
Colfax, CA 95713
This Charming Foothill Cabin is a Prime Investment Opportunity listed at $499,000—positioned well below the $516,611 Fair Market Value by 3%. This valuation gap offers $17,611 in Instant Equity. Maintaining a Condition Rating of 3, the home features vaulted ceilings, a large deck with wooded views, and a 1.2-acre lot with a productive fruit orchard. The detached garage with a partial ADU conversion provides significant rental or multi-generational upside. This versatile asset is ideal for Owner-Occupants or Value-Add Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 940 Pine Hill Road Subject | $499,000* List Price | 3 | 2 | 1,512 | $342 | - |
A 1130 Sage Road Sold | $499,000 | 3 | 3 | 1,524 | $327 | 0.9 mi |
B 20800 Indian Drive Sold | $538,000 | 3 | 3 | 1,880 | $286 | 0.7 mi |
C 20950 Indian Drive Sold | $499,999 | 3 | 2 | 2,000 | $250 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and well-maintained, featuring fresh interior paint and updated wood-look tile or laminate flooring throughout the main living areas. While the home was built in 1980, the kitchen has been refreshed with some stainless steel appliances, and the main living area boasts modern ceiling fans and vaulted ceilings. The exterior includes a large deck and a detached garage with a brand-new roof. Although the bathroom and kitchen cabinetry show some age, they are functional and clean, meeting the criteria for a well-maintained home that does not require immediate renovation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 52272, living area = 1512.
The property features a detached garage with a brand-new roof and a partially completed ADU conversion, offering significant value-add potential for rental income or multi-generational living.
With a miner's inch for irrigation and an established orchard of fruit trees including persimmon, lemon, and Japanese pear, the 1.2-acre lot is perfectly equipped for hobby farming and sustainable living.
The ADU conversion is only partially completed, requiring the buyer to invest additional capital and effort to finish the space and ensure it meets local building codes.
Built in 1980, the property may require future updates to major systems or insulation to meet modern energy efficiency standards, despite its recent cosmetic refreshments.
Charming Cabin in Colfax. This inviting 1,512 sq. ft. cabin offers comfortable country living with a warm, welcoming feel. The main level features two bedrooms and one full bathroom, along with an open great room highlighted by vaulted ceilings and a cozy wood-burning stove. The kitchen and living area open to a deck overlooking the peaceful propertyperfect for relaxing or entertaining. Upstairs, a loft-style primary bedroom with a full bath provides a private retreat. Outside, the property includes plenty of parking, a detached garage/storage building with a brand-new roof, a garden shed, and a woodshed. The garage also includes a partially completed ADU conversion, ready for finishing touches. Fresh paint adds to the home's clean, move-in-ready appeal. Served by Midway Heights water with a miner's inch for irrigation, the property supports a variety of fruit trees including persimmon, lemon, Japanese pear, pluot, plum, almond, and wild plum. There is also room for animals. A charming, functional property with space, flexibility, and a true foothill feel.
No exterior & parking available.
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 | 1,512 | 1,689 | 34% |
| Lot Size | 52,272 | 65,340 | 41% |
| Price | $499.0K | $507.5K | 48% |
| Price per sq ft | $330 | $286 | 75% |
| Built year | 1980 | 1979 | 52% |
| HOA | $0 | $0 | 50% |
| Days on market | 7 | 203 | 7% |
Apr 15, 2026
$499,000
Initial Listing
Sep 24, 2021
$443,000
Public Record
Oct 12, 2012
$185,000
Public Record