2125 W Steele Lane, Santa Rosa, CA 95403

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$340,000

bedrooms

bathrooms

square feet

968

Acreage

0.0217

Open Houses

year built

1984

Full Baths

Half Baths

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Exceptional FHA-eligible PUD opportunity in one of Santa Rosa's most desirable neighborhoods! This move-in ready 2-bedroom, 1.5-bath end unit offers the financing advantages of a PUD (FHA programs available) that typical condos in the area can't provide. The privacy-focused orientation overlooks the tranquil greenbelt, creating a serene setting with only one shared wall. Recent updates include fresh interior paint, new flooring and carpet throughout, plus a brand new heater. The primary bedroom features its own private balcony - perfect for morning coffee or evening relaxation. Additional convenience comes with your detached one-car garage. The HOA fee provides exceptional value, covering trash service, roof maintenance, professional grounds care, gutter maintenance, and crucially - insurance (a significant advantage in California's current insurance climate). Prime location advantages: 1 block to SMART train station, walking distance to Coddingtown Mall, close to Snoopy's Home Ice and the Children's Museum, with quick access to Highway 101. Investment note: Seller owns multiple units in the complex and can work with 1031 exchange buyers. Strong rental potential with a Gross Income Multiplier of .07+, making this an excellent portfolio addition. This is your opportunity to own in a highly convenient Santa Rosa location with rare FHA financing flexibility!

Location
Subdivision	-
County	Sonoma
Elementary School	-
Middle School	-
High School	-

Driving directions

Open houses

None scheduled.

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MLS number: 326004019

Listing agent: Erika Frey #02089042

Listing broker: W Real Estate

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Last update: Wednesday, March 18 2026 at 5:18 p.m. EDT

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