Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

10240 Principe Place

Santa Rosa, CA, 93012

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$1,689,000

MLS: V1-33563

Beds

4

Baths

3

Sq Ft

2,600

Lot

1.05 ac

Year Built

1987

MLS #

V1-33563

Days on Market

120

Listed

Nov 27, 2025

Description

Tucked at the end of a quiet cul-de-sac behind its own private gate, this single-story 4-bedroom, 3-bath home is oneof the lowest-priced one-story, horse-zoned properties in the Santa Rosa Valley--an ideal canvas for creating yourCalifornia retreat. The home offers vaulted ceilings, family room, and an open kitchen with granite counters, along with a primary suite featuring high ceilingsand a walk-in closet. The expansive, usable lot providesRV access, agricultural water rates, and room to reimaginethe outdoor spaces. The backyard includes a pool, garden spaces, a tree house, and a small studio. With space for animals, equipment, or future guest quarters orhobby buildings (buyer to verify), this property offers privacy, versatility, and acreage-style living. A rare opportunitywith incredible potential.

Location

Santa Rosa, Ventura County, CA 93012

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Listed by: Rosemary Allison · Coldwell Banker Realty

Payment estimate

$12,033

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $168,900 · Loan: $1,520,100

%
Principal & Interest
$9,340
Property tax (1.25%)
$1,759
Homeowners insurance
$300
Mortgage insurance
$633
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Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Santa Rosa home with as little as 3.5% down using an FHA loan — roughly $59,115 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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Local Market Stats

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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

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