
Auburn, CA 95603
This property presents a High-Potential Investment Opportunity with a List Price of $940,000—positioned well below the $987,722 Fair Market Value by 4%. This valuation gap offers $47,722 in Instant Equity for buyers. Featuring a Fair Condition Rating due to unfinished flooring, the home offers a Single-Level Layout with Panoramic Valley Views and 7-Acre Pasture Utility. This is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking to build equity through cosmetic personalization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8422 Memory Lane Subject | $940,000* List Price | 3 | 3 | 2,380 | $415 | - |
A 3425 Pine Ridge Lane Sold | $810,000 | 3 | 3 | 1,896 | $427 | 0.8 mi |
B 8217 Memory Lane Pending | $915,000 List Price | 3 | 2 | 2,666 | $343 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1989 (35 years old), the home is dated and currently lacks finished flooring throughout, making it not move-in ready. While the roof and gutters are new (<3 years) and the interior has been painted, the kitchen features dated cabinetry and fluorescent box lighting, and the overall age and missing finishes require minor updates/repairs.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 291852, living area = 2380.
Situated near the end of a quiet road, the property offers breathtaking, unobstructed views of the Valley and Coast Range, ensuring a serene and private living environment.
The home features a highly desirable single-story layout with vaulted ceilings and seamless deck access from multiple rooms, providing excellent accessibility and indoor-outdoor flow.
With all carpeting removed and no new flooring installed, the home is currently not move-in ready and requires immediate buyer coordination and financial investment.
Despite recent paint and a newer roof, the 1989-built interior may require additional updates to kitchens or bathrooms to align with contemporary luxury standards.
As you turn onto Memory Lane, the view begins and only gets better as you arrive at the property. This home is situated to take full advantage of the sweeping views of Lincoln, the Valley, and the Coast Range. All of the living space is on one level, creating a functional and comfortable layout. The home features a family room with a wood-burning fireplace, a dining room, and a living room off the kitchen with vaulted ceilings. There is access to the deck from the family room, living room, and primary suite, creating a seamless connection to the outdoor setting and expansive views. The carpet has been removed and no new flooring installed, allowing the next owner the opportunity to choose finishes that match their own style and vision. Recent improvements include interior and exterior paint along with a roof and gutters that are less than three years old. NID irrigation serves the pastures, offering added utility for animals, gardening, or future landscaping plans. Located near the end of the road with only a handful of homes beyond it, the property enjoys a peaceful setting with very little traffic and a sense of privacy while still being within reach of nearby amenities.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 56% |
| Square foot | 2,380 | 1,838 | 73% |
| Lot Size | 291,852 | 10,399.5 | 97% |
| Price | $940.0K | $617.5K | 90% |
| Price per sq ft | $395 | $353 | 73% |
| Built year | 1989 | 1978 | 63% |
| HOA | $250 | $0 | 95% |
| Days on market | 22 | 206 | 2% |
May 15, 2026
$940,000
Initial Listing
Aug 9, 2001
$419,000
Public Record