
Guerneville, CA 95446
This well-maintained triplex represents a High-Potential Investment Opportunity, listed at $779,000. While the list price exceeds the estimated market value, the property offers significant stability through its 5.3% Cap Rate and separately metered units. Featuring a Condition Rating of 4, the interiors offer clear value-add potential through cosmetic updates. With Flood Zone Immunity and a peaceful redwood setting, this asset is designed for long-term performance. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a reliable income-generating property in Guerneville.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 14565 Canyon 1 Road Subject 0 bd · 0 ba · 2,872 sqft · $228 | $779,000* List Price | 0 | 0 | 2,872 | $228 | - |
A 14571 Canyon 1 Road Active 6 bd · 3 ba · 2,867 sqft · $235 · 0.0 mi | $675,000 List Price | 6 | 3 | 2,867 | $235 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1989 (35 years old), the property is functional and described as well-maintained, but the interiors are significantly dated. The kitchen and bathrooms feature original-style cabinetry, laminate countertops, and older white appliances that, while move-in ready for tenants, require cosmetic updates to meet modern standards.
Explicitly located outside of flood zones, this property offers a rare and significant advantage for the Guerneville area, reducing insurance costs and environmental risk.
With a 5.3% cap rate, separately metered units, and existing rental upside, this well-maintained triplex provides a stable and scalable income stream for investors.
Each unit features a desirable 2-bedroom, 1.5-bathroom configuration with dedicated covered parking, enhancing tenant retention and marketability.
The owner covers trash and common area electricity, which increases operating overhead and slightly reduces the net profit margin compared to a full utility pass-through.
Local schools are rated 5 and 6 out of 10, which may be a minor deterrent for long-term family tenants prioritizing top-tier educational districts.
Fully rented with upside potential. Well maintained triplex with each unit having 2 bedrooms and 1.5 baths. Short distance to Rio Nido Lodge, pool and restaurant. Voluntary membership. No Flood! Almost 1/4 acre lot with Redwooods and peaceful setting. Great for investors and owner occupied. No Flood. Covered carports for each unit with additional parking on back side of lot. Separately metered units. 5.3% Cap Rate. Landlord pays trash, common area electric, taxes and insurance. Easy to rent. Upside potential for each unit.
No exterior & parking available.
Grades K-8 • 1.5 mi
Grades 9-12 • 5.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 6.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 2,872 | 2,349 |
| Lot Size | 10,212 | 4,876.5 |
| Price | $779.0K | $450.9K |
| Price per sq ft | $271 | $179 |
| Built year | 1989 | 1933 |
| HOA | $0 | $0 |
| Days on market | 37 | 85 |
Sep 17, 2026
$779,000
Initial Listing
Aug 8, 2016
$600,000
Public Record