
Cloverdale, CA 95425
This property presents a High-Potential Investment Opportunity with a List Price of $985,000—positioned above the $918,223 Fair Market Value by 7%. While currently configured as a preschool, the R-2 Zoning and expansive 39,000 sqft lot offer significant development potential for subdivision or multi-unit expansion. With a Condition Rating of 4, the home requires interior reconfiguration to restore its residential utility. This asset is ideal for Real Estate Developers or Value-Add Investors seeking a versatile, large-scale project in Cloverdale.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 530 N Cloverdale Boulevard Subject | $795,000* List Price | 3 | 1 | 2,242 | $350 | - |
A 308 Toscana Circle Active | $950,000 List Price | 5 | 4 | 2,641 | $360 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Originally built in 1880, the property has undergone renovations to function as a licensed preschool, including the addition of fire sprinklers, AC, and modern LVP flooring. While functional and maintained for its current use, the interior is dated for residential purposes, the bathrooms are configured for children, and the exterior wooden ramps/decks show significant weathering, requiring updates to return the home to a standard single-family residence.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 39000, living area = 2242.
The expansive 39,000 sqft lot combined with R-2 zoning provides a rare opportunity for subdivision or the addition of multiple residential units in a desirable location.
This 1880s home maintains its historic charm while featuring critical modern upgrades such as fire sprinklers throughout and air conditioning in both the main house and the classroom building.
The interior has been modified for school use and contains only one bathroom for 2,242 sqft, necessitating significant renovation to restore a standard residential layout.
With over 350 days on the market, the property may face buyer hesitation or require a strategic price adjustment to overcome its current niche configuration.
Easy Showings, M-F after 5:30 pm, weekends and holidays, any time. Full basement. Fire Sprinklers throughout. Main structure has air conditioning. Air conditioning in the adjacent school building as well. Wonderful 1880's home on almost 1 acre near downtown Cloverdale. Currently licensed by State as a pre-school and being used as same. Home had been renovated to accommodate the school usage. Zoning (R-2) allows a multitude of residential uses. Seems simple to return to single family home. Parcel size and zoning allows more units and possibly subdivision into multiple lots. Quality classroom building with bathroom facilities a used as part of the school/daycare. Parcel size and shape seems to allow for subdivision of the parcel into multiple lots or simply the addition of more residential units. Check with City of Cloverdale regarding Zoning Uses and subdivision possibilities.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.8 |
| Baths | 1.0 | 2.0 |
| Square foot | 2,242 | 1,739.714 |
| Lot Size | 39,000 | 10,406.5 |
| Price | $795.0K | $689.9K |
| Price per sq ft | $355 | $443 |
| Built year | 1880 | 1978 |
| HOA | $0 | $340 |
| Days on market | 427 | 51 |
Jul 3, 2026
$795,000
$985,000
-19% Price Drop
Initial Listing
Jul 9, 2025
$985,000
Initial Listing
Mar 1, 2019
$485,500
Public Record
Feb 28, 2006
$975,000
Public Record
Nov 6, 1995
$275,000
Public Record