1023 Michigan Drive, Santa Rosa, CA 95405, Santa Rosa, 95405 - 3 bed, 2 bath
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1023 Michigan Drive
Santa Rosa, CA 95405
ACTIVE
CONDITION: POOR
3Beds
2Baths
1,236Sq Ft
5,998Lot Size
Property Price
LIST PRICE$580,000
EST. MARKET VALUE
$589,752
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $580,000—positioned well below the $589,753 Fair Market Value by 1.6%. This valuation gap offers $9,753 in Instant Equity for buyers. Featuring a Fair Condition Rating (5/10), the home requires a full rehab to modernize its 1956 original systems. Located near top-rated schools like Yulupa Elementary, this is a value-add asset ideal for Fix-and-Flip Investors or Contractors seeking to build sweat equity.
Estimated Market Value
$589,752
Based on Realkey algorithm analyzing recent comparable sales in Santa Rosa.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1023 Michigan Drive Subject 3 bd · 2 ba · 1,236 sqft · $477 | $580,000* List Price | 3 | 2 | 1,236 | $477 | - |
A 1102 Michigan Drive Sold 3 bd · 2 ba · 1,180 sqft · $492 · 0.0 mi | $580,000 | 3 | 2 | 1,180 | $492 | 0.0 mi |
B 2820 Village Side Drive Sold 3 bd · 1 ba · 1,373 sqft · $501 · 0.9 mi | $687,500 | 3 | 1 | 1,373 | $501 | 0.9 mi |
C 3828 Little Rock Avenue Sold 3 bd · 2 ba · 1,232 sqft · $524 · 0.9 mi | $645,000 | 3 | 2 | 1,232 | $524 | 0.9 mi |
D 3469 Idaho Drive Sold 3 bd · 1 ba · 1,020 sqft · $588 · 0.3 mi | $600,000 | 3 | 1 | 1,020 | $588 | 0.3 mi |
E 1103 Michigan Drive Sold 3 bd · 2 ba · 1,528 sqft · $461 · 0.0 mi | $705,000 | 3 | 2 | 1,528 | $461 | 0.0 mi |
F 2167 Alejandro Drive Sold 3 bd · 2 ba · 1,590 sqft · $456 · 0.9 mi | $725,000 | 3 | 2 | 1,590 | $456 | 0.9 mi |
G 3469 Idaho Drive Active Under Contract 3 bd · 1 ba · 1,020 sqft · $583 · 0.3 mi | $595,000 List Price | 3 | 1 | 1,020 | $583 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1956 and held by a single owner, the home appears largely original with dated wood paneling, old carpeting, and 1970s-era linoleum. The exterior shows significant driveway cracking and the listing explicitly mentions the need for TLC, indicating that major systems, kitchen, and baths likely exceed the 30-50 year renovation threshold and require a full rehab.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location
Situated in a highly sought-after Santa Rosa neighborhood with proximity to top-rated schools like Yulupa Elementary, ensuring strong long-term desirability.
- Original Character
The home features original hardwood floors preserved under the carpeting and has been maintained by a single owner, offering a solid foundation for restoration.
- Investment Potential
Priced competitively for the 95405 zip code, this property presents an excellent opportunity for buyers to build significant sweat equity through cosmetic renovations.
CONSRISKS & DEFICIENCIES
- Deferred Maintenance
The property is noted as needing 'TLC' and personal touches, indicating that immediate capital investment will be required for modernizing and repairs.
- Limited Bathroom Count
With only one full bath and one half bath for a three-bedroom home, the layout may be a drawback for modern families seeking more functional amenities.
About 1023 Michigan Drive
Welcome to 1023 Michigan Drive! It is a three bedroom and one and a half baths. This home has so much charm in a sought after neighborhood. It's only had one owner. It just needs some TLC and your personal touches. Underneath the carpets is original hardwood.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1956
- Lot Size
- 5,998 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Santa Rosa Unified Schools
Strawberry Elementary School
Grades 4-6 • 0.8 mi
7/10
Yulupa Elementary School
Grades K-3 • 1.2 mi
8/10
Brook Hill Elementary School
Grades K-6 • 1.6 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.3 |
| Square foot | 1,236 | 1,678.111 |
| Lot Size | 5,998 | 7,642.197 |
| Price | $580.0K | $773.8K |
| Price per sq ft | $469 | $489 |
| Built year | 1956 | 1984 |
| HOA | $0 | $133 |
| Days on market | 39 | 47 |
Pricing History
Listed for Sale
Sep 15, 2026
$580,000
Initial Listing