2990 Bowery Lane, Lincoln, CA 95648, Lincoln, 95648 - 3 bed, 3 bath
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2990 Bowery Lane
Lincoln, CA 95648
ACTIVE
CONDITION: EXCELLENT
3Beds
3Baths
1,363Sq Ft
1,995Lot Size
Property Price
LIST PRICE$439,900
EST. MARKET VALUE
$461,190
4% BelowMARKET VALUE
SUMMARY
This Modern Single-Family Residence is a Strong Value Opportunity, listed at $439,900—positioned well below the $461,191 Fair Market Value by 4%. This valuation gap offers $21,291 in Instant Equity for the buyer. Featuring a Mint Condition Rating and Owned Solar, this 2024-built home offers a turnkey lifestyle with modern kitchen finishes. Its corner-lot position in the Velare at Twelve Bridges subdivision provides enhanced privacy. This property is an ideal acquisition for first-time buyers or owner-occupants seeking a low-maintenance, energy-efficient home.
Estimated Market Value
$461,190+$21,290 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Lincoln.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2990 Bowery Lane Subject | $439,900* List Price | 3 | 3 | 1,363 | $338 | - |
A 2943 Pulp Mill Lane Sold | $499,900 | 3 | 3 | 1,407 | $355 | 0.0 mi |
B 2961 Bowery Lane Sold | $510,900 | 3 | 3 | 1,407 | $363 | 0.0 mi |
C 2984 Bowery Lane Sold | $500,000 | 3 | 3 | 1,407 | $355 | 0.0 mi |
D 2973 Bowery Lane Sold | $500,000 | 3 | 3 | 1,407 | $355 | 0.0 mi |
E 2815 Stargaze Lane Sold | $449,767 | 3 | 3 | 1,373 | $328 | 0.4 mi |
F 2985 Bowery Lane Sold | $499,900 | 3 | 3 | 1,407 | $355 | 0.0 mi |
G 2100 Heavenly Street Sold | $457,000 | 3 | 3 | 1,622 | $282 | 0.5 mi |
H 1288 Leonhardt Loop Sold | $520,000 | 3 | 3 | 1,518 | $343 | 0.6 mi |
I 2925 School House Lane Pending | $499,900 List Price | 3 | 3 | 1,407 | $355 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Built in 2024, this home is in mint condition with brand new systems, owned solar, and modern finishes. As a new construction, it requires no maintenance and features contemporary kitchen appliances and bathrooms.
PROSSTRENGTHS & OPPORTUNITIES
- Energy Efficiency & Modernity
Built in 2024, this home features owned solar panels and contemporary construction, offering significant utility savings and the peace of mind that comes with a brand-new property.
- Prime Corner Lot Position
The property is situated on a desirable corner lot within the Velare at Twelve Bridges subdivision, providing enhanced curb appeal and increased privacy compared to standard interior lots.
- Competitive Market Value
Currently listed at $439,900, the property is priced below its previous sale price of $456,000, representing an excellent opportunity for buyers to acquire a newer home at a discounted entry point.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1995, other record lot size in square feet = 2165.
- Limited Outdoor Space
With a lot size of only 1,995 square feet, the property offers very minimal yard space, which may be a deterrent for buyers seeking traditional outdoor recreation or gardening areas.
- Compact Interior Layout
At 1,363 square feet for a three-bedroom, three-bathroom residence, the living spaces and secondary bedrooms may feel tight for families or those requiring more expansive common areas.
About 2990 Bowery Lane
Come discover this beautiful corner-lot home with OWNED solar located in Velare at Twelve Bridges subdivision. Built in 2024, this charming residence offers the perfect blend of comfort and style, featuring inviting neutral tones throughout. The thoughtfully designed kitchen is equipped with stainless steel appliances, creating an ideal space for both everyday living and culinary enthusiasts alike. Upstairs, you'll find three bedrooms, including the spacious primary suite featuring a private bathroom with a shower stall and a generous walk-in closet. The second floor also includes an additional full bathroom and a conveniently located laundry area. Come experience all this home has to offer and imagine the possibilities of making it your own.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2024
- Lot Size
- 1,995 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $84 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.6 |
| Square foot | 1,363 | 1,944.97 |
| Lot Size | 1,995 | 6,942.788 |
| Price | $439.9K | $635.3K |
| Price per sq ft | $323 | $347 |
| Built year | 2024 | 2005 |
| HOA | $84 | $188 |
| Days on market | 71 | 49 |
Pricing History
Listed for Sale
Jun 30, 2026
$439,900
Initial Listing
Sold
Mar 27, 2024
$456,000
Public Record