1565 Parkway Drive, Rohnert Park, CA 94928, Rohnert Park, 94928 - 3 bed, 2 bath
1565 Parkway Drive
Rohnert Park, CA 94928
Property Price
SUMMARY
Analysis of 1565 Parkway Drive, Rohnert Park, CA 94928 is currently available with a list price of $490,000. 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 Rohnert Park 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1984, this property falls into the 'fair' category as it is over 40 years old and lacks a comprehensive modern renovation. While the listing highlights recent minor updates including new carpeting, window treatments, and select appliances (dishwasher and refrigerator), the overall style, cabinetry, and fixtures remain dated. The home appears well-maintained and move-in ready for its age, but it does not meet the 'good' or 'excellent' standards due to the age of the primary systems and lack of a full interior overhaul.
PROSSTRENGTHS & OPPORTUNITIES
- Proximity to Sonoma State University
The property is ideally located within walking or biking distance to Sonoma State University, making it a prime choice for students, faculty, or investors seeking high rental demand.
- Recent Interior Improvements
The home features several recent upgrades, including new carpeting, window treatments, and a new dishwasher and refrigerator, offering a more move-in-ready experience for the buyer.
- Low-Maintenance Lifestyle
With the HOA managing all exterior maintenance and providing access to two community pools and a jacuzzi, the property offers a convenient, resort-style living environment.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Fees
The monthly association fee of $575 is a significant recurring expense that may impact the overall affordability and financing qualifications for some buyers.
- Lack of Private Garage
The property features carport parking rather than a private enclosed garage, which may limit secure storage options and protection for vehicles compared to other residential types.
About 1565 Parkway Drive
Redwood Park Estates. New carpet and window treatments along with dishwasher and refrigerator. Walk or Bicycle ride to Sonoma State University. There is one covered and one uncovered car port. There are two community pools with one community Jacuzzi. Washer an dryer hook ups are located at down stairs bathroom. The home owners association maintains outside of the unit. Ph.Text 916 947 9228
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 1984
- Lot Size
- 1,742 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $575 / Month
Neighborhood Insights
Rohnert Park Unified Schools
Rancho Cotate High School
Grades 9-12 • 0.5 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 52% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,450 | 1,162 | 91% |
| Lot Size | 1,742 | 1,102 | 61% |
| Price | $490.0K | $430.0K | 65% |
| Price per sq ft | $338 | $357 | 26% |
| Built year | 1984 | 1980 | 61% |
| HOA | $575 | $530 | 65% |
| Days on market | 80 | 165 | 13% |
Pricing History
Listed for Sale
Dec 17, 2025
$490,000
Initial Listing