1315 Aspen Place, Davis, CA 95616, Davis, 95616 - 3 bed, 2 bath
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Davis, CA 95616
This Single Family Residence presents a High-Potential Investment Opportunity with a List Price of $789,000—positioned slightly above the $784,291 Fair Market Value. While the home is in Fair Condition Rating due to its original 1961 finishes, the 8,385 sq. ft. lot and ADU potential provide significant upside for forced appreciation. Featuring a private pool and spa, this property offers a rare blend of lifestyle and renovation potential. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to personalize a classic Davis home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1315 Aspen Place Subject | $789,000* List Price | 3 | 2 | 1,628 | $482 | - |
A 664 K Street Sold | $675,000 | 3 | 1 | 1,086 | $622 | 0.6 mi |
B 1513 Cypress Lane Sold | $655,000 | 4 | 2 | 1,324 | $495 | 0.7 mi |
C 710 Villanova Drive Active | $886,000 List Price | 4 | 2 | 1,742 | $509 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1961 and held by the same family for over 50 years, the home is in mostly original condition. The kitchen features 40+ year old cabinetry and appliances, and the bathrooms are significantly dated with wood paneling and older fixtures. While the home is 'lovingly maintained,' the age of the primary systems and finishes exceeds 30-50 years, requiring 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 near Community Park and downtown, this property offers an unbeatable location within one of Davis's most sought-after and walkable neighborhoods.
The expansive 8,385 sq. ft. lot features a private European-inspired courtyard, a sparkling pool with a lava rock feature, and ample space with ADU potential.
Having been held by the same family for over 50 years, the home retains much of its original 1961 character and will likely require cosmetic updates to meet modern standards.
The garage has been utilized as a recreation room and workshop, which may require conversion back to a traditional format for buyers prioritizing enclosed vehicle storage.
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 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,628 | - |
| Lot Size | 8,385 | - |
| Price | $789.0K | $879.0K |
| Price per sq ft | $485 | $487 |
| Built year | 1961 | 0 |
| HOA | $0 | $0 |
| Days on market | 12 | 35 |
Jul 10, 2026
$789,000
Initial Listing