Charming 2-Bedroom Cottage with Prime Development Potential. Discover 816 South McDowell, Petaluma's most affordable home, offering both charm and exceptional investment potential. This original 2-bedroom, 1-bathroom cottage is a great entry level home & needs TLC but the real value lies in its future possibilities. This property is part of a subdivided parcel with two available lots priced at $299,000 each, presenting a rare opportunity for developers, builders, and investors. Whether you're envisioning a family compound, a small residential community, or an affordable housing project, this property is a blank slate for your vision. The subdivided lots has approved plans for 2234 Sq Ft Home w/ ADU for each parcel offering flexibility for various building strategies, making it a strategic investment with significant ROI potential. Located near schools, transportation, shopping, and freeway access, this property ensures high demand for any future development. Don't miss out on this chance to secure a prime piece of Petaluma real estate with unmatched potential. Schedule your viewing today!
Closed
$393,000
816 S Mcdowell Boulevard, Petaluma, CA 94954
2beds
672sqft
Single Family Residence
Built in 1944
8,102 Square Feet Lot
$679,500 Zestimate®
$585/sqft
$2,643 Estimated rent
Home value
$679,500
$591,000 - $775,000
$2,643/mo
Zestimate® history
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$2,643/mo
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$2,498/mo
Est. payment
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$2,498/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Timo Rivetti DRE #01240796 707-477-8396,
Navigate Real Estate 707-580-3499
Bought with:
Timo Rivetti, DRE #01240796
Navigate Real Estate
Source: BAREIS,MLS#: 324083094
Originating MLS: Sonoma
Originating MLS: SonomaFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Bedroom
- Level: Main
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- Wall Furnace
Cooling
- None
Appliances
- Laundry: Other
Features
- Flooring: Simulated Wood
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 672
- Total interior livable area: 672 sqft
Property
Parking
- Total spaces: 2
- Parking features: No Garage
Features
- Levels: One
- Stories: 1
Lot
- Size: 8,102 Square Feet
- Features: Flag Lot
Details
- Parcel number: 005074017000
- Special conditions: Offer As Is
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Foundation: Concrete Perimeter
Condition
- Year built: 1944
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Petaluma
Financial & listing details
- Price per square foot: $585/sqft
- Tax assessed value: $348,823
- Annual tax amount: $4,045
- Date on market: 10/17/2024
Price history
| Date | Event | Price |
|---|---|---|
| 2/14/2025 | Sold | $393,000-21.2%$585/sqft |
Source:  BAREIS #324083094 Report a problem | ||
| 11/16/2024 | Pending sale | $499,000$743/sqft |
Source: BAREIS #324083094 Report a problem | ||
| 10/27/2024 | Contingent | $499,000$743/sqft |
Source: BAREIS #324083094 Report a problem | ||
| 10/17/2024 | Listed for sale | $499,000$743/sqft |
Source: BAREIS #324083094 Report a problem | ||
| 9/8/2024 | Listing removed | $499,000$743/sqft |
Source: BAREIS #324063688 Report a problem | ||
| 8/16/2024 | Listed for sale | $499,000+10988.9%$743/sqft |
Source: BAREIS #324063688 Report a problem | ||
| 7/31/2020 | Sold | $4,500$7/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,045 +4.4% | $348,823 +2% |
| 2024 | $3,875 +1.9% | $341,984 +2% |
| 2023 | $3,804 -2.4% | $335,279 -1% |
| 2022 | $3,896 +1.7% | $338,577 +2% |
| 2021 | $3,832 -0.7% | $331,939 +1% |
| 2020 | $3,859 +1% | $328,537 +2% |
| 2019 | $3,820 +3% | $322,096 +2% |
| 2018 | $3,710 | $315,782 +2% |
| 2017 | -- | $309,591 +2% |
| 2016 | $3,540 | $303,522 +1.5% |
| 2015 | -- | $298,964 +4.9% |
| 2014 | -- | $285,000 +14% |
| 2013 | $284,606 | $250,000 +20.8% |
| 2012 | -- | $207,000 |
| 2011 | -- | $207,000 -20.4% |
| 2010 | -- | $260,000 |
Find assessor info on the county website
Neighborhood: 94954
Nearby homes
- $298,9642 bd1 ba672 sqftS McDowell Blvd, Petaluma, CA 94954Off Market
- $710,6004 bd2 ba1.9k sqft820 S McDowell Blvd, Petaluma, CA 94954Off Market
- $246,0007,091.568 Square Feet812 S McDowell Blvd, Petaluma, CA 94954Sold
- $743,1463 bd2 ba1.5k sqft802 S McDowell Blvd, Petaluma, CA 94954Off Market
- $198,379-- bd-- ba-- sqft810 S McDowell Blvd, Petaluma, CA 94954Off Market
- $826,6004 bd2 ba1.7k sqft824 S McDowell Blvd, Petaluma, CA 94954Off Market
- $169,735-- bd-- ba-- sqftS McDowell Blvd, Petaluma, CA 94954Off Market
- $837,5003 bd2 ba1.3k sqft1337 Glenwood Dr, Petaluma, CA 94954Off Market
Nearby schools
GreatSchools rating
- 3/10Miwok Valley Language Academy CharterGrades: K-6Distance: 0.4 mi
- 6/10Kenilworth Junior High SchoolGrades: 7-8Distance: 2.7 mi
- 8/10Casa Grande High SchoolGrades: 9-12Distance: 0.8 mi
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Estimated market value
$679,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$679,500
- California
- Sonoma County
- Petaluma
- 94954
- 816 S Mcdowell Boulevard
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