
Santa Rosa, CA 95403
This Income-Generating Residential Compound is listed at $895,000, offering a unique dual-dwelling configuration in the desirable Wikiup/Larkfield neighborhood. Although priced above the $831,413 Fair Market Value, the property’s value is anchored by a Fully Furnished ADU with significant rental potential and a Modernized Open-Concept Layout in the main residence. Boasting a Condition Rating of 3, the home features a Functional Covered Patio and updated finishes. This is an ideal opportunity for Owner-Occupants seeking to offset costs or Multi-Generational Families requiring a turnkey, versatile sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 185 Lasso Lane Subject | $849,000* List Price | 4 | 3 | 2,008 | $399 | - |
A 5440 Corbett Circle Sold | $695,000 | 3 | 2 | 1,882 | $369 | 0.2 mi |
B 255 Wikiup Meadows Drive Sold | $749,000 | 4 | 3 | 1,897 | $395 | 0.4 mi |
C 5537 Corbett Circle Sold | $875,000 | 3 | 2 | 1,882 | $465 | 0.2 mi |
D 487 Noonan Ranch Lane Sold | $820,000 | 3 | 3 | 2,068 | $397 | 0.5 mi |
E 66 Noonan Ranch Circle Sold | $781,000 | 3 | 3 | 2,092 | $373 | 0.4 mi |
F 5330 Arnica Way Sold | $825,000 | 4 | 2 | 1,910 | $432 | 0.4 mi |
G 5410 Corbett Circle Active | $815,000 List Price | 4 | 3 | 2,035 | $400 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1964, the property features significant updates including an open-concept layout, recessed lighting, and a move-in ready interior. The kitchen and bathrooms appear to have been renovated within the last 5-15 years with functional cabinetry and black appliances, and the addition of a modern ADU adds substantial value and utility.
The property includes a fully furnished, move-in ready ADU above the garage, offering an immediate opportunity for rental income, multi-generational living, or a professional guest retreat.
Situated at the end of Lasso Lane in the desirable Wikiup/Larkfield neighborhood, the home provides a rare sense of privacy and tranquility while remaining close to shopping and hiking trails.
The main residence features a bright, updated interior with a seamless flow between the kitchen and living areas, enhanced by recessed lighting and a functional covered back patio.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2008, other record living area = 1368. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
With two separate dwellings and a two-car garage on a 6,386 sqft lot, the remaining private yard space may feel constrained for buyers prioritizing large outdoor areas.
Despite modern aesthetic updates, the 1964 construction date suggests that underlying systems like plumbing or electrical may require more maintenance compared to newer builds.
Best of Both Worlds Main Home + ADU with Income Potential. Rare opportunity to own a beautifully updated single-story 3-bedroom, 2-bath home plus a move-in ready 1-bedroom, 1-bath second home, ideal for generating rental income, hosting extended family, or accommodating a traveling professional. The Main Home offers a bright, open-concept layout designed for comfortable everyday living and easy entertaining. The charming kitchen features a center island with ample counter and cabinet space, flowing seamlessly into a spacious dining and living area. Recessed lighting and generous windows fill the home with natural light. Down the hall, three nicely sized bedrooms include a primary ensuite and a full hall bath. A welcoming front porch and covered back patio extend your living space outdoors perfect for morning coffee or evening gatherings. The Second Home sits above an attached two-car garage and delivers storybook charm with soaring vaulted ceilings, a bright and airy open living room, a well-appointed kitchen with island, and a spacious ensuite bedroom and bath. A large front window floods the space with natural light and frames beautiful views. Move-in ready an exceptional setup for a short-term rental, traveling nurse housing, or a private guest retreat. Both homes are tucked at the end of Lasso Lane, offering a rare sense of seclusion and tranquility in the highly sought-after Wikiup/Larkfield neighborhood with hiking trails, shopping, and a strong sense of community just minutes away. Income-generating properties like this don't come around often. Don't miss your chance
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 53% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,008 | 1,806.5 | 66% |
| Lot Size | 6,386 | 5,848 | 53% |
| Price | $849.0K | $705.0K | 76% |
| Price per sq ft | $423 | $443 | 45% |
| Built year | 1964 | 2002 | 20% |
| HOA | $0 | $0 | 50% |
| Days on market | 46 | 225 | 1% |
May 6, 2026
$849,000
$895,000
-5% Price Drop
Initial Listing
Apr 21, 2026
$895,000
Initial Listing
Jan 21, 2022
$262,580
Public Record