5055 Meadow View Ln, Auburn, CA 95602, Auburn, 95602 - 4 bed, 4 bath
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Auburn, CA 95602
This property presents a High-Potential Investment Opportunity with a List Price of $750,000—positioned well below the $719,399 Fair Market Value by -4%. Featuring a 3.8-acre lot and Dual-Residence Income Potential, this asset offers significant upside for those capable of managing a Poor Condition Rating. While the main home requires a new roof and interior renovation, the inclusion of a second dwelling provides immediate rental utility. This is a strategic acquisition ideal for Buy-and-Hold Investors or Contractors seeking to maximize value through comprehensive rehabilitation.
Property is extensive renovation needed.
Built in 1977 and currently a foreclosure, the property requires a full rehab. The listing explicitly states a new roof is needed, and interior photos show significant damage to bathroom cabinetry, missing drawers, and overall neglect. With an age of nearly 50 years and major structural/system updates required, it fits the poor criteria.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 165528, living area = 2288.
The property features two separate homes on a single 3.8-acre lot, providing a rare opportunity for rental income or multi-generational living that is currently undervalued in standard market estimates.
Boasting nearly 4 acres of land, the estate includes a small pond and an old barn, offering a quintessential country lifestyle with ample room for customization, livestock, or agricultural projects.
The main residence requires significant capital investment, specifically needing a new roof and comprehensive interior updating, which may impact financing options and initial out-of-pocket costs.
The second home is currently occupied with instructions not to disturb the tenant, which limits immediate full-property inspections and may complicate the transition of possession for the new owner.
Country living with income potential just off Hwy 49. The main home at 5055 Meadow View Lane offers 4 bedrooms and 2 baths on a spacious 3.8-acre parcel. A second home is also located on the property at 11835 Lorenson Rd, featuring 2 bedrooms and 1 bath (do not disturb occupant). The main home needs updating and a new roof. The garage has been converted into a game/bonus room. Additional property features include an old barn, small pond, and acreage with room to create your vision. This is a foreclosure property and priced well below market value. Both Redfin and Zillow estimates did not include the second home in their valuations.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 66% |
| Baths | 4.0 | 3.0 | 88% |
| Square foot | 2,288 | 2,068.5 | 63% |
| Lot Size | 165,528 | 34,647.5 | 77% |
| Price | $750.0K | $652.0K | 64% |
| Price per sq ft | $328 | $325 | 50% |
| Built year | 1977 | 1985 | 23% |
| HOA | $0 | $0 | 50% |
| Days on market | 17 | 205 | 9% |
May 20, 2026
$750,000
Initial Listing
Dec 30, 1997
$335,000
Public Record