728 R Street, Newman, CA 95360, Newman, 95360 - 3 bed, 2 bath
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Newman, CA 95360
This Hybrid Residential Asset represents a Strong Value Opportunity, listed at $529,900—positioned well below the $553,780 Fair Market Value by 4%. This valuation gap provides $23,880 in Instant Equity. Featuring a Condition Rating of 3, the home includes a Modernized Granite Kitchen and a massive 14,486 sq. ft. lot with a Pool and Spa. The inclusion of a second parcel with separate street access offers significant development potential. This property is ideal for Buy-and-Hold Investors or Owner-Occupants seeking long-term appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 728 R Street Subject | $515,000* List Price | 3 | 2 | 1,521 | $302 | - |
A 1014 S Street Sold | $459,500 | 3 | 2 | 1,932 | $238 | 0.2 mi |
B 728 R Street Active | $569,000 List Price | 3 | 2 | 1,521 | $374 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1978, the property has been well-maintained and features a renovated kitchen with granite countertops and custom cabinetry. The interior shows updated flooring, crown molding, and fresh paint, making it move-in ready. The exterior and pool/spa systems appear functional and well-kept, fitting the 5-15 year renovation profile.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 14486, living area = 1521.
The inclusion of a second parcel with its own street access offers rare flexibility for building an ADU, guest house, or multi-generational living space, significantly increasing future property value.
The massive 14,486 sq. ft. lot features a private backyard oasis complete with a swimming pool, spa, and a versatile two-story shed suitable for a workshop, studio, or home gym.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =14486, other record lot size in square feet = 7123.
Built in 1978, the home may require upcoming investments in major systems such as HVAC, roofing, or plumbing that are not explicitly listed as recently replaced.
At 1,521 square feet, the interior living space is relatively small compared to the expansive lot size, which may limit appeal for larger families requiring more indoor room.
Your Private Backyard Oasis Awaits! Welcome to this beautifully maintained 3-bedroom, 2-bath home situated on two parcels totaling an impressive 14,486 sq. ft. of opportunity. Inside, you'll find a bright and inviting open floor plan filled with natural light, creating a warm and comfortable space for everyday living. The upgraded kitchen is the heart of the home, featuring granite countertops, custom tile backsplash, stylish cabinetry, and abundant windows that flood the space with sunshine. Step outside and discover your own private retreat. The backyard is designed for entertaining and relaxation with a sparkling swimming pool, soothing spa, and a unique two-story shed that could serve as a workshop, home gym, studio, or additional storage space. What truly sets this property apart is the included second parcel (APN 026-044-004), complete with its own separate street access. Whether you're considering building an ADU, guest house, creating space for multi-generational living, or exploring future investment opportunities, the possibilities are endless. Rarely do properties offer this much flexibility, privacy, and potentialall in one package.
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 | 1,521 | - |
| Lot Size | 14,486 | - |
| Price | $515.0K | $450.5K |
| Price per sq ft | $339 | $267 |
| Built year | 1978 | 0 |
| HOA | $0 | $0 |
| Days on market | 35 | 118 |
Jul 16, 2026
$515,000
$529,900
-3% Price Drop
Initial Listing
Jun 17, 2026
$529,900
Initial Listing
Apr 20, 2023
$505,000
Public Record