8787 Highway 9, Ben Lomond, California 95005, Ben Lomond, 95005 - 4 bed, 3 bath
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Ben Lomond, California 95005
This Multi-Unit Forest Retreat is a versatile residential asset listed at $995,000, positioned near its $917,240 Fair Market Value. Comprising two distinct homes on a 16,030 square foot lot, the property provides a unique opportunity for rental income or multi-generational living. The estate holds a Condition Rating of 4, featuring a new roof and functional systems, though the 1939 interiors offer room for value-add modernization. With creekside views and a circular driveway, it combines a tranquil redwood setting with central Ben Lomond access. This property is perfectly suited for Owner-Occupants or Multi-Generational Families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8787 Highway 9 Subject | $995,000* List Price | 4 | 3 | 1,864 | $501 | - |
A 655 Marion Avenue Sold | $899,000 | 3 | 2 | 1,711 | $525 | 0.9 mi |
B 135 Rancho Rio Avenue Active | $1,150,000 List Price | 3 | 3 | 1,968 | $584 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property, built in 1939, is well-maintained with a new roof and functional systems, but the interiors are significantly dated. The kitchen features older white appliances and basic cabinetry, while the living areas contain vintage wood paneling and aged carpeting that require modernization to meet current quality standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 16030, living area = 1864.
Featuring two separate charming homes on one lot, this property offers excellent versatility for rental income to offset a mortgage or for multi-generational living arrangements.
The property boasts a magical atmosphere with redwoods, meandering creeks, a bridge, and a fountain, providing a peaceful retreat while remaining centrally located near town amenities.
Originally built in 1939, the property may require ongoing maintenance or modernization of older systems to meet contemporary standards and efficiency.
Situated on Highway 9, the property may be subject to traffic noise, which could potentially detract from the otherwise tranquil forest environment.
New improved price! The Banana Slug Inn is a magical multi-unit property centrally located in the heart of Ben Lomond near restaurants, hiking and mountain bike trails, Highlands Park, grocery stores and much more! Serene forest setting with meandering creeks, bridge and a babbling fountain. Two charming homes with character from bygone eras and great separation for privacy. Cozy up in front of the living room fireplace of the front home while enjoying views of the redwoods or choose the back home with views of the creeks and garden areas. Back home has an additional, coverted living area as well as a common area laundry room. Potentially offset your mortgage with potential rental income or the perfect opportunity for an extended family. Plenty of parking with a circular driveway for easy ingress and egress to both entrances of the property. Bonus is the new roof!!! A true delight and a unique opportunity!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 81% |
| Baths | 3.0 | 2.0 | 63% |
| Square foot | 1,864 | 1,787.5 | 50% |
| Lot Size | 16,030 | 15,028 | 50% |
| Price | $995.0K | $997.5K | 50% |
| Price per sq ft | $534 | $638 | 38% |
| Built year | 1939 | 1963 | 31% |
| HOA | $0 | $0 | 50% |
| Days on market | 168 | 196 | 44% |
Mar 20, 2026
$995,000
$1,049,000
-5% Price Drop
Initial Listing
Feb 11, 2026
$1,049,000
$1,095,000
-4% Price Drop
Initial Listing
Nov 5, 2025
$1,095,000
Initial Listing