
Colfax, CA 95713
This 1920s Single Family Residence is a High-Potential Investment Opportunity, listed at $429,000—positioned well above the $385,206 Fair Market Value by 11%. While priced above market, the property features a Condition Rating of 3 with significant modern upgrades to major systems and a large 8,716 sqft lot. The Development Potential for an ADU or lot split provides a clear path to long-term value. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a character-rich home with expansion capabilities.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 22 S Auburn St Subject 3 bd · 2 ba · 1,288 sqft · $285 | $449,000* List Price | 3 | 2 | 1,288 | $285 | - |
A 214 N Main Street Sold 2 bd · 1 ba · 1,550 sqft · $261 · 0.2 mi | $405,000 | 2 | 1 | 1,550 | $261 | 0.2 mi |
B 103 Winder Road Pending 2 bd · 2 ba · 1,056 sqft · $321 · 0.7 mi | $339,000 List Price | 2 | 2 | 1,056 | $321 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1920, the property has been well-maintained and thoughtfully updated with brand-new laminate flooring, new carpet, and a refreshed kitchen featuring modern stainless-steel appliances and butcher-block counters. Crucially, all major systems including the roof, HVAC, plumbing, and electrical have been updated, making it a functional, move-in ready home.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8716, living area = 1288.
This 1920s home perfectly balances vintage charm, like pressed-metal ceilings and coved woodwork, with essential modern upgrades to the roof, HVAC, plumbing, and electrical systems.
The oversized lot provides rare flexibility for the area, offering the potential for an ADU or a lot split, which adds significant long-term value and investment opportunity.
With three bedrooms but only 1.5 bathrooms, the configuration may be a drawback for families or buyers accustomed to a full second bathroom.
At 1,288 square feet, the interior living space is relatively modest for a three-bedroom residence, which may feel constrained for those seeking larger communal areas.
First time on the market in 35 years! From the moment you arrive, you can see the love, care and pride of ownership that have gone into this truly special 1920s Colfax home. Thoughtfully updated while preserving so much of its original character, this home beautifully blends vintage charm with modern comfort. Step inside and immediately notice the original coved ceilings, beautiful woodwork and tall ceilings that showcase the craftsmanship of another era. Brand-new laminate flooring flows into the formal dining room featuring charming custom built-ins. Continue into the show stopping kitchen, where pressed-metal ceilings create a one-of-a-kind backdrop for butcher-block countertops, refreshed cabinetry, custom cabinet pulls, stainless-steel farmhouse sink and a center island. The home offers three generously sized bedrooms, 1.5 bathrooms, new carpet, updated windows and doors, and numerous improvements throughout. Major systems including the roof, HVAC, water heater, plumbing and electrical have been updated and professionally maintained. As beautiful as the interior is, the outdoor space may steal the show. Relax on the covered front porch and enjoy the charm of small-town Colfax, including local parades passing right by the home, or escape to one of several quiet, covered sitting areas tucked throughout the property. Mature landscaping, established plants and tranquil water features create your own private garden paradise. The oversized lot offers exciting possibilities, including potential for an ADU or lot split with separate addresses, providing an opportunity for additional living space, rental income or future resale potential.(Buyer to verify) The detached two-car garage includes an additional bonus room that's ideal for a home office, gym or hobby space. There's also a separate storage shed plus additional parking with room to accommodate an RV or boat. Homes with this combination of history, character, updates, outdoor living and pride of ownership rarely come available. Located close to town with convenient freeway access, this is your opportunity to experience the charm and slower pace of life that makes Colfax so special. This isn't just a house, it's a home that has been loved for generations and is ready for its next chapter.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,288 | 1,517 |
| Lot Size | 8,716 | 34,530.333 |
| Price | $449.0K | $511.9K |
| Price per sq ft | $349 | $322 |
| Built year | 1920 | 1992 |
| HOA | $0 | $311 |
| Days on market | 17 | 67 |
Oct 17, 2026
$449,000
$429,000
+5% Price Increase
Initial Listing
Oct 7, 2026
$429,000
Initial Listing