965 Phillips Avenue, Petaluma, CA 94952, Petaluma, 94952 - 3 bed, 2 bath
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965 Phillips Avenue
Petaluma, CA 94952
ACTIVE
CONDITION: GOOD
3Beds
2Baths
1,420Sq Ft
5,850Lot Size
Property Price
LIST PRICE$1,175,000
EST. MARKET VALUE
$1,057,475
11% AboveMARKET VALUE
SUMMARY
This Turnkey Single-Family Residence is a High-Potential Investment Opportunity, listed at $1,175,000—positioned above the $1,057,475 Fair Market Value. While priced at a premium, the property features a Permitted ADU and a Condition Rating of 3, offering immediate utility for multi-generational living or rental income. Located in a prime West Petaluma neighborhood near Grant Elementary School, the home provides a rare, move-in-ready lifestyle. This versatile asset is an ideal acquisition for Owner-Occupants seeking a house-hack or Buy-and-Hold Investors targeting high-demand rental markets.
Estimated Market Value
$1,057,475
Based on Realkey algorithm analyzing recent comparable sales in Petaluma.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 965 Phillips Avenue Subject 3 bd · 2 ba · 1,420 sqft · $745 | $1,175,000* List Price | 3 | 2 | 1,420 | $745 | - |
A 1036 Mcnear Avenue Sold 3 bd · 2 ba · 1,516 sqft · $670 · 0.2 mi | $1,016,000 | 3 | 2 | 1,516 | $670 | 0.2 mi |
B 956 Phillips Avenue Sold 2 bd · 2 ba · 1,658 sqft · $724 · 0.0 mi | $1,200,000 | 2 | 2 | 1,658 | $724 | 0.0 mi |
C 925 5th Street Sold 3 bd · 2 ba · 1,503 sqft · $665 · 0.5 mi | $1,000,000 | 3 | 2 | 1,503 | $665 | 0.5 mi |
D 13 El Rose Drive Sold 3 bd · 1 ba · 1,211 sqft · $851 · 0.9 mi | $1,030,000 | 3 | 1 | 1,211 | $851 | 0.9 mi |
E 617 G Street Sold 3 bd · 2 ba · 1,983 sqft · $711 · 0.6 mi | $1,410,000 | 3 | 2 | 1,983 | $711 | 0.6 mi |
F 957 Mcnear Avenue Pending 4 bd · 2 ba · 1,546 sqft · $644 · 0.1 mi | $995,000 List Price | 4 | 2 | 1,546 | $644 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although originally built in 1955, the property is in turnkey condition following a recent refresh. The kitchen features updated stone countertops, stainless steel appliances, and modern subway tile backsplash. The interior shows well-maintained hardwood floors, recessed lighting, and fresh paint throughout. The inclusion of a permitted ADU conversion suggests that electrical and structural systems have been updated to meet modern standards, making it move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- Permitted ADU
The property includes a permitted garage-converted ADU, providing exceptional versatility for rental income, a private home office, or multi-generational living arrangements.
- Turnkey Condition
This single-level residence is move-in ready, featuring fresh interior and exterior paint and a refreshed floor plan that appeals to modern buyers seeking a low-maintenance transition.
- Prime West Petaluma Location
Situated in a highly desirable neighborhood near the coveted Grant Elementary School and minutes from downtown, the home offers premium access to top-tier dining, shopping, and entertainment.
CONSRISKS & DEFICIENCIES
- Lack of Covered Parking
Because the garage was converted into an ADU, the property lacks traditional covered parking or enclosed storage, which may be a drawback for buyers with multiple vehicles.
- Modest Lot Size
At 5,850 square feet, the lot size is relatively compact for the area, especially when considering the footprint of both the main house and the ADU, limiting private outdoor yard space.
About 965 Phillips Avenue
West Petaluma. Turnkey w/ ADU. Welcome to 965 Phillips Avenue, where location, convenience and versatility come together in desirable West Petaluma. This beautifully refreshed single-level home offers 3 bedrooms and 2 baths with a comfortable, easy-living floor plan designed for today's lifestyle. Fresh interior and exterior paint gives the home a crisp, move-in-ready feel simply unpack and start enjoying. Adding even more value is the permitted garage converted ADU, providing wonderful flexibility for extended family, guests, a private home office or potential rental income. Opportunities like this are increasingly hard to find, particularly in such a sought-after West Petaluma location. Ideally situated close to coveted Grant Elementary School and just minutes from vibrant downtown Petaluma, with its restaurants, cafs, shopping and entertainment. A rare combination of single-level living, turnkey condition, an ADU and a fantastic location. Move right in and make 965 Phillips Avenue your new home.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1955
- Lot Size
- 5,850 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 |
|---|---|---|
| Beds | 3.0 | 3.4 |
| Baths | 2.0 | 2.5 |
| Square foot | 1,420 | 1,792.34 |
| Lot Size | 5,850 | 6,300.582 |
| Price | $1.18M | $939.8K |
| Price per sq ft | $827 | $548 |
| Built year | 1955 | 1974 |
| HOA | $0 | $134 |
| Days on market | 11 | 35 |
Pricing History
Listed for Sale
Oct 13, 2026
$1,175,000
Initial Listing
Sold
Nov 5, 2008
$599,000
Public Record
Sold
Sep 12, 2008
$450,000
Public Record