197 Madrona Drive, Atwater, California 95301, Atwater, 95301 - 3 bed, 2 bath
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Atwater, California 95301
This Spacious Move-In Ready Home represents a Prime Investment Opportunity, listed at $449,900—positioned well below the $465,374 Fair Market Value by 3%. This strategic pricing offers $15,474 in Instant Equity upon acquisition. With a Condition Rating of 3, the property features high-value upgrades including paid-for solar panels, a covered patio, and a large corner lot. Situated within the Atwater High School District, this residence combines financial upside with turnkey lifestyle benefits, making it perfect for Owner-Occupants and first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 197 Madrona Drive Subject | $444,900* List Price | 3 | 2 | 1,661 | $271 | - |
A 190 Manzanita Drive Sold | $415,000 | 3 | 2 | 1,425 | $291 | 0.2 mi |
B 116 Mulberry Avenue Sold | $410,000 | 4 | 2 | 1,791 | $229 | 1.0 mi |
C 205 Clipper Court Sold | $390,000 | 3 | 2 | 1,620 | $241 | 0.2 mi |
D 1561 Riechel Sold | $417,500 | 3 | 2 | 1,607 | $260 | 0.7 mi |
E 3336 Lagoon Avenue Sold | $415,000 | 4 | 2 | 1,857 | $223 | 0.3 mi |
F 2900 Los Altos Court Sold | $395,000 | 3 | 2 | 1,378 | $287 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready condition and appears exceptionally well-maintained. Although built in 1987, it features significant modern upgrades including a paid-for solar system and a well-maintained roof. The interior shows minimal wear and tear with clean flooring, neutral paint, and functional fixtures, requiring no immediate renovations or repairs.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7337, living area = 1661.
The property features fully paid-for solar panels, providing the new owner with immediate and significant long-term savings on utility expenses.
Situated on a spacious 7,337 sq. ft. corner lot, the home offers enhanced curb appeal, a covered patio for outdoor living, and a dedicated storage shed.
Built in 1987, the home may require upcoming maintenance or capital expenditures for aging systems such as the roof or HVAC if they have not been recently replaced.
The property offers a basic neighborhood view, which lacks the premium appeal of more secluded or scenic vistas found in other residential segments.
This one is beautiful and ready to move in!. Paid for Solar, 3 bedrooms, 2 bath with tile kitchen flooring and tons of storage. This home sits on a corner lot and includes a covered patio, storage shed, all situated on a 7336 sf lot.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,661 | 1,736.5 | 43% |
| Lot Size | 7,337 | 8,216.5 | 39% |
| Price | $444.9K | $457.5K | 44% |
| Price per sq ft | $268 | $268 | 50% |
| Built year | 1987 | 1987 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 19 | 173 | 1% |
Apr 15, 2026
$444,900
$449,900
-1% Price Drop
Initial Listing
Apr 3, 2026
$449,900
Initial Listing
Feb 15, 2019
$289,000
Public Record
Jun 3, 2009
$135,000
Public Record
May 9, 1997
$112,000
Public Record