
Auburn, CA 95602
This property presents a High-Potential Investment Opportunity with a List Price of $491,000—positioned well below the $512,834 Fair Market Value by 4%. This valuation gap offers $21,834 in Instant Equity. Featuring a Condition Rating of 4, the home offers a solid foundation with a pool, golf course views, and a large lot. While cosmetic updates are recommended, the resort-style amenities of Lake of the Pines provide significant lifestyle value. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11131 Lakeshore North Subject | $471,000* List Price | 3 | 2 | 1,600 | $294 | - |
A 14767 Torrey Pines Drive Sold | $428,000 | 2 | 2 | 1,569 | $273 | 0.2 mi |
B 11544 Torrey Pines Drive Sold | $535,000 | 3 | 2 | 1,640 | $326 | 0.6 mi |
C 11801 Lakeshore N Active | $525,000 List Price | 3 | 3 | 1,440 | $365 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1976, this nearly 50-year-old home is functional but significantly dated. While it features some modern upgrades like solar panels and a newer gas stove, the kitchen's tiled countertops, older cabinetry, and the general interior finishes (carpeting and fixtures) appear to be from a renovation over 20 years ago, requiring cosmetic updates to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10454, living area = 1600.
Located in the gated Lake of the Pines community, the property offers a 'vacation where you live' lifestyle with access to a private lake, golf course, clubhouse, and extensive sports courts.
The home boasts a private swimming pool with golf course views, two front decks, and a unique onsite waterfall and babbling brook, creating a serene and high-value outdoor oasis.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1600, other record living area = 1442.
Built in 1976, the home may require updates to its original systems or cosmetic modernizations to compete with newer residential inventory in the Auburn area.
With 46 days on the market and a recent price reduction from $510,000, the property is currently facing a period of lower buyer urgency which may impact its final sale leverage.
Welcome to your own vacation destination in the highly desirable gated community of Lake of the Pines! This lovely 3-bedroom, 2-bath home offers comfortable living with an additional flexible room perfect for an office, den, gym, or hobby space. The open-concept floor plan is ideal for everyday living and entertaining, with a spacious kitchen featuring a gas range, two counters for plenty of workspace, and an inviting dining area. The generous primary suite includes a walk-in closet and a relaxing jetted tub perfect for unwinding after a long day. An interior laundry room with abundant cabinetry adds convenience and storage. Step outside onto either of the two front decks and enjoy the peaceful sights and sounds of your own waterfall and babbling brook. The outdoor space continues with a pool overlooking the golf course, where you can relax and watch golfers go by. There's also a cottage-style storage shed, fenced dog run, and plenty of room for outdoor activities. Association-approved boat parking makes it easy to enjoy all that the lake has to offer. Lake of the Pines is truly a place where you can vacation where you live. Residents enjoy access to a beautiful golf course, large recreational lake for skiing, kayaking, paddleboarding, fishing, or simply floating and soaking up the scenery. Gather with neighbors for the spectacular Fourth of July fireworks over the lake or enjoy live entertainment during Music on the Lake. Community amenities include a clubhouse, sports lounge, swimming pool, tennis and pickleball courts, sand volleyball, basketball courts, playgrounds, parks, dog park, putting greens, recreation room with fireplace, barbecue areas, and exercise and swim classes. Just a short drive from Grass Valley and Nevada City, you'll have easy access to charming shops, restaurants, recreation, and all the beauty the area has to offer. Come take a look and discover the lifestyle waiting for you at Lake of the Pines. Welcome to this lovely home located in the highly desired Gated Community of Lake of the Pines!
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades 6-8 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.3 |
| Square foot | 1,600 | 1,919.75 |
| Lot Size | 10,454 | 15,215.5 |
| Price | $471.0K | $652.5K |
| Price per sq ft | $294 | $355 |
| Built year | 1976 | 1985 |
| HOA | $327 | $272 |
| Days on market | 95 | 55 |
Aug 7, 2026
$471,000
$481,000
-2% Price Drop
Initial Listing
Aug 4, 2026
$481,000
$491,000
-2% Price Drop
Initial Listing
Jun 18, 2026
$491,000
$510,000
-4% Price Drop
Initial Listing
Jun 6, 2026
$510,000
Initial Listing
Oct 31, 2000
$210,000
Public Record