716 Elm Drive, Petaluma, CA 94952, Petaluma, 94952 - 3 bed, 2 bath

716 Elm Drive, Petaluma, CA 94952 home-pic-0

716 Elm Drive

Petaluma, CA 94952

ACTIVE UNDER CONTRACT
CONDITION: FAIR
3Beds
2Baths
1,388Sq Ft
5,985Lot Size

Property Price

LIST PRICE$899,999
EST. MARKET VALUE
$899,999

SUMMARY

Estimated Market Value

$899,999
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
716 Elm Drive
Subject
$899,999*
List Price
321,388$648-
A
719 Vanessa Way
Sold
$925,000321,548$5980.2 mi
B
851 Western Avenue
Sold
$940,000321,254$7500.9 mi
C
618 Galland Street
Sold
$720,000211,051$6850.5 mi
D
411 Cherry Street
Sold
$905,000431,736$5210.4 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Fair
TeardownExcellent

Property is moderate renovation needed.

Built in 1965 and held by the original family, the home is well-maintained with recent cosmetic updates including fresh interior/exterior paint and new carpeting. However, the kitchen and bathrooms appear to be original or significantly outdated, and the property analysis confirms the need for modernization of major systems and interior finishes to meet current market standards.

PROSSTRENGTHS & OPPORTUNITIES

  • Expansion Potential

    The unfinished basement offers a rare and significant opportunity to increase the home's square footage, create an ADU, or develop a custom hobby space.

  • Prime Location and Views

    Situated in the highly desirable Cherry Valley neighborhood, the property features scenic views of Sonoma Mountain and the quiet charm of an established community.

  • Exceptional Outdoor Living

    The expansive backyard is a standout feature, boasting a covered patio for year-round entertaining and a mature orchard with apple, lemon, peach, and avocado trees.

CONSRISKS & DEFICIENCIES

  • Original 1960s Infrastructure

    While well-maintained with fresh paint and carpet, the home likely requires significant capital investment to modernize the kitchen and bathrooms to current market standards.

  • Modest Interior Square Footage

    With 1,388 square feet of living space, the primary floor plan may feel compact for buyers seeking the open-concept layouts common in newer residential builds.

About 716 Elm Drive

First time on the market. This home has been in the family since it was built in 1965. Charming single story 3 bedroom 2 bath home in desirable Cherry Valley neighborhood. The home boasts a spacious layout with freshly painted interior and exterior and new carpets. Enjoy cozy family gatherings in the large living areas or step outside to the views of Sonoma Mountain on the inviting patio with overhang, perfect for year-round entertaining. The expansive lower backyard is a true highlight, featuring mature fruit trees, including apple, lemon, peach and avocado. Other features include a two-car garage and an unfinished basement with limitless possibilities. Whether you are looking for a home to update with your own style or seeking a peaceful place to enjoy as-is, this property offers endless potential.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1965
Lot Size
5,985 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

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths2.03.0
49%
Square foot1,3881,857
26%
Lot Size5,9857,241.5
32%
Price$900.0K$1.14M
24%
Price per sq ft$648$605
58%
Built year19651960
58%
HOA$0$0
50%
Days on market93166
13%

Pricing History

Listed for Sale

Dec 4, 2025

$899,999

Initial Listing

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