
Vacaville, CA 95688
This 4-bedroom Single Family Residence represents a Strong Value Opportunity, listed at $699,000—positioned well below the $659,659 Fair Market Value by -5%. While the property requires a Condition Rating of 5 due to its original 1989 finishes, it offers significant potential for cosmetic modernization. Key features include a versatile downstairs bedroom, a private basketball court, and scenic rolling hills views. This property is an ideal acquisition for Value-Add Investors or Owner-Occupants looking to build equity through strategic renovations in a convenient Vacaville location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 242 Alder Crest Way Subject 4 bd · 3 ba · 2,174 sqft · $302 | $680,000* List Price | 4 | 3 | 2,174 | $302 | - |
A 291 Woodcrest Drive Sold 4 bd · 3 ba · 2,362 sqft · $311 · 0.1 mi | $735,000 | 4 | 3 | 2,362 | $311 | 0.1 mi |
B 254 Limerick Way Sold 4 bd · 3 ba · 1,796 sqft · $306 · 0.4 mi | $550,000 | 4 | 3 | 1,796 | $306 | 0.4 mi |
C 355 Sun Valley Way Sold 3 bd · 2 ba · 1,616 sqft · $368 · 0.2 mi | $595,000 | 3 | 2 | 1,616 | $368 | 0.2 mi |
D 184 Bald Eagle Dr Sold 4 bd · 3 ba · 2,003 sqft · $330 · 0.9 mi | $660,000 | 4 | 3 | 2,003 | $330 | 0.9 mi |
E 724 Chelmsford Court Pending 4 bd · 3 ba · 2,102 sqft · $352 · 0.5 mi | $739,000 List Price | 4 | 3 | 2,102 | $352 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1989 (>30 years old) and appears to be in mostly original condition. The kitchen and wet bar feature dated white tile countertops and oak cabinetry, while the living areas and bedrooms are fitted with aged green carpeting. Based on the age and lack of significant renovations, the property requires a full cosmetic rehab to meet modern standards.
The home features a highly desirable downstairs bedroom and full bathroom, providing an ideal setup for multi-generational living, guests, or a private home office.
The property boasts a private basketball court and scenic rolling hills views, offering a unique lifestyle and entertainment space with low-maintenance landscaping.
Situated on a private corner lot with no monthly association fees, this residence offers enhanced privacy and lower recurring ownership costs compared to nearby developments.
The assigned middle school carries a lower rating (4/10) compared to the elementary and high schools, which may be a concern for education-focused buyers.
The current list price of $699,000 is lower than the 2022 sale price of $710,000, indicating a lack of appreciation and a slight decline in market value over the last two years.
Need to upgrade to a larger home but don't want that 700/800K price tag? Welcome to 242 Alder Crest Way, this highly sought after Vacaville neighborhood 4-bedroom 3 bath home with a 3 car garage downstairs bedroom and full bath, offering a great opportunity to make it your own! Plus a seller willing to give a credit towards RATE BUY DOWN! This home checks all the boxes for space, flexibility, lifestyle that you'll love coming home to. The downstairs offers the perfect private space for guests, grandparents, older children, or anyone who appreciates having their own area. And then there's the backyard - bring the game home with your own basketball court! Whether it's family pickup game, practice your shots or entertaining friends, this is a backyard designed to be enjoyed. The low maintenance yard gives you more time to enjoy it and less time worrying about the upkeep. Step outside to a true corner lot no side neighbors just the beautiful rolling hills directly across the street, adding an open, peaceful feel to the neighborhood with lots of walking trails and welcoming community close to schools, shopping, dining, and everyday conveniences. This home offers the combination of comfort and convenience buyers want and with this one you can make it YOUR style. With a versatile floor plan, downstairs bedroom and full bath, private corner house, 3 car garage and easy care yard with scenic surroundings 242 Alder Crest Way is more than a place to live - it's a home built for the way life happens.
No exterior & parking available.
Grades K-6 • 0.5 mi
Grades 7-8 • 1.8 mi
Grades 9-12 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.7 |
| Baths | 3.0 | 2.7 |
| Square foot | 2,174 | 1,795.678 |
| Lot Size | 7,623 | 6,765.779 |
| Price | $680.0K | $633.1K |
| Price per sq ft | $313 | $350 |
| Built year | 1989 | 1989 |
| HOA | $0 | $161 |
| Days on market | 66 | 52 |
Oct 7, 2026
$680,000
$699,000
-3% Price Drop
Initial Listing
Sep 4, 2026
$699,000
Initial Listing
Apr 20, 2022
$710,000
Public Record