
Folsom, CA 95630
This Dual-Dwelling Residential Property is a High-Potential Investment Opportunity listed at $850,000—positioned well below the $894,141 Fair Market Value by 4%. This valuation gap provides $44,141 in Instant Equity. Boasting an Excellent Condition Rating, the estate features a renovated main house and a modern 2-bedroom ADU with owned solar and a private patio. Located near top-rated Folsom High School (Rating 9), it offers rare versatility for Owner-Occupants seeking rental offsets or Buy-and-Hold Investors requiring a turnkey, multi-income asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 219 Needles Way Subject | $850,000* List Price | 3 | 2 | 1,083 | $785 | - |
A 616 Mormon Street Sold | $880,000 | 3 | 2 | 1,050 | $838 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone an extensive recent renovation, with both the main house and the ADU featuring modern kitchens, updated bathrooms, and contemporary flooring and fixtures. Despite the 1951 original build date, the interior components appear virtually new, meeting current quality standards with no deferred maintenance, and the addition of owned solar further enhances its modern appeal.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7200, living area = 1083.
High School: Folsom High School (9/10).
The property features two separate dwellings on a single lot, including a fully renovated 2-bedroom ADU, providing a rare opportunity for significant rental income or multi-generational living.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1083, other record living area = 1850. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 5.
The main residence was originally built in 1951, which may mean older underlying plumbing or electrical systems despite the modern cosmetic updates.
With two separate homes occupying a 7,200 square foot lot, the remaining private outdoor space is relatively compact for buyers seeking a large traditional backyard.
2 HOMES ON 1 LOT!!!!!! Welcome to 219 Needles Way, a rare opportunity in the heart of Folsom featuring a fully renovated accessory dwelling unit (ADU)perfect for multi-generational living, rental income, or a private guest retreat. The main house has features three bedrooms and two full bathrooms. The 767 square foot ADU has two bedrooms and two full bathrooms. Both have been tastefully updated with modern finishes. These homes are close to parks, shopping, dining, top-rated schools, and all the lifestyle amenities Folsom is known for. With its prime location and income-producing potential, this property stands out as an incredible value and a smart long-term investment. Owned solar in ADU.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades 6-8 • 0.4 mi
Grades 9-12 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 36% |
| Square foot | 1,083 | 2,129 | 4% |
| Lot Size | 7,200 | 7,235 | 50% |
| Price | $850.0K | $775.0K | 64% |
| Price per sq ft | $785 | $376 | 99% |
| Built year | 1951 | 1999 | 6% |
| HOA | $0 | $69 | 48% |
| Days on market | 76 | 174 | 15% |
Feb 5, 2026
$850,000
Initial Listing
Sep 20, 2022
$475,000
Public Record
Apr 22, 2022
$400,000
Public Record