
Petaluma, CA 94954
This Move-in Ready Single Family Residence is a Strong Value Opportunity, listed at $640,000—positioned well below the $668,999 Fair Market Value by 4%. This valuation gap offers $28,999 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home includes significant infrastructure upgrades like a newer roof and electrical work. With a large 5,700 sqft lot and a private patio, this property is an ideal acquisition for first-time buyers or Owner-Occupants seeking a well-maintained, commuter-friendly home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 308 S Mcdowell Boulevard Subject 3 bd · 1 ba · 966 sqft · $660 | $615,000* List Price | 3 | 1 | 966 | $660 | - |
A 1295 Marian Way Sold 3 bd · 1 ba · 960 sqft · $755 · 0.5 mi | $725,000 | 3 | 1 | 960 | $755 | 0.5 mi |
B 149 Jeffrey Drive Sold 3 bd · 1 ba · 958 sqft · $688 · 0.3 mi | $659,000 | 3 | 1 | 958 | $688 | 0.3 mi |
C 1417 E Madison Street Sold 3 bd · 2 ba · 1,056 sqft · $670 · 0.3 mi | $707,000 | 3 | 2 | 1,056 | $670 | 0.3 mi |
D 18 Eastside Circle Sold 3 bd · 2 ba · 1,127 sqft · $673 · 0.4 mi | $758,000 | 3 | 2 | 1,127 | $673 | 0.4 mi |
E 405 Ely Boulevard S Sold 3 bd · 2 ba · 1,196 sqft · $585 · 0.7 mi | $700,000 | 3 | 2 | 1,196 | $585 | 0.7 mi |
F 1521 Sarkesian Drive Sold 4 bd · 2 ba · 1,338 sqft · $597 · 0.5 mi | $799,000 | 4 | 2 | 1,338 | $597 | 0.5 mi |
G 922 Cottonwood Court Sold 4 bd · 2 ba · 1,324 sqft · $529 · 1.0 mi | $700,000 | 4 | 2 | 1,324 | $529 | 1.0 mi |
H 1321 Mcneil Avenue Active 3 bd · 1 ba · 1,030 sqft · $600 · 0.1 mi | $618,000 List Price | 3 | 1 | 1,030 | $600 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1952, the property has undergone significant recent renovations including a newer roof, furnace, and permitted electrical work. The interior features updated kitchen counters, a refreshed bathroom, and newer flooring, making it a well-maintained, move-in ready home that fits the 5-15 year renovation criteria.
The property features significant recent improvements including a newer roof, gutters, furnace, gas line, and permitted electrical work, significantly reducing immediate capital expenditure for the buyer.
The 5,700 square foot lot offers substantial outdoor space for gardening, entertaining, or potential expansion, providing a private urban oasis that is rare for this price point.
Ideally situated near the McDowell corridor with easy freeway access, the home offers excellent proximity to local shopping, dining, and schools, while remaining convenient for North Bay and city commuters.
With three bedrooms but only one full bathroom, the layout may pose functional challenges for families and could impact future resale value compared to homes with a second bath.
At 966 square feet, the interior living space is relatively small for a three-bedroom residence, which may result in smaller individual room sizes and limited common area flexibility.
Three bedrooms on a manageable footprint. Generous outdoor space. A usable garage plus additional parking. Significant updates already completed. Convenient access to everyday amenities and commuting routes. Conveniently located near everyday amenities, this home offers a smart combination of function, privacy, and opportunity. Set on a generously sized lot, this updated Petaluma home offers the kind of flexibility that is increasingly hard to find. Inside, you'll find comfortable living spaces and a usable garage, and outside, there is plenty of practical parking and a private outdoor setting with room to make it your own. Three-bedrooms, one-bathroom home on a large lot with extensive updates and convenient access to everyday amenities. The spacious layout offers three bedrooms, one full bathroom, and a usable garage, with driveway and street parking providing additional flexibility. The home has been updated throughout, including newer kitchen counters, an updated hallway bathroom, newer carpeting, a newer furnace, gas line, roof, and gutters. Infrastructure improvements include newer insulation and vents, permitted electrical work, and sub-panels. The large lot offers more than just outdoor space; it provides privacy and room to create your own urban oasis, with potential for fruit trees, gardens, entertaining areas, or simply space to enjoy. The usable garage adds valuable storage, workspace, or parking options. Conveniently located near shopping, dining, schools, and parks, with everyday amenities along the McDowell corridor just minutes away. Easy freeway access makes commuting toward the city or heading north convenient, while the coast and Wine Country are also within easy reach. A well-located home with meaningful updates, practical parking, and a larger lot offering flexibility for the way you live.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.4 |
| Baths | 1.0 | 2.5 |
| Square foot | 966 | 1,792.34 |
| Lot Size | 5,700 | 6,300.582 |
| Price | $615.0K | $939.8K |
| Price per sq ft | $637 | $548 |
| Built year | 1952 | 1974 |
| HOA | $0 | $134 |
| Days on market | 51 | 35 |
Oct 4, 2026
$615,000
$630,000
-2% Price Drop
Initial Listing
Sep 23, 2026
$630,000
$640,000
-2% Price Drop
Initial Listing
Sep 3, 2026
$640,000
Initial Listing
Apr 18, 2018
$455,000
Public Record