2123 W Steele Lane

Rare FHA-eligible PUD in prime Santa Rosa location! This beautifully updated 2-bedroom, 1.5-bath end unit combines the best of condo living with the financing flexibility of a PUD - unlike typical condos in the area, this property qualifies for FHA programs. The east-facing orientation floods the home with natural morning light, while the end unit position means only one shared side wall for enhanced privacy. Fresh interior paint and brand new flooring throughout create a move-in ready space. Plus, enjoy the convenience of your own one-car garage. The HOA covers trash, roof maintenance, grounds, gutters, and most importantly - insurance, a tremendous benefit in today's challenging California market. Location is exceptional: just 1 block from the SMART train station, steps from Coddingtown Mall, near Snoopy's Home Ice and the Children's Museum, and minutes to Highway 101. Special opportunity: seller owns multiple units and is willing to accommodate 1031 exchange buyers. This property offers strong investment potential with a Gross Income Multiplier of .07+, making it an attractive addition to any rental portfolio. Don't miss this chance to own in one of Santa Rosa's most convenient neighborhoods!

Days on Market

21 days

Current Status

Active

Original Price

$340,000

List Price

$340,000

On Market Date

Jan 26, 2026

Property Type

Townhouse

Area

Santa Rosa-Northwest

Zip Code

95403

MLS ID

326004014

APN

036-490-031-000

Year Built

1984

Stories in Building

Unavailable

Possession

Close Of Escrow

Data Source

BAREIS

Origin MLS System

Bed

2

Bath

2 (1/1)

Parking

2

Assigned, Garage Facing Front

SQ FT

968

SQ FT Source

Assessor Auto-Fill

Lot SQ FT

945.0

Lot Acres

0.0217 Acres

Cooling

Ceiling Fan(s)

Fire Place

Wood Stove

Heating

Wall Furnace, Wood Stove

Laundry

Hookups Only

Upper Level

Bedroom(s), Full Bath(s)

Main Level

Kitchen, Living Room, Partial Bath(s), Street Entrance

Possession

Close Of Escrow

* Fee

$518

Name

Cedar Woods

Phone

(707) 687-2580

*Fee includes

Common Areas, Insurance on Structure, Maintenance Exterior, Maintenance Grounds, Roof, and Trash

MLS and other Information regarding properties for sale as shown in Theo have been obtained from various sources such as sellers, public records, agents and other third parties. This information may relate to the condition of the property, permitted or unpermitted uses, zoning, square footage, lot size/acreage or other matters affecting value or desirability. Unless otherwise indicated in writing, neither brokers, agents nor Theo have verified, or will verify, such information. If any such information is important to buyer in determining whether to buy, the price to pay or intended use of the property, buyer is urged to conduct their own investigation with qualified professionals, satisfy themselves with respect to that information, and to rely solely on the results of that investigation.

School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.