
Fair Oaks, CA 95628
This property presents a High-Potential Investment Opportunity with a List Price of $866,000—positioned well below the $839,987 Fair Market Value by -3%. While the property requires significant capital expenditure due to its Condition Rating of 5, the expansive 0.6-acre lot and potential for a lot split provide substantial upside. Featuring a JADU and pool house, this asset offers versatile income-generating configurations. This is a strategic acquisition ideal for Buy-and-Hold Investors or Developers capable of navigating zoning approvals to maximize the site's density.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8879 Sunset Ave Subject 4 bd · 4 ba · 2,768 sqft · $292 | $846,000* List Price | 4 | 4 | 2,768 | $292 | - |
A 8809 Barrister Lane Sold 5 bd · 3 ba · 3,056 sqft · $278 · 0.2 mi | $850,000 | 5 | 3 | 3,056 | $278 | 0.2 mi |
B 4233 Curragh Oaks Lane Sold 3 bd · 3 ba · 2,475 sqft · $293 · 0.9 mi | $725,000 | 3 | 3 | 2,475 | $293 | 0.9 mi |
C 5434 Southolm Court Sold 4 bd · 3 ba · 2,400 sqft · $313 · 0.8 mi | $750,000 | 4 | 3 | 2,400 | $313 | 0.8 mi |
D 8681 Winding Way Sold 4 bd · 3 ba · 2,662 sqft · $282 · 0.7 mi | $750,000 | 4 | 3 | 2,662 | $282 | 0.7 mi |
E 9260 Winding Oak Dr Active 4 bd · 3 ba · 2,674 sqft · $346 · 0.9 mi | $925,000 List Price | 4 | 3 | 2,674 | $346 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1950 with outdated renovations that appear to be over 30 years old. The kitchen and bathrooms feature highly dated oak cabinetry, tile countertops, and older fixtures. The exterior shows a completely empty, neglected swimming pool and cluttered grounds. The listing is explicitly marketed as an investor special requiring significant rehab ('bring your tools').
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 26136, living area = 2768.
The expansive 0.6-acre lot offers significant investment upside with the potential to split the parcel and add two additional homes, providing a rare opportunity for high-yield development.
In addition to the main residence, the inclusion of a JADU and a separate pool house offers exceptional flexibility for multi-generational living, guest accommodations, or rental income streams.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2768, other record living area = 3000.
Marketed as an 'investor's dream' requiring tools and vision, the 1950s-built property likely necessitates substantial capital expenditure for modernization and repairs.
The property's primary value-add—the lot split—is subject to buyer verification and local zoning approvals, which introduces risk and potential delays to the development timeline.
An Investors Dream..., This secluded Gem-Tucked away behind mature trees and set back from the street, this unique property offers privacy, space, and incredible potential. The expansive lot provides plenty of room to bring your vision to life with ample space for tools, motorhome, boat, recreational vehicles, and all your favorite toys. The main home features a spacious living room with high ceilings and an adjacent dining area, creating an inviting space for entertaining. The kitchen offers abundant counter space, generous cabinetry for storage, and room for a breakfast nook. The home includes three bedrooms, including an extra-large primary suite featuring a sunken tub and double French doors that open directly to the backyard. The two additional bedrooms share a private bathroom. The property also includes a JADU and a separate pool house, adding flexibility for guests, extended family, workspace, or additional living needs. But the true gem of this property is the large lot and its development potential. The property may offer the opportunity to split the lot and potentially add two additional homes, subject to applicable zoning, approvals, and verification by the buyer. With its secluded setting, multiple structures, expansive grounds, and potential for future development, this property offers an exceptional opportunity for someone with vision. Bring your tools, your toys, your ideas and let your imagination do the rest!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.3 |
| Baths | 4.0 | 2.6 |
| Square foot | 2,768 | 1,905.543 |
| Lot Size | 26,136 | 10,497.37 |
| Price | $846.0K | $653.6K |
| Price per sq ft | $306 | $336 |
| Built year | 1950 | 1976 |
| HOA | $0 | $343 |
| Days on market | 37 | 41 |
Oct 10, 2026
$846,000
$866,000
-2% Price Drop
Initial Listing
Sep 18, 2026
$866,000
Initial Listing
Nov 21, 2002
$200,000
Public Record