505 2nd Street, Newcastle, CA 95658, Newcastle, 95658 - 2 bed, 1 bath

505 2nd Street
Newcastle, CA 95658
Property Price
SUMMARY
Analysis of 505 2nd Street, Newcastle, CA 95658 is currently available with a list price of $359,000. 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 Newcastle 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although originally built in 1918, the property has undergone an extensive renovation within the last 5 years, as evidenced by the modern interior and sales history. The kitchen is fully updated with stainless steel appliances, shaker-style cabinetry, and stone countertops. The home features contemporary flooring, recessed lighting, newer energy-efficient windows, and a tankless water heater. Both the kitchen and bathroom reflect current design standards, and the property shows no signs of deferred maintenance, making it move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- Historic Curb Appeal
This 1918 Colonial-inspired home features a timeless aesthetic and an elevated street position, offering rare historic charm and significant visual appeal in the heart of Newcastle.
- Modern Efficiency Upgrades
The property includes key functional updates such as a tankless water heater and newer windows, which improve energy efficiency and climate control while maintaining the home's original character.
- Functional Open Layout
The interior boasts a seamless open-plan design between the kitchen and lounge, maximizing the available square footage and creating an inviting, light-filled atmosphere for entertaining.
CONSRISKS & DEFICIENCIES
- Compact Living Space
At only 768 square feet with a single bathroom, the home's small footprint may be a limitation for growing families or buyers requiring dedicated home office space.
- Limited Lot Size
The 3,459-square-foot lot offers minimal outdoor space, which restricts options for property expansion, large-scale gardening, or extensive private outdoor recreation.
About 505 2nd Street
Set above the street with a pleasant elevation and timeless curb appeal, 505 2nd Street offers a rare opportunity to own a classic Colonial-inspired home in the heart of historic Newcastle. This residence blends traditional charm with a practical, modern layout designed for everyday living. Inside the home features an inviting open-plan design, where the kitchen and lounge flow seamlessly together, creating a warm, central gathering space ideal for both daily life and entertaining. Natural light fills the interior, enhancing the home's welcoming atmosphere and highlighting its thoughtful proportions. Subtle updates have been done around the home, you will notice that the home has been nicely maintained, a tankless water heater and newer windows help with keeping the hot and cool air in, as well as keeping it efficient. The layout is wonderfully functional, offering comfortable living areas without wasted space. Subtle updates over time have enhanced usability and comfort while preserving the home's original character, providing a move-in-ready feel with room to personalize. Located just moments from Newcastle's quaint downtown, the property enjoys a peaceful small-town setting with easy access to Auburn, Rocklin, and the greater Placer County area. Newcastle is known for its rich Gold Rush history, tree-lined streets, and strong sense of community. Qualities that continue to make it one of the region's most desirable places to call home. Homes like this combining elevation, charm, and location rarely become available. 505 2nd Street is a special offering that honors its past while fitting comfortably into today's lifestyle.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1918
- Lot Size
- 3,459 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 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 | 2.0 | 4.0 | 14% |
| Baths | 1.0 | 3.0 | 11% |
| Square foot | 768 | 3,367.5 | 4% |
| Lot Size | 3,459 | 117,612 | 4% |
| Price | $359.0K | $1.22M | 11% |
| Price per sq ft | $467 | $429 | 68% |
| Built year | 1918 | 1992 | 7% |
| HOA | $0 | $0 | 50% |
| Days on market | 16 | 222 | 4% |
Pricing History
Listed for Sale
Feb 19, 2026
$359,000
Initial Listing
Sold
Apr 19, 2021
$340,000
Public Record
Sold
Jan 30, 2019
$73,000
Public Record





























