149 Jeffrey Drive, Petaluma, CA 94954, Petaluma, 94954 - 3 bed, 1 bath
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Petaluma, CA 94954
This Single-Family Residence represents a Strong Value Opportunity, listed at $659,000—positioned well below the $623,709 Fair Market Value by -5%. While the property is priced slightly above the current estimation, its status as the lowest-priced detached home in Petaluma provides a rare entry-level foothold. Featuring a Fair Condition Rating and a generous 6,000 sqft lot, the home offers significant potential for modernization. Its prime location near Lucchesi Park and local amenities makes this an ideal acquisition for first-time buyers or value-add investors seeking long-term growth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 149 Jeffrey Drive Subject | $659,000* List Price | 3 | 1 | 958 | $651 | - |
A 11 Montclair Court Sold | $715,000 | 3 | 2 | 1,025 | $698 | 0.5 mi |
B 416 Cortez Drive Sold | $525,000 | 3 | 1 | 966 | $543 | 0.4 mi |
C 228 S Mcdowell Boulevard Sold | $625,000 | 3 | 1 | 966 | $647 | 0.2 mi |
D 1321 Mcneil Avenue Active | $618,000 List Price | 3 | 1 | 1,030 | $600 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1959 and hitting the market for the first time in 40 years, the property is well-maintained but significantly dated. While the bathroom shows some mid-range updates (granite-look counters) and the bedroom has newer laminate flooring, the overall aesthetic and systems likely exceed 20 years in age, requiring modernization to meet current market standards.
As the lowest-priced detached single-family home currently available in Petaluma, this property represents a rare entry-level opportunity for buyers or investors in a high-demand area.
The home is ideally situated near Lucchesi Park, the community center, and Petaluma Plaza Shopping Center, offering residents easy access to recreation, farmers markets, and dining.
The property is free from Homeowners Association dues and regulations, providing owners with greater financial flexibility and the freedom to personalize the home and 6,000 sqft lot.
With only 958 square feet of living space and a single bathroom, the interior layout may feel restrictive for growing families or those accustomed to modern master suites.
Being on the market for the first time in over 40 years, the home likely requires significant cosmetic and functional updates to meet contemporary aesthetic and efficiency standards.
Nestled in Petaluma's established Novak neighborhood on the east side of town, this charming single-level home is hitting the market for the first time in over 40 years. Lovingly maintained over the decades, the property offers an excellent opportunity for buyers looking to personalize their new home while enjoying the benefits of thoughtful ownership and care throughout the years. Currently the lowest-priced detached single-family home available in Petaluma, this property presents an increasingly rare opportunity to own a home without the burden of HOA dues or restrictions. The home features 3 bedrooms, 1 bathroom, approximately 958 square feet of living space, and sits on a generous 6,000 square foot lot with mature trees creating a peaceful backyard setting. The home features 3 bedrooms, 1 bathroom, approximately 958 square feet of living space, and sits on a generous 6,000 square foot lot with mature trees creating a peaceful backyard setting. The location is one of the true highlights of the property, with close proximity to Lucchesi Park, the nearby community center and weekly farmers market, along with convenient access to Petaluma Plaza Shopping Center, home to grocery shopping, everyday conveniences, and several newer restaurants that have quickly become local favorites. Whether you're looking for your first home, downsizing, or simply hoping to put down roots in an established east Petaluma neighborhood, 149 Jeffrey Drive offers warmth, opportunity, and an ideal location to make your own.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 5% |
| Square foot | 958 | 1,670 | 4% |
| Lot Size | 5,998 | 6,060 | 47% |
| Price | $659.0K | $800.0K | 23% |
| Price per sq ft | $688 | $481 | 91% |
| Built year | 1959 | 1975 | 19% |
| HOA | $0 | $0 | 50% |
| Days on market | 29 | 162 | 2% |
May 18, 2026
$659,000
Initial Listing