635 Goodwin Avenue, Penngrove, CA 94951, Penngrove, 94951 - 3 bed, 2 bath
635 Goodwin Avenue
Penngrove, CA 94951
Property Price
SUMMARY
Analysis of 635 Goodwin Avenue, Penngrove, CA 94951 reveals a Prime Investment Opportunity with a current list price of $1,550,000—significantly undercutting the $1,652,339 Fair Market Value by 6%. This valuation gap indicates a +$102,339 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Penngrove 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 |
|---|---|---|---|---|---|---|
★ 635 Goodwin Avenue Subject | $1,550,000* List Price | 3 | 2 | 2,200 | $751 | - |
A 509 Phillips Drive Sold | $1,550,000 | 3 | 6 | 2,108 | $735 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is presented in move-in condition with significant maintenance updates, including newer roofs on both the main residence and the detached studio cottage. Although originally built in 1911, the home features well-maintained interiors, a functional 'traditional' kitchen, and clean bathrooms that do not require immediate renovation. The systems appear functional and the overall quality of the two-acre lot and secondary dwelling adds to the property's well-maintained status.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 89298, living area = 2200.
- Multi-Unit Versatility
The property features a detached 550 sq ft studio cottage with its own fenced yard, offering excellent potential for rental income, a guest house, or multi-generational living.
- Expansive Usable Acreage
Situated on two flat, usable acres, the lot provides rare and versatile space for agricultural pursuits, outdoor entertaining, or future expansion in a desirable Sonoma County location.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =89298, other record lot size in square feet = 78408.
- Recently Sold Property
The property was recently sold within the past year on 2025-07-23. The sold price is $915,000.00.
- Historic Infrastructure
Originally built in 1911, the property may require more intensive long-term maintenance or updates to century-old systems compared to newer residential constructions.
About 635 Goodwin Avenue
Welcome to 635 Goodwin Avenue, Penngrove This property offers a total of 2,200 sq ft of living space with a single-level 3-bedroom, 2-bath main home and a detached 550 sq ft studio cottage on two flat usable acres. Both dwellings are in move-in condition. The main home exudes warmth and comfort with a cozy wood-burning fireplace and a traditional kitchen perfect for cooking and gathering. The cottage, complete with its own fenced yard, offers the ideal setup for extended family, guests, or income potential adding exceptional versatility to this already special property. A large deck off the back of the main home creates a private retreat for entertaining or relaxing outdoors, surrounded by open skies and peaceful country views. Both homes equipped with newer roofs. Located in the heart of Penngrove a beloved Sonoma County town known for its welcoming community, local events, and charming Main Street this home perfectly balances country living with everyday convenience. You can even stroll to Penngrove's up-and-coming downtown for coffee, pastries, or an evening out. Just minutes from Petaluma's gourmet dining, a short drive to Cotati, and easy access to Highway 101, this location makes commuting to Santa Rosa (14 mi), San Francisco (40 mi), or Wine Country effortless.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1911
- Lot Size
- 89,298 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.5 | 50% |
| Square foot | 2,200 | 2,023 | 56% |
| Lot Size | 89,298 | 59,677.5 | 69% |
| Price | $1.55M | $1.37M | 69% |
| Price per sq ft | $705 | $641 | 63% |
| Built year | 1911 | 1979 | 13% |
| HOA | $0 | $0 | 50% |
| Days on market | 37 | 165 | 6% |
Pricing History
Listed for Sale
Jan 29, 2026
$1,550,000
Initial Listing
Sold
Jul 23, 2025
$915,000
Public Record
Sold
Sep 2, 2004
$815,000
Public Record