
Exeter, CA 93221
This Custom Country Estate is a Strong Value Opportunity, listed at $1,200,000—positioned slightly above the $1,172,155 Fair Market Value. While the price reflects a premium, the property offers a Condition Rating of 3, featuring a Gourmet Kitchen with granite countertops and custom cabinetry. The expansive 5-acre lot, complete with a Barn and Mother-in-Law Suite, provides exceptional versatility for multi-generational living or income potential. With its unique architectural character and scenic foothill views, this estate is an ideal acquisition for Owner-Occupants or Multi-Generational Families seeking a private, move-in ready retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 31061 Palm Subject | $1,200,000* List Price | 4 | 2 | 2,460 | $476 | - |
A 31255 Palm Drive Active | $1,200,000 List Price | 3 | 3 | 2,847 | $421 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1988, the property shows evidence of significant updates within the last 5-15 years, particularly in the kitchen which features granite countertops, custom cabinetry, and premium appliances. The interior is well-maintained with modern wood flooring and vaulted ceilings, presenting as move-in ready despite the original 30+ year age of the structure.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 214751, living area = 2460.
The property features a separate mother-in-law suite and a barn, providing exceptional versatility for extended family, guest accommodations, or potential rental income.
Set on nearly 5 acres of land with scenic foothill views and manicured grounds, this estate offers a rare level of privacy and tranquility just minutes from town.
The $1.2M list price is a substantial increase from the 2019 sale price of $465,000, which may require strong market justification for appraisal purposes.
Managing nearly five acres of landscaped grounds, a barn, and multiple living structures requires significant ongoing time and financial commitment for upkeep.
Escape to your own private country retreat at 31061 Palm Drive, Exeter, where custom architecture, scenic foothill views, and peaceful acreage come together to create an exceptional lifestyle. This distinctive estate welcomes you with manicured grounds, mature trees, a winding walkway, and striking architectural design featuring dramatic turret-style windows that make a lasting first impression. Offering the perfect balance of privacy and convenience, this property is just minutes from Exeter while providing the tranquility of country living. Inside, you'll discover soaring vaulted ceilings, abundant natural light, exposed wood beams, and an open-concept floor plan ideal for entertaining and everyday living. The spacious great room flows effortlessly into the gourmet kitchen, complete with custom cabinetry, premium appliances, generous workspace, and a large dining area. Expansive windows frame beautiful outdoor views, while thoughtfully designed living spaces create a warm and inviting atmosphere throughout the home. Step outside to enjoy the endless possibilities this acreage has to offer. The property includes a barn and a separate mother-in-law suite, making it ideal for multi-generational living, guests, a home office, hobbies, or income potential. Surrounded by mature landscaping and picturesque rolling hills, this one-of-a-kind property offers the space, privacy, and versatility you've been searching for. Experience the best of country living without sacrificing convenience—this remarkable Exeter estate is truly a rare opportunity.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 2,460 | 2,069 |
| Lot Size | 214,751 | 257,004 |
| Price | $1.20M | $729.0K |
| Price per sq ft | $488 | $352 |
| Built year | 1988 | 1991 |
| HOA | $500 | $0 |
| Days on market | 55 | 49 |
Jul 16, 2026
$1,200,000
Initial Listing
Dec 13, 2019
$465,000
Public Record
Jul 25, 2006
$670,000
Public Record
Oct 15, 2002
$400,000
Public Record