849 Falcon Way, Healdsburg, CA 95448, Healdsburg, 95448 - 3 bed, 3 bath
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849 Falcon Way
Healdsburg, CA 95448
ACTIVE
CONDITION: FAIR
3Beds
3Baths
1,369Sq Ft
4,369Lot Size
Property Price
LIST PRICE$695,000
EST. MARKET VALUE
$737,722
5% BelowMARKET VALUE
SUMMARY
This property presents a Strong Value Opportunity with a List Price of $695,000—positioned well below the $737,723 Fair Market Value by 5%. This valuation gap offers $42,723 in Instant Equity for buyers. Featuring a Condition Rating of 4, the home offers a functional layout with a modern mini-split HVAC system, though it requires cosmetic updates to reach its full potential. Located near the Healdsburg Golf Course and Russian River, this is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a value-add project.
Estimated Market Value
$737,722+$42,722 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Healdsburg.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 849 Falcon Way Subject | $695,000* List Price | 3 | 3 | 1,369 | $539 | - |
A 843 Falcon Way Sold | $655,000 | 2 | 2 | 1,050 | $624 | 0.0 mi |
B 220 Cedar Circle Sold | $645,000 | 2 | 2 | 1,200 | $538 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1985 (39 years old), the home is dated with original oak cabinetry, older countertops, and popcorn ceilings throughout. While the addition of a modern mini-split HVAC system is a plus and the home appears functional, it requires cosmetic updates and minor repairs to the exterior decking to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Lifestyle Location
Ideally situated near the Healdsburg Plaza, Russian River, and Healdsburg Golf Course, offering residents easy access to world-class dining, recreation, and local entertainment.
- Exceptional Community Amenities
The property benefits from proximity to a clubhouse, pool, and Russian River access, providing a resort-like atmosphere and enhanced recreational opportunities for residents.
- Strong Value Proposition
Priced competitively at $695,000 for a 3-bedroom single-family home in the highly desirable Healdsburg market, this property represents a significant entry-level or investment opportunity.
CONSRISKS & DEFICIENCIES
- Compact Living Space
With 1,369 square feet for a three-bedroom layout, the interior may feel constrained for buyers seeking larger common areas or expansive master suites.
- Modest Lot Size
The 4,369 square foot lot offers limited private outdoor space, which may be a drawback for those looking for extensive gardens or large-scale outdoor entertaining areas.
About 849 Falcon Way
3-Bedrooms, 2-1/2 Baths Home close to Healdsburg Golf Course, Russian River, Downtown Healdsburg Plaza. Located near Clubhouse and Pool with Russian River Access, Close to Badger Park which has a Dog Park, Community Gardens.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1985
- Lot Size
- 4,369 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.4 |
| Square foot | 1,369 | 1,911.136 |
| Lot Size | 4,369 | 9,768.727 |
| Price | $695.0K | $1.35M |
| Price per sq ft | $508 | $702 |
| Built year | 1985 | 1970 |
| HOA | $0 | $351 |
| Days on market | 33 | 63 |
Pricing History
Listed for Sale
Aug 7, 2026
$695,000
Initial Listing