2123 W Steele Ln, Santa Rosa, CA 95403

• 2 beds |
• 2 baths |
• 968 sqft

Property Description

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!

Listing Status:

Active

Date Added:

January 26, 2026

Data Last Updated:

April 11, 2026 at 7:33PM

Listing Office:

W Real Estate : 707-636-3800

Listing Agent:

Erika Frey : 707 8880212

MLS ID:

326004014

Interior

• Rooms: KitchenLiving RoomPartial Bath(s)Street EntranceBedroom(s)Full Bath(s)
• Laundry: Hookups Only
• A/C: Ceiling Fan(s)
• Heating: Wall FurnaceWood Stove
• Fireplace: Wood StoveFireplaces: 1

Exterior

• Parking: AssignedGarage Facing FrontParking spaces: 2

Location

• HOA Amenities: GreenbeltOtherMaintenanceExteriorMaintenanceGroundsTrash542.0Monthly
• Originating MLS: BAREIS MLS
• County: Sonoma

Lot

• Zoning: 036-490-031-000

Utilities

• Utilities: Public
• Water: Public
• Sewer: Public Sewer

Financial

• Source: BAREIS MLS