
Petaluma, CA 94952
This Turnkey Single Family Residence is a Prime Investment Opportunity, listed at $688,000—positioned well below the $708,823 Fair Market Value by 2%. This valuation gap offers $20,823 in Instant Equity for the buyer. Featuring a Good Condition Rating, the home includes a Granite Kitchen, sophisticated flooring, and a private patio. Its versatile layout, including a rare downstairs bedroom, provides exceptional utility. This property is an ideal acquisition for Owner-Occupants seeking a move-in ready lifestyle or first-time buyers prioritizing location near downtown Petaluma.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1014 Addison Circle Subject 3 bd · 3 ba · 1,220 sqft · $581 | $688,000* List Price | 3 | 3 | 1,220 | $581 | - |
A 1189 Brighton View Circle Active 3 bd · 3 ba · 1,220 sqft · $643 · 0.1 mi | $785,000 List Price | 3 | 3 | 1,220 | $643 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1999 (25 years old), the property is exceptionally well-maintained and move-in ready, aligning with the 'Good' criteria despite its age. It features recent updates including fresh carpeting and sophisticated main-level flooring. The kitchen is functional with granite countertops and stainless steel appliances, and the systems like the water heater appear to be in good working order, though the cabinetry and bathroom tiling reflect the original construction style.
Situated on a highly coveted, private corner lot within McNear Landing, this property offers superior privacy and curb appeal compared to standard interior units.
The layout features a rare downstairs bedroom and full bath plus two upstairs en-suites, providing excellent flexibility for guests, multi-generational living, or a home office.
The home is move-in ready with modern updates including granite countertops, sophisticated flooring, and fresh carpeting, minimizing immediate post-purchase expenses for the buyer.
With only 1,220 square feet to accommodate three bedrooms and three bathrooms, the individual living areas and bedrooms may feel compact.
The 3,223 square foot lot is relatively small for a single-family residence, which limits outdoor recreational space and potential for future structural expansions.
Welcome to the ultimate "unicorn" property of McNear Landing! Nestled on a highly coveted, private corner lot, this beautiful 3-bedroom, 3-bathroom home is move-in ready and hard to forget! The low-maintenance yard makes way to the covered sitting porch. Just inside the 1,220+/- SqFt home you'll marvel at the sophisticated flooring running throughout the main level and flexible living spaces. Enjoy the open living room and dining space, basking in natural light from oversized windows. The kitchen offers plenty of cabinet space, granite countertops, and a view via bartop seating into the gathering areas. French doors open to the downstairs bedroom, complete with deep closet. A rare two-car garage with shelving space, wide driveway, and full bath complete the level. Freshly carpeted stairs take you to two en-suite bedrooms. One offers a cozier footprint with private bathroom, while the other opens with French doors, provides a sunny reading nook, elevated ceilings, larger closet, and a double-sink vanity. The backyard is a terrific spot for quiet morning coffees or comfortable outdoor gatherings with foliage-covered privacy fence, spacious sitting patio, and bark-landscaped area basking in the shade of the fruit trees. This desired neighborhood comes complete with a proximity to vibrant downtown Petaluma, scenic Petaluma River pathways, and McNear Landing Park, as well as great commute options and nearby public transportation. Do not miss this rare opportunity to own the finest lot in the neighborhood!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.4 |
| Baths | 3.0 | 2.5 |
| Square foot | 1,220 | 1,792.34 |
| Lot Size | 3,223 | 6,300.582 |
| Price | $688.0K | $939.8K |
| Price per sq ft | $564 | $548 |
| Built year | 1999 | 1974 |
| HOA | $71 | $134 |
| Days on market | 23 | 35 |
Oct 1, 2026
$688,000
Initial Listing