635 Goodwin Avenue, Penngrove, CA 94951, Penngrove, 94951 - 3 bed, 2 bath
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Penngrove, CA 94951
This Versatile Country Estate is a Strong Value Opportunity, listed at $1,550,000—positioned well below the $1,652,340 Fair Market Value by 6%. This valuation gap offers $102,340 in Instant Equity for savvy buyers. The property maintains a Good Condition Rating and features a main residence plus a detached 550 sq ft cottage on two flat usable acres with country views. Located walking distance to downtown Penngrove, it balances rural serenity with rental income potential. This is a premier choice for Owner-Occupants or Multi-generational Families.
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.
Property is move-in ready.
The property is in move-in ready condition and has been significantly updated despite its 1911 build date. The interior features well-maintained hardwood floors, recessed lighting, and a functional kitchen with stainless steel appliances and quality wood cabinetry. The listing notes newer roofs on both the main house and the detached cottage, indicating that major systems are being maintained. While the kitchen and bathroom styles appear to be from a renovation approximately 10-15 years ago rather than a brand-new remodel, the overall quality and lack of deferred maintenance place it firmly in the 'Good' category.
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.
The property features a detached 550 sq ft studio cottage with its own fenced yard, providing an excellent opportunity for rental income, a guest house, or multi-generational living.
Situated on two flat, usable acres, this lot offers rare space and privacy in Sonoma County, ideal for gardening, outdoor entertaining, or potential agricultural use.
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.
The property was recently sold within the past year on 2025-07-23. The sold price is $915,000.00.
Built in 1911, the property may have aging systems or structural considerations typical of century-old homes that could require specialized maintenance over time.
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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.5 | 50% |
| Square foot | 2,200 | 2,154 | 50% |
| Lot Size | 89,298 | 141,352 | 50% |
| Price | $1.55M | $1.55M | 50% |
| Price per sq ft | $705 | $720 | 50% |
| Built year | 1911 | 1972 | 17% |
| HOA | $0 | $0 | 50% |
| Days on market | 136 | 263 | 17% |
Jan 29, 2026
$1,550,000
Initial Listing
Jul 23, 2025
$915,000
Public Record
Sep 2, 2004
$815,000
Public Record