
Meadow Vista, CA 95722
This property presents a High-Potential Investment Opportunity with a List Price of $550,000—positioned well below the $554,481 Fair Market Value by 0.8%. This valuation gap offers $4,481 in Instant Equity. Featuring a Fair Condition Rating (1984 build), the asset includes a permitted 2-bedroom mobile home, providing significant Multigenerational/Income Potential. With nearly 5 acres and tree-lined views, this is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build equity through cosmetic modernization.
Property is moderate renovation needed.
Built in 1984 (40 years old), the home is described as 'original' and features dated 80s-style tile countertops, wallpaper, and cabinetry in the bathrooms and utility areas. While the roof is a newer system update (5 years old), the property requires cosmetic modernization and specific structural repairs to the back porch.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 200376, living area = 2196.
The property includes a permitted 2-bedroom, 1-bath mobile home with its own fenced yard and separate driveway, ideal for rental income or guest accommodations.
Spanning nearly 5 acres, the lot features a canal border, irrigation, and a pond, providing a serene and private country setting with beautiful tree-lined views.
The property requires immediate attention to the back porch and other updates, which may necessitate a significant upfront budget for repairs and modernization.
Built in 1984, the home retains its original styling and finishes, which likely require a full cosmetic overhaul to meet modern aesthetic standards.
Tucked away on a quiet road in Meadow Vista, this 3.22-acre property offers peaceful country living, beautiful tree-lined views, and the relaxing sound of water from the nearby canal bordering the property. With irrigation in both the front and back, multiple living possibilities, and plenty of room to make it your own, this is a truly unique opportunity. The main home features 3 bedrooms, 2 bathrooms, and approximately 2,196 sq. ft. with a spacious floor plan designed for comfortable living and entertaining. The inviting living room showcases vaulted ceilings and a wood-burning stove, with direct access to an expansive deck where you can take in the tranquil natural surroundings. A separate den with a wet bar provides flexible space for entertaining, a home office, playroom, or additional living area. The generously sized primary suite includes an ensuite bathroom and walk-in closet, while two additional bedrooms and a full bathroom are thoughtfully situated on the opposite side of the home. The recently replaced front porch features high-performance composite decking, with steps leading down to a charming pond area. Original yet well-built, the home presents a wonderful opportunity to bring your design vision to life and build equity along the way. Important improvements are already in place, including a roof replaced approximately five years ago. Below the home, an oversized garage offers abundant storage and plenty of room for a workshop, hobbies, or projects. Two entrances and a looping driveway add convenience and accessibility throughout the property. Adding even more possibilities is a permitted 2-bedroom, 1-bath mobile home located on the lower portion of the property. Complete with its own fenced yard and separate driveway from the main residence, it offers excellent potential for multigenerational living, guest accommodations, or additional rental income. With nearly five acres, two residences, versatile spaces, and a peaceful setting, this property is filled with possibilities. Enjoy the serenity of country living while remaining conveniently close to I-80 and approximately one hour from Lake Tahoe. Bring your vision and discover everything this special Meadow Vista property has to offer. The price reflects the opportunity for future updates, including needed repairs to the back porch, allowing the next owner to make improvements and truly personalize the property.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.6 |
| Baths | 2.0 | 3.1 |
| Square foot | 2,196 | 2,618.286 |
| Lot Size | 140,263 | 87,120 |
| Price | $550.0K | $987.5K |
| Price per sq ft | $250 | $331 |
| Built year | 1984 | 1990 |
| HOA | $0 | $265 |
| Days on market | 19 | 64 |
Aug 21, 2026
$550,000
Initial Listing