
Sonoma, CA 95476
This property presents a High-Potential Investment Opportunity with a List Price of $998,000—positioned well below the $948,102 Fair Market Value by -5%. Featuring a 2+ acre level parcel and a separate back cottage, this Fair Condition Rating asset offers significant value-add potential through renovation. The expansive lot size provides rare flexibility for agricultural use or expansion in Sonoma. This is a strategic acquisition ideal for Buy-and-Hold Investors or Contractors seeking to capitalize on a versatile, income-generating property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 19338 Orange Avenue Subject | $998,000* List Price | 3 | 2 | 1,627 | $583 | - |
A 19360 Linden Street Pending | $995,000 List Price | 3 | 2 | 1,782 | $558 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1960 with no evidence of recent renovations. The kitchen and bathrooms feature original or highly dated cabinetry, tile, and flooring (>30 years old). The listing explicitly states the property needs TLC and presents a renovation opportunity, fitting the criteria for a full rehab.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 87991, living area = 1627.
The property features a rare 2+ acre level parcel in Sonoma, providing significant privacy and vast potential for expansion, landscaping, or agricultural use.
The inclusion of a separate back cottage offers immediate versatility for rental income, guest accommodations, or a dedicated home office space.
The home is noted as needing 'TLC,' implying that substantial capital investment and repairs are required to address its current condition.
The main residence is currently tenant-occupied, which limits access for showings and may present logistical challenges for buyers desiring immediate possession.
Ranch style 3 bedroom 2 bath home and back cottage on a 2+ acre level parcel. Property in need of TLC. Wonderful opportunity to renovate with endless possibilities. Home is tenant occupied; cottage is vacant. Do not disturb tenants. Shown by appointment only.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.6 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,627 | 1,514.9 |
| Lot Size | 87,991 | 7,283.25 |
| Price | $998.0K | $864.9K |
| Price per sq ft | $613 | $635 |
| Built year | 1960 | 1977 |
| HOA | $0 | $238 |
| Days on market | 37 | 66 |
Aug 3, 2026
$998,000
Initial Listing