326 Mills Drive, Davis, CA 95616, Davis, 95616 - 4 bed, 2 bath
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326 Mills Drive
Davis, CA 95616
ACTIVE
CONDITION: POOR
4Beds
2Baths
1,815Sq Ft
10,402Lot Size
Property Price
LIST PRICE$899,999
EST. MARKET VALUE
$886,978
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $899,999—positioned well below the $886,978 Fair Market Value (Note: Market adjustment reflects current condition). While the home carries a Condition Rating of 5, the 10,402 sqft oversized lot and owned solar system provide a solid foundation for value-add renovations. Located near 9/10 rated schools like Davis Senior High, this asset is ideal for Fix-and-Flip Investors or Owner-Occupants seeking to build equity through strategic modernization in a prime Davis neighborhood.
Estimated Market Value
$886,978
Based on Realkey algorithm analyzing recent comparable sales in Davis.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 326 Mills Drive Subject | $899,999* List Price | 4 | 2 | 1,815 | $489 | - |
A 701 Oak Avenue Pending | $949,000 List Price | 4 | 2 | 2,125 | $447 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1961 and offered by the original owner, this property requires a full rehab. Interior photos reveal missing flooring (bare subfloor), a dated kitchen with 30+ year old finishes, popcorn ceilings, and visible structural settling/cracks in the walls. While the owned solar is a modern upgrade, the primary systems and cosmetic state reflect a home that has not been significantly renovated in over 30 years.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10402, living area = 1815.
- Great Schools
Elementary School: Robert E. Willett Elementary School (9/10). High School: Davis Senior High School (9/10).
- Prime Central Location
Situated in a highly sought-after central Davis neighborhood, the property is within walking distance to top-rated schools like Davis Senior High and close to downtown shopping and parks.
CONSRISKS & DEFICIENCIES
- Significant Updating Required
As an original-owner home from 1961, the interior requires comprehensive modernization and cosmetic updates to meet contemporary living standards.
- High Renovation Entry Cost
With a list price near $900,000, the total capital required for both the purchase and necessary renovations may be a barrier for some buyers.
About 326 Mills Drive
Welcome to this rare opportunity in the heart of Davis! This original-owner, 4-bedroom, 2-bath home offers approximately 1,800 square feet of living space on an oversized lot with endless possibilities. Whether you're looking to renovate, expand, or explore the potential for a multi-generational living setup (buyer to verify), this property provides the perfect canvas for your vision. The home is ready for a fresh update and offers incredible value for buyers looking to create their dream home. Highlights include owned solar, a spacious backyard with room to imagine, and a desirable central Davis location just minutes from Davis Senior High School, parks, shopping, and downtown. Bring your creativity and unlock the potential of this unique property in one of Davis's most sought-after neighborhoods.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1961
- Lot Size
- 10,402 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Davis Unified Schools
North Davis Elementary School
Grades K-6 • 0.4 mi
7/10
Robert E. Willett Elementary School
Grades K-6 • 0.7 mi
9/10
Oliver Wendell Holmes Junior High School
Grades 7-9 • 0.9 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,815 | 2,066.458 |
| Lot Size | 10,402 | 7,359.833 |
| Price | $900.0K | $1.01M |
| Price per sq ft | $496 | $467 |
| Built year | 1961 | 1987 |
| HOA | $0 | $149 |
| Days on market | 34 | 44 |
Pricing History
Listed for Sale
Aug 6, 2026
$899,999
Initial Listing
Sold
May 30, 1996
$110,000
Public Record