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Penngrove, CA Multifamily Home for Sale

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    $2,395,000

    • 11 Beds
    • 10 Baths
    • 6,396 Sq Ft

    5675 Old Redwood Hwy, Penngrove, CA 94951

    Discover your ideal investment opportunity in the picturesque countryside of Penngrove! Nestled on 1.52+/- acres, this exceptional property features a rare 7-unit investment package. It includes one duplex, each offering 2 bedrooms, 2 bathrooms, and attached garages, along with five additional unitsthree 1-bedroom/1-bath and two 2-bedroom/1-bath homes. Thoughtfully designed for both serenity and

    Trish McCall Coldwell Banker Realty

    5675 Old Redwood Hwy, Penngrove, CA 94951

Why Live in Penngrove

Penngrove, CA, a farming community in Sonoma wine country, retains its rural charm amidst surrounding tourist destinations. Agriculture dominates the area, with many private farms providing residents with ample space. The quaint downtown spans just two blocks, featuring a post office, grocery store, and a few bars and restaurants. Housing options include ranch-style homes from the mid-1900s to the 1980s, New Traditional homes with farmhouse or Craftsman details from the early 2000s, and Mediterranean-inspired Millennium Mansions. Properties range from single-family homes to expansive estates on over 20 acres. Penngrove has a lower crime risk compared to the national average. Local highlights include Penngrove Market, Penngrove Hub, and dining spots like Grateful Bagel and Mama J’s Pizzeria. Nearby, Kohl’s and various eateries are on McDowell Boulevard, while Petaluma Village Premium Outlets are 4 miles away. Penngrove Park offers a playground, baseball diamond, and gazebo, and Crane Creek Regional Park, 5 miles away, features multiuse trails and a disc golf course. The community faces an elevated wildfire risk, particularly in the east. Dillon Beach and Bodega Bay are about 20 miles west. Penngrove hosts annual parades on Main Street, culminating in festivities at Penngrove Park. Students attend highly rated schools, including Penngrove Elementary, Petaluma Junior High, and Petaluma High. U.S. Route 101 and Old Redwood Highway provide access to nearby cities, with Sonoma-Marin Area Rail Transit (SMART) stations in Cotati and Petaluma. Sonoma County Transit buses and Sonoma County Airport, 20 miles north, further connect Penngrove to the region.

Home Trends in Penngrove, CA

Housing Trends

Median Sale Price
$1,087,500
Median Single Family Sale Price
$849,500
Average Price Per Sq Ft
$641
Number of Homes for Sale
3
Last 12 months Home Sales
16
Months of Supply
2.30
Median List Price
$1,200,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-10%
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