
Oakdale, CA 95361
This 1883 Victorian residence represents a High-Potential Investment Opportunity with a List Price of $300,000, currently positioned at its $300,000 Fair Market Value. Spanning 2,264 square feet on a central lot, the property features original handcrafted woodwork and downtown views, though it carries a Condition Rating of 5 requiring a total system overhaul. The significant redevelopment potential and historic architectural significance provide a clear path for forced appreciation through restoration. This asset is an ideal acquisition for Fix-and-Flip Investors or Contractors specializing in historic preservation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 151 S 3rd Ave Subject | $300,000* List Price | 4 | 2 | 2,264 | $133 | - |
A 161 S 3rd Ave Active | $300,000 List Price | 3 | 2 | 2,032 | $148 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1883, this historic Victorian requires substantial rehabilitation and modernization. The kitchen and bathrooms are severely outdated, featuring antique fixtures and lacking modern appliances. The property shows significant deferred maintenance including peeling paint, weathered exterior woodwork, and aged interior finishes. The listing description explicitly identifies the home as a restoration project with redevelopment potential, indicating that major systems and structural components likely require extensive repair or replacement to meet current living standards.
Built in 1883, this Victorian home features rare handcrafted woodwork and timeless design, offering a unique opportunity to own a piece of California history.
Situated on a prime lot with downtown views, the property offers versatile possibilities for residential restoration, community use, or redevelopment.
Priced at $300,000 for over 2,200 square feet, this property provides a low entry point for a substantial historic residence in a central location.
The home requires significant investment to modernize systems and restore its structural integrity, which may be a deterrent for buyers seeking move-in ready conditions.
As a historic landmark, future renovations may be subject to strict local preservation guidelines, potentially increasing the complexity and cost of upgrades.
Own a piece of California’s Story. Don’t miss this rare opportunity to become the next steward of one of our community’s most treasured historic homes. Built in 1883, this beautiful Victorian embodies the heart and history of California. Every detail speaks of another time, from the handcrafted woodwork to the graceful proportions that have welcomed generations. This home is a living chapter in our shared story, waiting for someone to restore, cherish, and pass forward. Set on a prime lot with redevelopment possibilities, the home offers a chance to honor its historic roots while bringing new life and modern comforts to its timeless design. Whether preserved as a family residence, revitalized for community use, or celebrated as a historic landmark, the potential here is as inspiring as the history itself. Opportunities to own such a rare architectural gem are rare. This is more than real estate-it’s the chance to protect and preserve a piece of California’s soul for future generations. Views: Downtown
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 63% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,264 | 1,914 | 71% |
| Lot Size | 4,791 | 7,500 | 7% |
| Price | $300.0K | $535.0K | 10% |
| Price per sq ft | $133 | $297 | 9% |
| Built year | 1883 | 1991 | 2% |
| HOA | $0 | $0 | 50% |
| Days on market | 335 | 200 | 91% |
May 22, 2025
$300,000
Initial Listing