240 Gelf Lane, Modesto, CA 95357, Modesto, 95357 - 3 bed, 2 bath
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240 Gelf Lane
Modesto, CA 95357
ACTIVE
CONDITION: GOOD
3Beds
2Baths
1,440Sq Ft
6,599Lot Size
Property Price
LIST PRICE$444,950
EST. MARKET VALUE
$448,026
SUMMARY
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $444,950—positioned well below the $447,935 Fair Market Value by 0.67%. This valuation gap offers $2,985 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home includes remodeled bathrooms, vaulted ceilings, and an expansive paver patio. Located near local schools, this property balances modern comfort with financial stability. It is an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in ready home.
Estimated Market Value
$448,026
Based on Realkey algorithm analyzing recent comparable sales in Modesto.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 240 Gelf Lane Subject | $444,950* List Price | 3 | 2 | 1,440 | $311 | - |
A 204 Gelf Lane Sold | $430,000 | 4 | 2 | 1,440 | $299 | 0.1 mi |
B 237 Yosemite Meadows Drive Sold | $415,000 | 3 | 2 | 1,551 | $268 | 0.3 mi |
C 3917 Westfall Lane Sold | $415,000 | 3 | 2 | 1,445 | $287 | 0.3 mi |
D 3817 Wilkesboro Avenue Sold | $449,000 | 3 | 2 | 1,810 | $248 | 0.3 mi |
E 3720 Laurenburg Avenue Sold | $425,000 | 2 | 2 | 1,103 | $385 | 0.3 mi |
F 3928 El Portal Place Sold | $465,000 | 4 | 2 | 1,631 | $285 | 0.3 mi |
G 405 Melbourne Drive Sold | $425,000 | 4 | 2 | 1,440 | $295 | 0.2 mi |
H 532 Codington Way Sold | $436,000 | 3 | 2 | 1,103 | $395 | 0.4 mi |
I 3909 Julene Drive Pending | $440,000 List Price | 3 | 2 | 1,422 | $309 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
While built in 1992, the property has undergone significant recent renovations that make it move-in ready. The bathrooms are beautifully remodeled with modern fixtures, LED mirrors, and a high-end walk-in shower. The kitchen is well-maintained with updated stainless steel appliances and modern tile flooring. The exterior features a newer expansive paver patio and a powered shed, indicating excellent maintenance of the systems and grounds.
PROSSTRENGTHS & OPPORTUNITIES
- Turnkey Condition
The home features meticulously maintained interiors and remodeled bathrooms, offering a move-in ready experience that appeals to buyers seeking immediate occupancy without renovation costs.
- Enhanced Outdoor Utility
An expansive paver patio and a powered Tuff Shed provide a low-maintenance backyard solution with versatile space for entertaining, storage, or a workshop.
- Architectural Appeal
Vaulted ceilings and abundant natural light create an airy, spacious feel, complemented by a flexible office space that meets the demands of modern remote work.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6599, other record lot size in square feet = 6534.
- Average School Ratings
Local school scores range from 3 to 5, which may be a consideration for families prioritizing high-performing educational districts.
- Compact Living Space
With 1,440 square feet accommodating three bedrooms and an office, some living areas may feel slightly constrained for larger families or those requiring more expansive indoor footprints.
About 240 Gelf Lane
From the beautifully remodeled bathrooms to the incredible low-maintenance backyard, this move-in ready 3-bedroom, 2-bath home is sure to impress. Featuring vaulted ceilings, abundant natural light, spacious living areas, and a flexible office space, the home offers comfort and versatility throughout. The expansive paver patio creates the perfect setting for entertaining and outdoor living, while the powered Tuff Shed adds valuable storage and workspace. Meticulously maintained and thoughtfully updated, this is a home you'll be proud to own.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1992
- Lot Size
- 6,599 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Modesto Unified Schools
Bernard L. Hughes Elementary School
Grades K-6 • 0.4 mi
5/10
Alice N. Stroud Elementary School
Grades K-6 • 1.1 mi
5/10
Norman N. Glick Middle School
Grades 7-8 • 0.8 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,440 | 1,592.041 |
| Lot Size | 6,599 | 6,846.312 |
| Price | $444.9K | $462.1K |
| Price per sq ft | $309 | $298 |
| Built year | 1992 | 1977 |
| HOA | $0 | $155 |
| Days on market | 33 | 50 |
Pricing History
Listed for Sale
Aug 7, 2026
$444,950
Initial Listing
Sold
Dec 26, 2002
$190,000
Public Record