411 Highland Avenue, Penngrove, CA 94951, Penngrove, 94951 - 2 bed, 2 bath
411 Highland Avenue
Penngrove, CA 94951
Property Price
SUMMARY
Analysis of 411 Highland Avenue, Penngrove, CA 94951 is currently available with a list price of $2,995,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Penngrove Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
The property, built in 1972, consists of multiple residential units and extensive equestrian facilities that are functional but show significant signs of age. Interior images reveal kitchens and bathrooms with dated cabinetry, older appliances, and basic fixtures consistent with mid-to-late 20th-century styling. While the property is well-maintained for its use as a working ranch and rental complex, it lacks modern renovations, and the overall condition reflects its 50-year age with typical wear and tear.
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 = 353272, living area = 1608.
- Versatile Commercial Permits
The property boasts rare and valuable use permits for equestrian training, boarding for up to 300 guests, a veterinary clinic, and an inpatient addiction treatment center, offering diverse business opportunities.
- Immediate Rental Income
With five legal residences currently generating approximately $9,400 per month in rental income on month-to-month tenancies, the property provides significant cash flow to offset ownership costs.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 7.
- Aging Infrastructure
Built in 1972, the residential structures and some facility components may require modernization or capital improvements to meet contemporary standards and maximize efficiency.
- Management Intensity
The combination of five separate residential tenancies and a large-scale equestrian operation requires significant management oversight and ongoing maintenance coordination.
About 411 Highland Avenue
Welcome to the site of natural horsemanship training and clinics since 1985 by a world renown Horse Trainer. The property holds use permits for equestrian training, boarding & clinics for up to 300 guests, as well as the operation of an Equestrian Veterinary Clinic with Use Consistency Determination for Equine Therapy Inpatient Addiction Treatment Center. Facility amenities include a partially covered arena approximately 70' x 180' with sand footing, 40' covered round pen, heated classroom, 30 stalls, nine equipped with video monitoring, 3 large pastures, 7 turn out paddocks, bulk hay and shavings storage, office, laundry room & public restroom. 2 Wells, AG and residential electric meters. The five legal residences are currently occupied, producing approximately $9,400/month in rental income, on MTM tenancy. Close to Cotati and down town Penngrove, Sonoma State University and Highway 101. With its enviable legacy, premiere location, and functional equestrian amenities, this Ranch is the perfect place to begin your equestrian adventure!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1972
- Lot Size
- 353,272 Sq. Ft.
Interior
- Total Bedrooms
- 2
- 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 13% |
| Baths | 2.0 | 2.5 | 50% |
| Square foot | 1,608 | 1,927 | 19% |
| Lot Size | 353,272 | 59,677.5 | 88% |
| Price | $3.00M | $1.37M | 88% |
| Price per sq ft | $1.9K | $641 | 94% |
| Built year | 1972 | 1979 | 44% |
| HOA | $0 | $0 | 50% |
| Days on market | 180 | 165 | 69% |
Pricing History
Listed for Sale
Sep 8, 2025
$2,995,000
Initial Listing