193 W Verano Avenue Unit 203, Sonoma, CA 95476, Sonoma, 95476 - 2 bed, 2 bath
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193 W Verano Avenue Unit 203
Sonoma, CA 95476
ACTIVE
CONDITION: EXCELLENT
2Beds
2Baths
1,275Sq Ft
27,033Lot Size
Property Price
LIST PRICE$302,599
EST. MARKET VALUE
$318,031
4% BelowMARKET VALUE
SUMMARY
This Turnkey 55+ Co-Op Residence is a Strong Value Opportunity, listed at $302,599—positioned well below the $318,032 Fair Market Value by 4%. This valuation gap offers $15,433 in Instant Equity for buyers. Featuring a Mint Condition Rating, the unit includes a Granite Kitchen, updated baths, and Cork Flooring. Residents enjoy resort-style amenities like a Pool and Saunas with scenic park views. This is an ideal acquisition for Downsizing Retirees or Owner-Occupants seeking a maintenance-free lifestyle near Sonoma Plaza.
Estimated Market Value
$318,031+$15,432 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Sonoma.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 193 W Verano Avenue Unit 203 Subject 2 bd · 2 ba · 1,275 sqft · $249 | $302,599* List Price | 2 | 2 | 1,275 | $249 | - |
A 193 Verano Avenue W 107 Active 2 bd · 2 ba · 1,275 sqft · $257 · 0.0 mi | $327,816 List Price | 2 | 2 | 1,275 | $257 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
While the building was constructed in 1986, the unit has undergone a comprehensive recent renovation. The kitchen features modern flat-panel cabinetry, granite countertops, and a contemporary tile backsplash. The bathrooms are updated with modern vanities, and the living areas feature updated cork flooring. The property is in mint, move-in ready condition with no immediate maintenance required.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location & Accessibility
Situated just minutes from the Historic Sonoma Plaza, the property offers easy access to hiking trails, tennis courts, and local dining, providing an active lifestyle for residents.
- Modernized Interior Finishes
The unit features a tastefully updated kitchen with granite countertops and stainless steel appliances, complemented by eco-friendly cork flooring and renovated bathrooms.
- Resort-Style Amenities
Residents benefit from a comprehensive amenity package including a pool, dual saunas, and elevator access, all set within professionally landscaped grounds designed by architect Adrian Martinez.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1275, other record living area = 21472. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.
- High Association Fees
The monthly association fee of $978 is relatively high, which may impact the overall affordability and monthly carrying costs for potential buyers.
- Restricted Buyer Pool
As a 55+ Co-Op community, the property is limited to a specific demographic, which can result in a longer resale period and more complex financing requirements compared to traditional condominiums.
About 193 W Verano Avenue Unit 203
Welcome to FAHA Palms, an over 55 Co-Op Community of 16 apartment units in the heart of Sonoma. Designed by renowned architect, Adrian Martinez, each unit is updated and has plenty of natural light. Set in resort like grounds, residents enjoy beautiful landscaping, a pool and two saunas, expansive lawns, gazebo, and the majestic palms which give the property its name. Conveniently located steps from several restaurants, shopping, fitness club, hiking trails and a public park with tennis courts. The Historic Sonoma Plaza and all of its opportunities is only a five minute drive or a quick bike ride away on the nearby bike path. #203 is a 2bd/2bath approx 1275 sq. ft. upper level unit. Updated kitchen has stainless steel refrigerator, a glass top electric stove, granite countertops, tile backsplash and tile floors. Updated bathrooms with modern vanities and tile floors. Cork flooring throughout the rest of the unit. Stacked washer/dryer in utility closet with storage. Your option to use the stairs or the elevator to access your home. Southern exposure for the private balcony. Lovely views of the palms and the park across the street. Here's your golden opportunity to live your golden years in a beautiful place at an incredible value!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1986
- Lot Size
- 27,033 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $978 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 1.8 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,275 | 1,176 |
| Lot Size | 27,033 | 1,807.667 |
| Price | $302.6K | $681.7K |
| Price per sq ft | $237 | $581 |
| Built year | 1986 | 1981 |
| HOA | $978 | $562 |
| Days on market | 38 | 65 |
Pricing History
Listed for Sale
Sep 16, 2026
$302,599
Initial Listing