32 Colinda Drive, Petaluma, CA 94952, Petaluma, 94952 - 3 bed, 2 bath
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Petaluma, CA 94952
This property presents a Strong Value Opportunity with a List Price of $875,000—positioned well below the $933,857 Fair Market Value by 6%. This valuation gap offers $58,857 in Instant Equity for buyers. While the home maintains a Condition Rating of 4, the dated interior and incomplete primary bath provide a clear path for value-add renovations. Located in a premier West Petaluma cul-de-sac, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build wealth through strategic cosmetic updates.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 32 Colinda Drive Subject | $875,000* List Price | 3 | 2 | 1,672 | $559 | - |
A 9 Arlene Court Sold | $1,110,000 | 3 | 3 | 1,869 | $594 | 0.1 mi |
B 618 620 E Street Sold | $799,000 | 2 | 2 | 1,527 | $523 | 0.8 mi |
C 957 Mcnear Avenue Active | $995,000 List Price | 4 | 2 | 1,546 | $644 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1955, the property is well-maintained but significantly dated. The kitchen features vintage yellow tile and older appliances, while the living area retains original wood paneling. Although there are cosmetic updates like newer laminate flooring and carpet, the HVAC and water heater appear aged, and the primary bathroom is functionally incomplete due to a removed shower stall.
Situated at the end of a quiet cul-de-sac in a highly sought-after neighborhood, this property offers rare privacy while remaining close to historic downtown, top-rated schools, and parks.
The 1,672 square foot layout includes both a spacious living room and a separate family room, providing excellent flexibility for multi-generational living or entertaining.
The nearly 6,000 square foot lot features a welcoming patio and ample space for gardening or relaxation, offering a peaceful retreat in a suburban setting.
The primary bathroom currently lacks a shower due to a previous remodel, which may necessitate immediate renovation costs to restore it to a full-bath status.
With a kitchen described as having a 'yesteryear' feel and a 1955 build date, the home likely requires cosmetic and functional updates to meet modern buyer expectations.
Homes in this highly sought-after West Petaluma neighborhood rarely come to market. Tucked at the end of a quiet cul-de-sac, this inviting property offers both a spacious living room and comfortable family room, providing flexibility for everyday living and entertaining. The kitchen has a warm, timeless feel reminiscent of yesteryear, and the bedrooms are generously sized. The home includes one full bath featuring an oversized shower stall. The primary bath was originally a full bath with a stall shower; during a past remodel, the stall shower was removed. The backyard offers a welcoming patio area and ample space to relax, garden, or simply enjoy the peaceful surroundings. If you're seeking convenience to excellent schools, parks, commuter routes, public transportation, shopping, and Petaluma's vibrant historic downtown, this location delivers. It's an ideal setting to enjoy all that Petaluma and Sonoma County have to offer.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 45% |
| Square foot | 1,672 | 1,946.5 | 43% |
| Lot Size | 5,886 | 6,786.67 | 40% |
| Price | $875.0K | $1.10M | 26% |
| Price per sq ft | $523 | $554 | 41% |
| Built year | 1955 | 1979 | 36% |
| HOA | $0 | $0 | 50% |
| Days on market | 19 | 199 | 2% |
May 18, 2026
$875,000
Initial Listing