




21541 Highland Terrace, Monte Rio, CA, 95462
About This Home
Welcome to "Fernwood", where a beautifully renovated 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.
Getting Around
Schools
Construction
Condition
- Year built: 1956
Materials
- Foundation: Concrete Perimeter
- Roof: Metal
Type & Style
- Home type: SingleFamily
- Architectural style: Cottage
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Electric Water Heater,Free-Standing Electric Oven,Free-Standing Electric Range,Free-Standing Refrigerator
- Laundry features: None
Basement
- Basement: None
Bathroom
- Features: Tub w/Shower Over,Window
- Level: Main
Bedroom
- Level: Main
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Features
- Number of fireplaces: 1
- Fireplace features: Electric
- Fireplace: Yes
Heating & Cooling
- Heating features: Heat Pump
- Cooling features: Heat Pump
Interior Area
- Total structure area: 720
- Total interior livable area: 720 sqft
Kitchen
- Level: Main
Living Room
- Features: Open Beam Ceiling,Skylight(s)
- Level: Main
Master Bedroom
- Features: Closet,Sitting Area
- Level: Main
Property
Details
- Parcel number: 095111013000
- Special condition: Standard
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
- Has view: Yes
- View description: Trees/Woods
Lot
- Lot size: 7,000 sqft
- Features: Private
Parking
- Total spaces: 4
- Parking features: Uncovered Parking Spaces 2+
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Inland Flooding
- Landslide
- Earthquake
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters in Sonoma County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,518 | $30,216 |
| Home Insurance * | $227 | $2,724 |
| Property Taxes | $269 | $3,228 |
| Electricity | $398 | $4,786 |
| Total | $3,412 | $40,944 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-18 | Listed for sale | $498,000 |
| 2023-12-29 | Sold | $335,000 |
| 2023-11-30 | Pending sale | $359,000 |
| 2023-11-11 | Contingent | $359,000 |
| 2023-10-23 | Listed for sale | $359,000 |
| 1999-04-26 | Sold | $45,818 |
