240 Shahan Drive, Cloverdale, CA 95425, Cloverdale, 95425 - 3 bed, 2 bath
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240 Shahan Drive
Cloverdale, CA 95425
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,482Sq Ft
15,024Lot Size
Property Price
LIST PRICE$629,000
EST. MARKET VALUE
$694,406
9% BelowMARKET VALUE
SUMMARY
This 1974-built residence represents a Strong Value Opportunity, listed at $629,000—positioned well below the $694,406 Fair Market Value by 9%. This valuation gap provides $65,406 in Instant Equity for the buyer. Featuring a Fair Condition Rating, the home offers a unique central courtyard, a spacious 0.34-acre lot, and scenic mountain views. While the interior requires cosmetic modernization, the property’s layout and location near the Russian River offer significant upside. This is an ideal acquisition for Owner-Occupants seeking value or Buy-and-Hold Investors.
Estimated Market Value
$694,406+$65,406 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Cloverdale.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 240 Shahan Drive Subject | $629,000* List Price | 3 | 2 | 1,482 | $469 | - |
A 210 W 3rd Street Sold | $740,000 | 3 | 2 | 1,467 | $504 | 0.5 mi |
B 921 Valley Drive Pending | $620,000 List Price | 3 | 1 | 1,150 | $539 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1974, this 50-year-old home is functional but dated. The kitchen features older white appliances and a vintage aesthetic, while the bathrooms and bedrooms show signs of age with older cabinetry and blue carpeting. The exterior driveway has visible cracking and the wooden deck shows weathering, indicating the property needs cosmetic updates and minor repairs consistent with a home that hasn't had a major renovation in over 20 years.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 15024, living area = 1482.
- Expansive Lot and Outdoor Living
Situated on a generous 0.34-acre lot, the property features a serene backyard with a deck, arbor, and mountain views, providing ample space for gardening, entertaining, and enjoying the Wine Country climate.
- Unique Architectural Character
The home boasts a distinctive central courtyard that brings natural light into the heart of the house and offers the primary bedroom direct access to a private, intimate outdoor sanctuary.
CONSRISKS & DEFICIENCIES
- Potential for Modernization
Built in 1974, the property may require updates to its original systems or interior finishes to meet the expectations of buyers looking for contemporary energy efficiency and modern aesthetics.
- Modest Interior Square Footage
At 1,482 square feet, the interior living space is relatively compact for a three-bedroom home, which may feel restrictive for larger families or those requiring expansive common areas.
About 240 Shahan Drive
Welcome to this inviting 3-bedroom, 2-bath home offering nearly 1,500 square feet of comfortable living space on approximately one-third of an acre in Cloverdale. Set along a quiet residential street, the property offers beautiful views, a peaceful setting, and plenty of room to enjoy both indoor and outdoor living. Inside, the generous primary bedroom is filled with natural light and enjoys direct access to a charming central courtyard, a special intimate space that brings the outdoors into the heart of the home. Step outside to a serene backyard where a deck with an arbor creates an inviting spot to relax, entertain, garden, or simply enjoy the surrounding scenery. With approximately one-third of an acre, the property offers an appealing sense of space and connection to the outdoors. Set in a peaceful residential setting yet close to downtown Cloverdale, with shops, dining, community events, parks, trails, and the Russian River nearby, this home offers a wonderful opportunity to enjoy the easygoing Wine Country lifestyle in a welcoming small town where the vineyards meet the redwoods.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1974
- Lot Size
- 15,024 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.8 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,482 | 1,739.714 |
| Lot Size | 15,024 | 10,406.5 |
| Price | $629.0K | $689.9K |
| Price per sq ft | $424 | $443 |
| Built year | 1974 | 1978 |
| HOA | $0 | $340 |
| Days on market | 12 | 51 |
Pricing History
Listed for Sale
Aug 28, 2026
$629,000
Initial Listing