
Folsom, CA 95630
Analysis of 814 Comstock Drive, Folsom, CA 95630 is currently available with a list price of $1,150,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the Folsom Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is land value only, full reconstruction required.
Built in 1948 with no evidence of significant renovation, this property is explicitly marketed as a residential development opportunity for builders and investors. The value is primarily in the large four-parcel lot rather than the small, 800 sqft structure, which appears dated and is likely to be replaced.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 39487, living area = 800.
The inclusion of four separate parcels in the sale price offers a rare and lucrative opportunity for builders or investors to develop multiple residential units in a high-demand Folsom neighborhood.
The property is ideally situated near Historic Folsom, the American River, and local amenities, providing future residents with excellent access to recreation, dining, and shopping.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =39487, other record lot size in square feet = 30560.
The $1.35M list price is heavily weighted toward the land's potential, as the existing 800-square-foot structure from 1948 offers minimal functional value and likely requires removal.
Beyond the purchase price, buyers will need significant additional capital and expertise to navigate the entitlement, utility connection, and construction processes for a multi-parcel project.
Folsom Investment Opportunity! An exceptional opportunity featuring four parcels at 814 Comstock Drive included in the sale price. Located in a highly desirable and established Folsom community, this property offers the opportunity to develop residential uses in a sought-after location. Zoned R-3, the property presents a unique opportunity for investors, builders, and developers looking to create a residential project in a prime Folsom area. Enjoy close proximity to local shops, restaurants, entertainment, parks, Lake Natoma, and the nearby Historic Folsom district, while also benefiting from convenient access to major roadways. A rare opportunity to bring your vision to one of Folsom's desirable areas!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.5 |
| Baths | 1.0 | 2.7 |
| Square foot | 800 | 2,083.849 |
| Lot Size | 39,487 | 6,955.675 |
| Price | $1.15M | $776.4K |
| Price per sq ft | $1.4K | $390 |
| Built year | 1948 | 2000 |
| HOA | $0 | $171 |
| Days on market | 40 | 46 |
Aug 6, 2026
$1,150,000
$1,350,000
-15% Price Drop
Initial Listing
Jul 31, 2026
$1,350,000
Initial Listing
May 22, 2018
$270,000
Public Record