
Santa Rosa, CA 95404
This 1931 Spanish-style residence represents a High-Potential Investment Opportunity, listed at a List Price of $855,000—positioned well above the $752,076 Fair Market Value by -13%. Featuring a Condition Rating of 5, the property requires a comprehensive renovation to modernize its original 1931 systems and finishes. Located in the premier Proctor Terrace Elementary district, the home offers significant upside for those capable of executing a full-scale restoration. This is a strategic acquisition for Fix-and-Flip Investors or Contractors seeking a value-add project in a high-demand neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1824 Austin Way Subject | $855,000* List Price | 4 | 2 | 1,870 | $402 | - |
A 1644 Julianne Place Pending | $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Built in 1931 and held by the same family for three generations, this home is significantly outdated and requires a full rehab. Interior images reveal heavily stained carpeting, ancient linoleum flooring, and original finishes. The listing's emphasis on 'possibilities' and being 'ready for its next chapter' confirms that the kitchen, bathrooms, and major systems likely haven't been updated in over 30-50 years.
Perfectly positioned between the coveted Proctor Terrace and historic McDonald neighborhoods, offering exceptional walkability and proximity to top-rated Proctor Terrace Elementary.
This 1931 storybook Spanish-style home features classic elements like arched windows and a tile roof, providing a rare level of charm and curb appeal.
With 1,900 square feet, four bedrooms, a basement, and a detached two-car garage with alley access, the property offers significant space and flexibility for customization.
Held by the same family for three generations, the home likely requires substantial updates and modernization to meet contemporary standards and finishes.
While the elementary school is highly regarded, the assigned middle and high schools have lower ratings, which may be a consideration for education-focused buyers.
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 | 2.0 |
| Square foot | 1,870 | 1,641.729 |
| Lot Size | 5,602 | 7,704.467 |
| Price | $855.0K | $769.4K |
| Price per sq ft | $457 | $501 |
| Built year | 1931 | 1982 |
| HOA | $0 | $133 |
| Days on market | 60 | 45 |
Aug 8, 2026
$855,000
$875,000
-2% Price Drop
Initial Listing
Jul 11, 2026
$875,000
Initial Listing