
Tracy, CA 95377
This property presents a High-Potential Investment Opportunity with a List Price of $675,000—positioned slightly above the $674,073 Fair Market Value. While the price reflects current market stability, the property offers significant upside through its 10,071 sq. ft. lot and ADU potential. With a Condition Rating of 4, the home requires modernization, providing a clear path to forced appreciation. Located near Art Freiler School and major commuter arteries, this is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build long-term equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2931 Banbury Court Subject | $649,950* List Price | 3 | 3 | 2,397 | $274 | - |
A 2236 Sabrina Way Sold | $745,000 | 4 | 3 | 2,487 | $300 | 0.8 mi |
B 2125 Alfred George Court Active | $715,000 List Price | 3 | 3 | 2,247 | $318 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1999 (25+ years old), the home is dated and largely in original condition. While the kitchen has received a partial countertop update, the cabinetry, appliances, and flooring show age. The listing description explicitly notes the need for 'vision and updating' and the backyard is currently unfinished dirt, fitting the criteria for a property needing minor repairs and modernization.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10071, living area = 2397.
The oversized 10,062 sq. ft. lot is a rare find in this neighborhood, featuring a private driveway and separate entrance that offers significant potential for an ADU or a custom outdoor oasis.
Ideally situated with rapid access to I-205, I-580, and I-5, this property provides an excellent location for Bay Area commuters while remaining close to top-rated schools and major retail hubs.
The property is noted as needing 'vision and updating,' indicating that buyers will likely need to budget for immediate cosmetic or functional improvements to modernize the home.
At nearly 2,400 sq. ft., the home only offers three bedrooms, which may be perceived as a low bedroom count for families expecting more sleeping quarters in a house of this size.
Endless Possibilities Await at 2931 Banbury Court! Situated on an expansive 10,062 sq. ft. lot in one of Tracy's desirable established neighborhoods, this spacious 2,397 sq. ft. home offers 3 bedrooms, 3 full bathrooms, plus a versatile downstairs den that can easily serve as a home office, playroom, guest space, or potential 4th bedroom, providing flexibility to fit your lifestyle. Step inside to discover soaring ceilings, abundant natural light, and a spacious floor plan designed for comfortable living. The formal living and dining rooms offer plenty of space for entertaining, while the inviting family room with a cozy fireplace flows seamlessly into the kitchen, creating the perfect gathering place for family and friends. Upstairs, the generously sized bedrooms provide comfort and privacy, including a spacious primary suite ready to become your own personal retreat. Outside is where the possibilities truly begin. The oversized backyard is a blank canvas ready for your imagination. Create your dream outdoor oasis with a sparkling pool, outdoor kitchen, lush landscaping, garden, or play area. There's also potential for an ADU with its own private driveway and separate entrance (buyer to verify with the City of Tracy), making this an excellent opportunity for multigenerational living, rental income, or a private guest house. With a little vision and updating, this home has the potential to be transformed into a stunning showpiece while building instant equity. Conveniently located just minutes from Art Freiler School, Merrill F. West High School, neighborhood parks, Costco, Target, Safeway, restaurants, and everyday shopping. Commuters will appreciate quick access to I-205, I-580, and I-5, providing an easy drive to the Bay Area and throughout the Central Valley. Properties offering this much living space, an oversized lot, and endless possibilities are becoming increasingly difficult to find. Bring your creativity, unlock the potential, and make 2931 Banbury Court the home you've always envisioned!
No exterior & parking available.
Grades K-8 • 0.5 mi
Grades 6-8 • 1.8 mi
Grades 9-12 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.7 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,397 | 1,986.309 |
| Lot Size | 10,071 | 6,536.079 |
| Price | $650.0K | $694.7K |
| Price per sq ft | $271 | $355 |
| Built year | 1999 | 1997 |
| HOA | $0 | $302 |
| Days on market | 42 | 56 |
Aug 21, 2026
$649,950
$675,000
-4% Price Drop
Initial Listing
Jul 29, 2026
$675,000
Initial Listing
Aug 11, 2005
$599,000
Public Record