
Santa Rosa, CA 95404
This 1931 Spanish-style residence represents a High-Potential Investment Opportunity, listed at a List Price of $875,000—positioned well above the $769,488 Fair Market Value by 13%. While the property requires significant rehabilitation due to its Condition Rating of 5, the 4-bedroom, 1,900 sq ft layout in the coveted McDonald area provides a rare foundation for value-add renovation. Proximity to Proctor Terrace Elementary adds long-term appeal. This asset is best suited for Fix-and-Flip Investors or Contractors capable of executing a comprehensive modernization strategy.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1824 Austin Way Subject | $875,000* List Price | 4 | 2 | 1,870 | $411 | - |
A 2152 Montecito Avenue Sold | $824,000 List Price | 3 | 2 | 1,692 | 0.4 mi | |
B 1610 Hexem Avenue Pending | $709,000 List Price | 3 | 2 | 1,483 | $478 | 0.9 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, the home shows significant deferred maintenance. Interior photos reveal heavily stained carpeting, dated linoleum, and windows with tape suggesting seal or structural issues. The listing explicitly states the property 'needs work,' indicating that the kitchen, baths, and major systems likely require a full rehabilitation to meet modern standards.
Situated in the highly coveted McDonald area on a picturesque tree-lined street, this property offers rare access to one of Santa Rosa's most prestigious and established neighborhoods.
This 1931 storybook Spanish-style home features timeless 'good bones,' including classic arched windows and a traditional tile roofline that provides exceptional curb appeal and historical charm.
As a long-held family estate coming to market for the first time in three generations, the property offers a substantial equity-building opportunity for buyers looking to renovate and customize a classic home.
The home requires significant work and modernization, which will necessitate a substantial additional capital investment beyond the purchase price for repairs and upgrades.
Limited viewing options and restricted access may complicate the due diligence process and create logistical challenges for prospective buyers during the initial showing phase.
This is a special one! 1824 Austin Way sits on a tree-lined street in the heart of the coveted McDonald area, and the same family has called it home for three generations. It's the kind of long-held property that rarely comes up for sale in this neighborhood. This storybook Spanish-style home has wonderful bones with it's arched windows, tile roofline, real character, but it does need work, which is exactly why the upside here is so significant. The layout offers 4 bedrooms, an office, a basement, and 2 full baths across approximately 1,900 sq ft, plus a large detached 2-car garage with alley access. Access is limited, so call your agent ASAP for viewing options.
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 | 5.0 |
| Baths | 2.0 | 4.0 |
| Square foot | 1,870 | 4,527 |
| Lot Size | 5,602 | 56,628 |
| Price | $875.0K | $777.5K |
| Price per sq ft | $468 | $488 |
| Built year | 1931 | 1987 |
| HOA | $0 | $95 |
| Days on market | 11 | 55 |
Jul 11, 2026
$875,000
Initial Listing