2125 W Steele Lane

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 attached 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!

Days on Market

3 days

Current Status

Active

Original Price

$340,000

List Price

$340,000

On Market Date

Jan 30, 2026

Property Type

Townhouse

Area

Santa Rosa-Northwest

Zip Code

95403

MLS ID

326004019

APN

036-490-030-000

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

SQ FT

968

SQ FT Source

Assessor Auto-Fill

Lot SQ FT

945.0

Lot Acres

0.0217 Acres

Cooling

Ceiling Fan(s)

Exterior Details

Balcony, Uncovered Courtyard

Fire Place

Wood Stove

Heating

Wall Furnace, Wood Stove

Laundry

Dryer Included, Washer Included

Upper Level

Bedroom(s), Full Bath(s)

Main Level

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

Possession

Close Of Escrow

* Fee

$518

Name

Ceder Woods

Phone

(707) 687-2580

*Fee includes

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.