With sales volumes in the Russian River up 28% from Jan 21 to Dec 21 compared to the prior year and with the number of new listings only up 15% the market was clearly weighted towards sellers with lots of buyers chasing an ever decreasing supply of homes. As a result prices increased just over 10% as many homes attracted multiple offers driving the sale prices beyond list price. While it may feel like very home sold for over asking, the reality is that, while the average sale price to list price was 104%, there were many homes that sold for under asking price but there were a significant number where 5, 10 even 20 offers, drove the price significantly above asking price. Outlined below are ten homes that attracted the highest price over their asking price with one home selling for 62% over asking price!
21070 Bohemian Ave, Monte Rio- $485,000 (Selling Price): 162% Over Asking Price
This home sold for 162% over asking price! Why? There is sun, room for a garden, wonderful garden planters, and the majestic silent redwoods are all qualities desired in Russian River area. There are some homes that are fixers that are not possible to get a loan for, however while this one was a fixer could was lendable. This livable fixer is raised above flood with decking galore had amazing storage, with two sheds and space below the house. Easy walk to the Monte Rio Beach, to Bartlett's Market, the local restaurants and hotels in Monte Rio.
14509 Memory Ln, Guerneville- $675,000 (Selling Price): 150% Over Asking Price
This romantic, well-loved cottage away from the hustle and bustle of the valley below. This Zen getaway has it all: Vaulted ceilings, beautiful wood accents, knotty pine walls, lovely built ins, and skylights. The back deck is spectacular, private, and special. Majestic redwoods grace the area with flowers and plants on a drip system. Sold furnished and minutes to the Russian River, A short drive to the ocean and all things wine country is why this sold 150% over asking price.
21537 Starrett Hill Dr., Monte Rio- $805,000 (Selling Price): 137% Over Asking Price
Over the past couple of years, Starrett Hill Drive has seen some of the biggest sales prices as a percentage of asking price. This one was no exception. This modern cabin lodestar draws you in. Take comfort in the primary suite with private sitting room, generous and vaulted ceiling home office has duality that easily accommodates guests. Breathtaking redwood forested views come into eyeshot from all the living spaces selling 137% Over Asking Price.
21970 Moscow Rd, Monte Rio- $1,427,000 (Selling Price) : 130% Over Asking Price
This had to be one of my favorite homes from last year on the Russian River. Perched on an epic setting along the Russian River, the Rock House punctuates its site with mind blowing exhilaration at first sighting of the 180 degree views of the river upon entry. The mid-century aesthetic with a serene interior of two bedrooms and two baths, with most furniture/furnishings included for a turn-key set up. This home sold with a pergola, bocce ball court, sitting vignettes, and stairs down to the river at 130% over asking price.
21903 Russian River Ave, Monte Rio- $612,500 (Selling Price): 128% Over Asking Price
Even though this home is an area prone to flooding, it is a popular area which has a vibrant community. This mid-century cabin's great room includes a kitchen with original features, clever ceiling detailing, skylights, and a stacked stone fireplace. A romantic fully fenced yard with two surveyed lots creates a private, park-like setting with a picnic area, flowering plants, and a majestic redwood fairy ring. This home is two blocks to Patterson Point Preserve, easy access to Russian River, the ocean, gourmet food, and other Russian River amenities.
19543 Redwood Dr, Monte Rio- $1,307,100 (Selling Price): 124% Over Asking Price
Mid Century seems to be a theme in many Russian River homes and this is no different. Tall windows and high beamed ceilings create the perfect transition for an indoor-outdoor living style. Open floor plan allows for river and golf course views from every room. Rear deck overlooks the river and front decks face the golf course giving you the best of both worlds. This home sold for 124% over asking price.
21762 Moscow Rd, Monte Rio- $740,000 (Selling Price): 124% Over Asking
I drove past this home the other week, and even though the owners paid 24% over asking price and it was already a turnkey property, it hasn't stopped them from tearing the house apart as they undertake a major remodel as well as replacing the deck. The interior of this special home is beautifully remodeled and offers modern-day country flair and bohemian touches. Walls of glass overlook the cathedral-like valley of trees. Two lots side-by-side, total .45` acres with an additional riverfront lot is also included. Sellers received 124% over asking price.
15975 Coleman Valley Rd, Occidental- $909,000 (Selling Price): 121% Over Asking Price
If you ask anyone who cycles around Occidental which is their favorite road, they will almost always say Coleman Valley Road which runs from Occidental out to the coast. This home is minutes from Occidental and located on one of the most scenic stretches of Coleman Valley Road. 3 bedroom, 2 bathroom home has recent improvements. Suitable for weekend get-aways, vacation rental or year round living. The land features open meadow, towering redwoods, majestic oaks, abundant fruit trees and unobstructed views to Saint Helena. This home went for 121% over asking price.
21573 Highland Ter, Monte Rio- $700,000 (Selling Price): 116% Over Asking Price
This craftsman style home had Russian River views. It is a double lot property presents 3bed 1bath. Incredible floor plan with bamboo flooring, bright kitchen with stainless steel appliances, skylights and a pantry. Plenty of windows with stained glass artistry overlooking the incredible views and forest- plenty of reason why it went 116% over asking price.
17288 Taylor Ln, Occidental- $1,278,000 (Selling Price): 116% Over Asking Price
This secluded Occidental retreat situated on approximately 22.34 lush acres and surrounded by premier vineyards and vistas. The main residence is flanked by towering redwoods and surrounded by ferns, bay and oak trees. Featuring three bedrooms and two full baths all on a single level with stunning valley views from the dining and living rooms along with the master bedroom. Idyllic location within minutes to the coast & downtown Sebastopol went for 116% over asking price.
Sign in with your email address
Enter your email address
