245 N 3rd, Shandon, California 93461, Shandon, 93461 - 2 bed, 1 bath
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Shandon, California 93461
This Value-Add Residential Asset is listed at $360,000, positioned below the $364,289 Fair Market Value by 1%. This entry point provides $4,289 in Instant Equity alongside significant upside via the 14,250-square-foot lot consisting of four contiguous parcels. Currently holding a Condition Rating of 4, the property requires cosmetic modernization but benefits from a detached studio and a 5-year-old roof. Located in the Shandon Joint Unified district, this is a prime project for Fix-and-Flip Investors or Developers seeking multi-unit potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 245 N 3rd Subject | $360,000* List Price | 2 | 1 | 1,092 | $334 | - |
A 160 N 3rd Street Sold | $425,000 | 3 | 2 | 1,152 | $369 | 0.1 mi |
B 161 N 4th Street Sold | $425,000 | 3 | 2 | 1,092 | $389 | 0.1 mi |
C 210 Calle Arroyo Pending | $419,900 List Price | 3 | 2 | 1,378 | $305 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1940, the home is functional but significantly dated. While the roof (5y) and septic (10y) have been updated, the interior kitchen and bathroom finishes appear to be over 20 years old. Visible peeling exterior paint and the presence of an older wall heater indicate the need for cosmetic updates and minor repairs.
The property consists of four contiguous lots totaling 14,250 square feet, offering a rare opportunity for future expansion or additional residential development.
In addition to the main cottage, the property includes a detached studio, providing versatile space for guest accommodations, a home office, or a creative workshop.
The home features significant recent updates, including a roof replaced five years ago and a septic system updated approximately ten years ago, reducing immediate capital needs.
Built in 1940, the home may require modernization of original systems and cosmetic upgrades to meet contemporary buyer standards.
With only one bathroom serving the main residence and the detached studio, the layout may be restrictive for families or those hosting frequent guests.
PHOTOS COMING SOON. Charming cottage with good vibes just minutes from freeways and shopping! 2 bedrooms, 1 bath and 1,100 square ft of living space with an additional detached studio for your guests. Large parcel of 4 contiguous lots for a total of 14,250 square feet and the possibility of future development ( Check with County). Septic updated about 10 years ago and roof re shingled 5 years ago. Come take a look at this cute and affordable home!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 17% |
| Baths | 1.0 | 2.0 | 17% |
| Square foot | 1,092 | 1,185 | 33% |
| Lot Size | 7,000 | 7,625 | 50% |
| Price | $360.0K | $460.0K | 17% |
| Price per sq ft | $330 | $379 | 17% |
| Built year | 1940 | 1993 | 17% |
| HOA | $0 | $0 | 50% |
| Days on market | 5 | 142 | 17% |
Apr 17, 2026
$360,000
Initial Listing
Jul 30, 2013
$85,000
Public Record