Welcome to "Fernwood," a beautifully renovated Russian River cottage shown in tax records as a two-bedroom home and served by a two-bedroom septic, now thoughtfully opened up by the sellers to create a spacious and airy one-bedroom retreat. Nestled along one of the area's most idyllic lanes, surrounded by lovingly maintained and updated homes, this enchanting hideaway 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, with a sitting area perfectly positioned to take in the views, the property enjoys exceptional privacy, 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, with large windows creating a seamless connection between the indoors and the surrounding landscape. While currently configured as a spacious one-bedroom, one-bath home, the layout can be converted back to two bedrooms if desired. 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.
Active
Price cut: $16K (9/4)
$482,000
21541 Highland Terrace, Monte Rio, CA 95462
2beds
720sqft
Single Family Residence
Built in 1956
7,000 Square Feet Lot
$472,900 Zestimate®
$669/sqft
$-- HOA
What's special
Timeless characterTowering treesExceptional privacyFilled with natural lightBeautifully renovated cottageSpacious one-bedroom one-bath homeNew insulation drywall flooring
- 79 days
- 1,371
- 106
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#: 326051357
Originating MLS: Sonoma
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- 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: $669/sqft
- Tax assessed value: $348,534
- Date on market: 6/17/2026
Estimated market value
$472,900
$449,000 - $497,000
$2,262/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/4/2026 | Price change | $482,000-3.2%$669/sqft |
Source: | ||
| 6/18/2026 | Listed for sale | $498,000+48.7%$692/sqft |
Source: | ||
| 12/29/2023 | Sold | $335,000-6.7%$465/sqft |
Source: | ||
| 11/30/2023 | Pending sale | $359,000$499/sqft |
Source: | ||
| 11/11/2023 | Contingent | $359,000$499/sqft |
Source: | ||
| 10/23/2023 | Listed for sale | $359,000+683.5%$499/sqft |
Source: | ||
| 4/26/1999 | Sold | $45,818$64/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $348,534 +367.5% |
| 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
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Neighborhood: 95462
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