
Santa Rosa, CA 95407
This property presents a High-Potential Investment Opportunity with a List Price of $525,000—positioned well below the $530,820 Fair Market Value by 1%. This valuation gap offers $5,820 in Instant Equity. With a Condition Rating of 4, the home is functional but dated, offering significant upside through modernization. The oversized 0.18-acre lot provides exceptional utility for Buy-and-Hold Investors or Contractors, featuring clear potential for ADU development and equipment storage. This is an ideal acquisition for those prioritizing land value and long-term growth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 493 Hearn Avenue Subject | $525,000* List Price | 2 | 1 | 896 | $592 | - |
A 244 Carrington Street Sold | $479,000 | 2 | 1 | 888 | $539 | 1.0 mi |
B 1677 Hearn Avenue Sold | $400,000 | 2 | 1 | 660 | $606 | 0.7 mi |
C 2315 West Ave Pending | $501,000 List Price | 3 | 1 | 1,022 | $490 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1954, the property is functional but dated. The kitchen features oak cabinetry and laminate counters likely from a renovation over 20 years ago. While the home appears well-maintained and move-in ready, the interior finishes, carpet, and visible HVAC ducting in the garage indicate the need for modern updates and system evaluations.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8002, living area = 896.
The oversized 0.18-acre lot provides extensive space for multiple vehicles, RVs, and work trucks, making it an ideal setup for contractors or small business owners needing equipment storage.
The property offers significant potential for the addition of an Accessory Dwelling Unit (ADU), providing a clear path for future rental income or increased property value.
At just 896 square feet with a 2-bedroom, 1-bathroom configuration, the interior footprint is quite compact and may not accommodate growing families or those requiring a home office.
Built in 1954, the home may require updates to its original systems and finishes to meet modern efficiency standards and aesthetic preferences.
Conveniently located 2-bedroom, 1-bath home on a spacious 0.18-acre lot with easy freeway access. The low-maintenance front yard and fully fenced property offer privacy, security, and plenty of usable outdoor space. The oversized lot provides abundant parking for multiple vehicles, an RV, work trucks, or business equipment, making it an excellent opportunity for contractors, small business owners, or anyone needing extra space. There is also potential to add an ADU (buyer to verify with the city).Enjoy outdoor entertaining with a charming former tiki bar, perfect for hosting family and friends. Whether you're looking for your first home room to grow, or a property with income and business potential, this home offers endless possibilities.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 5.0 |
| Baths | 1.0 | 4.0 |
| Square foot | 896 | 4,527 |
| Lot Size | 8,002 | 56,628 |
| Price | $525.0K | $777.5K |
| Price per sq ft | $586 | $488 |
| Built year | 1954 | 1987 |
| HOA | $0 | $95 |
| Days on market | 23 | 55 |
Jun 30, 2026
$525,000
Initial Listing
May 25, 2000
$118,000
Public Record