
Newcastle, CA 95658
Analysis of 8040 Gilardi Road, Newcastle, CA 95658 is currently available with a list price of $750,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Newcastle Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
The property features several recent cosmetic updates, including wood-look tile flooring, new carpeting in bedrooms, and a modernized kitchen with stone countertops and shaker-style cabinets. However, the home was built in 1976 and is explicitly marketed as an 'Investor Special,' suggesting that while the interior is move-in ready, there is likely deferred maintenance or aging major systems (HVAC, electrical, plumbing) not visible in photos. Additionally, the exterior shows signs of wear, specifically the significantly cracked and weathered driveway and the aged condition of the detached garage.
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 = 1853.
Situated on over 2 acres, this property offers significant privacy and ample space for expansion, ADU potential, or outdoor development.
The kitchen features updated shaker cabinets and stone countertops, providing a contemporary and functional space that serves as a strong focal point for the home.
Marketed as an 'Investor Special,' the home likely requires significant repairs or renovations to address deferred maintenance and reach its full market value.
With a build date of 1976, the property may necessitate costly updates to major systems such as electrical, plumbing, or HVAC to meet modern standards.
Investor Special! Nestled on over 2 acres, this inviting home offers endless potential and a serene escape. The living room provides a warm, comforting atmosphere centered around a cozy fireplace, perfect for unwinding on quiet evenings or gathering with loved ones. The kitchen features classic shaker cabinets, stone countertops, and a convenient peninsula that expands your prep space and creates an ideal spot for casual dining. Step outside onto the spacious deck and take in the tranquil views of the surrounding woods, where you can enjoy peaceful mornings, outdoor entertaining, or simply soaking in the natural beauty. With ample land, room to expand, and a charming home as your starting point, this Newcastle property is a rare opportunity to create the lifestyle or investment vision you've been dreaming of.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 35% |
| Baths | 2.0 | 3.0 | 35% |
| Square foot | 1,853 | 3,326 | 22% |
| Lot Size | 104,544 | 113,256 | 35% |
| Price | $750.0K | $1.19M | 17% |
| Price per sq ft | $405 | $437 | 39% |
| Built year | 1976 | 1986 | 39% |
| HOA | $0 | $0 | 50% |
| Days on market | 147 | 222 | 22% |
Mar 11, 2026
$750,000
$799,000
-6% Price Drop
Initial Listing
Nov 26, 2025
$799,000
Initial Listing