Active

$1,600,000

355 Formschlag Lane, Penngrove, CA 94951

2beds

962sqft

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Single Family Residence

Built in 1920

30.16 Acres Lot

$1,494,300 Zestimate^®

$1,663/sqft

$-- HOA

What's special

Gated entranceExpansive acreage

Discover the incredible potential of this private 30.16-acre property located at the end of a quiet road behind a gated entrance. Featuring a 2-bedroom, 1-bath home ready for a remodel, this property is the perfect opportunity for investors, developers, contractors, or buyers looking to create their dream estate from the ground up. The expansive acreage offers endless possibilities build a stunning new custom home with an attached ADU, detached ADU, and large barn, or explore the opportunity to subdivide the property into six separate lots. With privacy, usable land, and development potential all in one rare offering, this is your chance to bring a vision to life in a truly special setting.

50 days

676

33

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1

Bedroom

Level: Main

Heating

Other

Cooling

None

Appliances

Laundry: Other

Features

Basement: None
Has fireplace: No

Interior area

Total structure area: 962
Total interior livable area: 962 sqft

Property

Parking

Parking features: Other

Features

Stories: 1

Lot

Size: 30.16 Acres
Features: Private

Details

Parcel number: 047061006000
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Condition

Year built: 1920

Utilities & green energy

Sewer: Septic Tank
Water: Well
Utilities for property: Other

Community & HOA

HOA

Has HOA: No

Location

Region: Penngrove

Financial & listing details

Price per square foot: $1,663/sqft
Tax assessed value: $1,235,817
Annual tax amount: $14,576
Date on market: 5/26/2026

Estimated market value

$1,494,300

$1.40M - $1.57M

$2,652/mo

Price history

Date	Event	Price
5/26/2026	Listed for sale	$1,600,000-3.6%$1,663/sqft
Source: BAREIS #326022419 Report a problem
4/3/2006	Sold	$1,659,000$1,725/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$14,576 +14.6%	$1,235,817 +9.4%
2024	$12,715 -42.2%	$1,130,000 -43.3%
2023	$22,013 +0.9%	$1,991,752 +2%
2022	$21,816 +2%	$1,952,699 +2%
2021	$21,378 -0.8%	$1,914,412 +1%
2020	$21,553 +1.3%	$1,894,783 +2%
2019	$21,285 +1.4%	$1,857,631 +2%
2018	$20,985	$1,821,208 +2%
2017	--	$1,785,499 -6.8%
2016	$21,944	$1,914,926 +1.5%
2015	--	$1,886,163 +2%
2014	--	$1,849,217 +0.5%
2013	$2,070,400	$1,840,860 +2%
2012	--	$1,804,766 +2%
2011	--	$1,769,380 +0.8%
2010	--	$1,756,158

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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