585 Sapphire Street, Petaluma, CA 94952, Petaluma, 94952 - 3 bed, 3 bath
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Petaluma, CA 94952
This Modern Turnkey Residence is a Prime Investment Opportunity, listed at $980,000—positioned well below the $1,011,718 Fair Market Value by 3%. This valuation gap provides $31,718 in Instant Equity for the incoming buyer. Boasting an Excellent Condition Rating, the 2022-built home features shaker cabinetry, stone countertops, and wide-plank flooring across a spacious 2,211 sq. ft. layout. With its high-efficiency systems and contemporary finishes, this property offers a seamless transition into the Petaluma lifestyle. It is an ideal acquisition for Owner-Occupants seeking a maintenance-free sanctuary or Buy-and-Hold Investors targeting high-quality assets.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 585 Sapphire Street Subject | $980,000* List Price | 3 | 3 | 2,211 | $458 | - |
A 1805 Alvarado Street Sold | $1,000,000 | 4 | 3 | 2,637 | $379 | 0.4 mi |
B 6 Borazon Court Sold | $926,000 List Price | 3 | 3 | 1,857 | 0.0 mi | |
C 3 Lapis Court Sold | $1,050,000 | 3 | 3 | 2,211 | $475 | 0.1 mi |
D 218 Jacquelyn Lane Sold | $1,225,000 | 4 | 3 | 2,711 | $452 | 0.2 mi |
E 540 Sapphire Street Pending | $1,050,000 List Price | 3 | 3 | 2,211 | $475 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property was built in 2022, placing it well within the 10-year threshold for an excellent rating. The home features modern architectural design and high-quality contemporary finishes, including wide-plank flooring, recessed lighting, and a stylish kitchen with shaker cabinetry, stone countertops, and a marble-patterned backsplash. The presence of protective film on the dishwasher indicates that the appliances and systems are in brand-new condition, offering a completely turn-key experience with no deferred maintenance.
Built in 2022, this home offers the latest in energy efficiency, contemporary building codes, and modern architectural design, ensuring lower maintenance costs for years to come.
With 2,211 square feet of living space for a three-bedroom configuration, the property provides a generous and open floor plan that is ideal for both daily living and entertaining.
As a nearly new residence, the home is in excellent condition with updated finishes throughout, offering a move-in-ready experience without the need for immediate renovations.
The 3,528 square foot lot is relatively compact for a single-family home, which limits private outdoor space and may not appeal to buyers looking for a large backyard.
The property includes a $170 monthly association fee, which adds to the recurring carrying costs and may be a deterrent for buyers seeking a traditional fee-simple residence without oversight.
Exceptional opportunity in Petaluma. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,211 | 1,857 | 61% |
| Lot Size | 3,528 | 6,856.34 | 13% |
| Price | $980.0K | $1.05M | 47% |
| Price per sq ft | $443 | $566 | 21% |
| Built year | 2022 | 1970 | 93% |
| HOA | $170 | $0 | 88% |
| Days on market | 52 | 190 | 4% |
Mar 1, 2026
$980,000
Initial Listing
Aug 1, 2022
$926,822
Public Record