1243 Banyan Way, Lincoln, CA 95648, Lincoln, 95648 - 4 bed, 2 bath
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Lincoln, CA 95648
This Spacious Turnkey Residence is a Strong Value Opportunity, listed at $599,999—positioned well below the $622,866 Fair Market Value by 3%. This valuation gap offers $22,867 in Instant Equity for the buyer. Boasting a Good Condition Rating, the interior features premium Cambria quartz countertops, Mohawk waterproof flooring, and a versatile large loft. With No HOA and Low Mello Roos, this home maximizes monthly affordability near Palo Verde Park. It is an ideal match for Owner-Occupants or growing families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1243 Banyan Way Subject | $599,999* List Price | 4 | 2 | 2,222 | $280 | - |
A 624 Foxworth Ct Sold | $649,000 | 4 | 2 | 2,121 | $306 | 0.3 mi |
B 622 Foxworth Court Sold | $620,000 | 4 | 3 | 1,984 | $313 | 0.3 mi |
C 1025 Wilson Avenue Sold | $580,000 | 3 | 2 | 1,800 | $322 | 0.5 mi |
D 521 Hollywood Way Sold | $735,455 | 3 | 2 | 2,293 | $321 | 0.2 mi |
E 859 Riley Way Sold | $769,000 | 2 | 3 | 2,266 | $339 | 0.8 mi |
F 1568 Tucker Swallow Drive Sold | $730,000 | 5 | 3 | 2,622 | $278 | 0.3 mi |
G 428 Palo Verde Way Active | $549,000 List Price | 4 | 2 | 1,773 | $310 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2012, this move-in ready home is well within the 10-20 year age bracket for a 'good' rating. It features significant recent updates including brand-new interior and exterior paint, newer Mohawk waterproof laminate flooring, and refreshed kitchen surfaces with Cambria quartz countertops. The property is well-maintained with modern fixtures and functional systems, showing minimal wear and tear.
The absence of HOA fees combined with low Mello Roos assessments offers significant monthly savings and enhanced long-term affordability compared to similar modern subdivisions.
The home features high-end recent improvements, including Cambria quartz countertops, Mohawk waterproof laminate flooring, and fresh interior/exterior paint, ensuring a move-in-ready experience.
The 2,222 sq ft floor plan is highly functional, offering four bedrooms plus a large multi-purpose loft that provides essential flexibility for remote work, education, or entertainment.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6569, other record lot size in square feet = 6500.
With only two bathrooms serving four bedrooms and a large loft, the home may present logistical challenges for larger families or high-occupancy households.
While marketed as pool-sized, the 6,569 sq ft lot is relatively standard for the area; installing a pool would significantly consume the remaining outdoor utility and garden space.
Conveniently located in the Gold Hill subdivision, this gorgeous 2012 built turnkey 2,222 sq ft home offers 4 bedrooms plus a versatile large loft room ideal for a home office, media space, or playroom. Brand-new interior and exterior paint, newer Mohawk waterproof laminate flooring and baseboards throughout the main level that creates a seamless, elevated look. The kitchen has been refreshed with Cambria quartz countertops, offering both function and style for everyday living and entertaining with a large walk in pantry. The large pool-sized lot is a dream backyard featuring mature landscaping, garden boxes, a stamped concrete patio for relaxing and entertaining. Enjoy added value with NO HOA and low Mello Roos, giving you more freedom and long-term savings. With thoughtful updates, flexible living space, and room to create your ideal outdoor retreat, this home checks all the boxes. Situated just a short walk to Palo Verde Park this move-in-ready home offers the perfect blend of comfort, convenience, and long-term value. Welcome home to 1243 Banyan Way!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 69% |
| Baths | 2.0 | 3.0 | 50% |
| Square foot | 2,222 | 1,913 | 65% |
| Lot Size | 6,569 | 6,569 | 50% |
| Price | $600.0K | $605.0K | 49% |
| Price per sq ft | $270 | $330 | 22% |
| Built year | 2012 | 2004 | 72% |
| HOA | $0 | $136 | 37% |
| Days on market | 19 | 194 | 0% |
Apr 3, 2026
$599,999
Initial Listing
Oct 9, 2012
$274,000
Public Record