408 Rice Way, Los Banos, California 93635, Los Banos, 93635 - 3 bed, 3 bath
408 Rice Way
Los Banos, California 93635
Property Price
SUMMARY
Analysis of 408 Rice Way, Los Banos, California 93635 reveals a Fairly Priced Property with a current list price of $460,000 aligned with the estimated $449,353 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Los Banos Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 408 Rice Way Subject | $460,000* List Price | 3 | 3 | 1,598 | $281 | - |
A 2066 Greenbriar Drive 2066 Sold | $481,826 | 4 | 3 | 1,724 | $279 | 0.5 mi |
B 424 Barrett Lane Sold | $436,983 | 3 | 2 | 1,436 | $304 | 0.2 mi |
C 2094 Donavan Lane Sold | $489,267 | 4 | 3 | 1,750 | $280 | 0.2 mi |
D 420 Barrett Lane Sold | $469,220 | 4 | 3 | 1,750 | $268 | 0.2 mi |
E 2054 Casey Lane Sold | $511,279 | 4 | 3 | 1,969 | $260 | 0.2 mi |
F 405 Greene Way Active | $495,000 List Price | 3 | 3 | 1,598 | $310 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Built in 2023, this nearly new D.R. Horton home features modern finishes including a crisp white kitchen with quartz countertops, an open-concept floor plan, and contemporary fixtures throughout. All systems and components are virtually new, meeting the highest quality standards with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Modern 2023 Construction
As a nearly new D.R. Horton build, the home features contemporary finishes including quartz countertops, a large kitchen island, and an energy-efficient open-concept layout.
- Expansive Corner Lot
The property sits on one of the largest corner lots in the neighborhood, offering rare versatility for RV/boat storage or the construction of an ADU.
- Functional Interior Layout
The floor plan maximizes utility with a versatile upstairs loft for remote work and a highly convenient second-floor laundry room equipped with appliances.
CONSRISKS & DEFICIENCIES
- Unfinished Landscaping
The backyard is currently a 'blank canvas,' requiring the buyer to invest additional time and capital to complete landscaping and outdoor living improvements.
- Compact Living Area
At 1,598 square feet for a three-bedroom home with a loft, the individual room sizes and common areas may feel constrained for buyers seeking more spacious interiors.
About 408 Rice Way
PACHECO POINTE III NEIGHBORHOOD, D.R. HORTON HOME BUILT IN 2023 BRINGS YOU ONE OF THE BIGGEST CORNER LOTS, SPACIOUS ENOUGH TO BUILD AN ADU, STORE YOUR RV OR BOAT. A BLANK CANVAS FOR A DREAM BACKYARD! THIS FANTASTIC HOME GREETS YOU WITH A BEAUTIFUL ENTRY WAY THAT LEADS TO THE OPEN CONCEPT FLOOR PLAN. A CRISP WHITE KITCHEN WITH QUARTZ COUNTER TOPS, PANTRY AND A WONDERFUL LARGE SIZE ISLAND GREAT FOR SHARING MEALS WITH THE FAMILY AND FRIENDS. THE WINDOWS IN THE HALL LET ALL THE NATURAL LIGHT COME IN SHINING ON THE CARPETED STAIRCASE WHICH TAKES YOU TO THE LOFT WHERE YOU COULD ACCOMODATE YOUR REMOTE WORK OFFICE OR A RELAXING T.V. AREA. FOLLOW THE HALLWAY TO 2 NICELY SIZED BEDROOMS A FULL BATH AND THE VERY CONVENIENT UPSTAIRS LAUNDRY ROOM, EQUIPPED WITH WASHER AND DRYER. FINALLY THE PRIMARY BEDROOM AWAITS WITH ITS WALKING CLOSET AND SPACIOUS BATHROOM WITH DUAL SINKS AND PRACTICAL WATER CLOSET. ENJOY THE VIVES OF A NEW HOME WITH A BETTER PRICE TAG!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2023
- Lot Size
- 5,839 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 42% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,598 | 1,816 | 32% |
| Lot Size | 5,839 | 6,332 | 15% |
| Price | $460.0K | $481.8K | 42% |
| Price per sq ft | $288 | $261 | 70% |
| Built year | 2023 | 2008 | 64% |
| HOA | $0 | $0 | 50% |
| Days on market | 120 | 214 | 17% |
Pricing History
Listed for Sale
Feb 28, 2026
$460,000
Initial Listing
Price Change
Nov 7, 2025
$475,000
Initial Listing
Sold
Nov 29, 2023
$481,000
Public Record
Sold
Apr 5, 2023
$10,125,000
Public Record