
Petaluma, CA 94954
This Spacious Tri-Level Value-Add Residence is listed at $830,000, representing a stable entry point into the competitive Petaluma market. Holding a Condition Rating of 4, the home is move-in ready but retains original 1973 finishes, providing a clear path for forced appreciation through modernization. While the $793,211 Fair Market Value reflects its current dated condition, the 2,128-square-foot layout and private patio offer substantial upside compared to recent local sales. This property is a strategic acquisition for Owner-Occupants looking to build wealth or first-time buyers seeking a high-square-footage lifestyle asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1569 Trellis Lane Subject | $830,000* List Price | 4 | 3 | 2,128 | $373 | - |
A 1313 Berrydale Drive Sold | $860,000 | 4 | 2 | 1,785 | $482 | 0.5 mi |
B 1636 Sarkesian Drive Sold | $855,000 | 4 | 3 | 2,159 | $396 | 0.7 mi |
C 1609 San Marino Drive Sold | $925,000 | 4 | 3 | 2,148 | $431 | 0.2 mi |
D 831 Wood Lane Sold | $885,000 | 4 | 3 | 2,104 | $421 | 0.7 mi |
E 1312 Glenwood Drive Sold | $785,000 | 4 | 2 | 1,785 | $440 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is well-maintained and clean with attractive hardwood flooring throughout the main living areas, making it move-in ready. However, it retains many original or dated features from its 1973 construction, including an outdated kitchen with oak cabinets and tile countertops, older appliances, and mid-century styling that requires modernization to meet current market standards.
With 4 bedrooms and over 2,100 square feet of living area, this home provides ample space for large families or those requiring dedicated home office environments.
The property is situated in a highly desirable and convenient Petaluma neighborhood, offering easy access to local schools, parks, shopping, and dining.
Priced competitively, this residence offers a significant opportunity for buyers to build immediate sweat equity by implementing modern upgrades and personal stylistic enhancements.
As a 1973 original, the home likely requires a substantial investment in renovations to update its aesthetic and functional components to modern standards.
The tri-level architectural design involves multiple sets of stairs, which may be a drawback for buyers seeking accessibility or a more open, single-level floor plan.
Classic tri-level home in a great neighborhood. This is a big home at a great price. Plenty of opportunity to build equity as you enhance it with your style and upgrades. Super-convenient location with nearby schools, parks, shopping, dining and more.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 2.0 | 54% |
| Square foot | 2,128 | 1,754 | 75% |
| Lot Size | 6,199 | 6,199 | 50% |
| Price | $830.0K | $795.0K | 59% |
| Price per sq ft | $390 | $459 | 21% |
| Built year | 1973 | 1975 | 46% |
| HOA | $0 | $0 | 50% |
| Days on market | 21 | 197 | 1% |
Apr 1, 2026
$830,000
Initial Listing