
Forestville, CA 95436
This Multi-Generational Residential Asset is a Strong Value Opportunity, listed at $699,000—positioned well below the $699,229 Fair Market Value by 0.03%. Featuring a 3-bedroom, 3-bath layout with an attached granny unit, the property offers significant income potential. While the home maintains a Fair Condition Rating with dated finishes, its 2,256 sqft footprint and sunny courtyard provide a solid foundation for modernization. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to offset mortgage costs through rental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8130 Park Avenue Subject | $669,000* List Price | 3 | 3 | 2,256 | $300 | - |
A 9695 Rio Vista Road Active | $698,000 List Price | 2 | 3 | 1,978 | $353 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1946, the property shows some cosmetic updates such as newer LVP flooring and recessed lighting. However, the kitchen and bathrooms remain dated with older laminate countertops, basic cabinetry, and vintage fixtures. The laundry area and some exterior elements show age-related wear, placing it in the 'Fair' category as it is functional but requires modernization and minor repairs.
The attached granny unit with its own living area and laundry hookups offers excellent potential for rental income or a multi-generational living arrangement.
Situated in the sought-after Mirabel Heights neighborhood, the property provides convenient access to the Russian River and the charming amenities of Forestville.
With over 2,200 square feet of living space, the home features a large kitchen, a cozy fireplace, and a sunny courtyard designed for comfortable indoor-outdoor living.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2256, other record living area = 1566. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Originally built in 1946, the home may require significant capital investment for modernizing systems or addressing deferred maintenance typical of older structures.
The three-bedroom count is split between two separate units, which may be a drawback for larger families who prefer all sleeping quarters to be located within the main residence.
Home with attached granny unit great for multi generational family or investor. Located in desirable Mirabel Heights, close to Forestville and the Russian River. Upper unit features two bedrooms, one full bath and a half bath. Large kitchen, family room with cozy fireplace and sunny courtyard for outdoor enjoyment. Laundry area with hookups. Lower attached granny unit features one bedroom and one bath with a large living area and laundry closet with hookups.
No exterior & parking available.
Grades K-1 • 1.4 mi
Grades 9-12 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 2,256 | - |
| Lot Size | - | - |
| Price | $669.0K | $633.7K |
| Price per sq ft | $297 | $465 |
| Built year | 1946 | 0 |
| HOA | $0 | $0 |
| Days on market | 33 | 41 |
Jul 10, 2026
$669,000
$699,000
-4% Price Drop
Initial Listing
Jun 19, 2026
$699,000
Initial Listing
Mar 21, 2018
$550,000
Public Record