1207 Lakewood Drive, Lodi, CA 95240, Lodi, 95240 - 3 bed, 2 bath
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Lodi, CA 95240
This Spacious Single Family Residence represents a Strong Value Opportunity, listed at $525,000—positioned well below the $528,153 Fair Market Value by 0.6%. While the home maintains a Condition Rating of 4, it offers $3,153 in Instant Equity. Featuring a private backyard and a large kitchen, the property provides a solid foundation for cosmetic modernization. Located near Lakewood Elementary, this home is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build long-term equity in a high-value Lodi neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1207 Lakewood Drive Subject | $525,000* List Price | 3 | 2 | 1,747 | $302 | - |
A 610 N California Street Sold | $584,000 | 3 | 2 | 1,763 | $331 | 0.6 mi |
B 400 N Fairmont Avenue Sold | $400,000 | 3 | 1 | 1,106 | $362 | 0.7 mi |
C 419 Matthew Plz Sold | $439,500 | 3 | 2 | 1,168 | $376 | 0.8 mi |
D 922 N Pleasant Avenue Sold | $416,000 | 3 | 2 | 1,155 | $360 | 0.6 mi |
E 826 Maplewood Pending | $519,000 List Price | 3 | 2 | 1,697 | $306 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1965 and largely in original condition, the home is well-maintained with a clear pest report and roof certification, but the interior is significantly dated with popcorn ceilings, wood paneling, and older carpeting requiring cosmetic modernization.
Situated in a highly desirable area near the Mokelumne River and Lakewood School, the property is surrounded by high-value custom homes, ensuring strong long-term equity.
The seller provides a clear Section 1 and 2 pest report along with a two-year roof certification, offering significant peace of mind and reducing immediate post-purchase costs.
The home features a spacious floor plan ideal for entertaining and a private backyard with no overlooking neighbors, a rare find in established residential neighborhoods.
While well-maintained, the home requires cosmetic modernization to meet contemporary standards, which will necessitate additional budget and effort from the buyer.
Although the elementary school is conveniently close, the assigned middle school has a low rating, which may be a concern for families prioritizing academic performance.
This is the home you have been waiting for! Location, location, location! This home is in the very desirable area near Lakewood School and the Mokelumne River. A community of custom built homes that have easy access to all of Lodi's features but tucked in and private. This 3 bedroom 2 bath home offers you the opportunity to make this home what you dream it to be cosmetically and the price allows you the opportunity to move into a neighborhood that has high value homes surrounding it. The home has been very well kept up and maintained. The seller is providing a home with a clear section 1 and 2 pest report and a 2 year roof certification. No hidden problems here, just a solid home for you to make your own. The large family room and living room spaces offer flexibility and the large kitchen will host many large dinner celebrations. The private back yard has no neighbors looking down into your back yard space. Come explore the home and the area and you will realize what a fantastic opportunity you have in front of you.
No exterior & parking available.
Grades K-6 • 0.2 mi
Grades 7-8 • 1.1 mi
Grades 7-8 • 3.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,747 | - |
| Lot Size | 6,721 | - |
| Price | $525.0K | $585.8K |
| Price per sq ft | $301 | $325 |
| Built year | 1965 | 0 |
| HOA | $0 | $0 |
| Days on market | 31 | 67 |
Jun 21, 2026
$525,000
Initial Listing