
Petaluma, CA 94952
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $840,000—positioned well below the $893,700 Fair Market Value by 6%. This valuation gap offers $53,700 in Instant Equity for the buyer. Featuring a 2024 Construction with an Excellent Condition Rating, this home includes Owned Solar and a Private Deck with Distant Hill Views. Ideally located in Midtown Petaluma, this property is the perfect fit for first-time buyers or owner-occupants seeking a modern, low-maintenance lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 48 Riverbend Lane Subject 3 bd · 3 ba · 1,268 sqft · $622 | $789,000* List Price | 3 | 3 | 1,268 | $622 | - |
A 930 Martin Circle Pending 3 bd · 3 ba · 1,452 sqft · $481 · 0.5 mi | $699,000 List Price | 3 | 3 | 1,452 | $481 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This is a brand new 2024 construction in mint condition. It features modern high-end finishes, a contemporary kitchen with Bosch stainless steel appliances, energy-efficient systems, and owned solar, requiring zero maintenance.
Built in 2024, this home features owned solar panels and energy-efficient construction, providing significant utility savings and the peace of mind of low-maintenance, nearly new systems.
The property is ideally situated in Midtown Petaluma, offering convenient access to parks, schools, and the vibrant historic downtown district known for its boutiques and dining.
The open-concept layout is complemented by contemporary finishes, a stylish kitchen with stainless steel appliances, and abundant natural light, making it perfect for modern lifestyles.
At 1,268 square feet for a three-bedroom residence, the living spaces and bedrooms may feel somewhat constrained for families requiring more expansive indoor areas.
The 2,696 square foot lot offers minimal outdoor space, which may be a drawback for buyers seeking a large backyard for gardening, play, or extensive outdoor entertaining.
A rare opportunity to own a truly turnkey, nearly new Petaluma home FULLY FURNISHED, with OWNED SOLAR, current PG&E costs of approximately $20 per month or less, and downtown Petaluma just an approximately 15-minute walk from your front door! Built in 2024, this single-family attached home combines modern design, energy efficiency, and an exceptional Midtown location. Thoughtfully constructed with an approximately 6-inch separation between the neighboring residence, the design helps reduce sound transfer and provides an added sense of privacy. From home, enjoy a beautiful creek-side walk into the heart of downtown Petaluma, where you'll be surrounded by fantastic restaurants, local boutiques, shopping, breweries, coffee shops, and year-round community events. Inside, contemporary finishes, abundant natural light, and an inviting open-concept layout create the perfect setting for both everyday living and entertaining. The stylish kitchen features modern cabinetry, quality countertops, and stainless steel appliances, while the primary suite offers a relaxing retreat. Additional bedrooms provide flexibility for guests, a home office, or growing needs. With nearly new construction, newer systems, owned solar, furnishings included, and convenient access to parks, schools, shopping, dining, and commuter routes, 48 Riverbend Ln. offers the chance to simply unpack, settle in, and start enjoying the Petaluma lifestyle from day one.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.4 |
| Baths | 3.0 | 2.5 |
| Square foot | 1,268 | 1,792.34 |
| Lot Size | 2,696 | 6,300.582 |
| Price | $789.0K | $939.8K |
| Price per sq ft | $622 | $548 |
| Built year | 2024 | 1974 |
| HOA | $224 | $134 |
| Days on market | 123 | 35 |
Sep 29, 2026
$789,000
$799,000
-1% Price Drop
Initial Listing
Aug 6, 2026
$799,000
$820,000
-3% Price Drop
Initial Listing
Jul 7, 2026
$820,000
$840,000
-2% Price Drop
Initial Listing
Jun 23, 2026
$840,000
Initial Listing
Feb 28, 2025
$834,000
Public Record