
Fairfield, CA 94534
This Single Family Residence represents a Strong Value Opportunity, listed at $585,000—positioned well above the $554,747 Fair Market Value by 5%. While priced slightly above market, the property features a Condition Rating of 4, offering significant potential for value-add cosmetic modernization. The home includes a versatile outdoor office shed and a main-level primary suite, providing functional flexibility. Located near K.I. Jones Elementary (Rating 7), this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a customizable home in a prime Fairfield location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2321 China Lane Subject 3 bd · 3 ba · 1,502 sqft · $342 | $525,000* List Price | 3 | 3 | 1,502 | $342 | - |
A 2361 Mountain View Court Sold 3 bd · 2 ba · 1,608 sqft · $361 · 0.7 mi | $580,000 | 3 | 2 | 1,608 | $361 | 0.7 mi |
B 2405 Topgallant Court Active 3 bd · 2 ba · 1,541 sqft · $408 · 0.2 mi | $629,000 List Price | 3 | 2 | 1,541 | $408 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1988, this 36-year-old home features original oak cabinetry, white tile countertops, and dated fixtures in the kitchen and bathrooms. While the property appears well-maintained and move-in ready, the systems and finishes are past their typical 20-30 year lifecycle and require cosmetic updates and modernization.
The property features a highly desirable main-level primary suite and a separate outdoor office shed, offering exceptional flexibility for remote work, creative studios, or multi-generational living.
Situated in the sought-after Waterman Highlands, the home offers easy I-80 access and is within walking distance to top-rated schools like K.I. Jones Elementary, enhancing its long-term value.
Vaulted ceilings and a wood-burning fireplace in the living room create an airy, spacious feel and a warm aesthetic that distinguishes it from standard suburban layouts.
Fitting four bedrooms and three-and-a-half bathrooms into 1,502 square feet suggests a dense layout where individual room sizes and common areas may feel constrained.
The 4,600 square foot lot is relatively compact for a single-family residence in this area, which may limit outdoor recreational space or future expansion possibilities.
Welcome to 2321 China Lane, a charming 3-bedroom, 3.5-bath Waterman Highlands home offering 1,502 square feet of comfortable, flexible living in a tucked-away Fairfield setting. Step inside to a spacious living room where vaulted ceilings create an airy feel and a wood-burning fireplace adds warmth and character. A desirable main-level primary suite offers added privacy and convenience, while the additional bedrooms provide plenty of options for family, guests, hobbies, or work-from-home space. Outside, the backyard feels like its own private retreat, surrounded by mature landscaping with plenty of room to relax, entertain, garden, or simply unwind. A separate office shed creates an incredibly useful bonus space for remote work, a creative studio, home gym, or quiet escape. Set against the Waterman Highlands hillside while still conveniently close to shopping, dining, everyday amenities, and easy I-80 access, this home offers the best of both worlds, privacy when you want it and convenience when you need it. With a versatile floor plan, inviting indoor-outdoor spaces, and a location that keeps you connected to everything Fairfield has to offer, 2321 China Lane is ready for its next chapter.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades 9-12 • 7.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.6 |
| Baths | 3.0 | 2.6 |
| Square foot | 1,502 | 1,829.832 |
| Lot Size | 4,600 | 6,054.538 |
| Price | $525.0K | $613.4K |
| Price per sq ft | $350 | $326 |
| Built year | 1988 | 1990 |
| HOA | $0 | $169 |
| Days on market | 40 | 56 |
Oct 6, 2026
$525,000
$549,000
-4% Price Drop
Initial Listing
Sep 19, 2026
$549,000
$585,000
-6% Price Drop
Initial Listing
Sep 14, 2026
$585,000
Initial Listing
Nov 18, 2015
$345,000
Public Record