
Colfax, CA 95713
This Versatile Three-Story Residence represents a High-Potential Investment Opportunity, listed at $1,100,000—positioned well below the $1,127,522 Fair Market Value by 2%. This valuation gap provides $27,522 in Instant Equity. Featuring a Fair Condition Rating, the home offers a Granite Kitchen and Panoramic Sierra Foothill Views. With a flexible layout suitable for an ADU, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a prestigious home near top-rated schools like Colfax High.
Property is moderate renovation needed.
Built in 1988 (36 years old), the property falls into the >20-year age bracket. While it features recent cosmetic upgrades like new flooring and fresh paint, the kitchen cabinets and bathroom tile work are dated. The laundry area shows an older water heater, and the overall aesthetic suggests a 15-30 year old renovation cycle, fitting the 'Fair' criteria for needing minor modern updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 165528, living area = 3989.
High School: Colfax High School (9/10).
The property features a flexible three-story layout, including a lower level with ADU/guest suite potential and a main-floor flex room, ideal for multi-generational living or a home office.
The property was recently sold within the past year on 2025-12-05. The sold price is $800,000.00.
Built in 1988, this large three-story structure on nearly four acres may require substantial ongoing maintenance and potential modernization of older mechanical systems.
The current list price of $1.1M represents a significant jump from the last recorded sale of $800,000, which may lead to appraisal challenges or buyer scrutiny regarding market value.
Welcome to this remarkable three-story castle property, nestled on 3.8 private acres in desirable Sleepy Hollow Estates. Surrounded by expansive views of rolling hills in the Sierra foothills, this distinctive home offers a rare combination of privacy, space, versatility, and natural beauty. Inside, the spacious residence showcases quality design features, upgraded flooring, and a thoughtfully designed floor plan that provides exceptional flexibility. The main level features two dining areas, two separate living areas, and a generous flex room that can easily serve as a den, home office, or additional gathering space.The kitchen is designed for both everyday living and entertaining, featuring a large center island, granite countertops, stainless steel & black appliances, ample cabinetry, and plenty of workspace for preparing foods. Upstairs, you'll find four bedrooms and two full bathrooms, including a spacious primary suite designed as a relaxing retreat. The primary suite features two walk-in closets and a spa-like bathroom complete with a jetted soaking tub and separate shower. The lower level offers tremendous flexibility and potential, with space that could be configured as an ADU, guest quarters, in-law suite, or additional living areaproviding options to accommodate extended family, visitors, hobbies, or future needs. Step outside from the main level onto the expansive deck, where the peaceful setting and panoramic views create an ideal backdrop for relaxing, family gatherings, or entertaining friends. With breathtaking surroundings, this property offers a lifestyle that is both relaxing and enjoyable. If you're looking for a distinctive country property with generous living space, versatile accommodations, privacy, and spectacular views, this exceptional Sleepy Hollow Estates home is ready to welcome you.
No exterior & parking available.
Grades K-3 • 6.2 mi
Grades 4-8 • 1.7 mi
Grades 9-12 • 3.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 5.0 | 2.0 |
| Square foot | 3,989 | 1,569.059 |
| Lot Size | 165,528 | 38,819.647 |
| Price | $1.10M | $482.1K |
| Price per sq ft | $276 | $320 |
| Built year | 1988 | 1988 |
| HOA | $300 | $150 |
| Days on market | 4 | 63 |
Sep 5, 2026
$1,100,000
Initial Listing
Dec 5, 2025
$800,000
Public Record
Aug 1, 2024
$565,000
Public Record
Sep 26, 2018
$640,000
Public Record
Dec 11, 2015
$505,000
Public Record
Mar 12, 2007
$358,000
Public Record