
Fair Oaks, CA 95628
This property presents a High-Potential Investment Opportunity with a List Price of $575,000—positioned well below the $559,767 Fair Market Value by -2%. While the home has a Fair Condition Rating (4/10), the expansive 11,130 sqft lot and ADU Potential provide significant upside for forced appreciation. The 2,025 sqft layout offers a versatile floor plan for modernization. This is a strategic acquisition ideal for Buy-and-Hold Investors or Owner-Occupants looking to build long-term wealth through renovation and development.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7241 Palm Avenue Subject | $575,000* List Price | 4 | 2 | 2,025 | $276 | - |
A 6712 Linda Sue Way Sold | $545,000 | 6 | 2 | 2,124 | $257 | 0.9 mi |
B 4765 Papaya Drive Sold | $540,000 | 3 | 2 | 1,598 | $338 | 0.8 mi |
C 7336 Millicent Court Sold | $515,000 | 3 | 2 | 1,506 | $342 | 0.5 mi |
D 7040 Ellsworth Circle Sold | $475,000 | 3 | 2 | 1,559 | $305 | 0.9 mi |
E 4970 Hillhurst Drive Sold | $560,000 | 4 | 3 | 1,924 | $291 | 0.7 mi |
F 4864 Papaya Drive Sold | $460,000 | 3 | 2 | 1,441 | $319 | 0.7 mi |
G 7028 Ellsworth Circle Sold | $475,000 | 4 | 2 | 1,479 | $321 | 0.9 mi |
H 7162 Palace Circle Active | $575,000 List Price | 4 | 3 | 1,775 | $324 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1958, the home is significantly dated with popcorn ceilings and older cabinetry. While it features newer laminate flooring and a relatively modern exterior HVAC unit, the kitchen and utility areas require modernization and the overall condition suggests a need for minor repairs and updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11130, living area = 2025.
The property features a large 11,130 sqft lot with excellent access, providing a prime opportunity for a detached Accessory Dwelling Unit (ADU) or multigenerational living.
With 2,025 square feet and four bedrooms, the home offers a versatile layout, including an oversized primary suite with cathedral ceilings and direct outdoor access.
Built in 1958 and marketed as a space to 'make your own,' the property likely requires cosmetic updates or modernizing to meet contemporary standards.
While ADU potential is a key feature, it remains subject to buyer verification of local zoning and requirements, adding a layer of due diligence for the buyer.
Great ADU potential with excellent access! This Fair Oaks property offers a unique opportunity for buyers looking for additional living space, multigenerational options, or future flexibility. The lot configuration and access may provide an ideal setup for a potential ADU, subject to buyer verification and local requirements. Offering 2,025 square feet of well-planned living space, the home features four bedrooms and two bathrooms with a flexible layout that can adapt to a variety of needs. The Open living areas provide comfortable space for everyday living, dining, and entertaining. The oversized primary bedroom offers outside access and a cathedral ceiling; the three additional bedrooms can serve as guest rooms, offices, study rooms, or creative spaces. With generous square footage, versatile rooms, and the added potential for an ADU, this Fair Oaks property offers plenty of possibilities. Bring your ideas and make the space your own. Schedule a private showing and see the opportunities firsthand.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.4 |
| Baths | 2.0 | 2.4 |
| Square foot | 2,025 | 1,912.5 |
| Lot Size | 11,130 | 10,514.569 |
| Price | $575.0K | $656.6K |
| Price per sq ft | $284 | $347 |
| Built year | 1958 | 1978 |
| HOA | $0 | $387 |
| Days on market | 10 | 41 |
Aug 30, 2026
$575,000
Initial Listing
Oct 20, 2016
$369,000
Public Record