591 Madison Street, Petaluma, CA 94952, Petaluma, 94952 - 4 bed, 4 bath

591 Madison Street
Petaluma, CA 94952
Property Price
SUMMARY
Analysis of 591 Madison Street, Petaluma, CA 94952 reveals a property with a current list price of $1,099,000, which is 4% above the estimated $1,052,928 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Petaluma Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 591 Madison Street Subject | $1,099,000* List Price | 4 | 4 | 2,078 | $507 | - |
A 65 Riverbend Lane Sold | $1,092,000 | 4 | 4 | 2,078 | $526 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This property was built in 2023, making it virtually new and well within the 10-year threshold for an excellent rating. The listing features high-end modern finishes including a gourmet kitchen with quartz countertops and induction cooking, premium flooring, and custom tilework. Energy systems are state-of-the-art with owned solar (NEM 2.0) and dual EV charging outlets. The home is meticulously maintained with no deferred maintenance, featuring a professionally designed low-maintenance backyard and a separate attached ADU, representing the highest standard of move-in readiness.
PROSSTRENGTHS & OPPORTUNITIES
- Attached ADU Potential
The inclusion of a 278 sq ft attached ADU provides exceptional versatility for rental income, a private home office, or multi-generational living, a rare find in new developments.
- Superior Energy Savings
The fully owned solar system on the grandfathered NEM 2.0 program offers significantly higher energy credits and long-term utility savings compared to current builder standards.
- High-End Custom Finishes
Beyond standard builder grade, the home features premium upgrades including induction cooking, quartz countertops, custom tilework, and professional hardscaping for a truly turnkey experience.
CONSRISKS & DEFICIENCIES
- Compact Lot Size
The 3,197 sq ft lot is relatively small, resulting in a low-maintenance backyard that lacks the traditional lawn or garden space some suburban buyers may expect.
- Monthly Association Fees
The $238 monthly HOA fee adds a recurring cost to the ownership profile that is not present in many established Petaluma neighborhoods.
About 591 Madison Street
Located in the newly completed Riverbend community (2023), this meticulously maintained 3-bedroom, 2.5-bath residence offers approximately 1,800 sq ft of thoughtfully upgraded living space, along with a 278 sq ft attached ADU, currently the only home available in the development. Designed well beyond standard builder offerings, the home showcases significant upgrades and custom finishes throughout. The gourmet kitchen features quartz countertops, custom tilework, induction cooking, and carefully selected enhancements that elevate both everyday functionality and entertaining. Energy efficiency and long-term savings are built in with a fully OWNED solar system on NEM 2.0, providing substantially more favorable energy credits than current NEM 3.0 programs. A finished garage, extended driveway and walkway, and two electric vehicle charging outlets add convenience and flexibility. The professionally designed, low-maintenance backyard was created for privacy and simple outdoor living, offering custom hardscape and a clean feel without the upkeep. Inside, semi-custom closet systems, heavy-duty garage storage racks, and permanent concrete walkways surrounding the home reflect the level of detail and care invested throughout. Meticulously maintained and cleaned weekly, this home combines modern efficiency, completed upgrades, and true move-in readiness, without the added expense or wait of starting from scratch.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2023
- Lot Size
- 3,197 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $238 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 63% |
| Baths | 4.0 | 3.0 | 90% |
| Square foot | 2,078 | 1,870.5 | 57% |
| Lot Size | 3,197 | 7,241.5 | 9% |
| Price | $1.10M | $1.14M | 45% |
| Price per sq ft | $529 | $601 | 33% |
| Built year | 2023 | 1960 | 96% |
| HOA | $238 | $0 | 96% |
| Days on market | 30 | 166 | 1% |
Pricing History
Listed for Sale
Feb 5, 2026
$1,099,000
Initial Listing
Sold
Jun 24, 2024
$1,136,822
Public Record























































