
Colfax, CA 95713
This Versatile Residential Property is a Strong Value Opportunity, listed at $885,000—positioned well below the $894,399 Fair Market Value by 1%. Featuring a 2,100 sq ft main home and a 1,100 sq ft income-producing ADU, the property boasts an Excellent Condition Rating following extensive renovations. With owned solar, three water sources, and a park-like setting, it offers both modern efficiency and lifestyle appeal. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking multi-generational living or rental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1040 Dog Bar Road Subject | $885,000* List Price | 2 | 3 | 2,927 | $306 | - |
A 943 Eden Valley Road Sold | $900,000 | 3 | 4 | 3,085 | $292 | 0.6 mi |
B 915 Eden Valley Road Active | $999,000 List Price | 4 | 3 | 3,372 | $296 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1940, the property has undergone an extensive, high-quality renovation within the last 5 years. The kitchen is modern with white shaker cabinets and stainless appliances, and the home features updated systems including owned solar, a tankless water heater, and a whole-house fan, making it move-in ready with no deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 121968, living area = 2927.
The property features a separate, 1,100 sq ft legal ADU with its own address and utilities, providing immediate rental income potential or a versatile space for multi-generational living.
Rare access to three distinct water sources—a private well, community irrigation water, and a year-round creek—offers exceptional utility and security for gardening and landscaping.
Despite the generous 2,100 sq ft size of the main residence, it only offers two dedicated bedrooms, which may limit appeal for larger families.
Originally built in 1940, the main structure may require more frequent maintenance or specialized updates compared to newer builds in the area.
Welcome to a truly special property in the desirable Eden Valley area of Colfax, where farmhouse charm, versatility and a park-like setting come together on beautiful acreage. The main home offers approximately 2,100 sq ft with 2 bedrooms plus an office, high ceilings, skylights and abundant windows that fill the home with natural light. At the heart of the home is a spacious open kitchen featuring a large island, generous storage and plenty of room to gather. Adding exceptional value is a separate approximately 1,100 sq ft ADU with its own address, 1042 Dog Bar Road, and separate utilities. Featuring a full kitchen, living area, loft, 1 bedroom and 1.5 baths, the ADU is currently income-producing and offers wonderful flexibility for rental income, multi-generational living, guests or extended family. A standout feature of this property is its three water sources: a private well, 1- miners inch private community irrigation water and a year-round creek meandering through the property. The beautiful grounds create a peaceful, park-like backyard backdrop with mature trees, a greenhouse and plenty of room to garden, relax and enjoy the natural surroundings. Multiple uncovered decks and a covered back patio extend the living space outdoors. Additional highlights include owned solar, tankless water heater, whole-house fan, whole-house speaker system and generator hookup. A detached 2-car garage with workshop and multiple sheds provide abundant space for hobbies, storage and projects. The property is fully fenced with a gated entrance and also offers a full RV hookup with electric, water and sewer. With space to garden, create, entertain and simply enjoy the peaceful surroundings, this unique Eden Valley property offers an incredible combination of country charm, income potential and functional amenities, all with convenient access to Colfax, Auburn, Grass Valley and I-80.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,927 | 1,569.059 |
| Lot Size | 121,968 | 38,819.647 |
| Price | $885.0K | $482.1K |
| Price per sq ft | $302 | $320 |
| Built year | 1940 | 1988 |
| HOA | $0 | $150 |
| Days on market | 12 | 63 |
Aug 28, 2026
$885,000
Initial Listing
Mar 6, 2015
$449,000
Public Record