
Santa Rosa, CA 95407
This property presents a High-Potential Investment Opportunity with a List Price of $489,900—positioned well below the $504,778 Fair Market Value by 2%. This valuation gap offers $14,878 in Instant Equity for buyers. Featuring a Fair Condition Rating, the home includes a garage conversion providing a fourth bedroom and second bath. While the property requires cosmetic updates, its prime location near commuter routes makes it a strategic asset. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking value-add potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 576 Cottonwood Drive Subject | $489,900* List Price | 4 | 2 | 1,498 | $337 | - |
A 792 Liana Drive Sold | $400,000 | 3 | 1 | 1,088 | $368 | 0.6 mi |
B 733 Leo Drive Pending | $549,000 List Price | 3 | 2 | 1,360 | $404 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1959, this property is significantly dated. The kitchen features older painted cabinetry, laminate countertops, and basic tile flooring that appear to be over 20 years old. While the home is functional and includes a garage conversion, it requires cosmetic updates and likely system inspections due to its age and the 'investor opportunity' description.
Listed at $489,900, significantly below its 2022 sale price of $600,000, this property offers substantial equity potential for investors or first-time buyers.
The garage conversion into a fourth bedroom and second full bath provides additional square footage and versatility for multi-generational living or a home office.
Conveniently situated near major commuter routes, shopping, dining, and schools, the property offers high accessibility within the Santa Rosa area.
The conversion of the garage into living space eliminates traditional enclosed parking and internal storage, which may be a drawback for some buyers.
Marketed as an 'opportunity' with a price reflecting its condition, the 1959-built home likely requires updates or repairs to meet modern standards.
Opportunity awaits! One of the best values on the market! Great potential for both homeowners and investors! Conveniently situated near shopping, dining, parks, schools and major commuter routes. This single-story home includes a large fourth bedroom and full bath garage conversion, offering flexible living arrangements. The spacious backyard offers plenty of room for gardening, entertaining, and relaxing. Includes a large storage shed.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,498 | 1,641.729 |
| Lot Size | 6,007 | 7,704.467 |
| Price | $489.9K | $769.4K |
| Price per sq ft | $327 | $501 |
| Built year | 1959 | 1982 |
| HOA | $0 | $133 |
| Days on market | 5 | 45 |
Sep 4, 2026
$489,900
Initial Listing
Apr 13, 2022
$600,000
Public Record
Oct 20, 2015
$385,000
Public Record
Feb 24, 2012
$183,000
Public Record
Sep 20, 2000
$219,000
Public Record