540 Fairview Drive, Gridley, California 95948, Gridley, 95948 - 3 bed, 2 bath
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Gridley, California 95948
This Single Family Residence presents a High-Potential Investment Opportunity, listed at $364,900—positioned above the $314,557 Fair Market Value. While the property requires attention, its Fair Condition Rating and expansive 7,841 sqft lot provide a solid foundation for value-add improvements. Located in the Gridley Unified school district, the home offers a spacious 1,602 sqft layout for those willing to address deferred maintenance. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a project with significant long-term growth potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 540 Fairview Drive Subject | $355,900* List Price | 3 | 2 | 1,602 | $195 | - |
A 1825 Vermont Street Sold | $365,000 | 3 | 2 | 1,504 | $243 | 0.9 mi |
B 510 Indiana Street Active | $395,000 List Price | 3 | 2 | 1,734 | $228 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2003 (21+ years old), the property meets the 'Fair' criteria due to age and visible deferred maintenance. While the interior shows some newer flooring, the garage has significant issues including a hole in the ceiling and exposed hanging wires. The exterior landscaping is unmaintained, suggesting the home needs minor repairs and system evaluations despite the 'turnkey' description.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7841, living area = 1602.
Built in 2003 and recently updated, this home offers modern construction standards and a move-in-ready experience, minimizing the need for immediate post-purchase repairs.
With 1,602 square feet of living space and oversized rooms, the property provides a generous and open feel that is ideal for growing families and entertaining guests.
The property is noted to have no significant views, which may be a disadvantage for buyers seeking aesthetic surroundings or landscape vistas.
With only three bedrooms for over 1,600 square feet, the layout may lack the flexibility required by larger families or those needing multiple dedicated home office spaces.
Welcome to 540 Fairview Dr a spacious and beautifully updated home built in 2003, offering modern comfort and oversized living spaces. Located in a quiet Gridley neighborhood with easy access to local schools, parks, and shopping, this home combines space, value, and convenience. Whether you're a first-time buyer, upgrading, or simply looking for a turnkey property with room to grow, this one checks the boxes. Don't miss your opportunity to own one of the best values in the area. House will be totally cleaned prior to closing!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 44% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,602 | 2,130 | 44% |
| Lot Size | 7,841 | 7,841 | 50% |
| Price | $355.9K | $440.0K | 33% |
| Price per sq ft | $222 | $222 | 50% |
| Built year | 2003 | 2005 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 24 | 122 | 11% |
May 23, 2026
$355,900
$364,900
-2% Price Drop
Initial Listing
May 13, 2026
$364,900
Initial Listing
Feb 10, 2021
$330,000
Public Record