
Tracy, CA 95376
This property presents a High-Potential Investment Opportunity with a List Price of $699,000—positioned well below the $668,660 Fair Market Value by -4%. While the property requires a comprehensive rehab due to its Condition Rating of 5, the expansive 2,911 sq ft floor plan and in-ground pool provide significant upside. The detached garage offers versatile potential for an ADU conversion. This asset is ideal for Fix-and-Flip Investors or Contractors capable of modernizing the dated 1964 finishes to capture long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 21 E Emerson Avenue Subject | $699,000* List Price | 5 | 4 | 2,911 | $230 | - |
A 264 W Emerson Avenue Sold | $575,000 | 4 | 2 | 2,210 | $260 | 0.2 mi |
B 1865 Newport Court Sold | $580,000 | 4 | 3 | 2,373 | $244 | 1.0 mi |
C 251 Ramona Way Pending | $649,900 List Price | 5 | 3 | 2,248 | $289 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1964 (60 years old) with mostly original 'retro' kitchen and pink tile bathrooms. While one bathroom has a partial update, the property shows significant deferred maintenance, including visible ceiling cracks in the garage conversion and dated systems. It requires a comprehensive rehab to address the 50+ year old finishes and potential structural/safety issues in the converted spaces.
Boasting 5 bedrooms and nearly 3,000 square feet, this home offers a rare amount of interior volume and a flexible floor plan ideal for large or multi-generational families.
The backyard is a true standout, featuring an in-ground pool, a sauna, and a dedicated outdoor full bath, providing a resort-style setup for year-round entertainment.
The detached garage offers significant value-add potential, with the footprint already utilized as an exercise room and the possibility for conversion into an ADU or in-law quarters.
With mentions of retro tile and rustic paneling, the 1964-built interior likely requires cosmetic modernization to appeal to buyers seeking a contemporary aesthetic.
The assigned elementary and middle schools currently hold lower ratings (3/10), which may be a concern for families prioritizing high-performing educational districts.
This lovely 5-bedroom home sits in the heart of Tracy and offers an impressive amount of space and opportunity. Occupying an expansive 8,102 sq ft lot, it welcomes you with a spacious living room that’s currently used as a formal dining area, complete with a cozy fireplace. The large country kitchen features retro tile, a convenient kitchen nook, and opens into an expansive family room boasting rustic paneling, a beverage bar, and a fireplace with a custom brick facade. French doors from the family room lead directly to the backyard and pool, creating a seamless indoor-outdoor lifestyle. Upstairs, the master bedroom offers two walk-in closets, a private balcony, and a comfortable sense of privacy. One of the additional bedrooms can easily serve as a retreat or a dedicated office, with convenient access to the full bathroom. Downstairs, you’ll find three bedrooms in total, along with an updated 1½ bath for added everyday convenience. Outside, the home truly shines with a large in-ground pool, an adjacent deck area made for entertaining, and plenty of room for a lawn, garden, or future landscaping ideas. You’ll also appreciate the added convenience of a sauna and a full bath accessible directly from the backyard—perfect for pool days and year-round use. The detached garage adds even more flexibility. It’s currently set up as an exercise room and storage area, but it can be returned to its original garage use, potentially repurposed into in-law quarters, or imagined as an entertainment “cave.”
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-8 • 0.6 mi
Grades 9-12 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.7 |
| Baths | 4.0 | 3.0 |
| Square foot | 2,911 | 1,986.309 |
| Lot Size | 8,100 | 6,536.079 |
| Price | $699.0K | $694.7K |
| Price per sq ft | $240 | $355 |
| Built year | 1964 | 1997 |
| HOA | $0 | $302 |
| Days on market | 33 | 56 |
Aug 7, 2026
$699,000
Initial Listing
Jun 7, 2021
$700,000
Public Record
Jun 28, 2019
$430,000
Public Record
Aug 3, 2012
$263,000
Public Record
Aug 11, 1994
$153,000
Public Record