498 Santa Alicia Drive, Rohnert Park, CA 94928, Rohnert Park, 94928 - 2 bed, 2 bath
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Rohnert Park, CA 94928
This 2BD/1.5BA Townhouse represents a Strong Value Opportunity, listed at $349,000—positioned well below the $331,712 Fair Market Value by -5%. While the property is in Fair Condition Rating (4/10), it features newer carpet and paint, offering a clean slate for modernization. Its strategic location near the SMART Train and SSU provides high rental demand, while the HOA covers essential utilities. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a functional, well-located asset with significant upside potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 498 Santa Alicia Drive Subject | $349,000* List Price | 2 | 2 | 1,024 | $324 | - |
A 748 Racquet Club Circle Sold | $385,000 | 2 | 2 | 1,162 | $331 | 0.7 mi |
B 641 Racquet Club Circle Sold | $380,000 | 2 | 2 | 1,162 | $327 | 0.5 mi |
C 21 Avram Avenue Sold | $339,000 | 2 | 2 | 912 | $372 | 0.4 mi |
D 1208 Capri Way Sold | $450,000 List Price | 2 | 1 | 1,048 | 1.0 mi | |
E 580 Santa Alicia Drive Active | $369,000 List Price | 2 | 2 | 1,024 | $360 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1978, the property is over 45 years old. While it features newer carpet and interior paint, the bathroom fixtures and overall aesthetic are dated (likely >20 years old). It is functional and move-in ready but requires modernization of core areas like the bathrooms and likely the kitchen to meet modern standards.
The property boasts excellent proximity to the SMART Train, Sonoma State University, and Highway 101, offering high appeal for commuters and students alike.
Featuring newer carpet and fresh interior paint, the townhouse provides a clean, updated aesthetic that reduces immediate post-purchase renovation costs.
The association dues include essential utilities such as water, sewer, and garbage, alongside access to community amenities like a pool and clubhouse, simplifying monthly budgeting.
The $540 monthly HOA fee is relatively high compared to the listing price, which may impact overall affordability and financing qualifications for some buyers.
With only 1.5 bathrooms, the layout may be less desirable for families or co-living situations that require two full bathing facilities.
Fantastic 2BD/1.5BA townhouse in desirable Deer Meadow Village! Bright floor plan, private patio, community pool/clubhouse, and convenient access to shopping, dining, SMART Train, SSU, and Hwy 101. Perfect for first-time buyers, investors, or downsizers. Additional features include newer carpet and interior paint and HOA dues include water, sewer and garbage.
No exterior & parking available.
Grades 9-12 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,024 | 1,162 | 13% |
| Lot Size | 767 | 1,219.68 | 13% |
| Price | $349.0K | $380.0K | 47% |
| Price per sq ft | $341 | $331 | 53% |
| Built year | 1978 | 1982 | 27% |
| HOA | $540 | $530 | 60% |
| Days on market | 12 | 226 | 7% |
May 25, 2026
$349,000
Initial Listing