
Fair Oaks, CA 95628
This property presents a High-Potential Investment Opportunity with a List Price of $399,000—positioned well below the $388,680 Fair Market Value by -2%. While the home carries a Fair Condition Rating (4/10) and requires significant modernization, the expansive 16,988 sqft lot offers substantial upside for ADU construction or footprint expansion. This asset is a classic value-add project, ideal for Fix-and-Flip Investors or Contractors seeking to leverage the large lot size and original character to force appreciation in a desirable Fair Oaks location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7401 Heather Road Subject | $395,000* List Price | 2 | 1 | 834 | $463 | - |
A 7131 Sunset Avenue Pending | $449,000 List Price | 3 | 2 | 1,056 | $425 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1949, the home is over 70 years old and features dated systems, including a wall heater and older windows. While the interior is clean and shows some past updates to the kitchen cabinets and laminate flooring (likely 15-20+ years old), the listing's call for 'investors' and 'renovators' to perform a 'transformation' indicates the property needs significant modernization and potential system overhauls.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 16988, living area = 834.
The property sits on a generous 16,988 sqft lot, providing ample space for potential expansions, ADU construction, or extensive outdoor landscaping in a desirable Fair Oaks location.
Featuring original hardwood floors and a charming fireplace, this home offers a solid foundation of character for investors or renovators looking to build equity through a thoughtful transformation.
Marketed as a 'diamond in the rough,' the property requires substantial capital investment and labor to modernize and address potential deferred maintenance typical of a 1949 build.
With only 834 square feet of living space and a single bathroom, the current layout may be restrictive for modern buyer expectations and families without a costly square-footage addition.
Calling all investors, contractors, renovators, and buyers with vision! This diamond in the rough is filled with character, potential, and opportunity. The home features original hardwood floors, a spacious living area with a charming fireplace, abundant natural light, and a functional floor plan ready for a thoughtful transformation. Outside, the property includes a large detached storage shedperfect for a workshop, studio, hobby space, or additional storage. With the right improvements, this home could become a beautiful personal residence, profitable rental, or rewarding renovation project. Bring your ideas and unlock the possibilities. Properties with this much potential don't come along oftenan excellent opportunity to build equity and create something truly special. Buyer to verify all property details, permitted uses, and development possibilities.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.4 |
| Baths | 1.0 | 2.4 |
| Square foot | 834 | 1,912.5 |
| Lot Size | 16,988 | 10,514.569 |
| Price | $395.0K | $656.6K |
| Price per sq ft | $474 | $347 |
| Built year | 1949 | 1978 |
| HOA | $0 | $387 |
| Days on market | 36 | 41 |
Aug 28, 2026
$395,000
$399,000
-1% Price Drop
Initial Listing
Aug 4, 2026
$399,000
Initial Listing