
Colfax, CA 95713
This Single Family Residence presents a Strong Value Opportunity, listed at $399,000—positioned well below the $420,868 Fair Market Value by 5%. This valuation gap offers $21,868 in Instant Equity for the buyer. Featuring a Condition Rating of 4, the home offers move-in ready interiors with newer carpet, while the 9,148 sqft lot and outdoor decks provide a peaceful, wooded retreat. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a walkable, lifestyle-focused location near Historic Downtown Colfax.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 140 Depot Street Subject | $399,000* List Price | 3 | 2 | 1,520 | $277 | - |
A 320 Pleasant Street Sold | $350,000 | 2 | 1 | 1,080 | $324 | 0.2 mi |
B 58 Colfax Avenue Pending | $295,000 List Price | 2 | 1 | 972 | $303 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1990 (34 years old), the property exceeds the 20-year threshold for 'Good' without a full renovation. While it features move-in ready cosmetic updates like newer carpet and fresh paint, the kitchen remains dated with 1990s-style tile countertops, and the exterior wooden stairs show significant weathering and age.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9148, living area = 1520.
The property is ideally situated within walking distance of Historic Downtown Colfax, providing easy access to local dining, shops, and the Amtrak station.
With newer carpeting and fresh neutral finishes, the interior offers a clean and updated aesthetic that allows for immediate occupancy without major renovations.
Constructed in 1990, the home may soon require updates to original major systems such as the roof or HVAC to maintain long-term efficiency.
The wooded and sloped mountain setting may restrict the amount of flat, functional land available for traditional gardening or outdoor activities.
Enjoy the perfect blend of small-town charm and peaceful mountain living in this inviting 3-bedroom, 2-bath home, ideally located just a short walk from Historic Downtown Colfax. Stroll to local restaurants, coffee shops, boutiques, parks, community events, and the Amtrak station while still enjoying the privacy of a wooded setting. Inside, you'll find a bright and functional floor plan featuring newer carpet, fresh neutral finishes, and spacious living areas filled with natural light. The well-designed kitchen offers ample cabinetry and counter space and opens to the dining area, creating a comfortable space for everyday living and entertaining. The primary suite includes its own full bathroom, while two additional bedrooms provide flexibility for family, guests, or a home office. A 2-car garage offers plenty of room for vehicles, storage, or hobbies. Step outside to enjoy expansive decks nestled among the trees, creating the perfect setting to relax and take in the peaceful Sierra foothill surroundings. The generous lot also offers excellent potential for an Accessory Dwelling Unit (ADU), guest cottage, or detached workshop (buyer to verify with local planning requirements), providing exciting possibilities for multigenerational living, rental income, or additional flex space. Whether you're looking for a full-time residence, weekend getaway, or investment opportunity, this home offers comfort, convenience, and an unbeatable location close to everything Historic Colfax has to offer. Possible seller financing available!
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 | 1,520 | - |
| Lot Size | 9,148 | - |
| Price | $399.0K | $459.3K |
| Price per sq ft | $262 | $334 |
| Built year | 1990 | 0 |
| HOA | $0 | $0 |
| Days on market | 21 | 99 |
Jul 1, 2026
$399,000
Initial Listing