232 Cambridge Lane, Petaluma, CA 94952, Petaluma, 94952 - 4 bed, 3 bath
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Petaluma, CA 94952
This Upgraded Westside Residence is a Strong Value Opportunity, listed at $1,229,000—positioned well below the $1,296,248 Fair Market Value by 5%. This valuation gap provides $67,248 in Instant Equity for the incoming buyer. Boasting a Condition Rating of 3, the home features over $100,000 in recent upgrades, including a custom primary shower, new appliances, and a landscaped backyard with a louvered pergola. Located steps from Helen Putnam Park and zoned for Wilson Elementary (9/10), it balances financial upside with premium living. This is an ideal acquisition for Owner-Occupants or Lifestyle-Focused Buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 232 Cambridge Lane Subject | $1,229,000* List Price | 4 | 3 | 2,229 | $582 | - |
A 218 Windsor Drive Sold | $1,260,000 | 4 | 3 | 2,388 | $528 | 0.1 mi |
B 63 Windsor Lane Sold | $1,235,000 | 2 | 2 | 2,041 | $605 | 0.3 mi |
C 3 Hill Drive Sold | $1,005,000 | 3 | 3 | 1,520 | $661 | 0.5 mi |
D 250 Cambridge Lane Sold | $1,049,000 List Price | 3 | 2 | 1,771 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready condition with over $100,000 in recent high-end upgrades. While built in 2000, it features a fully renovated primary bathroom with a custom tile shower, new kitchen appliances, and a professionally landscaped backyard with premium turf and a louvered pergola. Some original elements like the tile flooring and secondary bathroom remain, placing it in the 'good' category rather than 'excellent' as it has not undergone a full-home renovation.
Elementary School: Wilson Elementary School (9/10).
Situated in one of Petaluma's most desirable neighborhoods, the property offers immediate access to Helen Putnam Park's extensive hiking trails, blending suburban comfort with outdoor lifestyle.
With over $100,000 in recent upgrades, including new premium appliances, a custom primary shower, and high-end backyard features like a louvered pergola and turf, the home is in turn-key condition.
The property is listed at a significant premium compared to its purchase price just one year ago, which may lead to appraisal scrutiny or buyer resistance regarding the rapid valuation jump.
The presence of a monthly association fee and subdivision regulations may be a drawback for buyers seeking total autonomy or those looking to minimize recurring non-utility expenses.
This solid residence offers a thoughtfully designed, functional floor plan that seamlessly blends a timeless design with modern living. Located in one of Petaluma's most sought-after westside neighborhoods, this property is just steps from Helen Putnam Park, offering access to miles of hiking trails. The home features an inviting family room that connects effortlessly to an open kitchen, complete with an array of new appliances. Main-level bedroom and full bath offer ideal flexibility for guests or office use. Upstairs, a generous primary suite includes an ensuite bath showcasing a newly installed, expansive custom tile shower. Both private and spacious, the sun-drenched backyard boasts new premium turf, a hot tub, and a louvered pergola that allows for sun or shade, perfect for year-round entertaining. Over $100K in recent upgrades since the sellers purchased the property last year. All appliances, including washer & dryer, convey.
No exterior & parking available.
Grades K-6 • 0.7 mi
Grades K-6 • 1.1 mi
Grades K-6 • 2.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 63% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,229 | 1,857 | 63% |
| Lot Size | 6,517 | 6,856.34 | 43% |
| Price | $1.23M | $1.05M | 66% |
| Price per sq ft | $551 | $565 | 46% |
| Built year | 2000 | 1965 | 73% |
| HOA | $157 | $0 | 87% |
| Days on market | 15 | 183 | 1% |
Apr 7, 2026
$1,229,000
Initial Listing
Jan 6, 2025
$1,060,000
Public Record
May 9, 2003
$549,000
Public Record