
Petaluma, CA 94954
This Value-Add Development Opportunity is listed at $688,888, representing a stable market entry closely aligned with its $659,604 Fair Market Value. While the interior maintains a Condition Rating of 4 with recent cosmetic updates, the core value is driven by the Zoning R2 designation and the expansive 8,400 sq. ft. flat lot. The property includes a private patio, a dedicated office, and offers significant upside through ADU construction or multi-unit development. Located near Casa Grande High School and La Tercera Elementary, this asset is a strategic acquisition for Buy-and-Hold Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1052 Helen Court Subject | $688,888* List Price | 2 | 1 | 923 | $715 | - |
A 416 Cortez Drive Sold | $525,000 | 3 | 1 | 966 | $543 | 1.0 mi |
B 11 Montclair Court Sold | $715,000 | 3 | 2 | 1,025 | $698 | 0.9 mi |
C 1280 Saint Francis Drive Active | $710,000 List Price | 4 | 2 | 1,152 | $616 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1970, the home has received recent cosmetic updates including new laminate flooring and fresh interior paint. However, the kitchen remains dated with painted original cabinetry and older tile countertops, and the overall infrastructure and fixtures reflect the property's age rather than a comprehensive modern renovation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8400, living area = 923.
The property is zoned R2 and situated on a generous 8,400 square foot flat lot, offering significant opportunities for expansion, an ADU, or multi-unit development.
Located in a quiet court, the home provides a safe and private environment while remaining exceptionally close to schools, shopping, and the US Highway 101 corridor.
At just 923 square feet with only two bedrooms and one bathroom, the interior footprint is relatively small and may feel restrictive for larger households.
Built in 1970, the home may require modernization and updates to its original systems and finishes to meet contemporary buyer expectations.
Zoned R2. Sweet single level two bedroom, one bath home. Office with slider off the two car garage and a wood burning fireplace in the living room. Situated in a court on a generous flat lot with spacious yards. Close to schools, shopping, transportation, airport, golf course and the US Highway 101 corridor.
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades 7-8 • 2.9 mi
Grades 9-12 • 0.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 4.0 | 1% |
| Baths | 1.0 | 2.0 | 4% |
| Square foot | 923 | 1,752 | 1% |
| Lot Size | 8,400 | 6,199 | 86% |
| Price | $688.9K | $790.0K | 28% |
| Price per sq ft | $746 | $464 | 97% |
| Built year | 1970 | 1975 | 39% |
| HOA | $0 | $0 | 50% |
| Days on market | 12 | 197 | 1% |
Apr 10, 2026
$688,888
Initial Listing