
Davis, CA 95616
This Single Family Residence presents a High-Potential Investment Opportunity with a List Price of $787,000—positioned slightly above the $783,874 Fair Market Value. While the home maintains a Condition Rating of 5, its original 1961 character and 8,385 sqft lot provide significant value-add potential through modernization and ADU development. Featuring a pool, spa, and private courtyard, the property offers a rare foundation for customization in a prime Davis location. This is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking to build long-term equity through renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1315 Aspen Place Subject | $749,900* List Price | 3 | 2 | 1,628 | $466 | - |
A 1513 Cypress Lane Sold | $655,000 | 4 | 2 | 1,324 | $495 | 0.7 mi |
B 406 Anza Avenue Active | $825,000 List Price | 3 | 2 | 1,408 | $586 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1961 and owned by the same family for over 50 years, the home is in largely original condition. The kitchen and bathrooms are significantly dated (30+ years), featuring older appliances, cabinetry, and wood paneling that require a full rehab 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 = 8385, living area = 1628.
Situated on a quiet cul-de-sac within walking distance to Community Park, downtown Davis, and top-rated schools, this property offers an unbeatable lifestyle in a highly sought-after neighborhood.
The generous 8,385 sqft lot features a private European-inspired courtyard and a backyard oasis complete with a pool, spa, and mature landscaping, providing rare ADU potential and premier entertaining space.
Having been cherished by the same family for over 50 years, the interior likely requires significant cosmetic and system updates to meet modern aesthetic and efficiency standards.
The garage has been utilized as a recreation room and workshop for years; buyers requiring traditional, secure vehicle storage may need to invest in converting the space back to its original purpose.
Welcome to 1315 Aspen Place, a rare opportunity to own a home that has been cherished by the same family for more than five decades. Nestled on a quiet cul-de-sac in one of Central Davis' most sought-after neighborhoods, this home offers timeless charm, exceptional potential, and an unbeatable location just minutes from downtown, top-rated schools, Community Park, and the Mary L. Stephens Davis Branch Library. Behind a private gated entry, you're welcomed into a shaded, European-inspired courtyardone of two inviting outdoor living spaces that make this home truly special. The expansive, private backyard embodies California living with a sparkling pool featuring a lava rock diving feature, spa, mature shade trees, lush landscaping, artificial turf, and plenty of room for entertaining, relaxing, or exploring the potential for an ADU. Inside, the functional floor plan offers generous living spaces filled with natural light, a cozy brick fireplace, beautiful wood accents, and original hardwood flooring throughout much of the home. The bright country kitchen features abundant cabinetry, a breakfast bar, and opens to the spacious dining area. Large windows and sliding glass doors create a seamless connection between indoor and outdoor living. In addition to the three bedrooms, a versatile study/den can easily serve as a fourth bedroom, home office, or playroom, while the garagecomplete with a charming barn doorhas long served as a recreation room and workshop. Lovingly maintained over the years, this home offers the perfect opportunity to update and personalize while preserving its solid construction and classic character. Just a short stroll away, Community Park offers something for everyone, including a pool complex, lighted tennis courts, skate park, bike pump track, dog park, softball fields, sand volleyball courts, playgrounds, picnic areas, expansive greenbelts, and miles of connected bike paths. Whether you're searching for your forever home, a renovation opportunity, or an investment in one of Davis' most desirable communities, opportunities like this are exceptionally rare. Don't miss your chance to own a home where generations of memories have been madeand where countless more await.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,628 | 2,066.458 |
| Lot Size | 8,385 | 7,359.833 |
| Price | $749.9K | $1.01M |
| Price per sq ft | $461 | $467 |
| Built year | 1961 | 1987 |
| HOA | $0 | $149 |
| Days on market | 61 | 44 |
Aug 20, 2026
$749,900
$787,000
-5% Price Drop
Initial Listing
Jul 24, 2026
$787,000
$789,000
+0% Price Increase
Initial Listing
Jul 10, 2026
$789,000
Initial Listing