66 Rio Vista Way, Petaluma, CA 94952, Petaluma, 94952 - 3 bed, 1 bath
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Petaluma, CA 94952
This Midtown West Petaluma Fixer-Upper is a strategic value-add asset with a List Price of $549,999. While the current Fair Market Value is $495,556, the property offers significant forced appreciation potential, supported by area comparable sales exceeding $665,000. Holding a Condition Rating of 5, the 994 sqft residence requires a full-scale restoration but provides a blank canvas on a 5,001 sqft lot with a private patio. This is a high-upside opportunity for Fix-and-Flip Investors or Contractors looking to build equity in a premium Petaluma neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 66 Rio Vista Way Subject | $549,999* List Price | 3 | 1 | 994 | $499 | - |
A 55 Burlington Drive Sold | $665,000 | 3 | 2 | 1,144 | $581 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
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it as a blank canvas for investors or contractors, indicating that the kitchen, bathroom, and major systems are likely outdated or in disrepair and require substantial rehabilitation to meet modern living standards.
Situated in the highly sought-after Midtown West Petaluma area, this property offers a central and convenient location with strong long-term value.
The property serves as a blank canvas for investors or contractors to build significant sweat equity through a custom renovation and modernization.
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.
The home is in need of significant TLC and updates, requiring a buyer with the budget and vision to handle a full-scale restoration.
With under 1,000 square feet and only one bathroom for three bedrooms, the current layout may feel cramped for modern family living standards.
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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 3.0 | 12% |
| Square foot | 994 | 2,024 | 8% |
| Lot Size | 5,001 | 6,856.34 | 31% |
| Price | $550.0K | $1.09M | 12% |
| Price per sq ft | $553 | $564 | 47% |
| Built year | 1950 | 1978 | 39% |
| HOA | $0 | $0 | 50% |
| Days on market | 115 | 195 | 10% |
Feb 19, 2026
$549,999
Initial Listing