
Vallejo, CA 94590
This property presents a Strong Value Opportunity with a List Price of $419,000—positioned well below the $442,324 Fair Market Value by 5%. This valuation gap offers $23,324 in Instant Equity for buyers prepared to manage a total reconstruction. Featuring a Condition Rating of 6, the asset requires significant capital investment, yet the 8,276 sqft lot and panoramic water views provide a rare foundation for value-add development. This is a high-reward acquisition ideal for Fix-and-Flip Investors or Contractors seeking a strategic project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 40 Sandy Beach Rd Subject 2 bd · 1 ba · 1,124 sqft · $394 | $419,000* List Price | 2 | 1 | 1,124 | $394 | - |
A 40 Sandy Beach Rd Active 2 bd · 1 ba · 1,124 sqft · $453 · 0.0 mi | $509,000 List Price | 2 | 1 | 1,124 | $453 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1937 (>50 years old) with no evidence of completed renovation. The property is currently unlivable, featuring raw plywood subfloors, exposed ceiling joists, unfinished walls, and an incomplete kitchen. The exterior shows significant siding damage and exposed sheathing, indicating the value lies primarily in the land and potential for total reconstruction.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8276, living area = 1124.
Situated on Sandy Beach Rd, the property offers exceptional scenic views and a tranquil atmosphere, providing a unique 'private retreat' feel within the Bay Area.
Priced at $419,000—substantially lower than its 2023 sale price of $575,000—this listing represents a high-value opportunity for investors or buyers looking to build equity through renovation.
The property was recently sold within the past year on 2026-01-22. The sold price is $235,000.00.
Built in 1937 and marketed as a 'vision' project, the property likely requires significant capital investment to modernize systems and finishes to meet current market standards.
The 2-bedroom, 1-bathroom configuration and 1,124 square footage may be restrictive for growing families or buyers seeking a more spacious, modern layout.
Discover an exceptional opportunity to create your own private retreat in Vallejo. Set in a backdrop of scenic views, this property offers a unique blend of tranquility, potential, and the distinctive charm of Bay Area living. Whether envisioned as a thoughtfully curated residence, a peaceful weekend escape, or a strategic investment, the possibilities are yours to explore. Bring your vision to life and transform this property into a remarkable destination where natural beauty, privacy, and lifestyle come together.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,124 | 1,440.296 |
| Lot Size | 8,276 | 6,355.915 |
| Price | $419.0K | $529.2K |
| Price per sq ft | $373 | $358 |
| Built year | 1937 | 1959 |
| HOA | $0 | $142 |
| Days on market | 15 | 47 |
Oct 9, 2026
$419,000
Initial Listing
Jan 22, 2026
$235,000
Public Record
Jun 6, 2023
$575,000
Public Record
Jul 3, 2018
$550,000
Public Record