2874 Calaveras Drive, Fairfield, CA 94534, Fairfield, 94534 - 4 bed, 3 bath
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Fairfield, CA 94534
This property presents a High-Potential Investment Opportunity with a List Price of $599,000—positioned well above the $526,481 Fair Market Value by -13%. While the home requires modernization, it features a Condition Rating of 5, a durable metal roof, and paid-off solar panels. The versatile floor plan includes a primary suite on the first floor, ideal for multi-generational living. Located near K. I. Jones Elementary, this asset is best suited for Buy-and-Hold Investors or Owner-Occupants seeking a value-add project in a stable Fairfield neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2874 Calaveras Drive Subject | $599,000* List Price | 4 | 3 | 2,320 | $227 | - |
A 1737 Alford Dr Sold | $505,000 | 4 | 3 | 2,068 | $244 | 0.5 mi |
B 2695 Vista Linda Court Sold | $590,000 | 3 | 2 | 2,005 | $294 | 0.3 mi |
C 2795 Vista Palomar None Active | $565,000 List Price | 4 | 3 | 1,924 | $294 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1976 and still held by the original owner, the property is in entirely original condition. The kitchen and bathrooms are nearly 50 years old with dated cabinetry, fixtures, and popcorn ceilings throughout. While the metal roof and solar panels are functional upgrades, the interior requires a comprehensive rehab to address decades of cosmetic and functional obsolescence.
The property features a long-lasting metal roof and solar panels that will be fully paid off at closing, offering the new owner significant long-term savings on utility and maintenance costs.
The floor plan is highly desirable, featuring both the primary suite and a guest bedroom on the first floor, making it ideal for multi-generational living or those seeking single-level accessibility.
The potential for an assumable VA loan provides a unique and competitive financing opportunity, potentially allowing eligible buyers to secure a lower interest rate than current market offerings.
Being sold in 'as-is' condition by the original owner, the home likely requires significant cosmetic updates and modernization to meet contemporary aesthetic and functional standards.
With 97 days on the market, the property may face challenges with buyer perception regarding its pricing or condition, which could impact its competitive positioning.
Possible assumable VA loan. Welcome to this great Fairfield neighborhood with easy access to freeways, shopping, and schools. The home is occupied by the original owner and is ready for the next lucky owner to put their personal touches on this lovely original residence. Located on the first floor is the primary suite along with another guest bedroom and second bathroom. Upstairs, you'll find two more bedrooms and a third bathroom. Built on almost 1/5 acre, you can entertain guests on the large trellis-covered patio and grow your own fresh vegetables in the fenced garden. The home features a metal roof and Solar Panels that will be paid for at closing. This a great floor plan in a lovely neighborhood! Home is being sold in "as is" condition.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-8 • 0.8 mi
Grades K-8 • 3.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,320 | 2,356 | 49% |
| Lot Size | 7,841 | 8,276 | 45% |
| Price | $599.0K | $650.0K | 37% |
| Price per sq ft | $258 | $294 | 27% |
| Built year | 1976 | 1989 | 15% |
| HOA | $0 | $0 | 50% |
| Days on market | 117 | 239 | 10% |
Feb 16, 2026
$599,000
Initial Listing