1585 Granite Place, Tracy, CA 95377, Tracy, 95377 - 2 bed, 2 bath
1585 Granite Place
Tracy, CA 95377
Property Price
SUMMARY
Analysis of 1585 Granite Place, Tracy, CA 95377 reveals a Prime Investment Opportunity with a current list price of $639,604—significantly undercutting the $678,979 Fair Market Value by 5%. This valuation gap indicates a +$39,375 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Tracy Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1585 Granite Place Subject | $639,604* List Price | 2 | 2 | 1,763 | $385 | - |
A 1601 Granite Place Sold | $629,000 | 2 | 2 | 1,560 | $403 | 0.0 mi |
B 2911 Beyers Ave Sold | $702,074 | 2 | 2 | 1,768 | $397 | 0.3 mi |
C 2809 Ella Way Sold | $669,995 | 2 | 2 | 1,763 | $380 | 0.0 mi |
D 2870 Lakeshore Ave Sold | $773,145 | 2 | 2 | 1,763 | $439 | 0.1 mi |
E 1569 Granite Place Sold | $619,000 | 2 | 2 | 1,560 | $397 | 0.0 mi |
F 1577 Granite Place Sold | $679,000 | 2 | 2 | 1,919 | $354 | 0.0 mi |
G 1891 Serene Ct Pending | $674,995 List Price | 2 | 2 | 1,829 | $369 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This property is a brand-new 2026 construction, meeting the highest standards for the 'excellent' category. It features modern luxury finishes including luxury vinyl plank flooring, a gourmet kitchen with a 36-inch gas cooktop and stainless steel appliances, and a primary suite with a luxe shower. As a new build, all mechanical systems, electrical devices, and structural components are new with no physical depreciation.
PROSSTRENGTHS & OPPORTUNITIES
- Resort-Style Amenities
Located in the Regency at Tracy Lakes, the property offers unparalleled access to three lakes, a clubhouse, indoor/outdoor pools, and a full-time lifestyle director, perfect for active adult living.
- Modern New Construction
Built in 2026, this home features contemporary design elements including an open-concept great room, luxury vinyl plank flooring, and a gourmet kitchen with a 36-inch gas cooktop.
- Functional Living Space
The floor plan maximizes utility with a generous flex room, a large walk-in pantry, and a primary suite featuring a luxe shower with a seat and a sizable walk-in closet.
CONSRISKS & DEFICIENCIES
- Age-Restricted Demographic
As a 55+ active adult community, the property has a restricted buyer pool, which may limit resale opportunities compared to traditional residential neighborhoods.
- Marketing Representation
The listing utilizes marketing-only photos rather than images of the actual home and yard, which may lead to discrepancies between buyer expectations and the physical property.
About 1585 Granite Place
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.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2026
- Lot Size
- 5,130 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $375 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 4.0 | 12% |
| Baths | 2.0 | 3.0 | 33% |
| Square foot | 1,763 | 2,388 | 16% |
| Lot Size | 5,130 | 6,268 | 23% |
| Price | $639.6K | $745.0K | 13% |
| Price per sq ft | $363 | $330 | 68% |
| Built year | 2026 | 2003 | 99% |
| HOA | $375 | $0 | 83% |
| Days on market | 58 | 185 | 5% |
Pricing History
Listed for Sale
Feb 28, 2026
$639,604
$639,000
+0% Price Increase
Initial Listing
Price Change
Feb 10, 2026
$639,000
$682,000
-6% Price Drop
Initial Listing
Price Change
Jan 8, 2026
$682,000
Initial Listing
Sold
Aug 7, 2024
$6,129,000
Public Record
Sold
Nov 7, 2023
$14,009,500
Public Record