
Esparto, CA 95627
This property presents a High-Potential Investment Opportunity with a List Price of $300,000—positioned well below the $298,655 Fair Market Value (priced at market). Featuring R-2 Zoning and a generous 7,501 sq. ft. lot, this asset offers significant upside for duplex development. With a Condition Rating of 5, the home requires a full renovation, though the brand-new roof mitigates initial capital expenditure. This is a strategic acquisition for Buy-and-Hold Investors or Contractors seeking to unlock value through multi-unit expansion or structural rehabilitation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 26922 Plainfield St Subject | $300,000* List Price | 2 | 1 | 816 | $366 | - |
A 26830 Madison Street Pending | $385,000 List Price | 2 | 1 | 1,057 | $364 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1946, this property is marketed as a major renovation project for investors and contractors. While it features a new roof and a dated kitchen/flooring update (likely 20+ years old), the lack of central HVAC (window units and wall heater), weathered outbuildings, and the listing's emphasis on 'unlocking potential' and 'rehab' indicate significant deferred maintenance and the need for a full overhaul.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7501, living area = 816.
The R-2 zoning on a generous 7,500 sq. ft. lot offers significant investment value, providing the rare opportunity for duplex development or multi-unit expansion.
A brand-new roof installed within the last eight months addresses a major structural component, reducing immediate maintenance costs and protecting the investment during renovation.
As a 1946 build marketed for its 'potential,' the property likely requires substantial updates to its interior and systems to meet modern living standards or rental readiness.
At just 816 square feet, the existing home has a very compact footprint, which may limit its appeal to traditional families or buyers not looking to expand the structure.
R-2 ZONING & INVESTMENT OPPORTUNITY! Calling all investors, contractors, and buyers looking for a property with serious potential in Esparto. Situated on an approximately 7,500 sq. ft. R-2 zoned lot with potential for duplex development, this property offers an exciting opportunity to renovate, add value, and explore future development possibilities. The existing home features 2 bedrooms, 1 bathroom, plus flexible space currently being used as a third room. A brand-new roof was installed within the last 8 months, taking care of one of the home's major improvements. Two additional outbuildings provide extra space for storage, a workshop, or other possibilities. With great structure, a newer roof, generous lot size, and valuable zoning, this property is ready for someone with the vision to unlock its full potential. Whether you're looking for your next renovation project, investment property, or a site with future development possibilities, this one is worth a look. Buyer to verify zoning, permits, development potential, and intended use with the appropriate county departments.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 4.3 |
| Baths | 1.0 | 3.0 |
| Square foot | 816 | 2,063.5 |
| Lot Size | 7,501 | 8,058.75 |
| Price | $300.0K | $563.8K |
| Price per sq ft | $368 | $291 |
| Built year | 1946 | 2003 |
| HOA | $0 | $0 |
| Days on market | 13 | 72 |
Aug 27, 2026
$300,000
Initial Listing
Feb 12, 2009
$55,000
Public Record
Mar 26, 2004
$150,000
Public Record