
Petaluma, CA 94952
This Turnkey Residential Property is a Strong Value Opportunity, listed at $710,000—positioned slightly above the $692,426 Fair Market Value. While the price reflects a premium, the home maintains a Condition Rating of 4, offering a move-in ready experience with refreshed paint, new fixtures, and an EV-ready garage. Located in the scenic McNear Landing community, it provides a lifestyle-focused layout with a private deck and versatile loft. This is an ideal acquisition for first-time buyers or owner-occupants seeking a low-maintenance, riverfront sanctuary near the SMART train.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1028 Addison Circle Subject | $710,000* List Price | 3 | 3 | 1,232 | $562 | - |
A 143 Mcnear Circle Sold | $760,000 | 3 | 3 | 1,220 | $623 | 0.1 mi |
B 100 Mcnear Circle Sold | $715,000 | 3 | 3 | 1,232 | $580 | 0.0 mi |
C 244 Mcnear Circle Sold | $800,000 | 3 | 3 | 1,220 | $656 | 0.1 mi |
D 232 Mcnear Circle Sold | $695,000 | 2 | 3 | 1,232 | $564 | 0.1 mi |
E 2083 Easton Drive Pending | $785,000 List Price | 3 | 3 | 1,232 | $637 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1999, this 25-year-old property is well-maintained and move-in ready, but the bathrooms and fixtures appear original to the construction date. While the home has received cosmetic 'refreshes' such as paint and carpet, it lacks the major kitchen/bath renovations required to move it into the 'good' or 'excellent' categories based on its age.
The property has been meticulously refreshed with new interior paint, shampooed carpets, updated light fixtures, and professional landscaping, offering a turnkey experience for immediate occupancy.
Situated in the desirable McNear Landing community, the home provides excellent lifestyle appeal with proximity to the Petaluma River, scenic walking paths, and the SMART train station for easy commuting.
The home features high-demand modern conveniences, including an attached garage with an EV charger, a versatile loft space, and a notably low monthly HOA fee of $71.
While tax records list the home as a three-bedroom, it is currently configured as two bedrooms plus an open loft, which may require additional construction for buyers needing a true third private bedroom.
At 1,232 square feet on a 1,773 square foot lot, the property offers limited interior volume and minimal outdoor yard space compared to traditional single-family residences in the area.
Welcome to 1028 Addison Circle, your charming retreat in Petaluma's Riverfront community, McNear Landing. This freshly refreshed home features 2 bedrooms plus an open loft/flex space, and 2.5 baths across 1,232 sq. ft. of light-filled living designed for comfort and ease (listed in tax records as three bedrooms). Truly move-in ready, the home has been completely cleaned and thoughtfully updated with touched-up interior paint, shampooed carpets, refreshed landscaping and yard spaces, and stylish new light fixtures that enhance the home's warm, inviting feel. The open-concept main level offers a welcoming living area with access to a private deck perfect for morning coffee or evening unwinding. Upstairs, the primary suite includes a generous walk-in closet, while the additional bedroom, versatile loft (potential third bedroom), and sunny balcony provide flexibility for guests, a home office, or additional living space. Additional conveniences include an upstairs in-unit washer and dryer, an attached garage with EV charger, and effortless access to the community park and scenic walking paths overlooking the Petaluma River. Enjoy nearby trails and parks, convenient downtown shopping and dining, and easy commuting with the SMART Train station located less than 1.5 miles away. Move right in and enjoy the best of Riverfront living!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,232 | 1,946.5 | 18% |
| Lot Size | 1,773 | 6,786.67 | 5% |
| Price | $710.0K | $1.10M | 18% |
| Price per sq ft | $576 | $561 | 54% |
| Built year | 1999 | 1983 | 68% |
| HOA | $71 | $0 | 71% |
| Days on market | 72 | 199 | 2% |
May 9, 2026
$710,000
$715,000
-1% Price Drop
Initial Listing
Mar 26, 2026
$715,000
Initial Listing
Feb 20, 2024
$690,000
Public Record