
Fresno, California 93704
This Historic Estate represents a Strong Value Opportunity, listed at $519,000, which aligns with its $519,000 Fair Market Value. Featuring a Condition Rating of 4, the home blends historic character with essential modern upgrades like Owned Solar, Updated HVAC, and a Resort-Style Pool. The expansive 12,690 sqft lot and ADU Potential provide significant long-term utility. This property offers a unique balance of lifestyle and versatility, making it an ideal acquisition for Owner-Occupants seeking a multigenerational setup or Buy-and-Hold Investors targeting high-demand rental areas.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1407 E Princeton Subject 3 bd · 3 ba · 2,957 sqft · $176 | $519,000* List Price | 3 | 3 | 2,957 | $176 | - |
A 643 E Vassar Active 2 bd · 1 ba · 1,972 sqft · $202 · 0.6 mi | $399,000 List Price | 2 | 1 | 1,972 | $202 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is a 1926 historic home that has received essential system updates (HVAC, roof, windows, and solar) and new cosmetic finishes like carpet and LVP flooring. However, the kitchen and bathrooms remain dated with older tile countertops, cabinetry, and fixtures likely exceeding 20 years in style, requiring modernization to meet current standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12690, living area = 2957.
This 1926 estate seamlessly blends historic grandeur with significant modern upgrades, including an owned solar system, updated HVAC, and a newer roof for energy efficiency.
The property offers immense flexibility with a parlor configured for multigenerational living, RV hookups, and seller-submitted plans for a future additional dwelling unit.
With over 180 days on the market, the property may face perception challenges regarding its value or specific historic layout despite recent price adjustments.
Despite the generous 2,957 square footage, the home only offers three bedrooms, which may limit its appeal to larger families seeking more private sleeping quarters.
Meet this Historic Grandeur with Modern Flexibility in the Heart of Fresno, 1407 E Princeton Ave, Fresno, Step into a timeless piece of Fresno history with this stunning 1920s two-story, 2976 square foot estate ideally located between Fresno City College and the beloved Christmas Tree Lane. From the moment you arrive, the gated circular driveway and iconic California palms create a striking first impression. Elegant Living with Flexible Possibilities new LVP flooring installed, Offering 3 bedrooms with new carpet in each room and 3 bathrooms, this home blends classic architecture with modern-day versatility, Private ADU Opportunity Just off the front entry, a grand formal parlor with glass French doors and a fireplace is currently configured as a private living space, ideal for guests, multigenerational living, or potential rental income, with convenient access to a nearby full bath. Light-Filled Interiors Expansive windows bathe the home in natural light, while a west-facing slider creates effortless indoor-outdoor flow. Designed for Entertaining, The spacious living room, formal dining area with fireplace and a well-appointed kitchen provide a warm and inviting setting for gatherings. Exceptional Storage & Bonus Spaces Includes a dedicated laundry area, pantry with custom built-ins, sunroom/lanai, and a full basement rare for homes of this era. Upstairs Retreats Primary Suite Escape: Features an original fireplace, access to a sun porch with a jetted tub, and a beautifully updated shared bath with dual-head shower. Secondary Suite: A generously sized bedroom with its own private bathroom and balcony overlooking the front grounds. Third Suite: A spacious multipurpose room with dual closets and a sitting room. Thoughtful upgrades include, Owned Solar System Enjoy energy efficiency and long-term savings. Major Updates Completed: Including roof, water heater, windows, and HVAC system Resort-Style Backyard: Relax or entertain in your private oasis with a pool, water fall feature, and slate stone patio. Expanded Utility Space Additional graveled parking with power and sewer hookups perfect for RVs, trailers, electric car charging, or future expansion Future ADU Potential the Seller-submitted plans to the City of Fresno for an additional unit. Enhanced security equipped with a comprehensive camera system. This home Offers a charming, historic ambiance and is conveniently located near Lafayette Park, making it ideal for walkers, cyclists, and pet owners.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,957 | 1,622.32 |
| Lot Size | 12,690 | 6,718.68 |
| Price | $519.0K | $429.7K |
| Price per sq ft | $176 | $265 |
| Built year | 1926 | 1975 |
| HOA | $0 | $169 |
| Days on market | 207 | 51 |
Aug 1, 2026
$519,000
$519,999
+0% Price Increase
Initial Listing
May 9, 2026
$519,999
$529,999
-2% Price Drop
Initial Listing
Mar 31, 2026
$529,999
Initial Listing
Nov 24, 2021
$400,000
Public Record
May 22, 2015
$250,000
Public Record
Jun 7, 2010
$159,000
Public Record