
Newcastle, CA 95658
Analysis of 2341 Persimmon Lane, Newcastle, CA 95658 is currently available with a list price of $699,000. 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 (69 years old) with no evidence of significant renovation. The interior features heavily worn shag carpeting, dated wood trim, and an aging bathroom. The listing's emphasis on building a new primary residence and the presence of a dilapidated outbuilding suggest the current structure requires a total rehab.
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 configuration of two separate lots under one APN, including a private 1.7-acre parcel, provides a rare opportunity to build a custom dream home while maintaining the existing structure.
The existing home’s duplex configuration offers immediate flexibility for rental income, a guest house, or a multigenerational living arrangement, maximizing the property's utility.
The property was recently sold within the past year on 2026-04-22. The sold price is $700,000.00.
Built in 1955 with only 1,248 square feet of living area, the existing home may require substantial renovations or modernization to meet the expectations of today’s luxury buyers.
The single APN for two distinct parcels may complicate traditional financing options or require a formal subdivision process if a buyer intends to sell the lots separately in the future.
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 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 1,248 | - |
| Lot Size | 117,612 | - |
| Price | $699.0K | $829.0K |
| Price per sq ft | $560 | $420 |
| Built year | 1955 | 0 |
| HOA | $0 | $0 |
| Days on market | 12 | 62 |
Jul 21, 2026
$699,000
$749,000
-7% Price Drop
Initial Listing
Jul 10, 2026
$749,000
Initial Listing
Apr 22, 2026
$700,000
Public Record