477 Orchard Lane, Penngrove, CA 94951, Penngrove, 94951 - 5 bed, 3 bath
477 Orchard Lane
Penngrove, CA 94951
Property Price
SUMMARY
Analysis of 477 Orchard Lane, Penngrove, CA 94951 reveals a Prime Investment Opportunity with a current list price of $1,495,950—significantly undercutting the $1,652,189 Fair Market Value by 9%. This valuation gap indicates a +$156,239 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 477 Orchard Lane Subject | $1,495,950* List Price | 5 | 3 | 2,811 | $588 | - |
A 590 Elysian Avenue Sold | $1,265,000 | 3 | 2 | 1,887 | $670 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Although originally built in 1948, the property has undergone extensive renovations and is in move-in ready condition. The kitchens feature modern stainless steel appliances, stone countertops, and updated cabinetry. Bathrooms have been modernized with contemporary tile work and fixtures. The presence of recessed lighting, refinished hardwood floors, and modern ductless mini-split HVAC systems indicates significant updates to major systems and finishes within the last 5 to 15 years, meeting the criteria for a 'good' condition rating.
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 = 39566, living area = 2811.
- Multi-Unit Versatility
The property features two detached single-family homes plus an additional apartment, offering unparalleled flexibility for multi-generational living, guest housing, or significant rental income potential.
- Expansive Acreage
Situated on nearly one acre of beautifully landscaped land with mature redwood trees, providing a private, serene, and rare rural setting within Penngrove.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2811, other record living area = 1843. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
- Aging Infrastructure
With the original structure dating back to 1948, the property may require ongoing maintenance or updates to core systems to meet modern energy efficiency and building standards.
- Limited Bathroom Ratio
The configuration of only three bathrooms to serve five bedrooms across three separate living units may be insufficient for high-occupancy use or premium rental demands.
About 477 Orchard Lane
473-477 Orchard Ln., Penngrove, CA 94951 Unique residential opportunity featuring two detached single-family homes. one with an attached 500 ft. plus or minus apartment. This.home sits on approximately 1 beautifully laid-out acre. Thoughtfully designed and well maintained, this property provides exceptional flexibility for multi-generational living, guest accommodations, rental income, or live-work potential. A rare combination of land, versatility, and income opportunity in one cohesive setting. There's a few really beautiful redwood trees as well. This is a great setting.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1948
- Lot Size
- 39,566 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 3 (3 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 | 5.0 | 3.0 | 75% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,811 | 2,023 | 63% |
| Lot Size | 39,566 | 56,846 | 31% |
| Price | $1.50M | $1.37M | 69% |
| Price per sq ft | $532 | $608 | 38% |
| Built year | 1948 | 1979 | 25% |
| HOA | $0 | $0 | 50% |
| Days on market | 61 | 165 | 6% |
Pricing History
Listed for Sale
Jan 5, 2026
$1,495,950
Initial Listing
Sold
Oct 18, 2022
$900,000
Public Record
Sold
Jul 3, 2008
$555,000
Public Record