12361 Homestead Way, Auburn, CA 95603, Auburn, 95603 - 3 bed, 3 bath
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This Spacious Single Family Residence represents a Strong Value Opportunity, listed at $890,000—positioned well above the $858,134 Fair Market Value by 3%. While the property requires modernization due to its Fair Condition Rating, it offers significant upside through its large lot size and panoramic canyon views. Located in the desirable Auburn Hills neighborhood with access to top-tier schools like Colfax High (9/10), this home provides a versatile floor plan for long-term appreciation. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12361 Homestead Way Subject 3 bd · 3 ba · 2,543 sqft · $337 | $890,000* List Price | 3 | 3 | 2,543 | $337 | - |
A 1055 Fox Run Court Active 4 bd · 3 ba · 2,182 sqft · $298 · 0.3 mi | $650,000 List Price | 4 | 3 | 2,182 | $298 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1991, the property is 35 years old, placing it in the 'Fair' category (defined as >20 years old). At this age, original kitchens, bathrooms, and major systems like HVAC and electrical are likely dated and approaching the end of their functional lifecycles, necessitating updates and minor repairs.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10389, living area = 2543.
High School: Colfax High School (9/10).
Located in the sought-after Auburn Hills subdivision, this property offers a premium residential atmosphere in a prime Auburn location known for its quality homes.
Built in 1991, the property may require capital improvements or cosmetic updates to meet contemporary design standards and modern energy efficiency expectations.
The current list price of $890,000 represents a substantial increase from its 2021 sale price of $710,000, which may invite closer scrutiny regarding recent upgrades and market valuation.
Exceptional opportunity in Auburn. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
Grades 9-12 • 2.0 mi
Grades 9-12 • 14.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.5 |
| Square foot | 2,543 | 1,932.915 |
| Lot Size | 10,389 | 14,943.792 |
| Price | $890.0K | $664.4K |
| Price per sq ft | $350 | $361 |
| Built year | 1991 | 1984 |
| HOA | $0 | $300 |
| Days on market | 73 | 50 |
Aug 12, 2026
$890,000
Initial Listing
Dec 2, 2021
$710,000
Public Record