4840 Frog Pond Road, Newcastle, CA 95658, Newcastle, 95658 - 3 bed, 3 bath
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Newcastle, CA 95658
This Versatile Rural Estate represents a High-Potential Investment Opportunity, listed at $1,225,000—positioned above the $1,196,881 Fair Market Value. While the price reflects a premium, the property offers significant utility through its 5-acre lot, year-round stream, and attached ADU, which provides excellent rental income potential. With a Condition Rating of 3, the main home is move-in ready, though the ADU offers a clear path for value-add modernization. This unique asset is perfectly suited for Buy-and-Hold Investors or Owner-Occupants seeking a multi-generational lifestyle property.
Property is move-in ready.
Built in 1978, the property has undergone significant renovations likely within the last 5-15 years. The main kitchen features updated stone countertops, stainless steel appliances, and modern cabinetry, while the bathrooms show updated vanities and flooring. The home is well-maintained and move-in ready, though the ADU kitchen remains dated and would eventually require modernization.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 217800, living area = 2968.
The property includes a fully equipped attached ADU with a separate entrance, offering excellent potential for multi-generational living or supplemental rental income.
Nestled on 5 acres of serene landscape, the property features a year-round stream, private pond, and mature oaks, providing a rare and picturesque rural retreat.
Constructed in 1978, the home may require updates to its interior finishes or mechanical systems to align with modern luxury expectations at this price point.
The extensive 5-acre grounds, including water features and outbuildings, necessitate significant time and financial investment for ongoing upkeep and land management.
Discover an exceptional residential property at 4840 Frog Pond Rd in Newcastle, CA. This attractive 2968 square foot home, designed in a classic ranch style, presents an inviting atmosphere ready for sophisticated living. The heart of this home is an open-plan kitchen, seamlessly integrating with the living space. It features gleaming stainless steel appliances and a convenient peninsula, fostering an effortless flow for both everyday living and entertaining. Indulge in the serene comfort of the bathrooms. One offers a luxurious soaking tub, perfect for unwinding, while another provides the convenience of a double vanity and a spacious walk-in shower. Beyond the interior, an attached ADU that offers 1 bedroom, 1 bath, kitchen and living room. Step outside to a welcoming patio, leading to a covered deck - ideal for year-round enjoyment. An dedicated outdoor dining area further enhances the property's potential for memorable gatherings overlooking a year round stream and sparkling pond. Embrace the lifestyle you've always envisioned; Come and experience this remarkable property firsthand.
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 | 2,968 | - |
| Lot Size | 217,800 | - |
| Price | $1.30M | $829.0K |
| Price per sq ft | $438 | $420 |
| Built year | 1978 | 0 |
| HOA | $0 | $0 |
| Days on market | 70 | 62 |
Jul 21, 2026
$1,300,000
$1,225,000
+6% Price Increase
Initial Listing
May 13, 2026
$1,225,000
Initial Listing