
Petaluma, CA 94952
This 4-bedroom Single Family Residence represents a Prime Investment Opportunity, listed at $875,000—positioned well below the $898,002 Fair Market Value by 2%. This valuation gap provides $23,002 in Instant Equity. While the home maintains a Condition Rating of 4, recent interior refreshes offer a clean slate, though the dated bathrooms provide a clear path for value-add modernization. Located adjacent to a neighborhood park, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a well-located, high-potential asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1008 Samuel Drive Subject | $875,000* List Price | 4 | 3 | 1,916 | $469 | - |
A 411 Cherry Street Sold | $905,000 | 4 | 3 | 1,736 | $521 | 0.6 mi |
B 809 Gilardi Drive Pending | $950,000 List Price | 4 | 2 | 1,763 | $539 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Originally built in 1968, the home has received recent cosmetic 'refreshes' including new paint, carpet, and flooring, along with updated heating ducts. However, the bathrooms remain significantly dated with vintage maroon fixtures and tiled countertops likely exceeding 30 years in age, requiring modernization to meet current standards.
Situated on a quiet street adjacent to a neighborhood park and playground, this home offers exceptional proximity to downtown Petaluma, top-rated schools, and the SMART train.
Recent interior refreshments including new carpet, fresh paint, and updated heating ducts provide a clean slate for buyers and reduce immediate maintenance needs.
The property features a spacious 7,000 sqft lot with a rear deck and a private primary suite balcony, ideal for indoor-outdoor living and gardening.
Built in 1968, the home may still require updates to original systems or windows not covered by the recent cosmetic refreshments.
While the 'heavy lifting' of paint and carpet is complete, the kitchen and bathrooms may still require modern upgrades to meet contemporary luxury standards.
Tucked into the gentle curve of Samuel Drive, this 4-bedroom, 2.5-bath home is set on the last lot of the original 1968 Kazen Subdivision, right next to a peaceful neighborhood park and nearby playground. The majority of the heavy lifting has already been done to refresh its interior. With newly updated carpet and paint, it is ready for its next chapter. This home lives well both inside and out. The rear deck off the kitchen creates a lovely spot for morning coffee and weekend dinners. Upstairs, the primary suite opens to its own private balcony, a peaceful perch for a quiet moment to start or end the day. The spacious lot offers room to garden, play, or connect with your neighbors on their daily walks. Set just a few blocks from Mary Collins at Cherry Valley Charter School, this is a place to set down roots and make lifelong friends. With easy access to parks, shopping, Petaluma's downtown hub of restaurants, street festivals, breweries, and wineries, along with the SMART Train and 101, there's a lot to appreciate about this incredible location.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 63% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,916 | 2,024 | 49% |
| Lot Size | 7,000 | 7,000 | 50% |
| Price | $875.0K | $1.09M | 27% |
| Price per sq ft | $457 | $564 | 27% |
| Built year | 1968 | 1978 | 49% |
| HOA | $0 | $0 | 50% |
| Days on market | 31 | 195 | 2% |
May 14, 2026
$875,000
Initial Listing