1321 Mcneil Avenue, Petaluma, CA 94954, Petaluma, 94954 - 3 bed, 1 bath
1321 Mcneil Avenue
Petaluma, CA 94954
Property Price
SUMMARY
Analysis of 1321 Mcneil Avenue, Petaluma, CA 94954 reveals a Fairly Priced Property with a current list price of $618,000 aligned with the estimated $618,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Petaluma Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
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 1295 Marian Way Sold | $685,000 | 3 | 1 | 960 | $714 | 0.5 mi |
D 316 Ely Boulevard S Sold | $750,000 | 3 | 2 | 1,395 | $538 | 0.7 mi |
E 859 S Mcdowell Boulevard Sold | $685,000 | 3 | 2 | 1,380 | $496 | 0.9 mi |
F 1613 Lauren Drive Sold | $630,000 | 4 | 2 | 1,144 | $551 | 0.4 mi |
G 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1952, this bungalow is aged but functional, featuring critical infrastructure updates including a new electrical panel (2024) and water heater (2025). However, the kitchen is described as 'ready for your vision,' indicating it is outdated, and the property requires significant cosmetic modernization and potentially a second bathroom to meet modern market standards.
PROSSTRENGTHS & OPPORTUNITIES
- Recent Infrastructure Upgrades
The property features a new electrical panel installed in 2024 and a new water heater in 2025, providing immediate value and reducing near-term maintenance costs.
- Strategic Location
Conveniently situated in East Petaluma near Highway 101, shopping, and dining, this home offers excellent accessibility for commuters and easy access to local amenities.
- Expansion Potential
The generous 6,000-square-foot lot provides significant outdoor space and room for potential additions, landscaping, or an ADU, allowing for future value appreciation.
CONSRISKS & DEFICIENCIES
- Limited Bathroom Count
With three bedrooms but only one bathroom, the layout may be challenging for families or multiple occupants, potentially requiring a future investment to add a second bath.
- Modernization Required
Marketed as 'ready for your vision,' the 1952 bungalow likely requires significant cosmetic and functional updates to the kitchen and living areas to meet modern standards.
About 1321 Mcneil Avenue
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!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1952
- Lot Size
- 5,998 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 46% |
| Baths | 1.0 | 2.0 | 4% |
| Square foot | 1,030 | 1,785 | 6% |
| Lot Size | 5,998 | 6,177 | 39% |
| Price | $618.0K | $830.0K | 9% |
| Price per sq ft | $600 | $476 | 85% |
| Built year | 1952 | 1975 | 6% |
| HOA | $0 | $0 | 50% |
| Days on market | 88 | 169 | 17% |
Pricing History
Listed for Sale
Dec 9, 2025
$618,000
Initial Listing