
Auburn, CA 95603
This Versatile Residential/Commercial Property is a Strong Value Opportunity, listed at $618,888—positioned well below the $659,719 Fair Market Value by 6%. This valuation gap offers $40,831 in Instant Equity. Featuring an Excellent Condition Rating with modern upgrades like new copper piping and dual-pane windows, the property offers OP-DC Zoning and a rare pull-thru garage. This is an ideal acquisition for Business Owners seeking live-work flexibility or Owner-Occupants looking for a turnkey, high-utility asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2315 Cottage Drive Subject | $615,000* List Price | 4 | 3 | 1,853 | $362 | - |
A 1345 Live Oak Lane Sold | $575,000 | 3 | 2 | 1,486 | $387 | 1.0 mi |
B 2435 Short Lane Active | $678,000 List Price | 5 | 3 | 1,753 | $387 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1960, the property has undergone a comprehensive modern renovation within the last 5 years. Key updates include a fully remodeled kitchen with quartz countertops and shaker cabinets, new LVP and hardwood flooring, new dual-pane windows, and significant system upgrades including new copper piping and solar panels, placing it in mint, move-in ready condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 15246, living area = 1853.
The OP-DC zoning provides unique flexibility for business owners or professional use, offering significant value for buyers looking to combine residential living with commercial utility.
The property features high-value updates including new copper piping, energy-efficient dual-pane windows with a transferable lifetime warranty, and a new driveway, reducing immediate maintenance concerns.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The solar system is leased rather than owned, which requires a contract transfer and may be a drawback for buyers who prefer to avoid ongoing monthly lease obligations.
Originally built in 1960, the home may still possess some layout limitations or older structural characteristics inherent to its era despite the extensive cosmetic and system updates.
Welcome to 2315 Cottage Drive, where modern updates, business flexibility, and foothill living come together on a beautifully improved 0.35-acre corner lot in one of Auburn's most convenient locations. This move-in-ready 4-bedroom, 2.5-bath home offers approximately 1,853 square feet of comfortable living space and has undergone extensive improvements in recent years, including remodeled kitchen and baths, updated flooring, newer appliances, fresh interior and exterior paint, dual-pane energy-efficient windows, copper plumbing, recessed LED lighting, new concrete flatwork, upgraded driveway and carport areas, and attractive new front fencing. Inside, you'll find a warm blend of character and modern convenience. Original hardwood floors complement the updated living spaces, while the remodeled kitchen features quality cabinetry, abundant storage, generous counter space, and stainless-steel appliances. Multiple gathering areas provide flexibility for everyday living, entertaining, a game room, media room, or home office. Cozy up beside the fireplace or wood stove during cool foothill evenings and enjoy the comfort of a home that has been thoughtfully updated throughout. Step outside and discover what truly sets this property apart. The spacious, fully fenced lot offers exceptional functionality with room for RVs, boats, trailers, equipment, animals, gardens, and outdoor entertaining. The pergola-covered patio creates the perfect setting for relaxing with friends and family, while the detached drive-through garage/workshop with roll-up doors on both ends provides outstanding access for projects, storage, or business use. An RV pad and hookups are already in place, and the leased solar system helps reduce monthly utility costs. Perhaps the most unique feature is the property's OP-DC zoning, offering potential flexibility for certain office and professional uses, making it an excellent opportunity for entrepreneurs, contractors, consultants, or business owners seeking the convenience of operating from home (buyer to verify permitted uses with Placer County). Located just minutes from Historic Downtown Auburn, shopping, dining, schools, parks, medical services, and Highway 49 and Interstate 80, this property combines the charm of foothill living with exceptional accessibility. Whether you're searching for a beautifully updated home, space for all your toys, a workshop, or a property that can support your business goals. COME SEE THIS BEAUTIFUL HOME!!
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 | 1,853 | - |
| Lot Size | 15,246 | - |
| Price | $615.0K | $670.3K |
| Price per sq ft | $332 | $359 |
| Built year | 1960 | 0 |
| HOA | $0 | $0 |
| Days on market | 51 | 62 |
Jul 1, 2026
$615,000
$618,888
-1% Price Drop
Initial Listing
Jun 1, 2026
$618,888
Initial Listing
Sep 22, 2021
$555,000
Public Record
Mar 6, 2009
$209,900
Public Record
Nov 18, 2005
$425,000
Public Record
Dec 31, 2002
$244,000
Public Record