400 Scout Way, Modesto, CA 95351, Modesto, 95351 - 3 bed, 2 bath
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Modesto, CA 95351
This 3-bedroom High-Potential Investment Opportunity is listed at a List Price of $400,000, positioned well below the $387,358 Fair Market Value by -3%. Given the Fair Condition Rating and 1988 build date, the property serves as a value-add asset requiring strategic interior updates. The absence of HOA fees enhances long-term cash flow potential for rental portfolios. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers capable of performing necessary renovations to modernize the 1,022 sqft floor plan.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 400 Scout Way Subject | $400,000* List Price | 3 | 2 | 1,022 | $379 | - |
A 320 Scout Way Pending | $389,900 List Price | 3 | 2 | 1,025 | $380 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property was built in 1988, making it 38 years old. According to the criteria, homes over 30 years old without recorded renovations are classified as poor condition, as they typically require significant rehab of original systems, kitchen, and bathrooms.
Listed at $400,000, this property offers an accessible price point for a 3-bedroom single-family home in the Modesto market, making it highly attractive to first-time buyers and investors.
The absence of association fees reduces monthly carrying costs and provides the homeowner with greater autonomy over the property's use and exterior maintenance.
The 5,354 sqft lot provides a balanced outdoor space that is large enough for private recreation and gardening while remaining low-maintenance for the owner.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5354, other record lot size in square feet = 5227.
With only 1,022 square feet of interior space for a 3-bedroom configuration, the individual rooms and common areas may feel undersized for larger families.
The sparse listing description provides little insight into the home's interior condition or recent upgrades, which may require more extensive due diligence from potential buyers.
Don't miss out on this property
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,022 | - |
| Lot Size | 5,354 | - |
| Price | $400.0K | $458.5K |
| Price per sq ft | $391 | $300 |
| Built year | 1988 | 0 |
| HOA | $0 | $0 |
| Days on market | 34 | 48 |
Jun 18, 2026
$400,000
Initial Listing