
Orangevale, CA 95662
This property presents a High-Potential Investment Opportunity with a List Price of $915,000—positioned slightly above the $892,490 Fair Market Value. While the property requires a strategic approach due to its Fair Condition Rating and short sale status, the massive 1.32-acre lot and Preliminary Lot Split Potential offer significant upside for forced appreciation. The expansive 3,270 sqft footprint and private basketball court provide a unique foundation for a high-end renovation. This is a complex, value-add acquisition ideal for Experienced Investors or Cash-Ready Developers.
Property is extensive renovation needed.
Built in 1986 (40 years old) with no mention of recent renovations. The short sale status, combined with agent remarks suggesting the need for 'foresight' and 'cash/financing,' indicates significant deferred maintenance and a likely need for a full rehab of the kitchen, baths, and systems.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 57499, living area = 3270.
The property features a section of the lot under preliminary split, offering a lucrative opportunity to sell the parcel or build an additional residence to maximize investment value.
Situated on a massive 1.32-acre flag lot at the end of a private country lane, the property provides exceptional privacy and unique amenities like a 1/2 basketball court.
The property is a short sale subject to lender approval, which often results in prolonged closing timelines and increased transaction uncertainty for the buyer.
The requirement for buyers with 'foresight' and 'access to cash' suggests the home may need significant repairs or may not qualify for traditional low-down-payment financing.
Incredible home on a huge flag lot at the end of a private country lane. All the features you'd expect PLUS a 1/2 basketball court. Added benefit is a gorgeous section of the lot which is under preliminary split and would make a great sale or new future building site. A buyer with some strong foresight and access to cash & financing could make this an amazing family home. Sellers' short sale application & documentation has been sent
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 3,270 | 1,636.789 |
| Lot Size | 57,499 | 9,606.421 |
| Price | $915.0K | $570.2K |
| Price per sq ft | $280 | $364 |
| Built year | 1986 | 1977 |
| HOA | $0 | $105 |
| Days on market | 82 | 50 |
Jun 19, 2026
$915,000
Initial Listing