240 Park Place Drive, Petaluma, CA 94954, Petaluma, 94954 - 2 bed, 1 bath
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Petaluma, CA 94954
This Turnkey Condominium Home is listed at $515,000, representing a stable market entry aligned with its $506,187 Fair Market Value. Boasting a Condition Rating of 3, the interior features extensive recent improvements including new elegant flooring, fresh paint, and a remodeled bathroom. The functional layout is enhanced by dual private patios and new stainless steel appliances, ensuring a move-in-ready experience. Located in a vibrant East Petaluma neighborhood with community pools and proximity to local schools, this property offers a low-maintenance lifestyle. It is an ideal match for first-time buyers or downsizers seeking a polished residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 240 Park Place Drive Subject | $515,000* List Price | 2 | 1 | 872 | $580 | - |
A 206 Park Place Drive Sold | $371,822 | 1 | 1 | 740 | $502 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features extensive recent cosmetic updates, including fresh interior paint, new hard-surface flooring, and new bedroom carpeting. The kitchen has been refreshed with new stainless steel appliances and recessed lighting, though it retains older cabinetry and countertops. The bathroom has been remodeled with modern fixtures and a newer enclosure. With a newly installed furnace and well-maintained systems, the home exceeds the 'fair' standard for its 1986 build date but falls short of 'excellent' due to some original structural components in the kitchen.
The home features extensive recent improvements, including fresh paint, new elegant flooring, and a fully remodeled bathroom, offering a turnkey experience for buyers.
Unique for a condominium, this unit boasts two private outdoor patios and an additional storage unit, significantly extending the functional living and utility space.
Located in a vibrant East Petaluma neighborhood, residents benefit from community pools, nearby parks, and close proximity to top-rated schools and shopping.
The monthly HOA fee of $530 is a significant recurring cost that may impact the overall affordability and monthly budget for potential owners.
With only 872 square feet and a single bathroom serving two bedrooms, the interior space may feel limited for those requiring more room or privacy.
Updated living in the heart of East Petaluma is available in this wonderful condo home! Just inside you'll immediately fall in love with the fresh interior paint and newly installed elegant flooring running throughout. The spacious living room features a fireplace and slider to one of the private patios. The bright kitchen enjoys updated recessed lighting, recently installed stainless steel appliances, plenty of cabinet storage, dining nook, and a slider to an additional patio with storage unit. Luxuriate in one of the two comfortable bedrooms with fresh carpet and tons of natural light or fall in love with the remodeled bathroom with newer shower enclosure, updated fixtures, flooring, and lighting. Other home features include in-unit laundry closet, newly installed furnace, and a vibrant tree-lined neighborhood with parks and community pools! Not to mention the proximity to wonderful shopping, dining, and schools! You'll love calling this home'' every day!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 33% |
| Baths | 1.0 | 3.0 | 33% |
| Square foot | 872 | 1,317 | 33% |
| Lot Size | 967 | 1,200 | 33% |
| Price | $515.0K | $592.5K | 33% |
| Price per sq ft | $591 | $477 | 67% |
| Built year | 1986 | 1990 | 50% |
| HOA | $530 | $448 | 50% |
| Days on market | 29 | 195 | 17% |
Mar 24, 2026
$515,000
Initial Listing