8366 Madison Avenue, Fair Oaks, CA 95628, Fair Oaks, 95628 - 3 bed, 2 bath
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Fair Oaks, CA 95628
This Renovated Dual-Unit Compound is listed at $879,000, offering a high-utility lifestyle estate positioned near its $823,532 Fair Market Value. The property features a 2,000 sq. ft. main residence and a fully independent 765 sq. ft. guest house, both achieving an Excellent Condition Rating following comprehensive modern updates. Highlights include Quartz Countertops, contemporary cabinetry, and an Expansive 14,810 Sq. Ft. Lot with a Private Patio. This turnkey property provides rare flexibility for Multigenerational Families or Owner-Occupants seeking a polished sanctuary with built-in rental income potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8366 Madison Avenue Subject | $879,000* List Price | 3 | 2 | 2,000 | $406 | - |
A 4932 Hollycrest Way Sold | $700,000 | 4 | 3 | 1,915 | $366 | 0.7 mi |
B 4809 Tiffany Way Sold | $745,000 | 3 | 3 | 1,872 | $398 | 0.9 mi |
C 5001 Shamrock Drive Sold | $850,000 | 3 | 2 | 1,900 | $447 | 0.5 mi |
D 4951 Richwood Court Sold | $795,900 | 4 | 2 | 2,338 | $340 | 0.7 mi |
E 8181 Woodleaf Drive Sold | $665,000 | 3 | 2 | 1,553 | $428 | 0.6 mi |
F 5076 Cocoa Palm Way Pending | $829,900 List Price | 3 | 2 | 2,087 | $398 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1957, the property has undergone a comprehensive recent renovation that meets modern quality standards. The main residence features a fully updated open-concept kitchen with contemporary cabinetry, quartz countertops, and stainless-steel appliances, along with modernized bathrooms and flooring. The addition of a second renovated unit and the overall move-in-ready state, following what appears to be a complete top-to-bottom overhaul within the last few years, justifies an excellent rating.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 14810, living area = 2000.
The property features two separate homes on one lot, providing an exceptional opportunity for rental income, guest accommodations, or multigenerational living with a private second address.
The main 2,000 sq. ft. residence has been thoroughly updated with an open-concept layout, quartz countertops, and contemporary cabinetry, ensuring a move-in-ready experience.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2000, other record living area = 1356.
Being located on Madison Avenue, a major thoroughfare, the property is subject to higher noise levels and traffic volume compared to interior neighborhood streets.
With the original structure dating back to 1957, buyers may face long-term maintenance needs associated with older plumbing, electrical, or foundation systems despite the cosmetic renovations.
Two homes on one lot, offering flexibility for multigenerational living, guest accommodations, or rental income. The main residence is approximately 2,000 sq. ft. and has been thoroughly renovated with thoughtful attention to detail. It features 3 spacious bedrooms, 2 updated bathrooms, and an open-concept floor plan designed for modern living. The kitchen boasts contemporary cabinetry, quartz countertops, and stainless-steel appliances, seamlessly connecting to the dining and living areas. The second home is approximately 765 sq. ft. and provides 2 bedrooms,1 full bath, kitchen, and living area, offering a comfortable and private living space. With its own entrance and address, it is ideal for extended family, visiting guests, or as an income-producing rental. Situated in a desirable Fair Oaks neighborhood, the property is close to schools, shopping, dining, and parks. This versatile property is move-in ready and presents a unique opportunity with endless possibilities.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,000 | 1,934 | 54% |
| Lot Size | 14,810 | 10,724.5 | 77% |
| Price | $879.0K | $650.0K | 82% |
| Price per sq ft | $440 | $337 | 89% |
| Built year | 1957 | 1971 | 12% |
| HOA | $0 | $0 | 50% |
| Days on market | 81 | 182 | 16% |
Feb 1, 2026
$879,000
Initial Listing
Mar 28, 2024
$310,000
Public Record
Dec 28, 2023
$260,000
Public Record