For sale

Price cut: $50K (11/15)

$899,000

2735 Petaluma Hill Road, Santa Rosa, CA 95404

3beds

2,751sqft

Est.:

2 Houses on Lot

Built in 1928

-- sqft lot

$849,300 Zestimate^®

$327/sqft

$-- HOA

What's special

Rare opportunity inside Santa Rosa city limits. This ~1.87-acre parcel includes two income-producing homes and multiple outbuildings. Currently zoned RR-20, the property sits in the path of growth along Petaluma Hill Rd., surrounded by recently built multi-unit residential development. Strategic rezoning potential given surrounding density and development momentum. Convenient to shopping, schools, parks & transportation. Investment Upside: Cash flow today with rental income while holding for long-term redevelopment potential. Prime candidate for future rezoning aligned with Santa Rosa's housing growth initiatives.

65 days

979

27

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1

Bedroom

Level: Main

Kitchen

Level: Main

Heating

Cooling

None

Appliances

Laundry: Inside Room

Features

Has basement: No
Has fireplace: No

Interior area

Total structure area: 2,751
Total interior livable area: 2,751 sqft

Property

Parking

Total spaces: 5
Parking features: 1/2 Car Space
Garage spaces: 2
Carport spaces: 1
Covered spaces: 3
Uncovered spaces: 2

Features

Levels: One
Stories: 1

Lot

Size: 1.87 Acres
Features: See Remarks

Details

Parcel number: 044041076000
Special conditions: Trust

Construction

Type & style

Home type: MultiFamily
Architectural style: Bungalow
Property subtype: 2 Houses on Lot

Materials

Foundation: Concrete Perimeter
Roof: Shingle

Condition

Year built: 1928

Utilities & green energy

Sewer: Public Sewer
Water: Well
Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected

Community & HOA

HOA

Has HOA: No

Location

Region: Santa Rosa

Financial & listing details

Price per square foot: $327/sqft
Tax assessed value: $989,906
Annual tax amount: $11,641
Date on market: 10/20/2025
Electric utility on property: Yes

Estimated market value

$849,300

$807,000 - $892,000

$2,616/mo

Price history

Date	Event	Price
12/11/2025	Listed for sale	$899,000$327/sqft
Source: BAREIS #325072174 Report a problem
11/25/2025	Contingent	$899,000$327/sqft
Source: BAREIS #325072174 Report a problem
11/15/2025	Price change	$899,000-5.3%$327/sqft
Source: BAREIS #325072174 Report a problem
10/20/2025	Listed for sale	$949,000+9.1%$345/sqft
Source: BAREIS #325072174 Report a problem
4/25/2018	Sold	$870,000-3.2%$316/sqft
Source: BAREIS #21803119 Report a problem