6550 State Highway 193, Newcastle, CA 95658, Newcastle, 95658 - 3 bed, 2 bath
6550 State Highway 193
Newcastle, CA 95658
Property Price
SUMMARY
Analysis of 6550 State Highway 193, Newcastle, CA 95658 is currently available with a list price of $2,495,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Newcastle Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
The property is primarily valued for its 119 acres of land and development potential rather than the residential structure. The 1,500-square-foot home is described as 'modest' with 'limited residential value,' and the absence of interior photos typically indicates an outdated interior. Based on the description, the dwelling is likely an aged but functional farm-style residence that has not undergone recent major renovations.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 5187996, living area = 1500.
- Substantial Development Potential
Boasting 119 acres with 4.5-acre zoning, this property offers a rare opportunity for a significant residential subdivision in the desirable Newcastle area.
- Expansive Agricultural Heritage
Formerly the Cole Christmas Tree Farm, the land provides a rich agricultural history and vast open space suitable for various farming, equestrian, or private estate uses.
CONSRISKS & DEFICIENCIES
- Subdivision Restrictions
The property is currently under the Williamson Act, which prevents immediate lot splitting and requires the contract to fully expire before development can commence.
- Limited Residential Value
The existing 1,500-square-foot home is modest relative to the multi-million dollar list price, indicating that the primary value lies in the land rather than the current structures.
About 6550 State Highway 193
Property use to be the Cole Christmas Tree Farm. Total land is 119 acres. Current zoning is 4.5 acre zoning. Cannot be split until Williamson Act has fully completed.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- -
- Lot Size
- 5,187,996 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 32% |
| Baths | 2.0 | 3.0 | 29% |
| Square foot | 1,500 | 3,367.5 | 14% |
| Lot Size | 5,187,996 | 141,570 | 96% |
| Price | $2.50M | $1.28M | 89% |
| Price per sq ft | $1.7K | $429 | 96% |
| Built year | - | 1992 | 7% |
| HOA | $0 | $0 | 50% |
| Days on market | 9 | 222 | 4% |
Pricing History
Listed for Sale
Feb 26, 2026
$2,495,000
Initial Listing