2900 Canyon Falls Drive, Modesto, CA 95351, Modesto, 95351 - bed, bath
2900 Canyon Falls Drive
Modesto, CA 95351
Property Price
SUMMARY
Analysis of 2900 Canyon Falls Drive, Modesto, CA 95351 is currently available with a list price of $298,900. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the Modesto Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
OVERALL CONDITION SCORE
Property is land value only, full reconstruction required.
The property is marketed as a custom build opportunity on a half-acre lot with approved plans for a new 5,112 sqft home. The listing focuses on land value and development potential rather than an existing habitable structure, and the price point for the area suggests any current improvements are non-functional or intended for demolition.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 22429, living area = 2500.
- Approved Building Plans
The property comes with approved plans for a massive 5,112 sqft custom home, offering a significant head start by bypassing the lengthy and costly design and permitting phases.
- Prestigious Location
Situated in the exclusive 'Millionaire's Bend' within Davante Villas, this lot provides a high-end neighborhood context ideal for a luxury custom estate.
CONSRISKS & DEFICIENCIES
- Substantial Construction Investment
While the land is competitively priced, the buyer will need significant capital to fund the construction of a 5,000+ sqft luxury residence.
- Moderate School Ratings
The assigned public schools have ratings ranging from 4 to 6, which may be a drawback for families specifically seeking top-tier educational districts.
About 2900 Canyon Falls Drive
Welcome to Millionaire's Bend in Davante Villas on River Road. This over half-acre lot has plans approved for a 5,112 ft home. If you're looking to build custom, you've been waiting for this opportunity in this development. Call today!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- -
- Lot Size
- 22,429 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Modesto Unified Schools
Virginia Parks Elementary School
Grades K-6 • 0.4 mi
Mae Hensley Junior High School
Grades 7-8 • 0.8 mi
Ceres High School
Grades 9-12 • 1.6 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | 3.0 | 1% |
| Baths | - | 2.0 | 1% |
| Square foot | 2,500 | 1,252 | 96% |
| Lot Size | 22,429 | 6,700 | 94% |
| Price | $298.9K | $387.0K | 16% |
| Price per sq ft | $120 | $311 | 8% |
| Built year | - | 1957 | 3% |
| HOA | $0 | $0 | 50% |
| Days on market | 358 | 172 | 94% |
Pricing History
Listed for Sale
Mar 14, 2025
$298,900
Initial Listing
Sold
Mar 6, 2023
$220,000
Public Record
Sold
Jul 7, 2020
$162,000
Public Record
Sold
May 15, 2019
$2,500
Public Record