5858 Butler Road, Penryn, CA 95663, Penryn, 95663 - 3 bed, 3 bath
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Penryn, CA 95663
This Multi-Generational Equestrian Estate is a High-Potential Investment Opportunity, listed at $1,499,000—positioned slightly above the $1,438,150 Fair Market Value. While the property requires updates to its 1982-era finishes, its Condition Rating of 4 reflects a well-maintained, functional asset. The 2.3-acre lot features a horse arena, barn, and detached 4-car garage, offering significant utility. With a private lower-level guest retreat, this property is an ideal acquisition for Equestrian Enthusiasts or Multi-Generational Families seeking a scenic hilltop lifestyle with substantial room for value-add personalization.
Property is moderate renovation needed.
Built in 1982 (42 years old), the property is well-maintained but significantly dated. Interior photos show 1980s-era custom woodwork, green marble fireplace surrounds, and older white appliances in the secondary kitchen. While the home appears functional and move-in ready, the age of the finishes and likely the systems (HVAC/Electric) suggests a need for modern updates and minor repairs typical of a 30+ year old home that hasn't undergone a recent full-scale renovation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 91476, living area = 3567.
The 2.3-acre property is a turnkey horse setup featuring a barn with two stalls, walk-out pens, a tack room, and a dedicated horse arena.
A fully equipped lower-level guest retreat with its own kitchen, living room, and bedroom provides ideal accommodations for extended family or long-term guests.
Constructed in 1982, the home may require significant interior updates to kitchens and bathrooms to meet the expectations of modern luxury buyers.
A recent price reduction within the first month of listing indicates that the initial high valuation may have outpaced current demand for the area's rural niche.
A beautiful horse property nestled on a scenic hilltop setting in Penryn with sweeping views. This exceptional 2.3-acre property offers over 3,500 square feet of versatile living space. The main level features vaulted ceilings and stunning custom woodwork throughout the main living area, along with including a spacious primary suite, two guest bedrooms, and a library finished with beautiful custom woodwork. The lower level provides a private guest retreat complete with its own kitchen, living room, bedroom, and bathroom ideal for extended family, guests, or multi-generational living. Step outside to enjoy the built-in pool and spa, perfectly positioned to capture the peaceful setting and surrounding views. The property also includes two detached garages one 2-car garage and an additional 4-car garage offering abundant storage, parking, and workspace. Equestrian amenities include a horse arena, barn with two stalls, walk-out pens, and a tack room, creating an ideal setup for horse enthusiasts. Conveniently located near I-80 and within close proximity to highly regarded schools, this unique property offers the perfect blend of country living and everyday convenience.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 3,567 | - |
| Lot Size | 91,476 | - |
| Price | $1.40M | $1.02M |
| Price per sq ft | $392 | $470 |
| Built year | 1982 | 0 |
| HOA | $0 | $0 |
| Days on market | 62 | 86 |
Jul 1, 2026
$1,399,000
$1,499,000
-7% Price Drop
Initial Listing
Jun 10, 2026
$1,499,000
$1,550,000
-3% Price Drop
Initial Listing
May 21, 2026
$1,550,000
Initial Listing
Jun 11, 2004
$830,000
Public Record