1508 Victoria Dr, Modesto, CA 95351, Modesto, 95351 - 2 bed, 0 bath
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This property represents a Strong Value Opportunity, listed at $388,888—positioned above the $354,030 Fair Market Value. While priced at a premium, the Mint Condition Rating and status as a New Build minimize immediate capital expenditure. The expansive 9,583 sqft lot provides significant ADU & Expansion Potential, offering a strategic path for rental income or multi-generational living. This asset is best suited for Buy-and-Hold Investors seeking long-term land utility or Owner-Occupants prioritizing modern construction and agricultural versatility in a quiet, rural-residential setting.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1508 Victoria Dr Subject 2 bd · 0 ba · 784 sqft · $452 | $388,888* List Price | 2 | 0 | 784 | $452 | - |
A 2017 Donald Street Sold 2 bd · 1 ba · 720 sqft · $438 · 0.7 mi | $315,000 | 2 | 1 | 720 | $438 | 0.7 mi |
B 1629 Bedford Avenue Sold 2 bd · 1 ba · 862 sqft · $398 · 0.8 mi | $343,000 | 2 | 1 | 862 | $398 | 0.8 mi |
C 1629 Bedford Avenue Sold 2 bd · 1 ba · 862 sqft · $398 · 0.8 mi | $343,000 | 2 | 1 | 862 | $398 | 0.8 mi |
D 1508 Picardy Drive Pending 3 bd · 2 ba · 758 sqft · $462 · 0.2 mi | $350,000 List Price | 3 | 2 | 758 | $462 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1936, the listing explicitly describes the home as a 'new property, new build,' indicating a total reconstruction or comprehensive renovation within the last 5 years, meeting the criteria for mint condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9583, living area = 784.
The generous 9,583 sqft lot is already prepped for an Accessory Dwelling Unit (ADU) with floor plans available, offering significant value-add potential for rental income or multi-generational living.
Marketed as a 'new build,' this property provides the benefits of modern construction, updated systems, and contemporary finishes, minimizing the need for immediate maintenance or repairs.
At just 784 square feet, the home's compact footprint may be a significant drawback for families or buyers requiring more spacious indoor living areas.
With a list price of $388,888 for a small two-bedroom home, the price per square foot is notably high, which could pose challenges for appraisals and buyer perceived value.
It's a must see! New property, new build. There is so much potential, from building an additional property for income or a large family, to growing crops. Property is located in agriculture area. Property has a big lot and was divided to place an ADU in back, floor plans available.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 0.0 | 2.0 |
| Square foot | 784 | 1,595.344 |
| Lot Size | 9,583 | 6,731.123 |
| Price | $388.9K | $461.9K |
| Price per sq ft | $496 | $295 |
| Built year | 1936 | 1976 |
| HOA | $0 | $147 |
| Days on market | 10 | 52 |
Oct 14, 2026
$388,888
Initial Listing
Jul 24, 2024
$190,000
Public Record
May 22, 2020
$115,000
Public Record