7931 Logan Lane, Penryn, CA 95663, Penryn, 95663 - 3 bed, 2 bath
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Penryn, CA 95663
This property presents a Strong Value Opportunity with a List Price of $939,000—positioned well below the $990,890 Fair Market Value by 5%. This valuation gap offers $51,890 in Instant Equity for buyers. Featuring a Condition Rating of 4, the home requires modernization, yet offers significant upside through its 2.4-acre lot, PCWA irrigation water, and detached garage. Located in the Loomis Union School District, this is a high-potential acquisition ideal for Value-Add Investors or Owner-Occupants seeking a project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7931 Logan Lane Subject | $899,000* List Price | 3 | 2 | 2,572 | $378 | - |
A 7775 Rock Springs Pending | $875,000 List Price | 3 | 2 | 1,952 | $448 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1979, this 45-year-old home is functional but significantly dated. The kitchen features older oak cabinetry and tile, and the living areas show aged carpeting and popcorn ceilings. While the addition of solar panels and a pool are positives, the listing's 'bring your vision' description and the age of the interior finishes indicate a need for comprehensive cosmetic updates and modernization.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 104544, living area = 2572.
Situated in the highly sought-after Loomis Union School District, this property offers significant long-term value and appeal for families seeking top-tier education.
The 2.4-acre lot includes a valuable 1.5-inch PCWA irrigation water allocation, providing a cost-effective resource for maintaining the garden and landscape.
Built in 1979 and marketed as an 'opportunity' for a buyer's vision, the home likely requires substantial capital investment for modernizing and repairs.
At a list price of $939,000 for a property needing work, the initial investment may be high for buyers also budgeting for a full-scale renovation.
Opportunity awaits on this 2.4-acre Penryn property in the highly sought-after Loomis Union School District. Offering 2,572 sq. ft., this 3-bedroom, 2-bath home is ready for its next owner to bring their vision to life. Enjoy scenic views, a pool, established garden area, and a large detached garage with endless possibilities for a workshop, hobby space, or additional projects. The property also benefits from PCWA irrigation (ditch) water, with a 1 1/2-inch allocation year-round, providing a valuable resource for maintaining the acreage. Whether you're looking for an investment or a home to make your own, this property offers the rare combination of acreage, privacy, and potential in one of Placer County's most desirable locations. Bring your vision and unlock the potential of 7931 Logan Lane.
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 | 2,572 | - |
| Lot Size | 104,544 | - |
| Price | $899.0K | $1.02M |
| Price per sq ft | $350 | $470 |
| Built year | 1979 | 0 |
| HOA | $0 | $0 |
| Days on market | 7 | 86 |
Jul 21, 2026
$899,000
$939,000
-4% Price Drop
Initial Listing
Jul 15, 2026
$939,000
Initial Listing