
Auburn, CA 95602
This property presents a High-Potential Investment Opportunity with a List Price of $699,000—positioned well below the $695,922 Fair Market Value (priced at market stability). Featuring a Condition Rating of 5, the main residence requires significant renovation, including a new roof. However, the 3.8-acre lot and Dual-Residence Income Potential provide substantial upside for forced appreciation. This asset is ideal for Buy-and-Hold Investors or Contractors seeking to leverage the second dwelling for rental income while restoring the primary home.
Property is extensive renovation needed.
Built in 1977 (>30 years old) with no evidence of recent renovations. The listing explicitly states the home needs a new roof and significant updating. Interior photos show broken bathroom cabinetry and dated fixtures, indicating the property requires a full rehab to be brought to modern standards.
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 a second 2-bedroom, 1-bath home, providing a rare opportunity for rental income or multi-generational living that is often undervalued in standard market estimates.
Spanning 3.8 acres, the lot includes a small pond and an old barn, offering a quintessential country lifestyle with ample space for animals, gardening, or further development.
The main residence requires significant capital investment, specifically needing a new roof and comprehensive interior updating to meet modern standards.
The original garage has been converted into a bonus room, leaving the property without traditional garage parking or protected vehicle storage.
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 - no garage parking. Additional property features include an old barn, a small pond, and acreage with room to create your vision. This is a foreclosure property and is priced well below market value; neither Redfin nor Zillow estimates included the second home in their valuations.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 4.0 | 0.0 |
| Square foot | 2,288 | - |
| Lot Size | 165,528 | - |
| Price | $699.0K | $670.3K |
| Price per sq ft | $306 | $359 |
| Built year | 1977 | 0 |
| HOA | $0 | $0 |
| Days on market | 63 | 62 |
Jun 13, 2026
$699,000
$750,000
-7% Price Drop
Initial Listing
May 20, 2026
$750,000
Initial Listing
Dec 30, 1997
$335,000
Public Record