574 Peach Lane, Newcastle, CA 95658, Newcastle, 95658 - 2 bed, 2 bath
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Newcastle, CA 95658
This Modern Farmhouse Bungalow represents a Strong Value Opportunity, listed at $625,000—positioned well below the $651,153 Fair Market Value by 4%. This valuation gap provides $26,153 in Instant Equity for the buyer. Featuring a Mint Condition Rating with high-end finishes, a sparkling pool, and a detached pool house, the property offers significant lifestyle appeal. With a large 17,703 sqft lot, it is an ideal acquisition for Owner-Occupants seeking a turnkey sanctuary or investors looking for long-term ADU expansion potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 574 Peach Lane Subject | $625,000* List Price | 2 | 2 | 1,080 | $603 | - |
A 621 Oldham Lane Active | $735,000 List Price | 2 | 2 | 1,253 | $587 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1948, the property has undergone a comprehensive modern farmhouse renovation within the last 5 years. It features a mint-condition kitchen with quartz countertops and farmhouse sink, updated bathrooms, new windows, and high-end finishes throughout, requiring no immediate maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 17703, living area = 1080.
The property features high-end contemporary updates including vaulted beamed ceilings, quartz countertops, and a farmhouse sink, seamlessly blending 1940s charm with modern luxury.
The nearly half-acre lot is a private oasis featuring a sparkling pool, a detached pool house for flexible use, a greenhouse, and a chicken coop, perfect for farm-to-fork enthusiasts.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.
At only 1,080 square feet and two bedrooms, the home's interior footprint may be too restrictive for larger families or those requiring more indoor living space.
Despite the aesthetic updates, the 1948 original construction may involve older underlying systems that could require more maintenance than a newer build.
Charming 1940s Bungalow with Modern Farmhouse Style on nearly 1/2 Acre in the Heart of Newcastle. Timeless character, modern finishes, open and inviting, beautifully updated throughout! Just steps to local restaurants, local schools and neighborhood amenities. Plus easy commute. The spacious living room/kitchen is the heart of the home: Vaulted beamed ceiling, rustic finished fireplace, ample seating area, an easy flow kitchen w/ expansive quartz countertops, a farmhouse sink, abundant cabinetry, and quality finishes designed for both everyday living and entertaining. New windows, updated bathrooms, spacious mudroom/laundry add comfort, style, and functionality at every turn. Step outside and enjoy country-style living on nearly one-half acre. Inviting covered patio with ceiling fan, expansive decking and the sparkling pool create the perfect setting for relaxing or entertaining. Detached pool house offers flexible space for guest retreat, home office, studio, and more. The grounds are a dream for gardeners, nature lovers and farm-to-fork enthusiasts: A greenhouse, raised garden areas, mature landscaping, a chicken coop, and an abundance of fruit trees. Wide side access with double gates provides easy parking for multiple RVs, boat or toys, while the generous lot offers ample room for a future shop, ADU, or additional outdoor amenities.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,080 | - |
| Lot Size | 17,703 | - |
| Price | $625.0K | $829.0K |
| Price per sq ft | $579 | $420 |
| Built year | 1948 | 0 |
| HOA | $0 | $0 |
| Days on market | 11 | 62 |
Jul 11, 2026
$625,000
Initial Listing
May 31, 2019
$395,000
Public Record