12224 Yosemite Boulevard, Waterford, CA 95386, Waterford, 95386 - 3 bed, 1 bath
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Waterford, CA 95386
This property presents a High-Potential Investment Opportunity with a List Price of $549,000—positioned well below the $456,749 Fair Market Value by -20%. While the list price exceeds the current estimation, the dual-parcel configuration totaling 64,847 sq. ft. and Highway 132 frontage provide significant long-term utility. With a Fair Condition Rating (1917 build), the home requires a comprehensive renovation. This asset is best suited for Buy-and-Hold Investors or Contractors capable of leveraging the land for storage, development, or commercial-adjacent income potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12224 Yosemite Boulevard Subject | $549,000* List Price | 3 | 1 | 1,406 | $351 | - |
A 12936 Yosemite Boulevard Active | $449,000 List Price | 3 | 2 | 1,596 | $281 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1917, this 107-year-old structure far exceeds the 30-50 year threshold for a poor rating without a recorded major renovation. The lack of interior photos and the listing's heavy emphasis on land value, highway frontage, and 'future upside' suggest the home requires a total rehab of all major systems, kitchen, and baths 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 = 20843, living area = 1406.
The offering includes two separate parcels totaling approximately 64,847 sq. ft., providing rare flexibility for owner-users, contractors, or investors to utilize the additional acreage for equipment storage or future development.
Situated on Highway 132 (Yosemite Boulevard), the property benefits from excellent exposure and accessibility on a main route to Turlock Lake, making it ideal for home-based businesses or long-term land banking.
The property was recently sold within the past year on 2026-02-19. The sold price is $410,000.00.
Built in 1917, the century-old residence likely requires significant modernization of its core systems and finishes to meet contemporary standards and buyer expectations.
The 3-bedroom home is serviced by only one bathroom, which represents a functional limitation for larger families and may impact the property's competitive rental or resale value.
Rare opportunity on Highway 132 frontage in Waterford. This property includes two separate parcels totaling approximately 64,847 sq. ft., offering flexibility for an owner-user, investor, contractor, or buyer needing additional land. The front parcel features a 3 bedroom, 1 bathroom, 1,406 sq. ft. home situated on an approximately 20,842 sq. ft. lot, with an additional approximately 44,005 sq. ft. parcel directly behind it. Recent curb, gutter, and sidewalk improvements have been completed by the City of Waterford, and the property includes two curb cuts for improved access and functionality. Park your toys, equipment, trailers, or additional vehicles, rent out the house, and collect income while holding a property with strong frontage and future upside. Located along Yosemite Boulevard/Highway 132, this property sits on the route toward Turlock Lake and Don Pedro, giving it excellent visibility and accessibility. A unique setup with land, frontage, and income potential all in one package.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 1,406 | - |
| Lot Size | 20,843 | - |
| Price | $549.0K | $453.6K |
| Price per sq ft | $390 | $319 |
| Built year | 1917 | 0 |
| HOA | $0 | $0 |
| Days on market | 50 | 52 |
Jun 2, 2026
$549,000
Initial Listing
Feb 19, 2026
$410,000
Public Record
Jul 30, 2007
$475,000
Public Record