Looking for opportunity, this property has many potential uses and established rental income of $9,400 per month with month-to-month tenancy. Three Use Permits run with the land, including a Veterinary Clinic Use Permit, Equine Boarding/Training/Clinic & Equestrian Event Use Permit and an Equine Therapy Inpatient Addiction Treatment Center is considered a consistent use within these permits. Additionally, the Covered Arena, concrete block barn and one of the mobile homes on the property are all Approved A3 Commercial Buildings, opening them up for many additional uses! The property has been the site of natural horsemanship clinics since 1985, includes 3 septic systems, 2 wells, 5 legal residences; the 2/1 main home, 2/1 ADU plus 3 Mobile Homes all on permanent foundations, each with its own electric meter, there are both Ag and Residential Meters. The Arena is approx. 70' x 180' with sand footing, 40' round pen, 29 total stalls, 3 pastures, 7 turn out paddocks, bulk hay & shavings storage, office, laundry room & public restroom. Close to Cotati and down town Penngrove, Sonoma State University and Highway 101. With its premiere location, functional equestrian amenities, commercial buildings and extensive permits, the possibilities are endless. Let's explore how you might use this space to begin or expand your business!
Active
Price cut: $200K (7/20)
$2,495,000
411 Highland Avenue, Penngrove, CA 94951
8beds
1,608sqft
:
Get pre-qualified$15,311/mo
Multi Family
Built in 1972
-- sqft lot
$-- Zestimate®
$1,552/sqft
$-- HOA
What's special
Covered arenaPublic restroomFunctional equestrian amenitiesLaundry room
- 337 days |
- 592 |
- 25 |
Zillow last checked:
Listing updated:
Listed by:
Sharon Vallejo DRE #00826851 707-953-4788,
Compass 707-774-8600
Source: BAREIS,MLS#: 325081421
Originating MLS: Sonoma
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 5
- Full bathrooms: 4
Heating
- Has Heating (Unspecified Type)
Cooling
- Has cooling: Yes
Appliances
- Laundry: Common Area
Features
- Unit 1 - Beds: 2, Baths: 2, Square Footage: 3216 | Unit 2 - Beds: 6, Baths: 3, Square Footage: 3600 | Unit 3 - Beds: 0, Baths: 0, Square Footage: 1608 | Unit 4 - Beds: 0, Baths: 0, Square Footage: 1608
Interior area
- Total structure area: 1,608
- Total interior livable area: 1,608 sqft
Video & virtual tour
Property
Parking
- Total spaces: 10
- Parking features: Open, RV Access/Parking, Uncovered
- Has uncovered spaces: Yes
Features
- Has view: Yes
- View description: Mountain(s), Pasture
Lot
- Size: 8.11 Acres
- Features: Private, Irregular Lot
Details
- Parcel number: 047011002000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Metal, Wood Siding
- Foundation: Block, Concrete Perimeter
- Roof: Composition,Metal
Condition
- Year built: 1972
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected
Community & HOA
HOA
- Has HOA: No
Location
- Region: Penngrove
Financial & listing details
- Price per square foot: $1,552/sqft
- Tax assessed value: $640,288
- Date on market: 9/10/2025
- Tenant pays: Electricity, Gas
- Electric utility on property: Yes
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/20/2026 | Price change | $2,495,000-7.4%$1,552/sqft |
Source: | ||
| 6/23/2026 | Price change | $2,695,000-3.6%$1,676/sqft |
Source: | ||
| 4/23/2026 | Price change | $2,795,000-3.5%$1,738/sqft |
Source: | ||
| 4/21/2026 | Price change | $2,895,000-3.3%$1,800/sqft |
Source: | ||
| 10/10/2025 | Price change | $2,995,000-6.3%$1,863/sqft |
Source: | ||
| 9/8/2025 | Listed for sale | $3,195,000-1.7%$1,987/sqft |
Source: | ||
| 7/1/2025 | Listing removed | $3,250,000$2,021/sqft |
Source: | ||
| 11/13/2024 | Price change | $3,250,000-4.4%$2,021/sqft |
Source: | ||
| 10/30/2024 | Price change | $3,399,000-8.1%$2,114/sqft |
Source: | ||
| 9/26/2024 | Price change | $3,699,000-7.5%$2,300/sqft |
Source: | ||
| 4/4/2024 | Listed for sale | $4,000,000$2,488/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $640,288 +2% |
| 2025 | $7,654 +7% | $627,735 +2% |
| 2024 | $7,151 +2.6% | $615,427 +2% |
| 2023 | $6,970 +1% | $603,361 +2% |
| 2022 | $6,902 +2.6% | $591,532 +2% |
| 2021 | $6,729 -0.7% | $579,935 +1% |
| 2020 | $6,775 -0.2% | $573,989 +0.4% |
| 2019 | $6,791 +3.6% | $571,655 +1.9% |
| 2018 | $6,552 +2% | $561,072 +1.9% |
| 2017 | $6,424 +2.1% | $550,815 +1.7% |
| 2016 | $6,290 +1.5% | $541,500 +1.6% |
| 2015 | $6,200 -0.2% | $533,066 +1.2% |
| 2014 | $6,214 -99% | $526,506 +0% |
| 2013 | $600,632 | $526,483 +14.1% |
| 2012 | -- | $461,358 +1.3% |
| 2011 | -- | $455,656 -1.2% |
| 2010 | -- | $461,180 -1% |
| 2009 | -- | $465,832 +1.1% |
| 2008 | -- | $460,974 +1.1% |
| 2007 | -- | $455,752 +2.1% |
| 2006 | -- | $446,252 +5.9% |
| 2005 | -- | $421,367 +2.4% |
| 2004 | -- | $411,437 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 94951
Nearby schools
GreatSchools rating
- 7/10Penngrove Elementary SchoolGrades: K-6Distance: 1.6 mi
- 4/10Petaluma Junior High SchoolGrades: 7-8Distance: 5.6 mi
- 8/10Petaluma High SchoolGrades: 9-12Distance: 6.1 mi
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