9199 Rio Vista Road, Forestville, CA 95436, Forestville, 95436 - 2 bed, 2 bath
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Forestville, CA 95436
This Dual-Unit Value-Add Asset is listed at $450,000, with a Fair Market Value of $381,905. While currently priced above the automated estimate, the property’s Condition Score of 5 and Zoned Airbnb status present a significant opportunity for forced appreciation through strategic restoration. The layout includes a 2-bedroom main bungalow and a studio unit, complemented by a forested greenbelt view and private deck. Located minutes from Russian River beaches, this is an ideal acquisition for Fix-and-Flip Investors or Contractors aiming to build equity in a high-demand vacation rental market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9199 Rio Vista Road Subject | $450,000* List Price | 2 | 2 | 967 | $395 | - |
A 8385 Spring Drive Sold | $355,000 | 3 | 1 | 1,061 | $335 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1940, these bungalows are explicitly marketed as needing 'renovation and restoration' to build 'sweat equity.' The property analysis confirms the need for significant updates and substantial capital investment, indicating that the kitchen, bathrooms, and major systems are likely outdated or in disrepair.
The property features two separate living spaces—a 2-bedroom main unit and a studio—providing versatile options for multi-generational living or dual rental income streams.
Situated across from popular Russian River beaches and zoned for Airbnb, the property is perfectly positioned to capitalize on the high demand for short-term vacation rentals.
Priced as an investment opportunity, this property allows buyers to build substantial equity through renovation and restoration in a desirable Forestville location.
The 1940s structures are in need of significant updates and restoration, which will require a substantial upfront capital investment and construction oversight.
With only 967 total square feet divided between two units, the individual living areas are quite small, which may limit appeal for long-term tenants or larger households.
Unique Investment opportunity located just minutes from the charming town of Forestville. Featuring two separate 1940s bungalows the main unit offers 2 bedrooms and 2 full bathrooms, while the second unit is a quaint studio located below, providing multiple rental options. Live in one unit and rent the other, or lease both as an income producing property. Located across River Road from popular beaches and scenic swimming holes along the Russian River, this property offers endless summer potential for guests. Zoned for Airbnb, these bungalows are ready for renovation and restoration, making them a prime candidate for short-term rentals or long-term tenants. With some updates, this river property can be transformed into a cozy retreat. Great opportunity for a first-time homeowner to build sweat equity!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.5 | 50% |
| Baths | 2.0 | 1.5 | 50% |
| Square foot | 967 | 1,300 | 33% |
| Lot Size | 5,001 | 7,917 | 25% |
| Price | $450.0K | $490.0K | 42% |
| Price per sq ft | $465 | $472 | 50% |
| Built year | 1940 | 1958 | 38% |
| HOA | $0 | $0 | 50% |
| Days on market | 401 | 289 | 83% |
Feb 26, 2026
$450,000
$499,000
-10% Price Drop
Initial Listing
Mar 17, 2025
$499,000
Initial Listing