
Fairfield, CA 94533
This 4-bedroom residential asset represents a High-Potential Investment Opportunity with a List Price of $470,000—positioned well below the $483,908 Fair Market Value by 2%. This valuation gap offers $13,908 in Instant Equity for buyers prepared to execute a modernization plan. Currently holding a Condition Rating of 4, the property serves as a "blank canvas" with 1,696 square feet of interior space and no HOA fees, providing significant Value-Add potential through renovation. This project is a strategic acquisition for Fix-and-Flip Investors or Contractors looking to capitalize on forced appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1584 Davis Court Subject | $459,900* List Price | 4 | 2 | 1,696 | $283 | - |
A 1012 Sparrow Lane Sold | $513,600 | 4 | 3 | 1,716 | $299 | 0.9 mi |
B 2202 Sandpiper Drive Sold | $421,000 | 4 | 2 | 1,608 | $262 | 0.7 mi |
C 2219 Channing Court Sold | $548,000 | 4 | 2 | 2,039 | $269 | 0.4 mi |
D 1012 Tanager Lane Sold | $455,000 | 4 | 2 | 1,376 | $331 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1973, the property is functional but significantly outdated. The kitchen features oak cabinetry and recessed lighting from a previous renovation (likely 20+ years ago), and the bathroom shows similar aged tiling and fixtures. While the home is currently occupied and move-in ready for some, the presence of popcorn ceilings, mismatched appliances, and the listing's own description as a 'blank canvas' for investors indicate that major systems and aesthetics are at the end of their typical lifecycle and require modernization.
With 4 bedrooms and nearly 1,700 square feet of interior space, this home offers a versatile and spacious layout that is ideal for growing families or high-occupancy rental strategies.
Marketed as a 'blank canvas' for renovation, this property provides a prime opportunity for investors or contractors to build substantial equity through modernization and custom upgrades.
The absence of an association fee reduces the monthly carrying costs for the owner and offers more freedom regarding property use and exterior modifications compared to managed communities.
The property is in need of significant updates and repairs, which will require a substantial additional capital investment and a buyer prepared for a major project.
The local elementary, middle, and high schools all carry a rating of 3, which may limit the property's appeal to families prioritizing high-performing educational environments.
Great opportunity to own a 4 bedroom home at an approachable price! Located on a court, functional floorplan with multiple bedrooms, comfortable living space, and the chance to add your own touches over time. Ideal for buyers looking for space, value, and upside potential, this home provides a strong foundation for customization while still being move-in ready. Convenient location near everyday amenities and commuter routes. If you've been waiting for an affordable 4-bedroom home, this is one to see!
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 1.4 mi
Grades 6-8 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,696 | 1,642 | 52% |
| Lot Size | 6,098 | 6,098.4 | 49% |
| Price | $459.9K | $519.0K | 27% |
| Price per sq ft | $271 | $318 | 27% |
| Built year | 1973 | 1974 | 48% |
| HOA | $0 | $0 | 50% |
| Days on market | 41 | 201 | 1% |
Apr 2, 2026
$459,900
$470,000
-2% Price Drop
Initial Listing
Mar 12, 2026
$470,000
Initial Listing