
Cloverdale, CA 95425
This Spacious Farmhouse represents a High-Potential Investment Opportunity, listed at $499,000—positioned well below the $595,778 Fair Market Value by 16%. This valuation gap provides $96,778 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home includes a newer permitted roof and modern HVAC, while the expansive 11,761 sq. ft. lot offers rare dual-street access for storage or expansion. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, value-rich asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 60 Clovercrest Drive Subject 3 bd · 2 ba · 1,823 sqft · $327 | $499,000* List Price | 3 | 2 | 1,823 | $327 | - |
A 139 Las Colinas Drive Sold 2 bd · 2 ba · 1,550 sqft · $355 · 0.8 mi | $550,000 | 2 | 2 | 1,550 | $355 | 0.8 mi |
B 185 Grace Court Pending 3 bd · 2 ba · 1,728 sqft · $347 · 0.1 mi | $600,000 List Price | 3 | 2 | 1,728 | $347 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1948, the property is well-maintained and move-in ready. It features significant updates including a newer permitted roof, modern mini-split HVAC systems, and recent cosmetic improvements like engineered wood flooring and fresh paint. The kitchen is functional with updated cabinetry and hardware, though the tile countertops and black appliances suggest the major renovation occurred within the 5-15 year range.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11761, living area = 1823.
The nearly 11,800 sq. ft. lot features dual street access and cleared, usable space, providing rare flexibility for RV/boat storage or potential expansion.
Situated just 0.3 miles from downtown Cloverdale, the property offers the perfect balance of a quiet farmhouse setting with immediate proximity to local shops and dining.
Originally built in 1948, the property may require ongoing maintenance or updates to older systems typical of homes from this era to meet modern efficiency standards.
While functional and bright, the use of tile countertops in the kitchen may be perceived as a dated feature by buyers looking for contemporary stone finishes.
A 1948 farmhouse on over a quarter acre at the north end of Cloverdale, 0.3 miles from the top of downtown. 1,823 sq ft, 3 bedrooms and 2 baths, with a covered front porch and mature trees. The lot runs between two streets, meaning plenty of parking and potential boat/RV storage. Engineered wood flooring throughout and fresh paint, tile counters and a bright farmhouse kitchen that overlooks the yard, a wood burning fireplace in the living room, and great natural light in almost every room. Upstairs, the third bedroom is big and flexible, and has worked as an office and a sitting room. The roof is newer and permitted. Then there's the lot. Just under 11,800 sq ft, cleared and usable, raised beds already in, and plenty of room to do more with it.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.7 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,823 | 1,651.111 |
| Lot Size | 11,761 | 9,018.611 |
| Price | $499.0K | $659.9K |
| Price per sq ft | $274 | $435 |
| Built year | 1948 | 1983 |
| HOA | $0 | $387 |
| Days on market | 1 | 52 |
Oct 23, 2026
$499,000
Initial Listing
Jun 11, 2019
$435,000
Public Record