
Santa Rosa, CA 95404
This property presents a High-Potential Investment Opportunity with a List Price of $855,000—positioned well above the $739,320 Fair Market Value by -15%. Featuring a Condition Rating of 5, this 1931 Spanish-style home requires a comprehensive renovation to modernize its core systems and interiors. Located in the premier Proctor Terrace Elementary School district, the asset offers significant upside for those looking to restore its historic character. This is a strategic acquisition ideal for Fix-and-Flip Investors or Contractors seeking a value-add project in a highly sought-after Santa Rosa neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1824 Austin Way Subject 4 bd · 2 ba · 1,870 sqft · $395 | $855,000* List Price | 4 | 2 | 1,870 | $395 | - |
A 1644 Julianne Place Pending 2 bd · 2 ba · 1,630 sqft · $370 · 0.3 mi | $603,250 List Price | 2 | 2 | 1,630 | $370 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1931 and held by the same family for three generations, this property shows significant deferred maintenance and lacks modern updates. Interior images reveal heavily stained carpeting, dated linoleum flooring, and original windows. The listing description explicitly frames the home as a renovation project ('ready for its next chapter'), suggesting that the kitchen, bathrooms, and core systems (HVAC/Electric) require a full rehab to meet modern standards.
Ideally situated between the coveted Proctor Terrace and historic McDonald neighborhoods, offering immediate proximity to top-rated schools and downtown Santa Rosa.
This 1931 Spanish-style home features timeless storybook charm, including graceful arched windows, a classic tile roof, and original character that is increasingly rare.
Held by the same family for three generations, this property offers a rare 'blank canvas' opportunity to build equity through modernization while preserving its historic integrity.
The home is positioned as a project 'ready for its next chapter,' suggesting that buyers will need to budget for significant updates to the interior and systems.
Having spent over 60 days on the market with a recent price reduction, the property may be struggling to attract buyers at its current price point given the anticipated renovation costs.
The curb appeal draws you in...the possibilities make you want to stay. Perfectly positioned between coveted Proctor Terrace and the historic McDonald neighborhood, 1824 Austin Way has been cherished by the same family for three generations. It's the kind of long-held property that rarely comes on the market, and opportunities like this are few and far between. This storybook Spanish-style home has wonderful bones, beautiful curb appeal, graceful arched windows, a classic tile roof, and timeless character that's becoming harder to find. Ready for its next chapter, it offers the rare opportunity to create a home that's uniquely yours while preserving the charm and character that make it so special. Offering approximately 1,900 square feet with four bedrooms, two bathrooms, a basement, and a detached two-car garage with convenient alley access, there's plenty of room to make it your own. The easy walkout backyard offers plenty of space for entertaining, planting a garden, or simply enjoying time with family and friends. Whether you're envisioning family dinners, holiday gatherings, and years of memories or simply recognizing an exceptional opportunity in one of Santa Rosa's most sought-after neighborhoods this is where character, location, and opportunity come together. Located in the highly sought-after Proctor Terrace Elementary School district and just moments from downtown Santa Rosa's restaurants, boutiques, parks, and community events, this is the kind of neighborhood where kids ride bikes, neighbors know each other, and community still feels like community. Every year, the nearby McDonald neighborhood comes alive with some of Santa Rosa's most beloved Halloween traditions, and during the holiday season, the beautifully decorated streets become a destination all their own. It's easy to see why families stay here for generations.
No exterior & parking available.
Grades K-6 • 0.0 mi
Grades 7-8 • 0.8 mi
Grades 9-12 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.3 |
| Square foot | 1,870 | 1,678.111 |
| Lot Size | 5,602 | 7,642.197 |
| Price | $855.0K | $773.8K |
| Price per sq ft | $457 | $489 |
| Built year | 1931 | 1984 |
| HOA | $0 | $133 |
| Days on market | 105 | 47 |
Aug 8, 2026
$855,000
$875,000
-2% Price Drop
Initial Listing
Jul 11, 2026
$875,000
Initial Listing