724 Orestimba Road, Newman, CA 95360, Newman, 95360 - 2 bed, 1 bath
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724 Orestimba Road
Newman, CA 95360
ACTIVE
CONDITION: TEAR DOWN
2Beds
1Baths
816Sq Ft
42,401Lot Size
Property Price
LIST PRICE$550,000
SUMMARY
Analysis of 724 Orestimba Road, Newman, CA 95360 is currently available with a list price of $550,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the Newman Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Tear down
TeardownExcellent
Property is land value only, full reconstruction required.
The property was built in 1940 (84+ years old) with no mention of renovations. Given the small 816 sqft footprint on a nearly 1-acre lot and the listing description 'make this property your own,' the value is primarily in the land, meeting the criteria for a structure over 50 years old requiring total replacement.
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 = 42401, living area = 816.
- Expansive Lot Size
The property sits on nearly an acre (42,401 sqft), offering rare and significant outdoor space for expansion, agricultural use, or additional structures.
- Development Potential
With a small existing footprint on a large parcel, this site is an ideal candidate for a custom rebuild or the addition of an Accessory Dwelling Unit (ADU).
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =42401, other record lot size in square feet = 42253.
- High Price per Square Foot
The listing price of $550,000 for an 816-square-foot home represents a high cost per unit of living space, which may challenge traditional appraisals.
- Aging Infrastructure
Built in 1940, the residence likely requires significant capital investment to update original systems and meet modern energy efficiency standards.
About 724 Orestimba Road
This is your chance to own a 2 bedroom, 1 bathroom home on just shy of an acre. Make this property your own.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1940
- Lot Size
- 42,401 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 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 |
|---|---|---|
| Beds | 2.0 | 3.2 |
| Baths | 1.0 | 2.4 |
| Square foot | 816 | 1,537.6 |
| Lot Size | 42,401 | 6,127.8 |
| Price | $550.0K | $440.2K |
| Price per sq ft | $674 | $280 |
| Built year | 1940 | 2003 |
| HOA | $0 | $140 |
| Days on market | 32 | 56 |
Pricing History
Listed for Sale
Aug 8, 2026
$550,000
Initial Listing
Sold
Mar 5, 2010
$85,000
Public Record
Sold
Apr 26, 2004
$255,000
Public Record