
Stockton, CA 95210
This property presents a High-Potential Investment Opportunity with a List Price of $340,000—positioned well above the $262,704 Fair Market Value by 29%. While the home requires significant capital expenditure due to its Condition Rating of 5, the 3-bedroom layout within the Summer Place 55+ community offers unique rental demand. The property features access to a clubhouse and pool, though the high $550 HOA fee necessitates careful cash-flow analysis. This asset is best suited for Buy-and-Hold Investors or Value-Add Renovators targeting the senior housing market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8432 Tam O Shanter Drive Subject | $340,000* List Price | 3 | 2 | 1,130 | $232 | - |
A 8437 Cherbourg Sold | $290,000 | 3 | 2 | 1,104 | $263 | 0.8 mi |
B 617 Clinton Drive Sold | $380,000 | 4 | 2 | 1,224 | $310 | 0.4 mi |
C 1118 Fallbrook Drive Sold | $290,000 | 2 | 2 | 1,134 | $256 | 0.2 mi |
D 1740 Sandalwood Drive Sold | $335,000 | 3 | 2 | 1,389 | $241 | 0.5 mi |
E 2031 Le Mans Place Sold | $385,000 | 3 | 2 | 1,296 | $297 | 0.6 mi |
F 2401 Claridge Lane Active | $415,000 List Price | 3 | 2 | 1,146 | $362 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property was built in 1983, making it 41 years old. According to the criteria, homes over 30 years old without specified renovations fall into the poor category. The listing description does not mention any updates to the kitchen, bathrooms, or major systems (HVAC/Electric), suggesting the home is likely in original, dated condition requiring significant rehab.
Located in the Summer Place senior community, the property offers access to a clubhouse and pool, providing an active and social lifestyle tailored to residents aged 55 and over.
The 3-bedroom layout is a rare find in senior living, making it highly attractive for both owner-occupants and investors looking for strong rental demand from age-qualified tenants.
The home is ideally positioned near essential services, including hospitals, shopping centers, and major freeways, ensuring convenience for medical appointments and daily errands.
The $550 association fee is significant relative to the listing price, which may impact the overall affordability and debt-to-income ratio for buyers on a fixed retirement income.
The surrounding public schools carry low ratings (as low as 1/10), which can negatively affect the long-term land value and the property's appeal to a broader range of future buyers.
Welcome to comfortable senior living in the desirable Summer Place 55+ Community, offering a 3-bedroom, 2-bathroom home is ideal for buyers 55+ or investors seeking a strong rental opportunity for age-qualified tenants. Enjoy the community pool and clubhouse. Close to shopping, hospitals, schools and major freeways.
No exterior & parking available.
Grades PK-6 • 0.0 mi
Grades 7-8 • 2.4 mi
Grades 7-8 • 5.1 mi
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 | 1,130 | 1,352 | 15% |
| Lot Size | 5,998 | 6,360 | 38% |
| Price | $340.0K | $385.0K | 33% |
| Price per sq ft | $301 | $282 | 72% |
| Built year | 1983 | 1979 | 69% |
| HOA | $550 | $0 | 95% |
| Days on market | 3 | 178 | 3% |
Jun 11, 2026
$340,000
Initial Listing
Jan 6, 2009
$61,000
Public Record