5137 Kenneth Avenue, Fair Oaks, CA 95628, Fair Oaks, 95628 - 3 bed, 2 bath

5137 Kenneth Avenue, Fair Oaks, CA 95628 home-pic-0
ACTIVE$1,050,000
5137 Kenneth Avenue, Fair Oaks, CA 95628
3Beds
2Baths
1,616Sqft
105,851Lot
Year Built
1950
Close
-
List price
$1.05M
Original List price
-
Price/Sqft
$650
HOA
$0
Days on market
-
Sold On
-
MLS number
225083837
Home ConditionGood
Features
Good View:
Deck
View-

About this home

We found 3 Cons,6 Pros. Rank: price - $1.05M(96th), sqft - 1616(38th), beds - 3(50th), baths - 2(50th).

Incredible opportunity to own approx. 2.5 acres of peaceful seclusion atop a gentle hill in one of Fair Oaks' most sought-after areas. This 3-bedroom, 2-bath home offers excellent potential for a homeowner seeking privacy, a builder ready to develop, or an investor looking for their next project. As you enter, you'll notice the open floorplan that creates a seamless flow throughout the living spaces. The updated kitchen features granite countertops, stainless steel appliances, and connects to the main living area, enhanced by a bay window and two skylights that fill the space with natural light. Both bathrooms have been tastefully updated, and the home includes a partial unfinished basement for storage or expansion. Step onto the back deck and enjoy a sweeping view of the expansive property perfect for relaxing or entertaining. Outdoors offers a detached two-car garage with a rear shop ideal for projects or workspace plus a separate storage shed. A tentative parcel map has been submitted for four parcels, subject to final approval. Whether you envision your dream estate or a multi-parcel development, this rare Fair Oaks property offers the flexibility and setting to make it happen.

Price History

Date
Event
Price
06/26/25
Price Change
$1,050,000
02/22/22
Sold
$860,000
Condition Rating
Good

Built in 1950, this property has undergone significant and tasteful updates in key areas. The kitchen features modern white shaker cabinets, granite countertops, and stainless steel appliances, while both bathrooms have been updated with contemporary finishes and fixtures. Hardwood flooring in the main living areas and ample natural light contribute to a move-in ready condition. However, despite these excellent cosmetic and functional updates, the underlying structure and some major systems (e.g., plumbing, electrical, HVAC) are from 1950, as noted in the property analysis, preventing it from being classified as 'Excellent' due to potential future maintenance considerations for these older components.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 105851, living area = 1616.
Significant Development Potential: A tentative parcel map has been submitted for four parcels, subject to final approval, offering immense value for builders, investors, or a homeowner looking to create an estate or subdivide.
Expansive & Private Lot: Approximately 2.5 acres atop a gentle hill provides peaceful seclusion, ample space, and a sweeping view from the back deck, enhancing privacy and lifestyle.
Updated Key Interior Areas: The kitchen features granite countertops and stainless steel appliances, and both bathrooms have been tastefully updated, reducing immediate renovation needs for a homeowner.
Versatile Outbuildings: A detached two-car garage with a rear shop and a separate storage shed offers excellent utility for projects, storage, or hobbies, adding significant functional value.
Flexible Opportunity: The property caters to various buyer types, including a homeowner seeking privacy, a builder for development, or an investor for a project, highlighting its broad market appeal.

Cons

Development Approval Uncertainty: The tentative parcel map for four parcels is 'subject to final approval,' introducing a level of risk and potential delays for development-focused buyers.
Older Home Structure: Built in 1950, while updated, the underlying structure and systems (e.g., plumbing, electrical, HVAC) may be older and could require future maintenance or upgrades not explicitly mentioned.
Modest Home Size Relative to Lot: The 1616 sqft home is relatively modest for a 2.5-acre lot, which might not meet the expectations of buyers looking for a larger primary residence commensurate with the expansive land.

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