
Modesto, CA 95358
This Agricultural Land Asset is a High-Potential Investment Opportunity with a List Price of $690,000—positioned below the $699,319 Fair Market Value by 1%. This valuation gap offers $9,319 in Instant Equity for buyers prepared for a cash-only acquisition. While the 1926 residence carries a Poor Condition Rating necessitating total rehabilitation, the 4.85-acre AG-2 zoned lot provides immense utility with an independent well, MID irrigation, a swimming pool, and a four-stall barn. This strategic value-add project is ideal for Fix-and-Flip Investors or Contractors.
Property is extensive renovation needed.
Built in 1926, the residence is in significant disrepair and sold 'as-is,' necessitating substantial rehabilitation or potential replacement. The property does not qualify for standard, FHA, or VA financing due to its current state, indicating major defects in safety or structural integrity, although it is currently occupied.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 211266, living area = 1588.
The 4.85-acre AG-2 zoned lot includes an independent agricultural well and MID irrigation, offering significant utility for farming, livestock, or specialized agricultural operations.
The property features a four-stall barn with a tack room, an in-ground pool, and mature landscaping including citrus and avocado trees, providing a solid foundation for a custom estate.
The 1926 residence is in significant disrepair and sold 'as-is,' necessitating a total renovation or complete replacement to be habitable.
Due to the property's current state, it does not qualify for standard, FHA, or VA financing, which significantly limits the pool of potential buyers to cash investors.
California Estate in the Central Valley Located in the Central Valley, with convenient access to Northern California, the Bay Area, the Sierra Nevada Mountains, and Los Angeles, this unique 4.85-acre AG-240 zoned property offers a land-forward opportunity with strong long-term potential. The property includes a 3-bedroom, 2-bath single-story residence built in 1926, offering potential for renovation or replacement. Existing site assets include an independent agricultural well, MID irrigation, an in-ground swimming pool, a garden shed, and a four-stall barn with equipment space and tack room. The grounds are enhanced by mature landscaping, including crepe myrtles, fruitless mulberries providing extensive summer shade, and established citrus, fruit, and avocado trees. Zoned AG-2, the property supports agricultural uses (buyer to verify desired use). The expansive, usable acreage lends itself to multi-generational living, agricultural operations, nonprofit or educational uses aligned with agriculture, and potential ADU development to expand residential or program capacity, subject to county approval. Situated currently on a dead-end road, the property offers privacy and open space while remaining close enough to town for daily essentials. The region is experiencing continued infrastructure investment and revitalization, with convenient access for day trips to the Sierra Nevada Mountains, Lake Tahoe, Southern California, the Bay Area, and Monterey Bay. Bring your vision and create. This property is being sold as is.'' Due to the current condition of the residence, this property is available for cash purchase only. Standard, FHA, or VA financing is not suitable for this property's current state. Call your agent do not disturb the occupants.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,588 | 1,469 | 68% |
| Lot Size | 211,266 | 6,778 | 91% |
| Price | $690.0K | $440.0K | 83% |
| Price per sq ft | $435 | $312 | 91% |
| Built year | 1926 | 1979 | 4% |
| HOA | $0 | $0 | 50% |
| Days on market | 79 | 180 | 17% |
Feb 2, 2026
$690,000
Initial Listing
Jul 6, 2012
$205,000
Public Record