401 Dorado Lane, Modesto, CA 95356, Modesto, 95356 - 3 bed, 3 bath
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401 Dorado Lane
Modesto, CA 95356
ACTIVE
CONDITION: FAIR
3Beds
3Baths
1,992Sq Ft
10,594Lot Size
Property Price
LIST PRICE$579,000
EST. MARKET VALUE
$585,905
SUMMARY
This High-Potential Investment Opportunity is listed at a List Price of $579,000—positioned well below the $585,905 Fair Market Value by 1.19%. This valuation gap offers $6,905 in Instant Equity. Featuring a Fair Condition Rating, the property requires cosmetic modernization to reach its full potential. The 10,594 sqft lot with a private swimming pool provides significant value-add potential. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a spacious, single-story home in an established neighborhood.
Estimated Market Value
$585,905
Based on Realkey algorithm analyzing recent comparable sales in Modesto.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 401 Dorado Lane Subject | $579,000* List Price | 3 | 3 | 1,992 | $294 | - |
A 317 Dorado Lane Sold | $525,000 | 3 | 2 | 2,028 | $259 | 0.0 mi |
B 604 W Union Avenue Sold | $480,000 | 3 | 3 | 2,058 | $233 | 0.6 mi |
C 3909 Trillium Avenue Sold | $659,000 | 3 | 3 | 2,030 | $325 | 0.6 mi |
D 3704 Corte Madera Avenue Sold | $510,000 | 4 | 2 | 1,815 | $281 | 0.1 mi |
E 3904 Trillium Avenue Sold | $696,000 | 4 | 3 | 2,684 | $259 | 0.5 mi |
F 3613 Fern Court Sold | $575,000 | 3 | 2 | 1,719 | $334 | 0.6 mi |
G 3724 Columbine Drive Sold | $540,000 | 3 | 2 | 1,794 | $301 | 0.5 mi |
H 3728 Fuchsia Lane Sold | $520,000 | 3 | 2 | 1,608 | $323 | 0.4 mi |
I 317 Dorado Lane Active | $570,000 List Price | 3 | 2 | 2,028 | $281 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1977 and described as 'lovingly maintained' but needing 'fresh updates,' this property fits the Fair criteria. While functional and move-in ready, the dark wood cabinetry in the laundry room and overall aesthetic indicate the home is dated (>20 years since major renovation) and requires cosmetic modernization.
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 = 10594, living area = 1992.
- Desirable Location
Situated in one of Modesto's most established and sought-after neighborhoods, offering long-term value and a prime residential setting.
- Exceptional Outdoor Space
The oversized 10,594 sqft lot features a large swimming pool and expansive garden area, providing a rare private retreat for entertaining.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =10594, other record lot size in square feet = 10454.
- Cosmetic Updates Required
The interior reflects its 1977 origins and requires modern updates and personal styling to reach its full market potential.
- Potential Deferred Maintenance
Given the home's age and original condition, buyers should anticipate potential investments in aging systems or pool equipment.
About 401 Dorado Lane
Welcome to an incredible opportunity in one of the area's most established and desirable neighborhoods! This single-story home offers 3 bedrooms, 2.5 baths and a spacious, well-designed floorplan with tremendous potential. Step outside and you'll discover an exceptionally large backyard featuring a huge swimming pool, expansive garden area and plenty of room to entertain, relax and create your own private retreat. The home has been lovingly maintained but is ready for its next owner to bring their vision and personal style with fresh updates. With a hard-to-find single-story floorplan, oversized lot, impressive backyard and prime location, this is the kind of property you can transform into something truly special. Great homes can be remodeledgreat locations are much harder to find!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1977
- Lot Size
- 10,594 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,992 | 1,592.041 |
| Lot Size | 10,594 | 6,846.312 |
| Price | $579.0K | $462.1K |
| Price per sq ft | $291 | $298 |
| Built year | 1977 | 1977 |
| HOA | $0 | $155 |
| Days on market | 20 | 50 |
Pricing History
Listed for Sale
Aug 20, 2026
$579,000
Initial Listing
Sold
Jun 28, 2023
$510,000
Public Record