
Waterford, CA 95386
This property presents a High-Potential Investment Opportunity with a List Price of $750,000—positioned above the $727,025 Fair Market Value by 3%. While the home carries a Condition Rating of 5, the 8.32-acre lot with MID irrigation and a secondary pad with utilities offers significant development upside. The existing barn and newer HVAC provide functional infrastructure for immediate use. This asset is best suited for Value-Add Investors or Owner-Occupants capable of managing a full-scale renovation to unlock the property's long-term equity potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 236 N Missouri Avenue Subject | $750,000* List Price | 3 | 2 | 2,162 | $336 | - |
A 218 N Eucalyptus Avenue Pending | $575,000 List Price | 3 | 3 | 1,680 | $342 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1952, the property is over 70 years old and shows significant dating throughout. While the HVAC is newer, the interior features original wood paneling, dated terracotta tile, worn carpeting, and a bathroom that appears to have moisture damage and 30+ year old fixtures, indicating a need for a full rehab.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 362419, living area = 2162.
The property boasts 8.32 sprawling acres equipped with MID irrigation, offering immense potential for agricultural use, livestock, or a private hobby farm.
A secondary pad with existing utilities and a separate septic system provides a turnkey opportunity to add a guest house, ADU, or additional structure.
Built in 1952, the home may require modern cosmetic updates or structural refreshments to align with contemporary aesthetic preferences.
The significant jump from the 2017 sale price of $309,000 to the current $750,000 asking price may lead to appraisal challenges unless extensive unlisted renovations have occurred.
Welcome home to 236 N Missouri Ave in Waterford, CA! This unique property offers 2,162 sq ft of living space with 3 bedrooms, 2 bathrooms, a living room, and a separate family room featuring a cozy wood-burning stove perfect for those cool Central Valley evenings. A newer HVAC system adds year-round comfort and peace of mind. Set on 8.32 sprawling acres with MID irrigation, there's room to grow, garden, or run livestock. A large barn provides fantastic storage, workshop, or equestrian potential, while a second pad with utilities and a separate septic system already in place opens the door to a guest home, ADU, or additional structure of your choosing. Enjoy the charm and warmth of small-town living with that coveted Waterford feel, great local schools, and just minutes from shopping. Craving city amenities? Modesto is right around the corner, giving you the best of both worlds peaceful acreage living with quick access to bigger-city conveniences. Whether you're dreaming of a hobby farm, an equestrian setup, or simply space to spread out, this property is bursting with potential. Don't miss your chance to make this one-of-a-kind Waterford gem your own!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.4 |
| Baths | 2.0 | 2.4 |
| Square foot | 2,162 | 1,816.692 |
| Lot Size | 362,419 | 8,565.077 |
| Price | $750.0K | $482.8K |
| Price per sq ft | $347 | $292 |
| Built year | 1952 | 2003 |
| HOA | $0 | $99 |
| Days on market | 47 | 40 |
Jul 24, 2026
$750,000
Initial Listing
Oct 31, 2017
$309,000
Public Record