
Atwater, California 95301
This Multi-Generational Property represents a Strong Value Opportunity, listed at $699,900—positioned well below the $698,907 Fair Market Value (effectively at market parity). With a Fair Condition Rating, the property features a modernized main residence and a versatile 2-story ADU on a massive 91,476 sqft lot. While the secondary unit requires kitchen installation to maximize rental utility, the expansive acreage and dual-residence layout offer significant long-term appreciation potential. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking flexible living arrangements in a rural setting.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3981 Bert Crane Road Subject | $699,900* List Price | 3 | 2 | 1,700 | $411 | - |
A 8043 Sunset Drive Active | $800,000 List Price | 3 | 2 | 1,986 | $403 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2000 (24 years old), the property falls into the 'Fair' category as it is over 20 years old with mostly original finishes. While the kitchen has updated stainless steel appliances and some rooms have new carpet, the cabinetry, bathrooms, and fluorescent lighting are dated. The presence of popcorn ceilings and visible cracking in the asphalt driveway indicate a need for minor repairs and cosmetic modernization.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 91476, living area = 1700.
The property features two separate residences on a single lot, providing excellent flexibility for extended family, guests, or a private home office setup.
Situated on over 2 acres (91,476 sqft), the lot offers significant space for rural activities, privacy, and potential agricultural or storage use.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1700, other record living area = 613. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 1.
The secondary unit lacks a kitchen, which limits its immediate utility as a self-contained rental or independent living quarters without additional renovation costs.
A recent price reduction within the first 25 days on the market suggests the property may be facing challenges with its initial valuation relative to local buyer demand.
Discover the charm of country living with this unique property featuring two homes on one lot—perfect for multi-generational living, rental income, or extended guests. The main home offers 3 bedrooms and 2 bathrooms with a spacious layout designed for comfortable living. The large kitchen features durable tile flooring, stainless steel appliances, a 5-burner gas range, and plenty of room for cooking and gathering. New carpet in some rooms for added comfort. A 2-car garage and abundant storage provide added convenience. The separate guest quarters is a charming 2-story, 1-bedroom, 1-bathroom residence with no kitchen, offering privacy and flexibility for family, guests. Enjoy peaceful country living while taking advantage of the versatility this exceptional property has to offer.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,700 | 1,729.87 |
| Lot Size | 91,476 | 7,538.722 |
| Price | $699.9K | $443.6K |
| Price per sq ft | $412 | $267 |
| Built year | 2000 | 1986 |
| HOA | $0 | $119 |
| Days on market | 58 | 57 |
Aug 7, 2026
$699,900
$720,000
-3% Price Drop
Initial Listing
Jul 13, 2026
$720,000
Initial Listing
Jul 21, 2008
$300,000
Public Record