506 W Terrace Avenue, Fresno, California 93705, Fresno, 93705 - 4 bed, 3 bath

506 W Terrace Avenue, Fresno, California 93705 home-pic-0
ACTIVE$498,500
506 W Terrace Avenue, Fresno, California 93705
4Beds
3Baths
2,244Sqft
8,437Lot
Year Built
1952
Close
-
List price
$499K
Original List price
$499K
Price/Sqft
$222
HOA
-
Days on market
-
Sold On
-
MLS number
FR25260429
Home ConditionExcellent
Features
Patio
View-

About this home

We found 4 Cons,5 Pros. Rank: price - $498.5K(91th), sqft - 2244(91th), beds - 4(91th), baths - 3(91th).

Welcome to 506 W Terrace Ave, a charming and beautifully refreshed home in the heart of Fresno. Situated near historic Fresno High School, this move-in-ready property blends classic character with modern comfort, offering a bright and inviting atmosphere from the moment you step inside. Large windows fill the home with natural light, highlighting a spacious layout that adapts easily to your lifestyle. The generous living room creates an ideal setting for both relaxing and entertaining. The updated kitchen stands out with new custom white cabinetry, quartz countertops, stainless steel appliances, a stainless steel sink, and a walk-in pantry—perfect for anyone who enjoys cooking or hosting. The home features fresh interior and exterior paint and brand-new LVP flooring throughout. A new split AC and heating system allows each room to maintain its own ideal temperature, while new dual-pane windows help improve comfort and energy efficiency. Updated LED lighting, switches, and outlets add a clean, modern finish. The back bedroom offers excellent flexibility—use it as an owner’s suite, private office, cozy den, or even a next-gen living space with access to its own side courtyard. The adjoining remodeled bathroom includes a spacious walk-in shower with floor-to-ceiling tile and a quartz-top vanity. Down the hallway, you’ll find a full bath with a double quartz vanity and tiled tub/shower, plus an additional half bath for added convenience. Additional bonus spaces extend the home’s versatility. A 210 sq. ft. basement is ideal for a home gym, storage, hobby room, or man-cave. A front room off the kitchen can serve as a dining room, office, bedroom, or flex space. The oversized 801 sq. ft. two-car garage provides substantial parking, workspace, and a laundry/utility area. The property also includes covered RV parking for two vehicles, a long side yard great for pets, and a private courtyard on the opposite side of the lot. Built with high-quality masonry by a former fire department chief, this home was crafted to last. The neighborhood is known for its long-time residents, welcoming feel, and easy access to shopping, restaurants, and major freeways. Thoughtfully updated and ready for its next owner, this home offers comfort, flexibility, and charm throughout. Schedule your private showing today.

Price History

Date
Event
Price
11/14/25
Listing
$498,500
10/10/24
Sold
$312,000
10/10/24
Sold
$270,000
Condition Rating
Excellent

Despite being built in 1952, this property has undergone a comprehensive and recent renovation, bringing its condition to an excellent standard. The kitchen features new custom white cabinetry, quartz countertops, and stainless steel appliances, all appearing virtually new. Bathrooms are fully remodeled with modern vanities, quartz tops, and floor-to-ceiling tiling. The entire home boasts brand-new LVP flooring, fresh interior and exterior paint, new dual-pane windows, and a new split AC/heating system. Updated LED lighting, switches, and outlets further enhance its modern appeal and functionality, indicating minimal physical depreciation and meeting current quality standards.
Pros & Cons

Pros

Comprehensive Modern Updates: The property features extensive recent renovations including a new kitchen with quartz countertops and stainless steel appliances, remodeled bathrooms, fresh paint, new LVP flooring, dual-pane windows, and a new split AC/heating system, ensuring modern comfort and energy efficiency.
Exceptional Versatility & Bonus Spaces: Multiple flexible rooms, including a 210 sq. ft. basement and a front flex room, along with an adaptable back bedroom, cater to diverse needs such as a home office, gym, additional living space, or next-gen living.
Superior Utility & Storage: An oversized 801 sq. ft. two-car garage provides substantial parking, workspace, and a laundry area, complemented by covered RV parking for two vehicles, offering significant utility and storage solutions.
Durable Construction: Built with high-quality masonry by a former fire department chief, the home was crafted to last, suggesting robust and long-lasting structural integrity.
Prime Location & Established Neighborhood: Situated near historic Fresno High School, the property offers easy access to shopping, dining, major freeways, and is part of a welcoming neighborhood known for its long-time residents.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 2244, other record living area = 2336.
Age of Original Structure: Despite extensive updates, the home's original construction year of 1952 means some underlying components or infrastructure might be older, potentially leading to unforeseen maintenance needs.
Lack of Dedicated Outdoor Entertainment Space: While offering a side yard and private courtyard, the description does not highlight a large, dedicated patio or deck area for significant outdoor entertaining.
Absence of Scenic Views: The property explicitly states 'view: None,' which could be a drawback for buyers prioritizing scenic or panoramic vistas.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state