1008 Santa Clara Lane, Petaluma, CA 94954, Petaluma, 94954 - 4 bed, 3 bath
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1008 Santa Clara Lane
Petaluma, CA 94954
ACTIVE
CONDITION: FAIR
4Beds
3Baths
2,159Sq Ft
8,124Lot Size
Property Price
LIST PRICE$779,000
EST. MARKET VALUE
$818,099
4% BelowMARKET VALUE
SUMMARY
This property presents a Strong Value Opportunity with a List Price of $779,000—positioned well below the $818,099 Fair Market Value by 4%. This valuation gap offers $39,099 in Instant Equity for buyers. Featuring a 4-bedroom, 3-bathroom layout with a Fair Condition Rating, the home includes a spacious 8,125 sq ft corner lot and a private patio. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, value-add asset in a quiet Petaluma neighborhood.
Estimated Market Value
$818,099+$39,099 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Petaluma.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1008 Santa Clara Lane Subject | $779,000* List Price | 4 | 3 | 2,159 | $379 | - |
A 1059 Santa Clara Lane Sold | $800,000 | 4 | 3 | 2,148 | $372 | 0.1 mi |
B 1569 Trellis Lane Sold | $830,000 | 4 | 3 | 2,128 | $390 | 0.6 mi |
C 1097 Crinella Drive Sold | $710,000 | 4 | 2 | 1,633 | $435 | 0.7 mi |
D 813 Saint Francis Dr Sold | $625,000 | 4 | 2 | 1,400 | $446 | 0.5 mi |
E 916 Saint Francis Drive Active | $799,000 List Price | 4 | 3 | 1,924 | $415 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1973, the property features recent cosmetic improvements like fresh paint and new LVP flooring/carpet. However, the kitchen and bathrooms remain significantly dated with older cabinetry, countertops, and popcorn ceilings, requiring modernization to meet current standards.
PROSSTRENGTHS & OPPORTUNITIES
- Versatile Floor Plan
The home features a desirable downstairs bedroom and full bathroom, providing an ideal setup for multigenerational living, guests, or a private home office.
- Expansive Corner Lot
Situated on a generous 8,125 sq ft corner lot, the property offers significant outdoor space complete with a charming gazebo and a tranquil pond.
- Immediate Move-In Potential
Recent updates including fresh interior paint, new carpeting, and new LVP flooring in the kitchen allow buyers to move in immediately while planning future upgrades.
CONSRISKS & DEFICIENCIES
- Cosmetic Modernization Required
Marketed as an 'opportunity' for the buyer's vision, the home likely requires further investment to modernize original 1970s-era fixtures and finishes.
- Potential Aging Infrastructure
Given the 1973 construction date, the property may have aging systems or components that could require maintenance or replacement in the near future.
About 1008 Santa Clara Lane
Opportunity knocks in this East Petaluma home, tucked into a quiet neighborhood with easy access to Highway 101. Situated on a spacious 8,125 sq ft corner lot complete with a charming gazebo and tranquil pond, this 2,159 sq ft home offers 4 bedrooms and 3 bathrooms, and is waiting for the right buyer's vision. Freshly painted throughout, with new carpet and LVP flooring in the kitchen, this home provides room to add your own cosmetic touches over time. Downstairs, you'll find a bedroom and full bathroom, perfect for guests, multigenerational living, or a home office. While upstairs, 3 spacious bedrooms and additional 2 bathrooms offer comfortable separation for the rest of the household. Add in the convenience of indoor laundry, and you've got a home that's ready to grow with you. Don't miss this rare opportunity, come see what's possible!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1973
- Lot Size
- 8,124 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.3 |
| Baths | 3.0 | 2.7 |
| Square foot | 2,159 | 1,819.93 |
| Lot Size | 8,124 | 6,258.866 |
| Price | $779.0K | $911.4K |
| Price per sq ft | $361 | $555 |
| Built year | 1973 | 1974 |
| HOA | $0 | $127 |
| Days on market | 1 | 36 |
Pricing History
Listed for Sale
Sep 8, 2026
$779,000
Initial Listing
Sold
Oct 20, 1994
$210,000
Public Record