
Forestville, CA 95436
This property presents a High-Potential Investment Opportunity with a List Price of $569,000—positioned well below the $538,003 Fair Market Value by -5%. Featuring a Condition Rating of 2, this turnkey asset includes two fully furnished homes on a single parcel, offering significant Dual-Unit Income Potential. With recent capital improvements like newer roofs and tankless water heaters, the property is move-in ready. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a flexible live/work retreat in a prime Russian River location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8645 Mirabel Road Subject | $569,000* List Price | 2 | 2 | 998 | $539 | - |
A 8852 Trenton Road Sold | $440,000 | 2 | 1 | 768 | $573 | 0.2 mi |
B 8843 Marianna Drive Pending | $599,000 List Price | 2 | 2 | 1,118 | $536 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1950, the property has undergone a comprehensive recent renovation (likely within the last 5 years) featuring modern kitchens with stainless steel appliances, updated tile bathrooms, and Pergo flooring. Major systems are in mint condition with newer roofs, upgraded electrical panels, on-demand tankless water heaters, and newer HVAC systems, making it a fully turnkey, maintenance-free investment.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8773, living area = 998.
The property features two fully furnished homes on a single parcel with separate utility meters, offering exceptional versatility for short-term rentals, multi-generational living, or a turnkey investment opportunity.
Recent upgrades including newer roofs, dual-pane windows, upgraded electrical panels, and tankless water heaters ensure the property is in move-in-ready condition with reduced immediate maintenance needs.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 998, other record living area = 328. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
With a total of only 998 square feet divided between two separate homes, the individual living spaces are quite compact, which may not suit buyers looking for larger interior volumes.
Despite significant modern upgrades, the original 1950 construction may still present inherent limitations in layout or structural scale compared to more contemporary builds.
Exceptional investment opportunity in the heart of the Russian River. This property features two beautifully maintained, fully furnished homes on one parcel, ideally situated just moments from the Russian River between Speers Market and Burke's Canoes/Steelhead Beach. Whether you're looking for a turnkey income property, multi-generational living, or a flexible live/work retreat, this property offers incredible versatility. Each home features its own electric and gas meters, heat and air conditioning, gas range, built-in microwave, Pergo flooring, tile bathrooms, and on-demand tankless water heaters. Public water and sewer, a shared laundry room with linen storage, separate fenced yards, and ample off-street parking add to the property's convenience. Recent capital improvements include newer roofs on both homes, a new gravel/asphalt driveway, upgraded electrical panels, newer dual pane windows, and numerous additional upgrades, making this a truly turnkey offering. Both homes have strong short and long term rental history. Just minutes from award winning wineries, the Sonoma Coast, hiking and biking trails, and endless Russian River recreation, this is an exceptional opportunity to own a move in ready property with multiple income possibilities in one of Sonoma County's most sought after river communities.
No exterior & parking available.
Grades K-1 • 1.5 mi
Grades 9-12 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 998 | - |
| Lot Size | 8,773 | - |
| Price | $569.0K | $633.7K |
| Price per sq ft | $570 | $465 |
| Built year | 1950 | 0 |
| HOA | $0 | $0 |
| Days on market | 2 | 41 |
Jul 20, 2026
$569,000
Initial Listing
Aug 19, 2024
$570,000
Public Record
Oct 4, 2021
$543,500
Public Record
Jan 27, 2011
$64,000
Public Record
Jan 27, 2011
$6,000
Public Record
Jul 14, 2010
$3,000
Public Record