51 Sheldon, Gridley, California 95948, Gridley, 95948 - 4 bed, 3 bath
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Gridley, California 95948
Analysis of 51 Sheldon, Gridley, California 95948 is currently available with a list price of $299,900. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Gridley Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Built in 1950, this property shows significant signs of deferred maintenance and dated interiors exceeding 30 years. The kitchen is missing essential appliances, the walls show unfinished patches, and the overall aesthetic (wood paneling, old cabinetry, and tile) requires a full rehab to be considered move-in ready.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 26572, living area = 2349.
The inclusion of a separate 1-bedroom, 1-bath ADU offers significant versatility for rental income, multi-generational living, or private guest accommodations.
Situated on a generous 0.61-acre parcel, the property provides ample space for outdoor activities, gardening, or future structural improvements rarely found at this price point.
Built in 1950, the residence may require updates to its original systems or cosmetic renovations to align with modern energy efficiency and design standards.
The property utilizes a carport rather than a traditional enclosed garage, which may be a disadvantage for buyers prioritizing secure vehicle storage or a protected workshop area.
Spacious 4-bedroom home offering 2 full baths and 1 half bath, set on a generous 0.61-acre parcel with room to spread out. The main residence features a large family room perfect for gatherings, plus a substantial permitted add-on ideal for a hobby room, studio, or flexible workspace. A separate 1-bedroom, 1-bath ADU provides excellent potential for extended family, rental income, or private guest accommodations. Outdoor amenities include a convenient carport, ample parking, and a storage container for tools, equipment, or seasonal items. The property layout offers privacy, usability, and space for future improvements. A versatile property with multiple living options and plenty of room to grow.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,349 | 2,022 |
| Lot Size | 26,572 | 9,148 |
| Price | $299.9K | $349.2K |
| Price per sq ft | $128 | $225 |
| Built year | 1950 | 1911 |
| HOA | $0 | $0 |
| Days on market | 6 | 55 |
Jul 16, 2026
$299,900
Initial Listing