
Monte Rio, CA 95462
This Hybrid Residential Property is a High-Potential Investment Opportunity, listed at $625,000—positioned well below the $601,964 Fair Market Value by -3%. While the list price is slightly above market, the property offers a Fair Condition Rating with significant upside through its fully independent lower-level suite and large 24,428 sqft lot. Featuring uninterrupted forest views and ample off-street parking, this home provides a unique "house hack" potential. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, private retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 21731 Monte Vista Terrace Subject | $625,000* List Price | 3 | 2 | 1,320 | $456 | - |
A 9085 Middle Terrace Active | $599,000 List Price | 2 | 2 | 1,411 | $425 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1939, this property is exceptionally well-maintained but remains dated according to the criteria. The kitchen and bathrooms feature older cabinetry and vintage fixtures, such as the clawfoot tub, which likely exceed the 20-year age threshold for a 'Good' rating. While move-in ready, the systems and finishes reflect a 15-30 year renovation cycle rather than modern updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 24428, living area = 1320.
Situated on over half an acre bordering protected land, the property offers rare privacy and uninterrupted forest views from every window, ensuring a permanent natural backdrop.
The fully independent lower-level suite with its own entrance, kitchenette, and deck provides excellent potential for rental income, a home office, or guest quarters.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1320, other record living area = 1026.
Built in 1939, the home's original redwood and knotty pine construction, while charming, may require specialized maintenance or updates to meet modern efficiency standards.
With 56 days on market and a recent price reduction, the property may be facing challenges in buyer conversion at its current valuation relative to local demand.
Set on more than half an acre among mature redwoods, this lovingly-maintained knotty pine, redwood, and cedar home offers rare privacy, forest views from every window, plus a flexible lower-level suite with its own entrance and parking area. Three features set this property apart: ample off-street parking for multiple vehicles, easy access to the main house with only a few steps from the carports, and a fully independent lower-level suite. The home balances original character with thoughtful updates. Preserved details include hardwood floors, knotty pine walls, and an oversized cast-iron clawfoot tub. The main level features a great room with vaulted wood ceilings, abundant natural light, a sleeping loft, and a large wood-burning stove. Glass doors open to a paver patio beneath the trees. The kitchen connects to a spacious deck, while the dining room includes a large skylight and built-in reading nook. Two bedrooms and a generously sized bathroom complete the main floor. The lower-level suite offers exceptional flexibility. With its own living room, bedroom, bathroom, kitchenette, wood-burning stove, and twenty foot deck, it functions equally well as guest quarters, a rental, a home office, studio, or workspace. Additional amenities include a large walk-in storage area beneath the house and a separate laundry shed with room for tools, bicycles, kayaks, and other gear. Privacy and parking are increasingly difficult to find in the Russian River area. This property borders Sonoma Land Trust-protected Monte Rio Redwoods, creating an uninterrupted forest backdrop and preserving the views from every room. Several off-street parking spaces, including two covered carports, provide convenience rarely found in the area. Located above the flood zone, the property is approximately five minutes from Villa Grande Beach and fifteen minutes from the Sonoma Coast. Nearby attractions include wineries, restaurants, community events, and Northwood Golf Club. Some furnishings available upon request.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.5 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,320 | 1,018 |
| Lot Size | 24,428 | 10,269.5 |
| Price | $625.0K | $609.5K |
| Price per sq ft | $473 | $793 |
| Built year | 1939 | 1915 |
| HOA | $0 | $0 |
| Days on market | 72 | 57 |
Aug 2, 2026
$625,000
$639,000
-2% Price Drop
Initial Listing
Jun 29, 2026
$639,000
Initial Listing
Jan 20, 2012
$245,000
Public Record