
Newman, CA 95360
This Single Family Residence is a High-Potential Investment Opportunity, listed at $415,000—positioned above the $399,200 Fair Market Value by 3%. While priced slightly above market, the property’s Condition Rating of 4 and expansive 8,276 sq. ft. corner lot provide significant upside for value-add renovations. Key features include EV charging capability, a detached garage, and a spacious patio. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a functional home with room for long-term equity growth through modernization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 700 Real Ave Subject | $415,000* List Price | 3 | 2 | 1,412 | $283 | - |
A 1042 R Street Active | $459,000 List Price | 3 | 2 | 1,418 | $324 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1961, this home is well-maintained and functional but significantly dated. While the kitchen features newer stainless steel appliances and wood-look flooring, the cabinetry appears original or over 30 years old. The bathroom shows a partial renovation with a newer walk-in shower, but the vanity and fixtures remain dated. The presence of EV charging suggests some electrical updates, but the overall aesthetic and systems likely exceed the 20-year threshold for modern updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8276, living area = 1412.
The generous 8,276 square-foot corner lot provides significant outdoor space, fruit trees, and dedicated room for RV or boat parking, offering rare flexibility for storage and recreation.
The property features EV charging capability and a detached garage with ample storage, blending mid-century charm with essential modern conveniences for today's homeowners.
Built in 1961, the home is positioned as an opportunity for customization, suggesting that buyers may need to budget for cosmetic or functional updates to meet contemporary standards.
With only 1.5 bathrooms serving three bedrooms, the configuration may be a drawback for larger families or buyers accustomed to a full second bathroom.
Welcome to 700 Real Avenue, a darling 3-bedroom, 1.5-bath home offering 1,412 +/- square feet of comfortable living space on an expansive 8,276 +/- square-foot corner lot. Built in 1961 and nestled on a beautiful, wide, tree-lined street with timeless neighborhood charm, this home is full of opportunity. Whether you're looking for something move-in-ready to enjoy today or a property to update and customize to your own style, the possibilities are endless. The functional single-story floor plan provides a wonderful foundation for your vision. Outside, you'll appreciate the EV charging capability, detached garage with ample storage, abundant off-street parking, and a spacious backyard with fruit trees and room for your RV, boat or other recreational vehicles. Whether you're an outdoor enthusiast, hobbyist or simply appreciate room to spread out, this property provides the space and flexibility to suit your needs. The generous lot is perfect for entertaining, gardening, future expansion or simply relaxing. Offered at $415,000, this is a rare opportunity to own a well-loved home in one of Newman's established neighborhoods. Don't miss your chance to unlock the potential of this charming property!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,412 | - |
| Lot Size | 8,276 | - |
| Price | $415.0K | $450.5K |
| Price per sq ft | $294 | $267 |
| Built year | 1961 | 0 |
| HOA | $0 | $0 |
| Days on market | 2 | 118 |
Jul 20, 2026
$415,000
Initial Listing
Apr 17, 2018
$249,000
Public Record
Oct 16, 2003
$185,000
Public Record