944 Sherman Ln, Oakley, California 94561, Oakley, 94561 - 3 bed, 3 bath
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Oakley, California 94561
This property presents a High-Potential Investment Opportunity with a List Price of $689,000—positioned well below the $661,291 Fair Market Value by -4%. While the home carries a Fair Condition Rating (4/10) due to dated interiors, the recent installation of a new roof and AC system mitigates immediate capital expenditure. The expansive 13,939 sqft lot and the mandatory inclusion of the adjoining parcel offer significant development potential. This is a strategic acquisition ideal for Buy-and-Hold Investors or Developers seeking to leverage land utility for long-term growth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 944 Sherman Ln Subject | $689,000* List Price | 3 | 3 | 1,899 | $348 | - |
A 460 Clearwood Dr Sold | $770,000 | 4 | 3 | 1,913 | $403 | 0.9 mi |
B 361 361 Clove Way Sold | $690,000 | 3 | 3 | 2,292 | $301 | 0.4 mi |
C 436 Clearwood Dr Sold | $665,000 | 3 | 2 | 1,607 | $414 | 0.9 mi |
D 641 Woodbury Pl Pending | $695,000 List Price | 4 | 2 | 1,714 | $405 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1955, the home features a significantly dated interior with a kitchen and bathrooms that appear to be over 30 years old. While the property benefits from a brand new roof and new AC system, the wood paneling, older cabinetry, and vintage fixtures indicate the home needs cosmetic updates and minor repairs to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13939, living area = 1899.
The property features a brand-new roof and a newly installed AC system, significantly reducing immediate capital expenditure and maintenance concerns for the buyer.
With nearly 14,000 square feet of land, the property offers a spacious 'country living' feel and ample outdoor space, which is a rare find in a central town location.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1899, other record living area = 1179. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The requirement to purchase the adjoining property increases the total acquisition cost and may limit the buyer pool to those with higher budgets or investment interests.
Built in 1955, the home may require additional modernization of its original systems and interior finishes to meet contemporary standards beyond the recent roof and AC updates.
Enjoy country living in the heart of Oakley with this charming single-story ranch-style home. This property features 3 large bedrooms, 2.5 bathrooms, a beautiful kitchen, and a large living room complete with a cozy wood-burning stove and built-in bookcases. Additional highlights include a laundry room, covered patio, 2-car garage, and an orange tree that adds to the home’s country charm. Home has a new roof and new AC just completed. Don’t miss this rare opportunity to enjoy country living while still being conveniently located in town. Property is being sold together with adjoining property at 2080 O'Hara Ave, Oakley Ca MLS #41135293. Welcome Home!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 48% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,899 | 1,908 | 50% |
| Lot Size | 13,939 | 6,449 | 87% |
| Price | $689.0K | $660.0K | 60% |
| Price per sq ft | $363 | $353 | 54% |
| Built year | 1955 | 1994 | 5% |
| HOA | $0 | $0 | 50% |
| Days on market | 18 | 127 | 1% |
May 19, 2026
$689,000
Initial Listing