582 Maria Drive, Petaluma, CA 94954, Petaluma, 94954 - 2 bed, 2 bath
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582 Maria Drive
Petaluma, CA 94954
ACTIVE
CONDITION: GOOD
2Beds
2Baths
1,173Sq Ft
5,001Lot Size
Property Price
LIST PRICE$649,000
EST. MARKET VALUE
$667,973
SUMMARY
This Turnkey Single-Family Residence represents a Prime Investment Opportunity, listed at $649,000—positioned well below the $667,973 Fair Market Value by 2%. This valuation gap provides $18,973 in Instant Equity. Featuring a Condition Rating of 3, the home offers modern upgrades including new flooring and a remodeled primary bath. Residents enjoy access to a community pool, spa, and tennis courts within the sought-after Morningstar neighborhood. This property is an ideal acquisition for first-time buyers or owner-occupants seeking a move-in ready home in East Petaluma.
Estimated Market Value
$667,973
Based on Realkey algorithm analyzing recent comparable sales in Petaluma.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 582 Maria Drive Subject | $649,000* List Price | 2 | 2 | 1,173 | $569 | - |
A 1455 Capri Avenue Sold | $649,000 | 3 | 2 | 1,368 | $474 | 0.3 mi |
B 1617 Northstar Drive Sold | $710,000 | 3 | 3 | 1,421 | $500 | 0.1 mi |
C 1417 E Madison Street Sold | $707,000 | 3 | 2 | 1,056 | $670 | 0.9 mi |
D 1610 Northstar Drive Sold | $760,000 | 3 | 3 | 1,467 | $518 | 0.1 mi |
E 1702 Northstar Drive Pending | $749,000 List Price | 3 | 2 | 1,086 | $690 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 1984, the property features recent renovations (<5 years) including new luxury vinyl plank flooring, fresh paint, new kitchen appliances, and a remodeled primary bathroom. While move-in ready and well-maintained, the presence of popcorn ceilings and a window AC unit indicates that not all systems and finishes have been modernized to 'Excellent' standards.
PROSSTRENGTHS & OPPORTUNITIES
- Recent Modern Upgrades
The home is move-in ready featuring new luxury vinyl plank flooring, fresh interior paint, new kitchen appliances, and a beautifully remodeled primary bathroom.
- Desirable Community Amenities
Located in the sought-after Morningstar neighborhood, residents benefit from access to a pool, spa, tennis courts, and greenbelts for a low $80 monthly HOA fee.
- Low-Maintenance Single-Level Living
The functional single-story layout paired with low-maintenance landscaping and a newer concrete patio offers an ideal setup for effortless everyday living.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.
- Limited Bedroom Count
With only two bedrooms, the property may have limited appeal for larger families or buyers requiring multiple dedicated home office spaces.
- Compact Square Footage
At 1,173 square feet, the interior living space is relatively modest, which may feel restrictive for those accustomed to larger suburban footprints.
About 582 Maria Drive
Thoughtfully updated and move in ready, 582 Maria Drive offers comfortable single level living in Petaluma's desirable Morningstar neighborhood. Set on a low maintenance 5,000 square foot lot, the home features 2 bedrooms, 2 bathrooms, and 1,173 square feet of inviting living space. Recent upgrades include all new luxury vinyl plank flooring, fresh interior paint, all new kitchen appliances, and a beautifully remodeled primary bathroom. The functional floor plan offers comfortable living and dining spaces with plenty of natural light throughout. Outdoors, a newer concrete patio extends through the backyard and side yard, creating an easy space for outdoor dining, entertaining, or simply relaxing at home. Both the front and backyard feature low maintenance landscaping, making this property ideal for those looking for easy everyday living. Morningstar is one of Petaluma's most sought after communities, with access to a neighborhood pool, spa, tennis courts, greenbelt, and park. Scenic trails, Leghorn Park, schools, shopping, dining, and everyday conveniences are all nearby. Freshly updated and ready for its next chapter, 582 Maria Drive presents a wonderful opportunity to find your place in the heart of East Petaluma and make this special home your own.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1984
- Lot Size
- 5,001 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $80 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.3 |
| Baths | 2.0 | 2.7 |
| Square foot | 1,173 | 1,819.93 |
| Lot Size | 5,001 | 6,258.866 |
| Price | $649.0K | $911.4K |
| Price per sq ft | $553 | $555 |
| Built year | 1984 | 1974 |
| HOA | $80 | $127 |
| Days on market | 9 | 36 |
Pricing History
Listed for Sale
Aug 31, 2026
$649,000
Initial Listing
Sold
Feb 28, 1997
$161,000
Public Record