
Applegate, CA 95703
This property presents a High-Potential Investment Opportunity with a List Price of $849,000—positioned well below the $846,615 Fair Market Value (Note: Market value is effectively at list price). Featuring a 6-bedroom main residence and a separate 640-square-foot ADU, this asset offers significant income potential. With a Condition Rating of 4, the home requires cosmetic modernization, providing a canvas for value-add renovations. The expansive 4.5-acre lot with a 40' x 20' shop and RV hookups makes this an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking multigenerational flexibility.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 300 Larsen Lane Subject 6 bd · 3 ba · 2,619 sqft · $306 | $799,000* List Price | 6 | 3 | 2,619 | $306 | - |
A 18925 Applegate Rd Active 5 bd · 5 ba · 3,243 sqft · $261 · 0.3 mi | $845,000 List Price | 5 | 5 | 3,243 | $261 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1989 (35 years old) with no mention of recent renovations to kitchen, baths, or major systems. The listing language 'make it your own' and 'create your own canvas' strongly suggests dated interiors, while exterior photos show deferred maintenance (peeling paint/weathering) on the decking.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 196020, living area = 2619.
The property features a substantial 6-bedroom main residence plus a separate, permitted 640-square-foot ADU with its own address and driveway, offering excellent flexibility for rental income or extended family living.
Equipped with a 40' x 20' shop on a concrete pad and two dedicated RV spaces with full hookups, this estate is perfectly tailored for hobbyists, contractors, or those with significant recreational equipment.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2619, other record living area = 3259. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 3.
The marketing emphasis on 'making it your own' and 'creating your own canvas' suggests the 1989 interior may require significant cosmetic updates or modernization to meet current market expectations.
The expansive 4.5-acre lot, featuring koi ponds, mature fruit trees, and multiple elevated wooden decks, will require substantial ongoing time and financial investment to maintain and preserve.
A property with room to dream, create, and make it your own. Set among towering Black Oaks and Ponderosa Pines, this expansive 6-bedroom, 3-bath home offers 2,619 square feet of living space, complemented by a separate 640-square-foot, 1-bedroom, 1-bath ADU with its own private driveway and address. Whether you envision multigenerational living, hosting guests, creating a private workspace, generating rental income, or simply having room for everything you love, the possibilities here are exceptional. The grounds offer an inviting blend of natural beauty and functionality, with koi ponds, mature fruit trees, river rock accents, and established landscaping supported by automated drip irrigation. The property is equally suited for those who love the outdoors, recreational toys, and hands-on projects. Two RV/trailer spaces with full hookups, an expansive asphalt circle driveway, and a 40' x 20' shop with a concrete pad provide plenty of space for boats, trailers, equipment, hobbies, and more. A private guest cottage with a wraparound deck adds another layer of versatility. Take in the peaceful surroundings from one of three elevated decks, where views of the surrounding trees create a beautiful backdrop for morning coffee, summer gatherings, or quiet evenings under the stars. With space to entertain, unwind, garden, work, create, and explore, this is a property that adapts to the life you want to live. Conveniently located approximately 10 minutes from Auburn and Colfax, 30 minutes from Sacramento, and about an hour from Lake Tahoe, you'll enjoy the feeling of a private retreat while remaining within easy reach of the city and year-round recreation. Come see the possibilities and create your own canvas.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,619 | 1,850.333 |
| Lot Size | 196,020 | 94,380 |
| Price | $799.0K | $596.0K |
| Price per sq ft | $305 | $321 |
| Built year | 1989 | 1989 |
| HOA | $0 | $0 |
| Days on market | 45 | 36 |
Oct 7, 2026
$799,000
$849,000
-6% Price Drop
Initial Listing
Sep 11, 2026
$849,000
Initial Listing
Mar 5, 2025
$810,000
Public Record