
Colfax, CA 95713
This Turnkey Mountain Retreat is a Strong Value Opportunity, listed at $529,000—positioned well below the $549,423 Fair Market Value by 3%. This valuation gap offers $20,423 in Instant Equity for the buyer. Featuring a recently remodeled kitchen and bathrooms and an Excellent Condition Rating, the home offers a versatile layout with a private lower-level entrance. Located near Colfax High School (9/10), this property is an ideal fit for Owner-Occupants or multi-generational families seeking a move-in ready, low-maintenance lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 489 Alpine Drive Subject | $529,000* List Price | 3 | 3 | 2,162 | $254 | - |
A 489 Alpine Drive Active | $499,900 List Price | 5 | 3 | 2,162 | $231 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1978, the property features a recently remodeled kitchen and bathrooms with modern finishes, stainless steel appliances, and updated LVP flooring throughout. The interior appears to be in mint, move-in ready condition following a renovation that likely occurred within the last 5 years.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11304, living area = 2162.
High School: Colfax High School (9/10).
The lower level features a private entrance, secondary kitchen, and laundry hookups, providing an ideal setup for guests, rental potential, or extended family living.
The listing explicitly advises buyers to verify permitted uses for the lower-level living space, which may present legal or insurance hurdles if not fully documented.
Built in 1978, the property may require ongoing attention to aging structural systems or exterior maintenance typical of mountain homes from this period.
Rare opportunity to own a truly unique two-story mountain retreat! Offering over 2,100 square feet of thoughtfully designed living space, this home provides exceptional flexibility for full-time living, a weekend getaway, or extended family living. The lower level features a private entrance, two additional finished bedrooms, a full bathroom, kitchen, and laundry hookups, creating a versatile space for guests, multi-generational living, hobbies, a home office, or other lifestyle needs. Buyers should verify permitted uses to their satisfaction. The open-concept main living area is warm and inviting, with abundant natural light and easy access to the expansive deck perfect for relaxing, entertaining, or enjoying the peaceful forest setting. Recently remodeled kitchen and bathrooms add modern style and convenience. Located in a desirable mountain community, this property offers privacy while remaining conveniently close to year-round recreation. Appliances include washer, dryer, electric range, refrigerator, microwave, dishwasher, and garbage disposal. Ideally situated approximately 17 miles from Auburn, about 60 miles from Lake Tahoe, approximately 80 miles from Reno, and with convenient access to I-80, this home provides easy access to skiing, hiking, and outdoor adventures. HOA amenities include water service and snow removal.
No exterior & parking available.
Grades K-8 • 4.0 mi
Grades 9-12 • 3.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,162 | 1,569.059 |
| Lot Size | 11,304 | 38,819.647 |
| Price | $529.0K | $482.1K |
| Price per sq ft | $245 | $320 |
| Built year | 1978 | 1988 |
| HOA | $150 | $150 |
| Days on market | 30 | 63 |
Aug 10, 2026
$529,000
Initial Listing
Jan 21, 2022
$450,000
Public Record
Dec 15, 2020
$350,000
Public Record
Oct 21, 2009
$198,000
Public Record
Nov 19, 2003
$245,000
Public Record