1309 D Street Extension Street, Petaluma, CA 94952, Petaluma, 94952 - 1 bed, 1 bath
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Petaluma, CA 94952
This Value-Add Residential Cottage is listed at $599,000, positioned near its $582,197 Fair Market Value following strategic price adjustments. The property’s primary value lies in its expansive 7,048 sqft lot, offering significant potential for expansion or ADU development. While maintaining a Condition Rating of 4 due to an outdated interior, the home benefits from Key Infrastructure Updates including a newer roof, gutters, and sewer lateral. Featuring a private backyard and an enclosed patio, this asset is a high-utilization opportunity in a prime Petaluma location. It is an ideal project for Fix-and-Flip Investors or Contractors.
Property is moderate renovation needed.
Built in 1957, the property is aged but functional, benefiting from essential structural updates like a newer roof, gutters, and sewer lateral. However, the interior is significantly outdated, featuring a basic kitchen with older oak cabinets, worn carpeting, dated light fixtures, and an old-fashioned wall heating unit, all of which require modernization to meet current market standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7048, living area = 637.
The property features several high-value recent upgrades, including a newer roof, gutters, sewer lateral, and driveway retaining wall, significantly reducing immediate capital expenditure for the buyer.
Situated on a generous 7,048 sqft lot with mature landscaping, the property offers a rare level of privacy and significant potential for future expansion or ADU development.
With only 637 square feet of living space and a single bedroom, the home's small footprint may limit its appeal to a narrow segment of the buyer market.
The substantial price reductions from an initial $740,000 down to $599,000 suggest previous overvaluation or challenges in finding a buyer at higher price points.
Great Location! This Super Sweet Small House with a large private backyard has loads of potential. Efficient kitchen, a spacious living room and bedroom. Newer Roof, gutters, sewer lateral, driveway retaining wall, and the exterior siding of the enclosed patio. Privacy and mature landscaping provide a delightful park like setting.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 3.0 | 1% |
| Baths | 1.0 | 3.0 | 13% |
| Square foot | 637 | 1,845 | 1% |
| Lot Size | 7,048 | 7,000 | 52% |
| Price | $599.0K | $1.05M | 14% |
| Price per sq ft | $940 | $580 | 92% |
| Built year | 1957 | 1965 | 36% |
| HOA | $0 | $0 | 50% |
| Days on market | 71 | 190 | 8% |
Mar 23, 2026
$599,000
$690,000
-13% Price Drop
Initial Listing
Feb 25, 2026
$690,000
$740,000
-7% Price Drop
Initial Listing
Feb 10, 2026
$740,000
Initial Listing