10355 Pellerin Rd, Waterford, CA 95386, Waterford, 95386 - 4 bed, 4 bath
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10355 Pellerin Rd
Waterford, CA 95386
ACTIVE
CONDITION: POOR
4Beds
4Baths
4,121Sq Ft
131,551Lot Size
Property Price
LIST PRICE$999,950
SUMMARY
Incredible Estate Potential! Rare opportunity to acquire a prime 3-acre parcel featuring two separate homes encompassing approximately 7,000 square feet of combined living space. The spacious main home offers 4 bedrooms, 4 bathrooms, and approximately 4,121 square feet of living space, along with an attached 4-car garage and a built-in pool and spa. The second residence provides ideal flexibility for a guest house, multi-generational living, rental income, or endless other potential uses. Both homes have been gutted and are ready for a complete, custom renovation throughout, providing a blank canvas for contractors, investors, or buyers looking to build their dream custom estate. Property highlights include roofs updated in the last few years and a newer deep well (equipment needed to finish). Additionally, the adjoining 3-acre parcel within the shared fence perimeter is also available for purchase, offering the potential to expand your private acreage even further. Endless possibilities await!
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1976, the interior of both homes on this property have been completely gutted to the studs and require a total rehabilitation. There are currently no functional kitchens, bathrooms, or completed HVAC/electrical systems, making it unlivable in its current state despite recent roof updates.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 131551, living area = 4121.
- Dual-Residence Versatility
The property features two separate homes totaling approximately 7,000 square feet, providing exceptional flexibility for multi-generational living, guest housing, or significant rental income potential.
- Expansive Acreage & Expansion Potential
Situated on a prime 3-acre parcel with the option to purchase an adjoining 3-acre lot, this estate offers rare privacy and the potential to create a massive 6-acre private compound.
CONSRISKS & DEFICIENCIES
- Extensive Renovation Required
The homes are currently in a gutted state, requiring a complete top-to-bottom renovation which demands significant capital, time, and contractor oversight before the property is habitable.
- Incomplete Utility Infrastructure
While the property features a newer deep well, it lacks the necessary equipment to be functional, adding an immediate technical and financial hurdle for the buyer to address.
About 10355 Pellerin Rd
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1976
- Lot Size
- 131,551 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.3 |
| Baths | 4.0 | 2.3 |
| Square foot | 4,121 | 1,776.2 |
| Lot Size | 131,551 | 7,582.95 |
| Price | $1000.0K | $471.1K |
| Price per sq ft | $243 | $283 |
| Built year | 1976 | 1998 |
| HOA | $0 | $98 |
| Days on market | 50 | 46 |
Pricing History
Listed for Sale
Sep 30, 2026
$999,950
$1,095,000
-9% Price Drop
Initial Listing
Price Change
Sep 5, 2026
$1,095,000
Initial Listing
Sold
Jul 12, 2024
$1,175,000
Public Record
Sold
Dec 3, 2004
$365,000
Public Record