
Petaluma, CA 94952
This Move-In Ready Riverfront Home is a Strong Value Opportunity, listed at $945,000—positioned well below the $1,004,248 Fair Market Value by 5%. This valuation gap offers $59,248 in Instant Equity for the buyer. Featuring panoramic river and mountain views, a functional 1,837 sq ft layout, and dual-zoned A/C, the property maintains a Fair Condition Rating. It offers a rare lifestyle in McNear Landing, making it an ideal acquisition for Owner-Occupants or first-time buyers seeking a unique, high-potential residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1073 Warren Drive Subject | $945,000* List Price | 4 | 3 | 1,837 | $547 | - |
A 143 Mcnear Circle Pending | $795,000 List Price | 3 | 3 | 1,220 | $652 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1999, the property is approximately 25-27 years old, placing it in the Fair category based on age. While the description notes it is move-in ready with fresh paint and functional systems like dual-zoned A/C, the kitchen and bathrooms likely retain original dated finishes from the late 90s that will eventually require updating.
Situated on a secluded dead-end street in West Petaluma, this property offers a unique and highly sought-after riverfront setting that is exceptionally rare for the area.
The home features stunning, unobstructed views of the Petaluma River, River Park, and Sonoma Mountain, providing a picturesque backdrop from the porch and primary living spaces.
Built in 1999, the move-in-ready interior boasts a practical layout with dual-zoned central A/C, an open kitchen, and an efficient upper-level laundry room serving all four bedrooms.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1837, other record living area = 1670. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
With a lot size of 3,311 square feet, the outdoor space is relatively compact, which may be a drawback for buyers seeking a large private yard or significant gardening area.
Located within the McNear Landing development, the property is subject to an association fee and closer proximity to neighbors, which may not appeal to those desiring total seclusion.
A West Petaluma riverfront home is one of the rarest finds. This 4-bedroom, 2.5-bath home sits along the Petaluma River, on a secluded, quiet, dead-end street in McNear Landing. A home with this combination of location, setting, and community rarely comes to market. Welcome to Riversedge. The views do the talking. From the long covered front porch and the upstairs bedrooms, you're looking out over the Petaluma River, the Petaluma River Park and out towards Sonoma Mountain. It's a panorama that works at every hour of the day. Inside, the 1,837 sq ft layout is clean and functional. The main level features an open kitchen, wood and tile floors, a gas fireplace, freshly painted interior, and built-in shelving. All four bedrooms are upstairs, along with the laundry room, making the layout efficient and practical. Pitched ceilings give each bedroom an airy feel. The primary suite includes a dual sink vanity, shower, bathtub and generously sized walk-in closet. Outside, a private stone grotto, a covered porch and multiple seating areas provide a natural spot for morning coffee, evening unwinding, or enjoying the fruit of the apple and Meyer lemon trees. Dual zoned central A/C throughout. Two-car garage. Built 1999, move-in ready. McNear Landing includes a community park and playground, and the location earns its commuter credentials: easy Highway 101 access and minutes to downtown Petaluma's dining, theater, and shops. River frontage. Dead-end privacy. Community amenities. This address checks boxes that are genuinely hard to replicate anywhere in Petaluma.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 1,837 | - |
| Lot Size | 3,311 | - |
| Price | $945.0K | $978.8K |
| Price per sq ft | $514 | $525 |
| Built year | 1999 | 0 |
| HOA | $71 | $0 |
| Days on market | 5 | 38 |
Jul 17, 2026
$945,000
Initial Listing
Aug 21, 2017
$655,000
Public Record
May 24, 2012
$459,000
Public Record