3 units on .27 acre in West Petaluma! A classic Petaluma 2-story Victorian duplex on the boulevard (both rented mo-to-mo), a sweet remodeled vintage 2br/1ba home tucked away from the street (potential rental, weekend getaway or primary residence!), and a large area of undeveloped level land surrounded by mature trees. Behind the new redwood gate and fence, find a huge (approx 5000sf) private open space: room to develop your epic garden, park your airstream or even build another home for multi-gen living. The Victorian duplex at the front of the property includes 1br/1ba upstairs ($2000/mo) and 2br/1ba downstairs ($2540/mo), and retains many historic details and materials, high ceilings, and much original millwork. The upstairs unit captures views to the east of the Sonoma mountains and oak trees to the west, with lovely coved ceilings in the living room and bedroom. Between the 2 buildings, find a 600sf garage/storage building (one spot rented for $310/month), and plenty of room for off street driveway parking. The cottage-style home features wood paneled walls and ceilings, hardwood floors, and a cozy gas fireplace in the living room, with views of heritage oak trees from the kitchen and back bedroom. Newly remodeled kitchen and bath with subway tile, quartz counters, full sized W/D and car charger make this a comfortable and stylish place to land (market rent potential approx $3000/mo). Potential annual total rental income of $94,000 with room to garden, play, expand cottage, or explore building additional units. Flexible M2 zoning would accommodate future business use with valuable street frontage/signage opportunity (buyer to verify intended use). Restaurant? Retail? Wine tasting? The quickly evolving PBS corridor is home to popular shops and restaurants including Table Culture Provisions, Metro Hotel, Mystic Theater, Walnut Park Farmer's Market, Theater Square, and the upcoming proposed EKN Hotel Project. Just blocks from historic downtown, Petaluma's riverfront businesses, and multiple parks, the location lends itself to a walkable, bikeable lifestyle in the heart of Petaluma's historic west side.
Property Details
- Fireplaces
- 1
- Cooling
- Window Unit(s)
- Heating
- Fireplace(s), Floor Furnace, Gas, Wall Furnace, See Remarks
- Cooling Features
- Window Unit(s)
- Bedrooms
- 5
- Bathrooms
- 3.0
- Full Baths
- 3
- View
- Garden/Greenbelt,Hills
- Lot Features
- Irregular Lot, See Remarks
- Stories
- One, Two
- Lot Description
- Irregular Lot, See Remarks
- Acres
- 0.27
- Square Feet
- 2656
- Parking Features
- Detached, Electric Vehicle Charging Station(s), Garage Faces Side, Uncovered Parking Space, Uncovered Parking Spaces 2+, Se
- Parking Spaces
- 5
- Parking Type
- Garage
- Parking Carport Spaces
- 2
- Property Type
- Purchase
- Style
- Bungalow, Cottage, Edwardian, Victorian, Vintage
- Year Built
- 1926
- Sewer Information
- Public Sewer
- Utility Source
- Public
- Utility Features
- Cable Available, Electricity Connected, Internet Available, Natural Gas Connected, Public
- County
- Sonoma
- Region
- Petaluma
- Zoning
- MU2
- MLS #
- 326076495
- Property Subtype
- 2 Houses on Lot
- Fence
- 1
- Parcel Number
- 008281047000
- MLS #
- 326076495
- Property Condition
- Updated/Remodeled
- Date Listed
- September 08, 2026
- Address
- 732 Petaluma Boulevard S
Location
Legal
Notice: This listing provided courtesy of BAREIS MLS (BAREISMLS). The information contained in this listings has not been verified by us or the MLS and should be verified by the parties interested.
Copyright 2026. Bay Area Real Estate Information Services, Inc. All Rights Reserved.
Provided By
Listed by Jackie M Cuneo (#B418544)
Listing Office: Corcoran Icon Properties (#7B2103)
