
Guerneville, CA 95446
This property presents a Strong Value Opportunity with a List Price of $524,000—positioned well below the $561,697 Fair Market Value by 6%. This valuation gap offers $37,697 in Instant Equity. Featuring a Condition Rating of 4, the home offers modernized core systems, including a new heat pump and electrical, while allowing for cosmetic personalization. With a detached Casita and redwood views, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add property in the Russian River area.
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 | $596 | - |
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 received critical system upgrades including a newer heat pump, electrical panel, and dual-pane windows, the interior remains dated. The kitchen features older oak cabinetry and laminate counters, and the bathroom and living areas with wood paneling and older flooring reflect a renovation age of 20-30 years, requiring cosmetic updates to meet modern standards.
Situated above the flood zone in the desirable Drake Estates, this property offers rare peace of mind alongside deeded river access and a serene redwood backdrop.
Significant capital improvements including a new heat pump, electrical upgrades, and dual-pane windows provide a solid foundation, reducing immediate post-purchase infrastructure costs.
The inclusion of a detached Casita and a versatile loft space offers excellent potential for a home office, guest suite, or creative studio, maximizing the utility of the lot.
With only 879 square feet of living space in the main residence, the layout may feel restrictive for buyers seeking expansive indoor areas or larger family accommodations.
Dating back to 1938, the property may require ongoing aesthetic updates and specialized care typical of older cabins to fully align with modern luxury standards.
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 | 41% |
| Square foot | 879 | 991.5 | 45% |
| Lot Size | 5,998 | 6,334.05 | 45% |
| Price | $524.0K | $500.0K | 55% |
| Price per sq ft | $596 | $504 | 64% |
| Built year | 1938 | 1952 | 27% |
| HOA | $0 | $0 | 50% |
| Days on market | 73 | 286 | 5% |
Apr 2, 2026
$524,000
Initial Listing