
Woodland, CA 95776
This Turnkey Historic Bungalow represents a Prime Investment Opportunity, listed at $495,000—positioned well below the $506,635 Fair Market Value by 2%. This valuation gap provides $11,635 in Instant Equity. Featuring a Condition Rating of 2, the home boasts comprehensive infrastructure upgrades and modern finishes on a versatile R-2 Zoned Lot. With significant development potential for an ADU, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready home with long-term growth potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 505 Johnston Street Subject | $495,000* List Price | 3 | 2 | 1,344 | $377 | - |
A 637 Thomas Street Sold | $495,000 | 3 | 2 | 1,372 | $361 | 0.2 mi |
B 1448 Willow Springs Drive Sold | $447,000 | 3 | 2 | 1,201 | $372 | 0.6 mi |
C 809 Kate Ln Sold | $520,000 | 3 | 2 | 1,201 | $433 | 0.6 mi |
D 1337 Adams Court Sold | $450,884 | 3 | 2 | 1,308 | $345 | 0.9 mi |
E 1141 Towse Drive Sold | $485,000 | 2 | 2 | 1,146 | $423 | 0.9 mi |
F 808 Helen Way Pending | $514,000 List Price | 3 | 2 | 1,354 | $380 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite being built in 1900, the property has undergone a comprehensive recent renovation (likely <5 years) including all major systems: new HVAC, electrical panel, plumbing, gas lines, and dual-pane windows. The kitchen and both bathrooms are fully remodeled with modern finishes like quartz countertops and new tile, meeting the criteria for mint condition with no immediate maintenance needed.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8712, living area = 1344.
The property features significant modern improvements including a new HVAC system, electrical panel, plumbing, gas lines, and dual-pane windows, which are rare and highly valuable for a home built in 1900.
Situated on a generous 0.20-acre lot with R-2 zoning, this property offers exceptional versatility for the future addition of an ADU, a second home, or a large garage.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Despite extensive renovations, a home of this vintage may still harbor underlying structural or foundation characteristics typical of the early 1900s that require specialized long-term maintenance.
The use of a septic system in a central urban residential area may be perceived as a disadvantage by buyers who prefer the simplicity and lower maintenance of a municipal sewer connection.
Have you dreamed of living in a charming Central Woodland home within walking distance of nearly everything, without an extensive to-do list? This adorable bungalow sits on a spacious R-2 lot and offers exciting possibilities for a future second home, garage, or ADU. Inside, you'll find three bedrooms, two bathrooms, an indoor laundry room, and stylish Art Deco-inspired updates throughout. The remodeled kitchen features beautifully restored vintage cabinetry, quartz countertops and a pantry, while the primary bathroom showcases gorgeous wall tile and plenty of character. Two additional bedrooms and another beautifully remodeled bathroom complete the home. The inviting front porch, finished with new Spanish Saltillo tile, is practically begging for a porch swing. Major improvements include a new HVAC system, electrical panel, plumbing, septic system, gas lines, and dual-pane windows. Outside, the generous .20-acre lot provides plenty of room to garden, entertain, or create whatever your heart desires. 505 Johnston may be just the home you've been waiting for!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,344 | - |
| Lot Size | 8,712 | - |
| Price | $495.0K | $567.9K |
| Price per sq ft | $368 | $315 |
| Built year | 1900 | 0 |
| HOA | $0 | $0 |
| Days on market | 6 | 37 |
Jul 16, 2026
$495,000
Initial Listing
Sep 20, 2024
$300,000
Public Record