309 Grace Circle, Gonzales, California 93926, Gonzales, 93926 - 3 bed, 1 bath
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309 Grace Circle
Gonzales, California 93926
ACTIVE
CONDITION: FAIR
3Beds
1Baths
1,080Sq Ft
6,000Lot Size
Property Price
LIST PRICE$650,000
EST. MARKET VALUE
$588,689
10% AboveMARKET VALUE
SUMMARY
This Single Family Residence presents a High-Potential Investment Opportunity, listed at $650,000—positioned above the $588,690 Fair Market Value. While the property requires a strategic approach, its Condition Rating of 4 reflects a 1985 build with original finishes, offering significant upside through modernization. Key assets include Central HVAC and a Two-Car Garage on a 6,000 sqft lot. This property is best suited for Value-Add Investors or first-time buyers capable of executing cosmetic renovations to build long-term equity.
Estimated Market Value
$588,689
Based on Realkey algorithm analyzing recent comparable sales in Gonzales.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 309 Grace Circle Subject | $650,000* List Price | 3 | 1 | 1,080 | $545 | - |
A 312 Grace Circle Sold | $620,000 | 3 | 1 | 1,080 | $574 | 0.0 mi |
B 489 Brockmann Drive Active Under Contract | $645,000 List Price | 2 | 1 | 1,082 | $596 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1985 (41 years old), the property falls into the dated category (>20 years). While the exterior appears well-maintained and the home includes functional central HVAC systems, the original 1980s kitchen and bathroom likely require updates to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Comprehensive Climate Control
The property features both central forced-air heating and central air conditioning, providing a significant comfort advantage and year-round temperature regulation.
- Generous Lot Size
Situated on a 6,000 square foot lot, the home offers substantial outdoor space for a property of this size, allowing for potential landscaping, gardening, or outdoor entertaining.
- Functional Parking and Storage
The inclusion of a two-car garage provides secure parking and additional storage capacity, which is a highly sought-after feature for residential buyers.
CONSRISKS & DEFICIENCIES
- Limited Bathroom Count
With only one bathroom serving three bedrooms, the home may face functional challenges for families and could see restricted demand compared to properties with a 1.5 or 2-bath configuration.
- Compact Living Space
The 1,080 square foot interior lacks a separate family room or formal dining area, resulting in a more constrained living environment that may feel small for larger households.
About 309 Grace Circle
This 3-bedroom, 1-bathroom home in Gonzales offers 1,080 square feet of living space. The property features a fireplace of an unspecified type, providing a cozy element to the living area. The home has central forced-air heating and central air conditioning for year-round comfort. The dining area is integrated within the living room, and there is no separate family room. Additional amenities include a two-car garage. The property is situated within the local school district serving Gonzales.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1985
- Lot Size
- 6,000 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 1.0 |
| Square foot | 1,080 | 1,080 |
| Lot Size | 6,000 | 6,222 |
| Price | $650.0K | $704.0K |
| Price per sq ft | $602 | $524 |
| Built year | 1985 | 1986 |
| HOA | $0 | $0 |
| Days on market | 24 | 40 |
Pricing History
Listed for Sale
Aug 16, 2026
$650,000
Initial Listing