537 Bonanza Dr, Newman, CA 95360, Newman, 95360 - 4 bed, 2 bath
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Newman, CA 95360
0 font-bold">Buy-and-Hold Investors or Owner-Occupants looking to build equity through renovation."
Looks solid.
* *Wait, one last check on the "Red Bold Underline" instruction:*
"ALWAYS use when property is below market value".
Okay, I'm confident in omitting it.
* *Wait, I should check if I should use the "Green Background" for "Strong Value Opportunity" if the ratio is 5-9.*
No, ratio is -21.
* *Wait, I should check if I should use "Prime Investment Opportunity".*
No, ratio is -21.
* *Wait, I should check if I should use "High-Potential Investment Opportunity".*
No, ratio is -21.
* *Wait, I should check if I should use "Strong Value Opportunity".*
No, ratio is -21.
* *Wait, I should check if I should use "Value-Add Residential Asset" as the classification.*
Yes, that fits Scenario A.
* *Final check on the "SEO version" keywords:*
"Newman", "4-bed", "3-car garage", "open layout", "$479,000", "No HOA", "Value-add", "Orestimba High". - Good.
* *
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 537 Bonanza Dr Subject | $479,000* List Price | 4 | 2 | 1,820 | $216 | - |
A 1166 Labrador Court Sold | $471,500 | 4 | 3 | 2,148 | $220 | 0.6 mi |
B 1115 Pintail Court Sold | $525,000 | 5 | 3 | 2,128 | $247 | 0.6 mi |
C 1342 Canyon Creek Drive Sold | $430,000 | 4 | 3 | 2,261 | $190 | 1.0 mi |
D 317 Northampton Way Sold | $485,000 | 3 | 2 | 2,091 | $232 | 0.9 mi |
E 622 Crevison Peak Drive Sold | $460,000 | 3 | 2 | 2,325 | $198 | 0.9 mi |
F 1166 Labrador Court Active | $489,950 List Price | 4 | 3 | 2,148 | $228 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2003, the property is 21 years old and falls into the 'Fair' category. The kitchen features dated tile countertops and original cabinetry. While functional, the home shows signs of age with worn carpeting and a minor safety issue involving a missing light fixture with exposed wiring in a bedroom.
The inclusion of a three-car garage is a significant asset for a home of this size, providing exceptional value for multi-vehicle households, storage, or workshop needs.
The 1,820 square foot interior features a spacious four-bedroom configuration and an open floor plan, making it ideal for modern family living and entertaining.
With an association fee of zero, homeowners benefit from lower monthly carrying costs and greater freedom from restrictive community covenants.
The property has seen a price drop from $490,000 to $479,000, which may indicate the need for more aggressive positioning to attract buyers in the current market.
The local high school carries a mid-range rating of 5, which could be a drawback for families specifically targeting top-tier educational districts.
Spacious with an open floor layout. 4 bedroom 2 bath home with 3 car garage. Perfect home for those looking for a comfortable living space.
No exterior & parking available.
Grades 9-12 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 65% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,820 | 1,557.5 | 70% |
| Lot Size | 6,000 | 5,837 | 57% |
| Price | $479.0K | $416.9K | 78% |
| Price per sq ft | $263 | $292 | 40% |
| Built year | 2003 | 2008 | 35% |
| HOA | $0 | $0 | 50% |
| Days on market | 83 | 214 | 3% |
Mar 20, 2026
$479,000
$490,000
-2% Price Drop
Initial Listing
Jan 29, 2026
$490,000
Initial Listing
Aug 3, 2012
$133,000
Public Record
Dec 27, 2010
$130,000
Public Record