
Modesto, CA 95351
This Value-Add Residential Acreage offers a rare opportunity on a nearly one-acre lot, listed at $699,000. While positioned above the $576,110 Fair Market Value, the property’s long-term value is anchored by its massive 35,610 sq. ft. lot and a partially improved detached structure ideal for a workshop. Currently holding a Condition Rating of 4, the 1967-built home requires significant modernization of its original systems and finishes. The expansive grounds provide a blank canvas for expansion, making this a strategic acquisition for Contractors or Fix-and-Flip Investors looking to capitalize on scarce, land-heavy assets.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1409 Stonum Road Subject | $679,000* List Price | 3 | 2 | 1,664 | $343 | - |
A 1205 N Central Avenue Sold | $550,000 | 3 | 2 | 1,699 | $324 | 0.3 mi |
B 1625 River Rd Sold | $715,000 | 3 | 3 | 2,034 | $352 | 0.8 mi |
C 1829 River Road Active | $675,000 List Price | 3 | 1 | 2,172 | $311 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1967, the property is in livable condition but shows signs of age and requires updates. While there are some cosmetic improvements like laminate flooring in the main areas and neutral paint, the kitchen features dated oak cabinetry and older electric appliances. The bedrooms contain stained and worn carpeting that needs replacement. The listing description explicitly markets the home as an opportunity for a buyer to 'bring your vision to life,' which typically indicates a need for modernization of major systems and finishes.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 35610, living area = 1664.
Situated on nearly an acre, this rare large parcel offers significant space for gardening, outdoor entertaining, or potential future expansion in a highly desirable location.
The property includes a detached storage structure with partial improvements, providing an excellent opportunity for a workshop, creative studio, or additional functional space.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =35610, other record lot size in square feet = 35719.
Marketed as an opportunity to 'bring your vision to life,' the property likely requires significant cosmetic or structural updates to meet modern living standards.
Built in 1967, the home may feature original systems and finishes that could necessitate immediate investment in plumbing, electrical, or HVAC upgrades.
Rare opportunity in the Ceres area with a Modesto address! Situated on a spacious lot just under an acre, this property offers room to grow in a highly desirable location while still being close to shopping, schools, and major commuter routes. The property features a main home along with a detached storage structure that has been partially improved, offering possibilities for a workshop, studio, or additional space. With nearly an acre of land, there is plenty of room for gardening, outdoor entertaining, or creating the property you've always envisioned. Large parcels in this convenient location are hard to find. Whether you're an investor, contractor, or buyer looking for space and potential, this property presents an exciting opportunity to bring your vision to life.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,664 | 1,243 | 77% |
| Lot Size | 35,610 | 7,000 | 97% |
| Price | $679.0K | $390.0K | 96% |
| Price per sq ft | $408 | $314 | 94% |
| Built year | 1967 | 1960 | 58% |
| HOA | $0 | $0 | 50% |
| Days on market | 40 | 168 | 1% |
Apr 9, 2026
$679,000
$699,000
-3% Price Drop
Initial Listing
Mar 13, 2026
$699,000
Initial Listing
May 19, 2021
$550,000
Public Record
Apr 26, 2010
$190,000
Public Record
May 28, 2004
$325,000
Public Record