
Fairfield, CA 94533
This property presents a High-Potential Investment Opportunity with a List Price of $1,050,000—positioned well below the $1,088,516 Fair Market Value by 3%. This valuation gap offers $38,516 in Instant Equity for buyers. Featuring a 2.99-acre lot, pool, and two detached workshops, the home has a Condition Rating of 4, requiring cosmetic updates to modernize the 1949 interior. With essential infrastructure like solar with battery backup already installed, this is an ideal acquisition for Buy-and-Hold Investors or Contractors seeking a value-add project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4344 Olive Avenue Subject | $1,050,000* List Price | 3 | 3 | 2,111 | $516 | - |
A 4416 Solano Road Active | $1,150,000 List Price | 5 | 2 | 2,419 | $475 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1949, the property has excellent core system updates including a newer roof, HVAC, and solar with battery backup. However, the interior remains dated; while there is fresh paint and new flooring in some areas, the bathrooms feature 20-30 year old cabinetry and tile work. The listing's emphasis on 'opportunity' for contractors and investors confirms it needs cosmetic and functional updates to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 130244, living area = 2111.
The property features 2.99 acres of usable land, providing rare space for hobbyists, animal enthusiasts, or those seeking a private country lifestyle within Fairfield.
Two detached workshop/office buildings, including one currently producing income, offer versatile opportunities for entrepreneurs or investors to maximize the property's utility.
The property is positioned as a value-add opportunity requiring 'tools and vision,' indicating that the 1949 interior likely needs significant updates to meet modern standards.
The solar system is under a lease agreement rather than being owned outright, which requires the buyer to assume the contract and may impact financing or long-term costs.
Opportunity awaits on 2.99 usable acres in Fairfield. Whether you're an investor with vision, a contractor seeking space, or a buyer dreaming of country living with room to grow, this unique property offers endless potential. The main home is a 2,111 sq.ft single story with 3 bedrooms, 2 bathroom with fenced backyard and pool. Spaced out further are two detached workshop/office buildings (one currently income producing), established garden areas and abundant parking. The expansive acreage provides flexibility for hobbyists, entrepreneurs, animal enthusiasts, or anyone seeking a property with space to create, work, and live. Several major improvements have already been completed to the main home, including a newer roof, updated HVAC system, added insulation, and a solar lease with battery backup system in place creating an excellent opportunity for the next owner to add value and customize the property to their needs. The land is truly the highlight and features: Pineapple guava, apple, Cherry, doughnut peach, plum, pear, olives, grapes, pomegranate, grapefruit, orange, lemon trees in addition to lilacs, peonies, purple bottlebrush, bay tree, birds of paradise, fragrant roses, multiple butterfly bushes, salvias and jasmine's ! Bring your tools, your toys, your green thumb, or your vision and unlock the possibilities this rare Fairfield property has to offer.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 2,111 | - |
| Lot Size | 130,244 | - |
| Price | $1.05M | $594.3K |
| Price per sq ft | $497 | $334 |
| Built year | 1949 | 0 |
| HOA | $0 | $0 |
| Days on market | 8 | 88 |
Jul 14, 2026
$1,050,000
Initial Listing
Mar 27, 2024
$810,000
Public Record