5137 Kenneth, Fair Oaks, CA 95628, Fair Oaks, 95628 - 3 bed, 2 bath
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Fair Oaks, CA 95628
This property presents a High-Potential Investment Opportunity with a List Price of $949,500—positioned well below the $974,413 Fair Market Value by 2%. This valuation gap offers $24,913 in Instant Equity. Featuring a Mint Condition Rating with a modern kitchen and a spacious deck, the home is move-in ready. The expansive 2.5-acre lot provides significant development potential for those looking to subdivide. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term land value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5137 Kenneth Subject | $949,500* List Price | 3 | 2 | 1,616 | $603 | - |
A 5137 Kenneth Avenue Active | $999,000 List Price | 3 | 2 | 1,616 | $618 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1950, the interior has undergone a high-end, modern renovation within the last 5 years. The kitchen features contemporary white shaker cabinetry, premium stone countertops with a full backsplash, and stainless steel appliances. Bathrooms are fully updated with modern vanities and custom tile work, and the home features new hardwood flooring and recessed lighting throughout, meeting the criteria for mint condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 105851, living area = 1616.
The expansive 2.5-acre lot provides a rare opportunity for developers or homeowners to subdivide or build a custom estate in a prime location.
The home features a recently updated kitchen with stainless steel appliances, offering a contemporary touch and immediate move-in readiness.
Originally built in 1950, the property may require significant maintenance or further modernization to align with the high list price.
While the land offers subdivision potential, any development is subject to county approval, which introduces uncertainty and potential delays for investors.
Endless Possibilities on Nearly 2.5 Acres in Fair Oaks! Rare opportunities like this don't come around often. Nestled on almost 2.5 acres in the highly desirable Fair Oaks community, this 3-bedroom, 2-bathroom home offers just over 1,600 square feet of living space along with incredible potential. Inside, you'll find an updated kitchen featuring stainless steel appliances, providing a modern touch that's perfect for everyday living and entertaining. Step outside to a spacious backyard deck, an ideal place to relax, host gatherings, or take in the peaceful surroundings. The true highlight of this property is the expansive acreage. Whether you're looking to enjoy the existing home, build your dream estate, or explore the possibility of subdividing the property and developing multiple homes (subject to county approval), the opportunities are endless. The generous lot offers privacy, space, and exceptional flexibility for homeowners, investors, builders, and developers alike. Combining modern updates, a desirable Fair Oaks location, and nearly 2.5 acres of prime land, this is a rare opportunity to own a property with unlimited potential. Bring your vision and make it your own!
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 | 1,616 | - |
| Lot Size | 105,851 | - |
| Price | $949.5K | $698.7K |
| Price per sq ft | $588 | $341 |
| Built year | 1950 | 0 |
| HOA | $0 | $0 |
| Days on market | 16 | 36 |
Jul 6, 2026
$949,500
Initial Listing
Feb 22, 2022
$860,000
Public Record