16398 La Grama Street, Sonoma, CA 95476, Sonoma, 95476 - 2 bed, 2 bath
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16398 La Grama Street
Sonoma, CA 95476
ACTIVE
CONDITION: POOR
2Beds
2Baths
1,641Sq Ft
15,599Lot Size
Property Price
LIST PRICE$995,000
EST. MARKET VALUE
$812,678
22% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $995,000—positioned well above the $812,678 Fair Market Value by -22%. While the pricing reflects a premium, the 15,599 sqft lot offers significant value-add potential for an ADU or pool. With a Poor Condition Rating (1972 build), the home requires a full renovation to modernize its 2-bedroom layout. Located minutes from Sonoma Plaza, this asset is ideal for Fix-and-Flip Investors or Contractors seeking a project with substantial land-use flexibility.
Estimated Market Value
$812,678
Based on Realkey algorithm analyzing recent comparable sales in Sonoma.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16398 La Grama Street Subject 2 bd · 2 ba · 1,641 sqft · $495 | $995,000* List Price | 2 | 2 | 1,641 | $495 | - |
A 105 Hooker Avenue Sold 4 bd · 2 ba · 1,776 sqft · $443 · 0.5 mi | $787,000 | 4 | 2 | 1,776 | $443 | 0.5 mi |
B 150 El Portola Drive Active 3 bd · 2 ba · 1,787 sqft · $672 · 0.0 mi | $1,200,000 List Price | 3 | 2 | 1,787 | $672 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1972 (52 years old), the property is described as having 'potential' and needing 'ideas,' which is industry shorthand for a home requiring a full rehab. While the hardwood floors and exterior appear maintained, the original 1970s brickwork, dated entry, and lack of modern updates to kitchens and baths—combined with the age of the structure—align with the 'Poor' criteria for properties needing significant renovation.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 15599, living area = 1641.
- Expansive Lot Potential
The oversized 15,599 sqft lot provides rare versatility for the area, offering ample space for an ADU, swimming pool, sport court, or RV parking.
- Prime Sonoma Location
Centrally located just minutes from the historic Sonoma Plaza, this property offers easy access to world-class wineries and award-winning restaurants.
CONSRISKS & DEFICIENCIES
- Likely Needs Modernization
Built in 1972 and marketed as a project for 'your ideas,' the home likely requires a substantial capital investment for interior and exterior updates.
- Limited Bedroom Count
With only two bedrooms despite having over 1,600 square feet, the current layout may be less appealing to larger families or those requiring multiple home offices.
About 16398 La Grama Street
Rarely available, spacious home with potential, bring your ideas. Large lot with room for pool, A D U, sport court and room for R.V. parking. Neighborhood of distinctive homes centrally located just minutes from the historic Sonoma Plaza. Award winning wineries and restaurants near by.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1972
- Lot Size
- 15,599 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sonoma Unified Schools
Dunbar Elementary School
Grades K-5 • 3.8 mi
4/10
Altimira Middle School
Grades 6-8 • 1.4 mi
4/10
Sonoma Valley High School
Grades 9-12 • 3.8 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.7 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,641 | 1,545.964 |
| Lot Size | 15,599 | 7,343.59 |
| Price | $995.0K | $861.0K |
| Price per sq ft | $606 | $628 |
| Built year | 1972 | 1976 |
| HOA | $0 | $247 |
| Days on market | 17 | 56 |
Pricing History
Listed for Sale
Oct 7, 2026
$995,000
Initial Listing
Sold
Dec 22, 2005
$735,000
Public Record