
Newcastle, CA 95658
This Versatile Multi-Generational Estate is a Strong Value Opportunity, listed at $1,350,000—positioned well below the $1,428,835 Fair Market Value by 5%. This valuation gap offers $78,835 in Instant Equity. Featuring a 2020 Primary Suite, 3.1 acres of irrigated pasture, and a 2-bedroom ADU, the property maintains a Good Condition Rating. With an oversized shop and serene pond views, this estate balances agricultural utility with modern comfort. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a flexible, income-producing lifestyle property.
Property is move-in ready.
While the home was built in 1981, it is well-maintained and move-in ready. It features a primary suite renovated in 2020 (Excellent) and updated bathrooms. The main kitchen and living areas show high-quality custom cabinetry and granite counters that appear to be 10-15 years old, placing the overall property firmly in the 'Good' category.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 135036, living area = 3695.
The property features a separate 2-bedroom, 1-bath ADU, providing an ideal setup for rental income, guest housing, or multi-generational living arrangements.
With 3.1 acres of PCWA-irrigated pasture and an oversized shop, the estate is perfectly equipped for horse owners and hobbyists requiring significant storage and workspace.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3695, other record living area = 2764.
The year-round pond is shared with a neighboring property, which may lead to potential complications regarding maintenance responsibilities and private usage.
Originally built in 1981, the home may require ongoing attention to older infrastructure or systems that were not included in the recent 2020 updates.
Enjoy this warm and inviting home on 3.1 acres in desirable Newcastle! Set far from the road! This spacious 4-bedroom, 2.5-bath home offers a possible 5th bedroom and features a beautiful newer primary suite completed in 2020, unpermitted. A separate 2-bedroom, 1-bath ADU provides the perfect setup for multi-generational living, guest accommodations, or excellent rental income potential. The fully PCWA-irrigated pasture is ready for your horses, while the oversized shop offers ample space for hobbies, equipment, or storage. Enjoy the natural beauty of a year-round pond shared with a neighboring property, along with mature orange, apricot, and plum trees that enhance the property's serene setting. A convenient mudroom opens to a sunny deck, perfect for relaxing and entertaining. Additional updates include custom cabinetry, granite counters throughout and a recently resealed driveway. This unique property combines comfort, versatility, and country charm, all in a highly sought-after Newcastle location.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 3,695 | - |
| Lot Size | 135,036 | - |
| Price | $1.35M | $829.0K |
| Price per sq ft | $365 | $420 |
| Built year | 1981 | 0 |
| HOA | $0 | $0 |
| Days on market | 34 | 62 |
Jun 18, 2026
$1,350,000
Initial Listing
Jun 1, 2007
$625,000
Public Record