
Colfax, CA 95713
This Spacious Multigenerational Home represents a High-Potential Investment Opportunity, listed at $645,000—positioned well below the $664,188 Fair Market Value by 2%. This valuation gap offers $19,188 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the property includes a Granite Kitchen, fiber-optic internet, and scenic mountain views. Its flexible layout and turnkey status make it an ideal acquisition for Owner-Occupants seeking long-term value or Multi-generational Families requiring a functional, well-located residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 24275 Grand View Avenue Subject 5 bd · 2 ba · 3,537 sqft · $188 | $645,000* List Price | 5 | 2 | 3,537 | $188 | - |
A 24275 Grand View Active 3 bd · 2 ba · 3,537 sqft · $198 · 0.0 mi | $699,000 List Price | 3 | 2 | 3,537 | $198 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1987, this home is well-maintained and described as turnkey. It features recent updates including new stainless steel appliances, granite countertops, and brand-new carpet. While the oak kitchen cabinetry and bathroom styling are dated (15-20+ years), the overall condition is move-in ready and functional, fitting the criteria for a well-maintained older home with partial renovations.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 44221, living area = 3537.
The property offers rare rural advantages including fiber-optic internet, city water, and an emergency fire department grid, along with the significant benefit of affordable fire insurance outside the CA Fair Plan.
Situated at the end of a private road on 1.2 acres, the home provides breathtaking Sierra mountain views and a secluded atmosphere while remaining just one minute from I-80 for easy commuting.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3537, other record living area = 2006. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
With five bedrooms and over 3,500 square feet of living space, the presence of only two bathrooms is a low ratio that may be insufficient for high-occupancy households.
The current list price of $645,000 is significantly lower than the 2022 sale price of $698,000, suggesting a downward trend in valuation or a shift in local market demand.
Located at the end of a private road just 1 minute from I-80, this custom turnkey home has 5-bedrooms with 2-3 bathroom on 1.2 acres that feels like most 5 acres. Features a view of the Sierra snowcapped mountains, a flexible multigenerational layout, custom granite countertops, new stainless appliances, and brand-new carpet. Uniquely equipped with fiber-optic internet, city water, snowplowed roads, and emergency fire department grid. Fire coverage is reasonable and not on ca fair plan. This home is close to Colfax high and many other great schools and in family friendly neighborhood. Video link showing the land (August 2026) is available. Some photos have been virtually rendered.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 3,537 | 1,517 |
| Lot Size | 44,221 | 34,530.333 |
| Price | $645.0K | $511.9K |
| Price per sq ft | $182 | $322 |
| Built year | 1987 | 1992 |
| HOA | $0 | $311 |
| Days on market | 19 | 67 |
Oct 5, 2026
$645,000
Initial Listing
Apr 13, 2022
$698,000
Public Record
Jul 14, 2011
$240,000
Public Record
Aug 31, 2005
$520,000
Public Record