1200 Gold Hill Road, Newcastle, CA 95658, Newcastle, 95658 - 2 bed, 2 bath

1200 Gold Hill Road, Newcastle, CA 95658 home-pic-0

1200 Gold Hill Road

Newcastle, CA 95658

ACTIVE
CONDITION: FAIR
2Beds
2Baths
1,352Sq Ft
496,584Lot Size

Property Price

LIST PRICE$1,600,000

SUMMARY

Analysis of 1200 Gold Hill Road, Newcastle, CA 95658 is currently available with a list price of $1,600,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Newcastle Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Condition Analysis

OVERALL CONDITION SCORE

Fair
TeardownExcellent

Property is moderate renovation needed.

The manufactured home, built in 1999, is 25 years old. While clean and functional, the kitchen features dated white cabinets and laminate countertops, and the bathrooms have older style vanities and fixtures. The flooring consists of laminate, carpet, and tile, all appearing well-maintained but not modern. The property description suggests the house 'can be removed' for new construction, indicating its value is primarily in the land. However, based on the visible interior condition, the home is aged but maintained through regular upkeep, with major components functional but showing signs of being outdated, fitting the 'fair' category rather than 'poor' or 'tear-down' due to physical disrepair.

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 = 496584, living area = 1352.

  • Exceptional Development Potential

    This 11.4-acre estate is splitable into 4.6-acre minimum parcels, offering flexibility for creative development including potential for two residences, two ADUs, and two shops, maximizing future value.

  • Abundant Water Resources

    Equipped with multiple wells and a 4-inch NID main delivering 36,000 gallons daily, ensuring ample water supply for agricultural needs and extensive residential development, a significant asset in the region.

CONSRISKS & DEFICIENCIES

  • Existing Manufactured Home Requires Removal

    The current manufactured house is intended to be removed to make way for new construction, incurring demolition costs and project management for the buyer.

  • Significant Upfront Investment Required

    Realizing the full potential of this property, including building custom homes, ADUs, and shops, demands substantial capital investment beyond the purchase price, as it is not a turnkey solution.

  • Niche Buyer Appeal

    The property's focus on agricultural heritage and extensive development potential targets a specialized buyer pool, potentially limiting market breadth compared to a move-in ready residential property.

About 1200 Gold Hill Road

A Tuscan-Inspired 11.4-Acre Estate--Splitable This enchanting 11.4-acre property offers a rare blend of agricultural heritage and modern potential. Fed by multiple wells and a 4-inch NID main delivering 36,000 gallons daily, the land supports century-old producing olive trees that command premium value. With electricity and septic already on the property, the estate offers flexibility for a custom homes of your choosing, with potential for two residences, two ADUs, and two shops, all nestled among the historic olive groves. The existing manufactured house can be removed to make way for your vision. The original home site captures breathtaking sunrises and sunsets in this quiet, quaint setting, while an over-century-old barn with water, electricity, and tack room speaks to the property's rich agricultural past. The irrigated grounds are perfect for cattle or horses, and the flexible 4.6-acre minimum parcel splits allow for creative development options whether showcasing the magnificent olive trees or creating private retreats hidden within the grove. This is where Tuscan romance meets Northern California ranch living, offering both tranquil seclusion and incredible agricultural opportunity in Newcastle's coveted Gold Hill area.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1999
Lot Size
496,584 Sq. Ft.

Interior

Total Bedrooms
2
Total Bathrooms
2 (2 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

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds2.04.0
14%
Baths2.03.0
29%
Square foot1,3523,367.5
11%
Lot Size496,584141,570
93%
Price$1.60M$1.28M
68%
Price per sq ft$1.2K$429
96%
Built year19991996
50%
HOA$0$0
50%
Days on market247236
57%

Pricing History

Listed for Sale

Jul 3, 2025

$1,600,000

Initial Listing

Sold

Sep 14, 2018

$575,000

Public Record

Sold

Jan 31, 2011

$360,000

Public Record

Sold

Mar 28, 2003

$15,000

Public Record

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