5536 Turnbull Circle, Fair Oaks, CA 95628, Fair Oaks, 95628 - 5 bed, 4 bath
ACTIVE$1,199,000
5536 Turnbull Circle, Fair Oaks, CA 95628
5Beds
4Baths
3,523Sqft
32,670Lot
Year Built
1926
Close
-
List price
$1.2M
Original List price
-
Price/Sqft
$340
HOA
$0
Days on market
-
Sold On
-
MLS number
225026423
Home ConditionExcellent
Features
View-
About this home
Possibly Over-Priced:The estimated price is 5% below the list price. We found 4 Cons,6 Pros. Rank: price - $1.20M(97th), sqft - 3523(97th), beds - 5(96th), baths - 4(96th).
Welcome to Tunrbull Circle built and developed by Mr. Turnbull in the early 1900's. Sits on a .75 of an acre. Remodeled home with 5 bedrooms and 4 bathrooms. Large kitchen open area and a cozy family room with wood burning fireplace. 8 foot tall Basement set up for entertainment. Home is staged and fully equipped for an Air B&B, which sleeps 18 comfortably. Community will have 11 new homes Built. All on spacious lots. NO HOA, But will Be gated for convenience and privacy
Price History
Date
Event
Price
09/07/17
Sold
$712,500
08/03/17
Sold
$712,500
-
Price Change
$1,199,000
Condition Rating
Excellent
Despite being built in 1926, the property has undergone an extensive and high-quality recent remodel, as explicitly stated in the description and evident in the images. The kitchen features modern white shaker cabinets, white quartz countertops, subway tile backsplash, and new stainless steel appliances, all meeting current quality standards. Bathrooms are similarly updated with contemporary vanities, fixtures, and stylish tiling. New hardwood-style flooring and modern lighting are present throughout the main living areas. The overall aesthetic is fresh, clean, and move-in ready, indicating a comprehensive renovation within the last 5 years, bringing the property's condition to an excellent standard.
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 = 32670, living area = 3523.
Income Potential & Versatility: The property is fully equipped and staged for an Air B&B, comfortably sleeping 18, offering significant income potential or ideal for large families and entertaining.
Generous Lot Size: Sits on a substantial .75-acre lot, providing ample outdoor space, privacy, and potential for further development or landscaping.
Extensive Remodel & Modern Features: Recently remodeled with 5 bedrooms, 4 bathrooms, a large open kitchen, and an 8-foot tall entertainment basement, blending historic charm with modern functionality.
Future Gated Community: The community will be gated, enhancing convenience, privacy, and security for residents without the burden of an HOA fee.
Neighborhood Development & Appreciation: Part of a developing community with 11 new homes on spacious lots, suggesting future appreciation and an improving neighborhood aesthetic.
Cons
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =32670, other record lot size in square feet = 239580.
Age of Property: Built in 1926, despite remodeling, older homes can present unique maintenance challenges or hidden issues not immediately apparent.
Ongoing Construction Impact: The development of 11 new homes in the community implies potential for noise, dust, and disruption during the construction phases.
Ambiguous Community Management: While gated, the 'NO HOA' status for a community with multiple homes could lead to unclear responsibilities for shared amenities like gate maintenance and associated costs.