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1585 Granite Place, Tracy, CA 95377, Tracy, 95377 - 2 bed, 2 bath

1585 Granite Place, Tracy, CA 95377 home-pic-0
ACTIVE$682,000$1,763/sqft
Est. Value: $680,999
%
FairlyEstimate
1585 Granite Place, Tracy, CA 95377
2Beds
2Baths
1,763Sqft
5,130Lot

Price Vs. Estimate

The estimated value ($680,998.785) is $1,001.215 (0%) lower than the list price ($682,000). This property may be overpriced.

Key pros and cons

Top Pros:
Exclusive 55+ Gated Community: The property is situated within Regency at Tracy Lakes, an active adult gated community specifically designed for residents aged 55+, offering a secure and tailored lifestyle.
Top Cons:
Age Restriction (55+): The community's 55+ age restriction significantly limits the potential buyer pool, which could impact future resale value and market demand.

Compared to the nearby listings

Price:$682.0K vs avg $705.8K ($-23,750)39%
Size:1,763 sqft vs avg 2,394.5 sqft15%
Price/sqft:$387 vs avg $30588%

More Insights

Built in 2026 (0 years old).
Condition: This is a brand-new construction property with a year built of 2026, indicating all components are new and meet current quality standards. The kitchen boasts new stainless steel Whirlpool appliances, quartz countertops, and modern shaker cabinets. Bathrooms feature new Kohler fixtures and Piedrafina surfaces. The property includes upgraded luxury vinyl plank and hardwood flooring, ensuring a move-in ready, high-quality living experience with no deferred maintenance.
Year Built
2026
Close
-
List price
$682K
Original List price
-
Price/Sqft
$387
HOA
$375
Days on market
-
Sold On
-
MLS number
41120378
Home ConditionExcellent
Features
View-

About this home

Welcome to Regency at Tracy Lakes, 55+ Active Adult Gated Community luxury living. With three picturesque lakes, this community offers a fishing dock, 1-acre garden and dog park. With a wealth of amenities, including a clubhouse, indoor and outdoor pools, cabanas, a yoga studio, fitness center, bocce ball, and pickleball courts, every day here is an opportunity for relaxation and recreation. Onsite lifestyle director ensures there’s always something to look forward to; from fitness classes to comedy shows and wine nights. A cozy foyer and generous flex room are open to the spacious great room, central to the bright casual dining area and desirable luxury outdoor living space. The kitchen is highlighted by a large center island, stainless steel appliances, 36" gas cooktop, and a roomy walk-in pantry. Primary bedroom suite has a sizable walk-in closet, and a lovely primary bath with dual-sink vanity, a large luxe shower with seat. Create your ideal living space with a generous flex room with upgraded luxury vinyl plank flooring. An easily-accessible laundry, 2 car garage (photos not of actual home and yard, for marketing only) Come experience your dream home by scheduling a tour.

B
Bernie Romero
Listing Agent

Price History

Date
Event
Price
08/07/24
Sold
$6,129,000
11/07/23
Sold
$14,009,500
Condition Rating
Excellent
This is a brand-new construction property with a year built of 2026, indicating all components are new and meet current quality standards. The kitchen boasts new stainless steel Whirlpool appliances, quartz countertops, and modern shaker cabinets. Bathrooms feature new Kohler fixtures and Piedrafina surfaces. The property includes upgraded luxury vinyl plank and hardwood flooring, ensuring a move-in ready, high-quality living experience with no deferred maintenance.
Pros & Cons

Pros

Exclusive 55+ Gated Community: The property is situated within Regency at Tracy Lakes, an active adult gated community specifically designed for residents aged 55+, offering a secure and tailored lifestyle.
Extensive Resort-Style Amenities: Residents have access to a wealth of amenities including three lakes, a fishing dock, 1-acre garden, dog park, clubhouse, indoor/outdoor pools, cabanas, yoga studio, fitness center, bocce ball, and pickleball courts.
Dedicated Lifestyle Management: An onsite lifestyle director ensures a vibrant community with organized activities, fitness classes, and social events, fostering a strong sense of community and engagement.
Modern & Luxurious Interior Finishes: The home features a gourmet kitchen with a large center island, stainless steel appliances, a 36" gas cooktop, and a walk-in pantry, complemented by a luxurious primary bath with dual-sink vanity and a large luxe shower with seat, and upgraded luxury vinyl plank flooring.
New Construction: With a year built of 2026, this property offers the benefits of a brand-new home, including modern design, energy efficiency, and minimal immediate maintenance concerns.

Cons

Age Restriction (55+): The community's 55+ age restriction significantly limits the potential buyer pool, which could impact future resale value and market demand.
High Monthly Association Fees: A substantial monthly association fee of $375 adds a significant ongoing cost to homeownership, which potential buyers must factor into their budget.
Marketing Photo Discrepancy & Future Build: The disclaimer that photos are 'not of actual home and yard, for marketing only' combined with a 2026 build year indicates the property is not yet complete or ready for immediate occupancy, potentially creating uncertainty for buyers and requiring a longer waiting period.
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