1409 Payne Avenue, Modesto, CA 95351, Modesto, 95351 - 3 bed, 3 bath
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Modesto, CA 95351
This Value-Add Residential Asset is listed at $680,000, positioned near the $646,347 Fair Market Value. While the Condition Rating of 4 indicates a need for kitchen and system modernization, the property offers immense upside through its expansive 0.54-acre lot. Key features include a swimming pool, a versatile 3-room pool house, and ADU potential with alley access. With RV parking and extensive storage, this site is primed for forced appreciation. It is an ideal project for Value-Add Investors or Owner-Occupants seeking a high-utility compound.
Property is moderate renovation needed.
Built in 1961, the home shows some cosmetic updates such as newer laminate flooring and one partially renovated bathroom. However, the kitchen is significantly dated with older tile countertops, cabinetry, and a fluorescent light box. While functional and well-maintained, the property requires modernization of the primary systems and kitchen 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 = 23461, living area = 2071.
The massive half-acre lot features a swimming pool, fire pit, and a versatile 3-room pool house, offering exceptional space for entertainment and guest accommodation.
With convenient alley access and a large footprint, the property is perfectly positioned for an Accessory Dwelling Unit (ADU) or additional structures, maximizing long-term value.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =23461, other record lot size in square feet = 23086.
Built in 1961, the interior features like tile countertops and older appliances may require capital investment to align with contemporary design trends.
The combination of an older structure, a large swimming pool, and extensive landscaping necessitates a higher budget for ongoing upkeep and potential system updates.
Welcome to 1409 Payne Ave in Modestoa timeless single-story home set on a spacious half-acre lot. Built in 1961, this 3-bedroom, 2-bath residence offers 2,071 sq ft of character, comfort, and opportunity. Step through a bright, open foyer into a stunning sunken living room featuring a dramatic stone fireplace wall - perfect for relaxing or entertaining. The thoughtfully designed kitchen includes tile countertops, double ovens, and a functional layout that flows seamlessly into the breakfast nook and dining area. Enjoy true indoor-outdoor living, as the main living spaces open to a covered patio and an expansive backyard. The outdoor setting is an entertainer's dream, complete with a large swimming pool, fire pit, and a versatile 3-room pool house with a full bathideal for guests, hobbies, or extended living. Garden enthusiasts will appreciate the lush, spacious grounds, along with a tool shed and potential for an ADU with convenient alley access. The oversized garage features interior access, dual side doors, and extensive built-in cabinetry for ample storage. With room for RV parking and more, this property offers space, flexibility, and endless possibilities. A truly special place to call home.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 80% |
| Square foot | 2,071 | 1,243 | 86% |
| Lot Size | 23,461 | 7,000 | 94% |
| Price | $680.0K | $390.0K | 96% |
| Price per sq ft | $328 | $314 | 61% |
| Built year | 1961 | 1960 | 54% |
| HOA | $0 | $0 | 50% |
| Days on market | 5 | 168 | 1% |
Apr 17, 2026
$680,000
Initial Listing
Sep 28, 2021
$579,000
Public Record