1702 Capistrano Drive, Petaluma, CA 94954, Petaluma, 94954 - 6 bed, 3 bath
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Petaluma, CA 94954
This Spacious Single-Family Residence represents a Strong Value Opportunity, listed at $930,000—positioned well below the $1,033,632 Fair Market Value by 10%. This valuation gap provides $103,632 in Instant Equity. With a Condition Rating of 3, the home features recent interior paint and remodeled bathrooms, offering a turnkey lifestyle near the highly-rated Casa Grande High School. Its 6-bedroom layout provides rare versatility for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready home in a prime Petaluma neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1702 Capistrano Drive Subject | $930,000* List Price | 6 | 3 | 2,647 | $390 | - |
A 1711 Capistrano Drive Sold | $1,099,000 | 6 | 3 | 2,647 | $415 | 0.0 mi |
B 1636 Sarkesian Drive Sold | $855,000 | 4 | 3 | 2,159 | $396 | 0.3 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 | 0.8 mi |
E 2 Wedgewood Court Sold | $1,149,000 | 4 | 3 | 2,650 | $434 | 0.8 mi |
F 1644 San Marino Drive Active | $950,000 List Price | 4 | 3 | 2,148 | $442 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1971, the property is well-maintained and move-in ready. It features remodeled bathrooms (likely within the 5-15 year window), newer laminate flooring, and fresh interior/exterior paint. While the kitchen remains dated with older tile countertops and popcorn ceilings are still present, the overall functional condition and recent cosmetic updates elevate it above the 'Fair' category.
With 6 bedrooms and over 2,600 square feet of living space, this property offers rare versatility and value for large families or multi-generational households in the Petaluma market.
The home is move-in ready, featuring fresh interior and exterior paint, remodeled bathrooms, newer laminate flooring, and custom shutters that provide a modern and refreshed aesthetic.
Situated on a quiet corner lot in desirable East Petaluma, the property is less than a third of a mile from La Tercera Elementary, making it ideal for families with school-aged children.
Built in 1971, the property may require upcoming capital investments for original infrastructure or systems that were not specified as updated in the recent renovations.
The large 2,647 square foot home footprint on a 6,499 square foot lot results in a relatively compact backyard, which may feel undersized for a residence designed to accommodate up to six bedrooms.
Located in a desirable area of east Petaluma on a corner in a quiet neighborhood, you will find this wonderful large home. There is room for everyone with a spacious living room dining room area, family room, and large kitchen with a dining area all downstairs. Upstairs you will find the Great/Multi-Media Room with custom sliding glass doors, a huge primary bedroom plus 3 other bedrooms. There are several upgrades and special features including custom shutters over the dining room window and sliding glass doors leading out to the patio. Freshly painted inside and out, newer laminate flooring, remodeled bathrooms, overhead lighting in the bedrooms and more. There is a l=inside laundry room and a workshop in the 3rd bay of the garage. The large private backyard has patio and garden areas plus a built-in barbeque. This home is ready for you to move in and make it your own.
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades 7-8 • 2.7 mi
Grades 9-12 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 3.5 | 97% |
| Baths | 3.0 | 2.0 | 53% |
| Square foot | 2,647 | 1,747 | 90% |
| Lot Size | 6,499 | 6,167.19 | 55% |
| Price | $930.0K | $800.0K | 69% |
| Price per sq ft | $351 | $465 | 21% |
| Built year | 1971 | 1976 | 45% |
| HOA | $0 | $0 | 50% |
| Days on market | 32 | 156 | 2% |
May 5, 2026
$930,000
Initial Listing
Jul 25, 2000
$355,000
Public Record