
Waterford, CA 95386
This Renovated Riverside Residence is a Prime Investment Opportunity, listed at $399,950—positioned well below the $463,996 Fair Market Value by 13%. This valuation gap provides $64,046 in Instant Equity. Boasting a Good Condition Rating, the home features vaulted ceilings, a tranquil river view, and a complete interior overhaul including new stainless appliances and upgraded windows. The expansive 0.23-acre lot with RV access adds significant utility. This property is a perfect match for Owner-Occupants seeking a move-in ready sanctuary or Buy-and-Hold Investors looking for a high-equity asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12501 Riverside Road Subject | $430,000 | 3 | 2 | 1,605 | $289 | - |
A 12088 Combine Court Sold | $465,000 | 3 | 2 | 1,430 | $325 | 0.5 mi |
B 12088 Combine Court Sold | $465,000 | 3 | 2 | 1,430 | $325 | 0.5 mi |
C 12427 Terrace View Court Sold | $515,000 | 3 | 2 | 1,580 | $326 | 0.0 mi |
D 433 Snow Spring Court Sold | $435,000 | 3 | 3 | 1,789 | $243 | 0.6 mi |
E 12795 Bonnie Brae Avenue Sold | $465,000 | 4 | 2 | 1,890 | $246 | 0.8 mi |
F 326 Burns Creek Court Sold | $396,900 | 3 | 2 | 1,150 | $345 | 0.4 mi |
G 328 Burns Creek Court Pending | $435,000 List Price | 3 | 2 | 1,430 | $304 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready following a recent renovation that includes fresh interior and exterior paint, new carpet, and laminate flooring. The kitchen has been updated with new stainless steel appliances and painted cabinetry, and the home features new windows throughout. While some original 1990s elements remain, such as the kitchen countertops and bathroom tub surrounds, the overall quality and lack of deferred maintenance justify a 'good' rating.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9849, living area = 1605.
The property is move-in ready following extensive updates, including fresh interior and exterior paint, new carpet and laminate flooring, new appliances, and upgraded windows.
The approximately 0.23-acre lot provides significant outdoor space with dedicated room for RV access and recreational toys, offering a level of utility and growth potential rare for the area.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1605, other record living area = 1663.
While the home features modern cosmetic updates, the 1990 construction year suggests that original core systems like the roof or HVAC may require evaluation for future maintenance or replacement.
Situated in Waterford, the property may offer fewer local amenities and longer commute times to major employment hubs compared to more central metropolitan areas.
Tranquil River View! Enter to vaulted ceilings, an open floor plan and plenty of light. This newly renovated home features fresh exterior/interior paint, new carpet & laminate flooring throughout, new appliances and windows that make this home complete. This one is move-in ready. With approx. .23 acres this property has plenty of room for RV access, room for toys or room to grow. Don't miss this one!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,605 | 1,592.5 | 50% |
| Lot Size | 9,849 | 8,003.985 | 72% |
| Price | $430.0K | $437.0K | 41% |
| Price per sq ft | $268 | $294 | 44% |
| Built year | 1990 | 1993 | 34% |
| HOA | $0 | $0 | 50% |
| Days on market | 83 | 165 | 13% |
Jan 29, 2026
$399,950
Initial Listing