
Newcastle, CA 95658
Analysis of 2341 Persimmon Lane, Newcastle, CA 95658 is currently available with a list price of $650,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Newcastle Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Built in 1955, this 69-year-old property is in mostly original or severely dated condition. The kitchen features 30+ year old cabinetry and finishes, while the utility/laundry area shows unfinished structural elements. The listing description emphasizes the land's development potential and building a new primary residence, suggesting the current structure is best suited as a temporary dwelling or future ADU rather than a modern primary home.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 117612, living area = 1248.
The unique two-lot configuration under one APN provides a rare opportunity to build a new primary residence on the 1.7-acre parcel while utilizing the existing structure for living or rental.
The current home’s duplex layout offers immediate versatility as an income-producing rental, an ADU, or a dedicated space for multigenerational living.
The property was recently sold within the past year on 2026-04-22. The sold price is $700,000.00.
Originally built in 1955, the existing 1,248 sqft home likely requires significant modernization and updates to meet contemporary aesthetic and efficiency standards.
The unconventional layout of two lots divided by a driveway under a single APN may present challenges for traditional appraisal and financing compared to standard residential parcels.
One-of-a-kind opportunity featuring two separate lots under one APN, divided by the driveway, offering exceptional flexibility for homeowners, investors, or developers. Live in the existing home while building your dream residence on the private 1.7-acre parcel across the driveway, or take advantage of the current home's duplex configuration and explore its potential as an ADU or income-producing property. With plenty space, privacy, and endless possibilities, this unique property is ideal for multigenerational living, rental income, or future expansion. Conveniently located in one of the area's most desirable locations on the border of Loomis and Newcastle, just off Folsom-Auburn Road, you'll enjoy the perfect blend of country living with easy access to shopping, dining, and top-rated schools.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.4 |
| Square foot | 1,248 | 1,733.667 |
| Lot Size | 117,612 | 116,160 |
| Price | $650.0K | $1.02M |
| Price per sq ft | $521 | $553 |
| Built year | 1955 | 1983 |
| HOA | $0 | $137 |
| Days on market | 22 | 52 |
Aug 18, 2026
$650,000
Initial Listing
Apr 22, 2026
$700,000
Public Record