1124 Lakewood Avenue, Modesto, CA 95355, Modesto, 95355 - 3 bed, 3 bath
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Modesto, CA 95355
This Move-In Ready Single-Family Residence is a Strong Value Opportunity, listed at $479,900—positioned well below the $535,024 Fair Market Value by 10%. This valuation gap offers $55,124 in Instant Equity for the buyer. Featuring a Condition Rating of 2, the home includes a modernized granite kitchen, new flooring, and a two-year-old roof. With an expansive 9,361 sqft lot and RV access, this property is ideal for Owner-Occupants or first-time buyers seeking a turnkey home near top-rated elementary schools.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1124 Lakewood Avenue Subject | $479,900* List Price | 3 | 3 | 1,961 | $273 | - |
A 2912 Alder Creek Drive Sold | $435,000 | 3 | 2 | 1,750 | $249 | 0.2 mi |
B 3424 Joanna Drive Sold | $525,000 | 4 | 3 | 1,769 | $297 | 0.5 mi |
C 1109 Springcreek Dr Sold | $580,000 | 3 | 2 | 2,196 | $264 | 0.6 mi |
D 3012 Degas Lane Sold | $600,000 | 4 | 3 | 2,024 | $296 | 0.7 mi |
E 1208 Ojai Lane Sold | $460,000 | 3 | 2 | 1,482 | $310 | 0.6 mi |
F 1417 Fransen Lane Sold | $431,000 | 3 | 2 | 1,486 | $290 | 0.6 mi |
G 3413 Joanna Drive Sold | $452,500 | 3 | 2 | 1,483 | $305 | 0.5 mi |
H 2613 S Surrey Avenue Active | $599,298 List Price | 4 | 2 | 1,938 | $309 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1963, the property has undergone a comprehensive recent renovation (likely <5 years) featuring a new 2-year-old roof, new carpet and flooring throughout, and a modern kitchen with granite countertops and stainless steel appliances. The interior is in mint, move-in-ready condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9361, living area = 1961.
Situated in the highly desirable Lakewood neighborhood, the property is just 0.18 miles from a top-rated elementary school (8/10), offering exceptional convenience for families.
The home features significant high-value updates, including a two-year-old roof, new flooring throughout, and a modernized kitchen with granite countertops and stainless steel appliances.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =9361, other record lot size in square feet = 9147.
While the elementary school is excellent, the assigned middle and high schools carry lower ratings (3/10 and 4/10), which may be a concern for long-term family planning.
The property includes a $600 association fee, representing a significant recurring expense that may impact buyer affordability compared to other homes in the area.
Located in the highly desirable Lakewood neighborhood of Modesto, 1124 Lakewood presents an outstanding opportunity to own a spacious single-story home in one of Modesto's most established residential communities. Offering tastefully updated features in approximately 1,961 square feet of living space, this 3-bedroom, 2.5-bath home sits on a 9000 square foot lot and delivers the perfect blend of comfort, functionality, and potential. The thoughtfully designed floor plan features multiple living areas, a cozy fireplace, abundant natural light. An updated kitchen including granite countertops, stainless steel appliances with ample cabinetry and dining space ideal for everyday living and entertaining. Features include new carpet and flooring throughout, a two year old roof, and an enclosed patio area. The expansive backyard provides endless possibilities for outdoor gatherings, gardening, or creating a private retreat, with ally access providing RV storage opportunity and parking flexibility. Situated near top-rated schools, parks, shopping, dining, and convenient commuter access, this Modesto home is ideal for buyers seeking a family-friendly neighborhood, move-in-ready property with room to personalize. A prime location, and sought-after features, this Lakewood area home captures the best of Modesto and Central Valley living.
No exterior & parking available.
Grades K-6 • 0.2 mi
Grades K-6 • 0.5 mi
Grades 7-8 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 1,961 | - |
| Lot Size | 9,361 | - |
| Price | $479.9K | $458.5K |
| Price per sq ft | $245 | $300 |
| Built year | 1963 | 0 |
| HOA | $600 | $0 |
| Days on market | 12 | 48 |
Jul 10, 2026
$479,900
Initial Listing
Nov 10, 2020
$335,000
Public Record