A Serene Investment Opportunity: 21342 Highway 116, Monte Rio, CA

by Milli Cannata

Nestled in the heart of Monte Rio, California, at 21342 Highway 116, lies a unique real estate gem that promises both tranquility and lucrative potential. Listed at $670,000, this property offers an enticing blend of modern living and natural serenity. Whether you're looking for a family home with extra space or a profitable investment opportunity, this property ticks all the right boxes.

One of the standout features of this listing is its zoning for vacation rental permitting. This opens up a myriad of possibilities for those interested in the booming short-term rental market. Imagine owning a property where you can generate income while enjoying the beautiful surroundings of Sonoma County.

The main residence has been freshly renovated, providing a contemporary yet cozy living space. Additionally, there's a separate Granny Unit estimated at 280 sq ft. This unit is perfect for multi-generational living or as an additional income source. According to the Sonoma County Housing Authority, HUD/Section 8 may contribute $1,611 per month for a studio setup and $2,400-$2,800 per month for a two-bedroom configuration. This makes it an attractive option for investors seeking steady rental income.

Versatility is another key attribute of this property. Beneath the home lies a large workshop space that can accommodate projects of all sizes. Whether you're an artist, craftsman, or hobbyist, this creative space offers endless possibilities.

Located outside the flood zone and nestled in a serene environment yet close to conveniences, this property combines elegance and functionality seamlessly. It's not just a home; it's an investment in your future.

In summary, 21342 Highway 116 in Monte Rio offers an exceptional blend of modern amenities and natural beauty. With its vacation rental permitting and potential for significant rental income, it's a lucrative find for homeowners and investors alike. Don't miss out on the opportunity to own your dreams in beautiful Sonoma County!

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Milli Cannata

Broker Associate | Lic# DRE# 01990936

+1(707) 477-7839

6790 McKinley Street # 120, Sebastopol, CA, 95472

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