66 Rio Vista Way, Petaluma, CA 94952, Petaluma, 94952 - 3 bed, 1 bath

66 Rio Vista Way, Petaluma, CA 94952 home-pic-0

66 Rio Vista Way

Petaluma, CA 94952

ACTIVE UNDER CONTRACT
CONDITION: POOR
3Beds
1Baths
994Sq Ft
5,001Lot Size

Property Price

LIST PRICE$549,999
EST. MARKET VALUE
$495,556
10% AboveMARKET VALUE

SUMMARY

Analysis of 66 Rio Vista Way, Petaluma, CA 94952 reveals a property with a current list price of $549,999, which is 10% above the estimated $495,556 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. 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 Experienced Investors and Fix-and-Flip Specialists.

Estimated Market Value

$495,556
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
66 Rio Vista Way
Subject
$549,999*
List Price
31994$499-
A
55 Burlington Drive
Sold
$665,000321,144$5810.4 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Poor
TeardownExcellent

Property is extensive renovation needed.

Built in 1950, this property is explicitly marketed as a fixer-upper requiring 'significant TLC' and a 'full-scale restoration.' The listing describes it as a blank canvas for investors or contractors, indicating that the kitchen, bathroom, and major systems are likely outdated or in disrepair and require substantial rehabilitation to meet modern living standards.

PROSSTRENGTHS & OPPORTUNITIES

  • Prime Location

    Situated in the highly sought-after Midtown West Petaluma area, this property offers a central and convenient location with strong long-term value.

  • Equity Growth Potential

    The property serves as a blank canvas for investors or contractors to build significant sweat equity through a custom renovation and modernization.

  • Competitive Entry Price

    Listed at an accessible price point for the Petaluma market, this home provides a rare opportunity to own a detached single-family residence in a premium neighborhood.

CONSRISKS & DEFICIENCIES

  • Extensive Renovation Required

    The home is in need of significant TLC and updates, requiring a buyer with the budget and vision to handle a full-scale restoration.

  • Compact Living Space

    With under 1,000 square feet and only one bathroom for three bedrooms, the current layout may feel cramped for modern family living standards.

About 66 Rio Vista Way

Opportunity awaits in Midtown West Petaluma! This gem is ready for its custom renovation and your personal vision. Situated in an excellent location, this property offers tremendous potential with plenty of room to improve and build equity. This home needs TLC, but the possibilities are endless. Whether you're an experienced investor, contractor, or a buyer ready to create your homes vision, this is your chance to transform potential into reality. Bring your imagination and unlock the value this property has to offer.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1950
Lot Size
5,001 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
1 (1 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

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths1.03.0
14%
Square foot9941,857
6%
Lot Size5,0017,241.5
26%
Price$550.0K$1.14M
1%
Price per sq ft$553$601
39%
Built year19501960
40%
HOA$0$0
50%
Days on market16166
1%

Pricing History

Listed for Sale

Feb 19, 2026

$549,999

Initial Listing

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