1702 Capistrano Drive, Petaluma, CA 94954, Petaluma, 94954 - 5 bed, 3 bath
Loading property details...
Petaluma, CA 94954
This Spacious Traditional Home represents a Strong Value Opportunity, listed at $924,950—positioned well below the $979,411 Fair Market Value by 5%. This valuation gap provides $54,461 in Instant Equity for the buyer. Featuring a Fair Condition Rating, the property includes modern upgrades like waterproof plank flooring and dual-pane windows, while offering room for cosmetic personalization. With a versatile 5-bedroom layout and a large covered patio, this home is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1702 Capistrano Drive Subject | $924,950* List Price | 5 | 3 | 2,647 | $370 | - |
A 1569 Trellis Lane Sold | $830,000 | 4 | 3 | 2,128 | $390 | 0.4 mi |
B 1711 Capistrano Drive Sold | $1,099,000 | 6 | 3 | 2,647 | $415 | 0.0 mi |
C 1636 Sarkesian Drive Sold | $855,000 | 4 | 3 | 2,159 | $396 | 0.3 mi |
D 1097 Crinella Drive Sold | $710,000 | 4 | 2 | 1,633 | $435 | 0.4 mi |
E 2 Wedgewood Court Sold | $1,149,000 | 4 | 3 | 2,650 | $434 | 0.8 mi |
F 800 Mckillop Court Pending | $875,000 List Price | 6 | 3 | 2,647 | $331 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1971, the home shows partial updates including waterproof plank flooring and newer paint. However, the kitchen remains dated with older cabinetry and white appliances, and the interior features popcorn ceilings and worn carpeting in bedrooms, placing it in the 'Fair' category as it requires cosmetic modernization.
Boasting 2,647 square feet with five bedrooms and multiple formal living areas, this home offers exceptional flexibility for large families, multi-generational living, or a dedicated home office.
The property features significant recent improvements including waterproof plank flooring, updated bathrooms, dual-pane windows with plantation shutters, and fresh interior and exterior paint.
Ideally situated within walking distance to La Tercera Elementary and local parks, with quick access to Highway 101 and Petaluma's vibrant shopping and dining districts.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 6.
Originally built in 1971, the property may require future capital expenditures for aging systems or structural components not addressed by recent cosmetic updates.
The assigned elementary and middle schools are currently rated at a 5/10, which may be a consideration for families prioritizing top-tier academic performance metrics.
Opportunity awaits! This amazing home features formal living, dining, and family rooms, a light and bright eat-in kitchen with breakfast area, newer exterior and interior paint, dual pane windows and plantation shutters, updated bathrooms, waterproof planking floors, multiple ceiling fans, a huge laundry room, and plenty of afternoon sunshine! In addition to 4 generous bedrooms, you also have an oversized 5th bedroom which can easily be an office or media bonus room! Your private backyard features a large covered patio with built-in brick BBQ, mature shade trees, plenty of gardening space, and a bonus side yard with extra storage room. Located just a few minutes from parks and schools and just a short drive to local shopping and entertainment, coffee shops and pubs, popular restaurants, and The 101.
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 |
|---|---|---|
| Beds | 5.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 2,647 | - |
| Lot Size | 6,499 | - |
| Price | $925.0K | $978.8K |
| Price per sq ft | $349 | $525 |
| Built year | 1971 | 0 |
| HOA | $0 | $0 |
| Days on market | 8 | 38 |
Jul 14, 2026
$924,950
Initial Listing
Jul 25, 2000
$355,000
Public Record