
Auburn, CA 95602
This Functional Single-Story Residence is a Prime Investment Opportunity, listed at $499,900—positioned well below the $515,253 Fair Market Value by 2%. This valuation gap provides $15,353 in Instant Equity. While maintaining a Fair Condition Rating due to deferred maintenance on the exterior deck, the interior features a modern kitchen with quartz waterfall countertops. Located in the gated Lake of the Pines community with elite golf course and lake access, it offers a resort-style lifestyle. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 24110 Oakmont Way Subject | $499,900* List Price | 4 | 3 | 1,857 | $277 | - |
A 24009 Green Valley Road Sold | $550,000 | 5 | 2 | 2,048 | $269 | 0.2 mi |
B 14287 Torrey Pines Drive Sold | $462,500 | 3 | 2 | 1,629 | $284 | 0.3 mi |
C 23753 Maple Court Sold | $558,700 | 3 | 2 | 1,666 | $335 | 0.5 mi |
D 22969 Sunset Ridge Drive Sold | $438,000 | 3 | 3 | 2,254 | $194 | 1.0 mi |
E 23944 Oakmont Way Active | $539,900 List Price | 3 | 3 | 1,716 | $315 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1978 and features a modern, updated kitchen with quartz waterfall countertops and stainless steel appliances. However, the overall rating is 'Fair' due to visible deferred maintenance, including a weathered exterior deck with peeling paint and potential wood rot, as well as interior ceiling patches and scuffed walls that require minor repairs.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 15246, living area = 1857.
Situated within the gated Lake of the Pines community, the property offers exclusive access to a golf course, clubhouse, parks, and extensive recreational facilities, providing a high-end lifestyle.
The current list price of $499,900 is significantly lower than the property's 2021 sale price of $534,000, offering a potential equity opportunity for buyers in a competitive market.
Built in 1978, the home may require modern updates to its interior finishes and systems to meet current buyer expectations for energy efficiency and contemporary aesthetics.
The assigned middle school has a rating of 4, which may be a drawback for education-focused families compared to areas with higher-rated school districts.
24110 Oakmont Way is a single-family residence in the Lake of the Pines community in Nevada County. Built in 1978, the one-story home contains approximately 1,857 square feet on a roughly 0.35-acre lot and includes 4 bedrooms and 3 bathrooms. Features include central heating and cooling, a wood-burning fireplace, kitchen finishes, and an attached two-car garage. The property is part of a gated HOA community with amenities such as a golf course, clubhouse, parks, and recreational facilities.
No exterior & parking available.
Grades K-5 • 1.4 mi
Grades 6-8 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 65% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,857 | 2,068.5 | 46% |
| Lot Size | 15,246 | 29,401 | 29% |
| Price | $499.9K | $612.5K | 27% |
| Price per sq ft | $269 | $321 | 29% |
| Built year | 1978 | 1985 | 27% |
| HOA | $371 | $6 | 88% |
| Days on market | 52 | 208 | 10% |
Apr 23, 2026
$499,900
Initial Listing
Jun 30, 2021
$534,000
Public Record
Jan 16, 2015
$305,000
Public Record
Jun 27, 2014
$335,000
Public Record
Aug 12, 2002
$255,000
Public Record