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  • $498,000

    21541 Highland Terrace, Monte Rio, CA 95462

    1beds
    720sqft
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    Single Family Residence
    Built in 1956
    7,000 Square Feet Lot
    $485,700 Zestimate®
    $692/sqft
    $-- HOA

    What's special

    Timeless characterThoughtfully rebuilt cottageExceptional privacyFilled with natural lightSpacious one-bedroom one-bath homeNew insulation drywall flooringNumerous cosmetic improvements throughout
    Welcome to "Fernwood", where a thoughtfully rebuilt cottage meets the quiet magic of Russian River living. Nestled along one of the area's most idyllic lanes, surrounded by lovingly maintained and updated homes, this quiet enchanting retreat feels worlds away from the everyday. Towering trees, filtered sunlight, and the peaceful sounds of nature create a setting that invites you to slow down and stay awhile. Taken down to the studs by the current owners, the home has undergone extensive renovations, including updated electrical and plumbing systems, new insulation, drywall, flooring, and numerous cosmetic improvements throughout. Tucked against hundreds of acres of forestland and a sitting area to take in the views, the property enjoys exceptional privacy with front and back decks and a serene natural backdrop that changes beautifully with the seasons. Inside, the warm and inviting floor plan is filled with natural light and timeless character. Currently configured as a spacious one-bedroom, one-bath home, it can easily be reconverted back to a two-bedroom layout if desired. Large windows create a seamless connection between the indoors and the surrounding landscape, bringing the beauty of the outdoors into everyday living. Outside, gated off-street parking for four or more vehicles is a rare and valuable amenity in this neighborhood. Whether you're searching for a full-time residence, a weekend escape, or a turnkey investment property, "Fernwood" offers a unique blend of comfort and natural beauty. Just minutes from Sonoma Coast State Park, Bodega Bay, the Pacific Ocean, and the Russian River.
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    Zillow last checked:

    Listing updated:

    Listed by:

    Mallory Lambert Silipo DRE #02005785 707-478-5342,

    Corcoran Icon Properties 415-266-3100,

    Pamela Ranella DRE #02005229 707-810-5066,

    Corcoran Icon Properties

    Source: BAREIS,MLS#: 326051357MLS LogoOriginating MLS: Sonoma

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      • Bathrooms: 1
      • Full bathrooms: 1
      Primary bedroom
      • Features: Closet, Sitting Area
      • Level: Main
      Bedroom
      • Level: Main
      Bathroom
      • Features: Tub w/Shower Over, Window
      • Level: Main
      Kitchen
      • Level: Main
      Living room
      • Features: Open Beam Ceiling, Skylight(s)
      • Level: Main
      Heating
      • Heat Pump
      Cooling
      • Heat Pump
      Appliances
      • Included: Electric Water Heater, Free-Standing Electric Oven, Free-Standing Electric Range, Free-Standing Refrigerator
      • Laundry: None
      Features
      • Basement: None
      • Number of fireplaces: 1
      • Fireplace features: Electric
      Interior area
      • Total structure area: 720
      • Total interior livable area: 720 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 4
      • Parking features: Uncovered Parking Spaces 2+
      • Has uncovered spaces: Yes
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Deck
      • Has view: Yes
      • View description: Trees/Woods
      Lot
      • Size: 7,000 Square Feet
      • Features: Private
      Details
      • Parcel number: 095111013000
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Cottage
      • Property subtype: Single Family Residence
      Materials
      • Foundation: Concrete Perimeter
      • Roof: Metal
      Condition
      • Year built: 1956

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Public
      • Utilities for property: Internet Available, Public

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Monte Rio

      Financial & listing details

      • Price per square foot: $692/sqft
      • Tax assessed value: $74,557
      • Annual tax amount: $4,440
      • Date on market: 6/17/2026
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        Estimated market value

        $485,700

        $461,000 - $510,000

        $2,549/mo

        Price history

        DateEventPrice
        6/18/2026Listed for sale$498,000+48.7%$692/sqft
        Source: BAREIS #326051357 Report a problem
        12/29/2023Sold$335,000-6.7%$465/sqft
        Source: BAREIS #323919877 Report a problem
        11/30/2023Pending sale$359,000$499/sqft
        Source: BAREIS #323919877 Report a problem
        11/11/2023Contingent$359,000$499/sqft
        Source: BAREIS #323919877 Report a problem
        10/23/2023Listed for sale$359,000+683.5%$499/sqft
        Source: BAREIS #323919877 Report a problem
        4/26/1999Sold$45,818$64/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,440 +210.1%$74,557 +2%
        2024$1,432 +7.5%$73,096 +2%
        2023$1,332 +2%$71,664 +2%
        2022$1,305 +1.1%$70,259 +2%
        2021$1,292 -3.9%$68,882 +1%
        2020$1,345 +6.2%$68,176 +2%
        2019$1,266 +22.7%$66,840 +2%
        2018$1,032 $65,531 +2%
        2017-- $64,247 +2%
        2016$1,025 $62,989 +1.5%
        2015-- $62,044 +2%
        2014-- $60,830 +0.5%
        2013$98,270 $60,556 +2%
        2012-- $59,370 +2%
        2011-- $58,207 +0.8%
        2010-- $57,773 -0.2%
        2009-- $57,912 +2%
        2008-- $56,777 +2%
        2007-- $55,664 +2%
        2006-- $54,573 +2%
        2005-- $53,504 +2%
        2004-- $52,456 +1.9%
        2003-- $51,494 +2%
        2002-- $50,485 +2%
        2001-- $49,497 +2%
        2000-- $48,526

        Find assessor info on the county website

        Monthly payment

        Est. payment

          Payment breakdown

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          All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
          HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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          Climate risks

          Neighborhood: 95462

          Getting around

          18 / 100
          Car-Dependent
          6 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating

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