231 Candlelight Drive, Santa Rosa, CA 95403, Santa Rosa, 95403 - 2 bed, 2 bath
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Santa Rosa, CA 95403
This property presents a High-Potential Investment Opportunity with a List Price of $510,000—positioned well above the $432,650 Fair Market Value by 17%. While the property requires capital for modernization, its Fair Condition Rating and rare Single-level End Unit layout offer significant value-add potential. Featuring a private enclosed patio and greenbelt views, the home provides a tranquil setting near major commuter routes. This is a strategic acquisition for Fix-and-Flip Investors or first-time buyers seeking a sweat-equity project in a prime location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 231 Candlelight Drive Subject | $510,000* List Price | 2 | 2 | 1,040 | $416 | - |
A 111 Mark West Commons Circle Sold | $500,000 | 3 | 3 | 1,290 | $388 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1974 (50 years old) and described as a 'sweat-equity opportunity.' While the listing mentions updates over the years, the 30-year ownership and call for sweat equity suggest the kitchen, baths, and systems are dated (likely 20-30+ years old) and require modernization and minor repairs.
Situated at the end of a quiet lane and backing onto a lush greenbelt, this end unit offers superior privacy and a tranquil setting rarely found in high-density complexes.
The rare single-level floor plan provides excellent accessibility and ease of movement, making it an ideal choice for downsizers or those seeking long-term functional living.
Located near Highway 101, the Sonoma County Airport, and the SMART Train, the property offers exceptional connectivity for commuters while remaining close to local Larkfield amenities.
Marketed as a 'sweat-equity opportunity' and held by the same owner for 30 years, the home likely requires significant modernizing and cosmetic updates to meet current market standards.
The assigned middle school has a lower performance rating (3/10), which may be a consideration for families prioritizing top-tier educational districts.
2 BR/2 full BA Single-level End Unit! Located in the Wikiup Village complex, where very few units come on the market. Close to Larkfield amenities, Hwy 101, Sonoma County Airport, SMART Train, or a quick trip over to Calistoga. A single-level End unit at the end of a lane, away from the road, and backing to a greenbelt at the edge of the complex. The 2 car garage backs to a beautifully landscaped private enclosed patio for easy access into the home. First time on the market in close to 30 years, with updates done over the years. A great sweat-equity opportunity.
No exterior & parking available.
Grades K-6 • 0.7 mi
Grades 7-8 • 5.2 mi
Grades 9-12 • 4.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.5 | 50% |
| Baths | 2.0 | 2.5 | 50% |
| Square foot | 1,040 | 1,142.5 | 25% |
| Lot Size | 2,143 | 1,914.5 | 50% |
| Price | $510.0K | $475.0K | 75% |
| Price per sq ft | $490 | $393 | 75% |
| Built year | 1974 | 1989 | 25% |
| HOA | $337 | $438 | 50% |
| Days on market | 4 | 131 | 25% |
Jun 2, 2026
$510,000
Initial Listing