1321 Mcneil Avenue, Petaluma, CA 94954, Petaluma, 94954 - 3 bed, 1 bath
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Petaluma, CA 94954
This Value-Add Mid-Century Bungalow is listed at $618,000, aligning with its $618,000 Fair Market Value. Maintaining a Condition Rating of 4, the home features critical infrastructure updates including a New Electrical Panel (2024) and New Water Heater (2025). The expansive 6,000-Square-Foot Lot offers rare expansion potential in a strategic East Petaluma location near Highway 101 and local amenities. This property provides a stable foundation for those looking to customize a classic space. It is a strategic acquisition for First-Time Buyers or Owner-Occupants seeking to build equity through modernization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1321 Mcneil Avenue Subject | $618,000* List Price | 3 | 1 | 1,030 | $600 | - |
A 416 Cortez Drive Sold | $525,000 | 3 | 1 | 966 | $543 | 0.2 mi |
B 228 S Mcdowell Boulevard Sold | $625,000 | 3 | 1 | 966 | $647 | 0.0 mi |
C 316 Ely Boulevard S Sold | $750,000 | 3 | 2 | 1,395 | $538 | 0.7 mi |
D 637 Saint Francis Drive Sold | $707,000 | 3 | 1 | 960 | $736 | 0.6 mi |
E 813 Saint Francis Dr Sold | $625,000 | 4 | 2 | 1,400 | $446 | 0.8 mi |
F 11 Montclair Court Active Under Contract | $710,000 List Price | 3 | 2 | 1,025 | $693 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is well-maintained and clean, but remains largely in a dated condition consistent with its 1952 build. While it boasts essential infrastructure updates like a new electrical panel (2024) and water heater (2025), the interior features older carpet, a basic kitchen with dated laminate countertops and appliances, and a single bathroom that lacks modern styling. It is functional and move-in ready but requires cosmetic modernization to meet current market standards.
The property features a new electrical panel installed in 2024 and a new water heater from 2025, providing peace of mind regarding essential home systems.
Situated in desirable East Petaluma, the home offers excellent proximity to Highway 101, shopping centers, and local restaurants, making it ideal for commuters.
The generous 6,000-square-foot lot includes a Tuff shed and offers ample space for potential additions, an ADU, or personalized landscaping projects.
With three bedrooms but only one bathroom, the home's layout may be a significant drawback for growing families or those seeking modern convenience.
The property is positioned as a project 'ready for your vision,' suggesting that the interior, particularly the kitchen, requires additional investment for updates and renovations.
Own your piece of East Petaluma's future. Step inside this charming bungalow, where a cozy living room with a wood-burning fireplace and abundant natural light welcomes you. The living room flows seamlessly into a spacious kitchen ready for your vision. Outside, a generous 6,000-square-foot lot offers room to grow, complete with a Tuff shed for storage. The home includes a single-car garage, plus a new electrical panel (2024), and a new water heater (2025). Conveniently located near shopping, restaurants, and Highway 101, this home is ready for you to begin your next chapter!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 47% |
| Baths | 1.0 | 2.0 | 4% |
| Square foot | 1,030 | 1,754 | 6% |
| Lot Size | 5,998 | 6,175 | 40% |
| Price | $618.0K | $785.0K | 22% |
| Price per sq ft | $600 | $459 | 89% |
| Built year | 1952 | 1975 | 9% |
| HOA | $0 | $0 | 50% |
| Days on market | 134 | 196 | 29% |
Dec 9, 2025
$618,000
Initial Listing