
Vallejo, CA 94590
This Waterfront Value-Add Asset is listed at $509,000, representing a high-upside opportunity in the Sandy Beach community. While the current Fair Market Value is $430,173, the property offers a projected $200,000+ value spread based on finished comparables in the area selling for over $700,000. This 1937 fixer-upper maintains a Condition Rating of 5 and sits on an expansive 8,276 sqft lot—the largest in the subdivision. Featuring panoramic waterfront views of the Carquinez Strait and a private deck, this project is an ideal acquisition for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 40 Sandy Beach Rd Subject | $509,000* List Price | 2 | 1 | 1,124 | $383 | - |
A 831 5th Street Sold | $393,500 | 3 | 2 | 1,104 | $356 | 0.8 mi |
B 837 6th Street Sold | $450,000 | 3 | 2 | 1,032 | $436 | 0.9 mi |
C 816 Grant St Active | $449,000 List Price | 3 | 2 | 1,120 | $401 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1937, this property is in need of substantial rehabilitation and is marketed as a fixer-upper. Interior photos reveal dated wood paneling, old carpeting, and aging fixtures, while the exterior shows significant wear including peeling paint, weathered wood decking, and unmaintained grounds. The listing description and property analysis confirm that extensive renovations are required to bring the home up to modern living standards.
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 directly on the water, this property offers rare shoreline access and scenic views, providing a premium lifestyle and high desirability within the Sandy Beach community.
Boasting the largest lot in the subdivision at 8,276 sqft, the property provides unique opportunities to expand the existing structure or potentially build an additional unit.
The property was recently sold within the past year on 2026-01-22. The sold price is $235,000.00.
The property is a fixer-upper needing significant 'finishing touches,' which will require immediate capital investment and construction management from the buyer.
Built in 1937, the home likely features original systems and structural elements that may require costly modernization to meet current building codes and safety standards.
Its On The Water, put your finishing touches . Over 200k Possible spread. Biggest lot in the community.... Possibilities to Build Bigger or another one. Finish Properties on communities goin for 700k+
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 45% |
| Baths | 1.0 | 2.0 | 46% |
| Square foot | 1,124 | 1,124 | 50% |
| Lot Size | 8,276 | 5,772 | 84% |
| Price | $509.0K | $450.0K | 69% |
| Price per sq ft | $453 | $369 | 74% |
| Built year | 1937 | 1937 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 37 | 206 | 1% |
Apr 2, 2026
$509,000
$519,000
-2% Price Drop
Initial Listing
Mar 16, 2026
$519,000
Initial Listing
Jan 22, 2026
$235,000
Public Record
Jun 6, 2023
$575,000
Public Record
Jul 3, 2018
$550,000
Public Record