
Petaluma, CA 94952
Analysis of 4898 Bodega Avenue, Petaluma, CA 94952 is currently available with a list price of $1,985,000. 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 Petaluma 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.
Property is moderate renovation needed.
The property was completely rebuilt in 1997, making the structure and systems approximately 27 years old. While functional and well-maintained, the kitchen and bathrooms feature dated finishes from that era, and the overall condition aligns with the 'Fair' criteria requiring modern updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 435600, living area = 981.
The 10-acre property is already split and recorded into two separate 5-acre parcels, offering significant investment flexibility or the opportunity to build an additional residence.
The estate is fully equipped for horse enthusiasts with a professional-grade sand arena, a 1,000 sq/ft dairy barn, multiple run-in sheds with utilities, and high-quality sandy loam footing.
At only 981 square feet, the two-bedroom home is quite small for the price point, which may require a future owner to expand or build a larger primary residence.
The high valuation is heavily weighted toward the land and equestrian infrastructure, potentially limiting the buyer pool to a specific niche rather than general residential buyers.
Beautiful, turn of the previous century'' appx 1918 , 2-bedroom, 2 bath Queen Anne home Completely rebuilt in 1997 on 10 beautiful acres. This inviting property features 10 useable acres which have already been split and recorded into two 5-acre parcels, a huge sand arena, appx 30M X 50M (164 ft X 98 ft) with great drainage, an old Dairy barn, appx 1000 s/f, plus 3 additional sheds, as well as a covered space for a trailer in the back. The Kubota tractor and implements are included with the sale. Also featured are great stalls including two run in sheds connected to separate pastures, both with water and electricity, another, pipe run in shed in front. All the sheds are open and airy, which horses love. most of the stalls have rubber mats as well. The property also features an excellent, deep well, has excellent sandy loam footing for horses, amazing panoramic views, privacy and seclusion, and is located just a short 5 miles to charming Petaluma. An additional feature of the property is its proximity to the Sonoma coast which provides natural cooling for the property, as well as convenient access to awesome riding trails on and near the beach. To my knowledge this unique property has only been on the market one other time in many years. This is a unique opportunity for a new buyer, and It is not to be missed.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 981 | - |
| Lot Size | 435,600 | - |
| Price | $1.99M | $978.8K |
| Price per sq ft | $2.0K | $525 |
| Built year | 1918 | 0 |
| HOA | $0 | $0 |
| Days on market | 23 | 38 |
Jun 29, 2026
$1,985,000
Initial Listing
Apr 4, 1997
$267,000
Public Record