2123 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 beautifully updated 2-bedroom, 1.5-bath end unit offers the financing advantages of a PUD (FHA programs available) that typical condos in the area simply can't provide. The end unit position means only one shared side wall, giving you the privacy of a standalone home with the ease of condo living and the rare FHA-eligible PUD status makes it accessible to more buyers than nearly anything else on the market. Fresh interior paint and brand new flooring throughout create a genuinely move-in ready space. Add in your own detached one-car garage and you have a package that's hard to find at this price point. The HOA delivers exceptional value, covering trash, roof maintenance, professional grounds care, gutter maintenance, and crucially insurance, a significant advantage in California's current challenging market. Location is unbeatable: just 1 block from the SMART train station, walking distance to Coddingtown Mall, close to Snoopy's Home Ice and the Children's Museum, and minutes to Highway 101. Investment opportunity: the seller owns multiple units in the complex and can work with 1031 exchange buyers. With a Gross Income Multiplier of .07+, this FHA-eligible PUD checks every box for both owner-occupants and portfolio investors. Don't let this rare financing-flexible opportunity pass you by!

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

Driving directions

Open houses

None scheduled.

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MLS number: 326004014

Listing agent: Erika Frey #02089042

Listing broker: W Real Estate

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Last update: Friday, March 13 2026 at 3:37 a.m. EDT

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