16221 Gustafson Avenue, Patterson, CA 95363, Patterson, 95363 - 3 bed, 2 bath
16221 Gustafson Avenue
Patterson, CA 95363
Property Price
SUMMARY
Analysis of 16221 Gustafson Avenue, Patterson, CA 95363 reveals a Fairly Priced Property with a current list price of $999,500 aligned with the estimated $999,500 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Patterson 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 |
|---|---|---|---|---|---|---|
★ 16221 Gustafson Avenue Subject | $999,500* List Price | 3 | 2 | 1,500 | $666 | - |
A 1407 E las palmas Pending | $1,098,888 List Price | 4 | 2 | 1,929 | $570 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
While originally built in 1920, the property has been extensively renovated and is in move-in ready condition. The interior features a modernized kitchen with granite countertops and stainless steel appliances, along with an updated primary bathroom featuring a contemporary walk-in shower. Significant investments have been made in the outdoor living spaces, including a swimming pool, hot tub, and a 'party barn' with new concrete flooring, indicating the home has been well-maintained and updated within the last 5 to 15 years.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 419047, living area = 1500.
- Exceptional Outdoor Entertainment
The property is an entertainer's dream, featuring a swimming pool, hot tub, and a unique 'party barn' equipped with a bar and new concrete flooring.
- Expansive Acreage and Utility
With nearly 10 acres of fully fenced land and electric-fenced pastures, this property offers significant potential for equestrian use, livestock, or agricultural pursuits.
CONSRISKS & DEFICIENCIES
- Vintage Structural Age
Built in 1920, the home may present maintenance challenges or require updates to underlying systems common in century-old structures.
- Limited Interior Square Footage
At 1,500 square feet, the living space is relatively modest compared to the nearly $1 million price point, which primarily reflects the value of the land and outbuildings.
About 16221 Gustafson Avenue
Embrace the peace and tranquility of country living at 16221 Gustafson Avenue in Patterson. This charming homestead was designed for both comfortable living and outdoor enjoyment. Cozy winter nights await in the living room featuring a free-standing wood-burning stove. Host unforgettable dinners in the beautiful kitchen with its granite countertops and pine cabinetry. Immerse yourself in the spa-like experience of a walk-in shower in the primary bathroom. Relax and unwind in your own swimming pool and hot tub with breathtaking views of the hills. Entertain to your heart's content with the gorgeous yard. There's room for any get-together with the patio, pergola and party barn complete with a new concrete main floor, bar and party lights. The property is fully fenced and the pastures have electric fencing. This home is loaded with updates/upgrades and endless potential. Bring your family, animals and toys!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1920
- Lot Size
- 419,047 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 48% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,500 | 2,086 | 20% |
| Lot Size | 419,047 | 6,199 | 98% |
| Price | $999.5K | $487.2K | 99% |
| Price per sq ft | $666 | $237 | 99% |
| Built year | 1920 | 2001 | 20% |
| HOA | $0 | $0 | 50% |
| Days on market | 145 | 180 | 31% |
Pricing History
Listed for Sale
Oct 13, 2025
$999,500
Initial Listing
Sold
Aug 22, 2018
$680,000
Public Record