2123 W Steele Lane

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 attached 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!

Days on Market

23 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.

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