
Guerneville, CA 95446
This Russian River Value-Add Retreat is a Strong Value Opportunity, listed at $524,000—positioned well below the $561,697 Fair Market Value by 6%. This valuation gap provides $37,697 in Instant Equity. While maintaining a Condition Rating of 4 with dated interiors, the home features updated major systems and a versatile detached Casita. Set above the flood zone with a redwood grove view, it offers significant upside through cosmetic personalization. This is a prime choice for Owner-Occupants or Value-Add Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 14529 Redwood Lane Subject | $524,000* List Price | 2 | 1 | 879 | $639 | - |
A 14792 Northern Avenue Active | $550,000 List Price | 2 | 1 | 756 | $728 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
While the property has updated major systems including a heat pump, electrical, and dual-pane windows, the interior finishes are significantly dated. The kitchen and bathroom feature older oak cabinetry and laminate surfaces, the hardwood floors require refinishing, and the carpeting shows age, placing it in the category of a well-maintained but outdated home needing cosmetic updates.
Positioned safely above the flood zone in the Russian River area, this property offers a significant insurance and safety advantage over many neighboring homes in Guerneville.
The home features essential infrastructure upgrades, including a modern heat pump, electrical improvements, and dual-pane windows, reducing immediate capital expenditures for the buyer.
The inclusion of a charming detached Casita provides excellent flexibility for a home office, guest suite, or creative studio, effectively expanding the property's functional living space.
At just 879 square feet, the main residence is quite compact, which may pose challenges for buyers seeking spacious indoor living or storage areas.
Dating back to 1938 and set within a redwood forest, the property will likely require consistent ongoing maintenance to manage moisture and the natural aging process of a historic cabin.
Set above the flood zone and surrounded by towering redwoods, this enchanting Guerneville property offers privacy, storybook charm, and incredible potential in one of the Russian River's most desirable pockets. With great bones and major systems already dialed in, including dual pane windows and upgrades to heat pump and electrical, the heavy lifting has been done, allowing you to step in and bring your own vision to life. Lovingly held by the same owner for nearly 50 years, the home carries a sense of history and character you feel the moment you arrive. The main residence features two bedrooms plus a flexible loft space tucked among the trees, ideal for guests, a home office, or a quiet escape, with a relaxed cabin feel, interesting lines, and vintage touches that are hard to replicate. Set on an approximately 6000 square foot lot that lives much larger, the property feels peaceful and tucked away, with filtered sunlight and redwoods creating a calm, natural setting. Outdoor spaces are inviting and easy, with a front deck overlooking the neighborhood and a large, freshly painted back deck perfect for entertaining or slow evenings under the trees. A charming detached Casita at the rear of the property adds flexibility for guests, a studio, or a work from home setup, expanding the possibilities even further. Located in Drake Estates with easy access to neighborhood beach paths and the river, this is a rare opportunity to own a slice of the Russian River lifestyle. This is more than a home, it's a foundation, solid systems, a timeless setting, and ready for your imagination to take it to the next level. Opportunities like this are few and far between.
No exterior & parking available.
Grades K-8 • 1.3 mi
Grades 9-12 • 5.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 1.0 | 2.0 | 36% |
| Square foot | 879 | 1,155.5 | 39% |
| Lot Size | 5,998 | 6,183.55 | 47% |
| Price | $524.0K | $512.0K | 50% |
| Price per sq ft | $596 | $494 | 69% |
| Built year | 1938 | 1954 | 22% |
| HOA | $0 | $0 | 50% |
| Days on market | 20 | 244 | 3% |
Apr 2, 2026
$524,000
Initial Listing