Rare opportunity in the heart of downtown Guerneville! This versatile property features two separate residences on one spacious lot, offering the perfect blend of Russian River charm, flexibility, and investment potential. Each home includes 2 bedrooms, 1 bathroom, a kitchen, and living area, with tasteful remodels completed approximately between 2022-2023. Modern upgrades include mini-split heating and cooling systems and tankless water heaters in both residences. The front home is approximately 780+/- sq ft, while the rear home is approximately 555+/- sq ft (buyer to verify). Both homes are elevated above expansive basement/garage/storage areas and offer private fenced yard spaces and off-street parking. Ideal for multi-generational living, full-time residence with rental income, weekend getaway, or income-producing investment property. Enjoy the laid-back lifestyle of Russian River living, just moments from downtown Guerneville's restaurants, shops, wineries, river access, hiking, and outdoor recreation.