
Penryn, CA 95663
This Multigenerational Estate presents a Strong Value Opportunity, listed at $1,988,000—positioned well below the $2,100,908 Fair Market Value by 5%. This valuation gap offers $112,908 in Instant Equity. Featuring a Condition Rating of 3, the property includes a separate 2-bedroom guest house, resort-style pool, and RV garage. With its expansive 2.5-acre lot and high-end custom finishes, this estate is an ideal acquisition for Multigenerational Families or Savvy Investors seeking a versatile, income-producing asset.
Penryn estate with guest house, pool, and 2.5 acres. Listed at $1,988,000, offering instant equity. Perfect for multigenerational living or rental income.
Property is move-in ready.
Built in 1990 but exceptionally well-maintained with high-end custom finishes like cedar ceilings, mahogany accents, and cherry cabinetry. The kitchen is updated with professional-grade stainless appliances and granite countertops. The property includes modern systems such as fully owned solar and an RV garage. While some design elements like the glass block in the bathroom and specific cabinetry styles suggest a renovation from 10-15 years ago, the overall condition is move-in ready and functional.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 108900, living area = 5754.
The estate features a completely independent 2-bedroom, 2-bathroom guest house with its own address, entrance, and garage, providing exceptional utility for rental income or extended family living.
The 2.5-acre private grounds offer a luxury lifestyle with a waterfall pool, sports court, stone fire pit, and a unique wine cellar integrated beneath the pool area for seamless outdoor entertaining.
While the main residence spans a generous 4,700 square feet, it only contains three dedicated bedrooms, which may be insufficient for larger families despite the additional loft space.
Built in 1990, the heavy use of cedar ceilings and cherry cabinetry, though high-quality, may feel dated to modern buyers looking for a contemporary or minimalist interior design.
A rare opportunity in beautiful Penryn featuring two residences, 2.5 private, fully fenced and gated acres, and resort-style living all in one exceptional property. Offering approximately 5,700 square feet of total living space, the estate features a 4,700-square-foot primary residence plus a separate two-bedroom, two-bath guest house with its own entrance, address, and garage, ideal for extended family, guests, multigenerational living, or as a highly sought-after rental opportunity. Quality and character are evident throughout the main residence, with cedar ceilings, rich cherry cabinetry, mahogany accents, and an impressive custom mahogany bar and cabinetry in the entertainment room, complete with projector and large screen. The floor plan includes three bedrooms and three full bathrooms, a spacious main-level primary suite, dedicated office, beautifully appointed kitchen with high end appliances. A huge upstairs loft offers exceptional flexibility for guest quarters, a game room, media space, pool table, additional sleeping areas, or simply another comfortable place to gather. The outdoor setting is special in every season. Enjoy warm summer days around the resort-style pool with waterfall and slide, games on the sports court, or quiet afternoons beneath mature redwoods and oaks. In the cooler fall and winter months, gather around the built-in stone fire pit and enjoy peaceful evenings surrounded by the beauty and privacy of the property. A unique wine cellar tucked beneath the pool is perfectly situated for easy access while entertaining family and friends outdoors. Additional amenities include fully owned solar, abundant storage, an RV garage with pull-through access plus electric and sewer hookups, along with mature, beautifully established landscaping throughout. This distinctive Penryn estate offers an exceptional combination of privacy, versatility, craftsmanship, and timeless appeal. * Be sure to enjoy the Virtual Media Tour to experience the full beauty, scale, and flow of this exceptional property.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.3 |
| Baths | 3.0 | 3.6 |
| Square foot | 5,754 | 3,682.125 |
| Lot Size | 108,900 | 203,915.125 |
| Price | $1.99M | $1.85M |
| Price per sq ft | $345 | $543 |
| Built year | 1990 | 1987 |
| HOA | $0 | $1.0K |
| Days on market | 30 | 57 |
Sep 24, 2026
$1,988,000
Initial Listing
Apr 30, 1997
$248,500
Public Record