
Petaluma, CA 94954
This Spacious Single Family Residence represents a Strong Value Opportunity, listed at $915,000—positioned well below the $916,742 Fair Market Value by 0.19%. Featuring a 4-bedroom, 3-bathroom layout with a 9,309 sqft lot, the home offers significant potential for an ADU or pool. While the property maintains a Condition Rating of 4, its flexible floor plan and cul-de-sac location provide a solid foundation for modernization. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build long-term equity through strategic updates.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 237 Rushmore Avenue Subject | $915,000* List Price | 4 | 3 | 2,500 | $367 | - |
A 109 Tuxedo Court Sold | $955,000 | 4 | 3 | 2,107 | $453 | 0.3 mi |
B 628 Cascade Court Sold | $885,000 List Price | 5 | 3 | 2,154 | 0.2 mi | |
C 116 Rose Petal Court Sold | $860,000 | 4 | 2 | 1,883 | $457 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1980 (44 years old), the home shows cosmetic updates such as painted cabinetry and stone countertops, but retains many dated elements including original parquet flooring, 1980s wood banisters, and older black appliances. While functional and well-maintained, the property requires modernization of the bathrooms and likely the original systems to meet modern standards, fitting the criteria for a dated home needing updates.
The 2,500 sqft floor plan features a main-level bedroom and full bathroom plus a flex space, providing excellent utility for multi-generational living or a home office.
The oversized 9,309 sqft flat lot includes RV access and ample space for a pool or an Accessory Dwelling Unit (ADU), offering significant value-add opportunities.
Situated at the end of a quiet cul-de-sac in the desirable College Heights area, the property offers privacy and safety while remaining close to Lucchesi Park and shopping.
Built in 1980, the home may require cosmetic updates and modernization to meet the aesthetic standards of contemporary buyers.
Due to the property's age, major mechanical systems and structural components may be nearing the end of their functional lifespan, potentially requiring near-term capital investment.
Tucked away at the end of a peaceful cul-de-sac in College Heights, this spacious 4 bedroom, 3 bathroom + flex space home welcomes you with soaring ceilings, expansive living spaces, and a floor plan designed for the many seasons of life. Morning coffee in the sunlit kitchen, holiday dinners in the formal dining room, movie nights in the family room, backyard birthdays, gardens, RV adventures. This is a home built for both everyday comfort and future possibilities. With 2,500 square feet, the layout offers flexibility at every turn, including a main level bedroom, multi-use room and full bathroom ideal for guests, extended family, or working from home. Upstairs, generously sized bedrooms and a spacious primary suite create a comfortable retreat at the end of the day. Outside, the oversized flat lot becomes the true extension of the home. With privacy, RV access, room for entertaining, gardening, a future pool, or even potential ADU opportunities, the possibilities feel endless. Located near Lucchesi Park, Trader Joe's, schools, and shopping, this home offers the rare combination of space, flexibility, and community all in one of Petaluma's most convenient locations.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 51% |
| Baths | 3.0 | 2.0 | 54% |
| Square foot | 2,500 | 1,739 | 88% |
| Lot Size | 9,309 | 6,159.38 | 88% |
| Price | $915.0K | $800.0K | 67% |
| Price per sq ft | $366 | $470 | 19% |
| Built year | 1980 | 1977 | 54% |
| HOA | $0 | $0 | 50% |
| Days on market | 30 | 159 | 2% |
May 14, 2026
$915,000
Initial Listing
Oct 31, 2019
$730,000
Public Record
Jun 5, 2012
$325,000
Public Record
Jan 22, 2003
$494,000
Public Record
Apr 14, 1999
$279,000
Public Record