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

591 Madison Street, Petaluma, CA 94952 home-pic-0

591 Madison Street

Petaluma, CA 94952

ACTIVE
CONDITION: EXCELLENT
4Beds
4Baths
2,078Sq Ft
3,197Lot Size

Property Price

LIST PRICE$1,099,000
EST. MARKET VALUE
$1,052,928
4% AboveMARKET VALUE

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

$1,052,928
Based on Realkey algorithm analyzing recent comparable sales in Petaluma.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
591 Madison Street
Subject
$1,099,000*
List Price
442,078$507-
A
65 Riverbend Lane
Sold
$1,092,000442,078$5260.0 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

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

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.03.0
63%
Baths4.03.0
90%
Square foot2,0781,870.5
57%
Lot Size3,1977,241.5
9%
Price$1.10M$1.14M
45%
Price per sq ft$529$601
33%
Built year20231960
96%
HOA$238$0
96%
Days on market30166
1%

Pricing History

Listed for Sale

Feb 5, 2026

$1,099,000

Initial Listing

Sold

Jun 24, 2024

$1,136,822

Public Record

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