of Napa's heritage in an unbeatable location.
Under contract
$1,975,000
1516 3rd Street #8, Napa, CA 94559
3beds
--sqft
Est.:
Multi Family
Built in 1885
-- sqft lot
$1,824,800 Zestimate®
$--/sqft
$-- HOA
What's special
Stick eastlake victorianShared rear patio areaClassic architectural characterGas-fired wall furnaceGas water heater
- 77 days
- on Zillow |
- 211 |
- 4 |
Zillow last checked: 7 hours ago
Listing updated: July 29, 2025 at 02:37am
Listed by:
Michael Holcomb DRE #01458995 707-226-2661,
W Real Estate 707-226-2661,
Will Lance DRE #01931900 707-367-4066,
W Real Estate
Source: BAREIS,MLS#: 325046282
Originating MLS: Napa

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Wall Furnace
Cooling
- None
Appliances
- Laundry: Other
Interior area
- Total structure area: 0
Property
Parking
- Parking features: None, See Remarks
Lot
- Size: 7,588.15 Square Feet
- Features: Other
Details
- Parcel number: 003202008000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1885
Utilities & green energy
- Water: Public
- Utilities for property: Sewer Connected
Community & HOA
HOA
- Has HOA: No
Location
- Region: Napa
Financial & listing details
- Date on market: 5/21/2025
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