8415 Winding Way, Fair Oaks, CA 95628, Fair Oaks, 95628 - 3 bed, 2 bath
ACTIVE$549,000
8415 Winding Way, Fair Oaks, CA 95628
3Beds
2Baths
1,250Sqft
37,462Lot
Year Built
1961
Close
-
List price
$549K
Original List price
-
Price/Sqft
$439
HOA
$0
Days on market
-
Sold On
-
MLS number
225137150
Home ConditionFair
Features
Good View:
Patio
View-
About this home
We found 3 Cons,6 Pros. Rank: price - $549.0K(47th), sqft - 1250(17th), beds - 3(50th), baths - 2(50th).
Opportunity!! .86 acre property w/ home on Winding Way in Fair Oaks. Land is steep with plenty of parking. Perfect for Contractor/Developer?. Existing Home has 3-Beds, 2-Bath + Den, Long Semi-Circular Driveway, Tons of parking. Lots of Trees. Inside has newer laminate flooring, updated baths and a Large, brick fireplace w/ gas log. See Pictures. See drone photos under Virtual Images......
Price History
Date
Event
Price
10/24/25
Price Change
$549,000
03/07/23
Sold
$440,000
Condition Rating
Fair
Built in 1961, this property shows its age despite some recent updates. While the description notes 'newer laminate flooring' and 'updated baths' (which are visible in the bathroom image with a modern vanity and tile), the kitchen is significantly dated. It features original-style oak cabinets, a very dated small square tile backsplash, and basic black appliances, indicating it has not been renovated within the last 15-30 years and requires substantial aesthetic updates. Major systems (HVAC, electrical, plumbing) are likely original or have had piecemeal updates, consistent with a home of this age. The property is maintained and functional but requires significant investment to modernize the kitchen and potentially other major systems.
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 = 37462, living area = 1250.
Development Potential: The property is explicitly marketed as an 'Opportunity!!' and 'Perfect for Contractor/Developer?', indicating significant potential for future development or expansion on the large lot.
Generous Lot Size: With 0.86 acres (37,462 sqft), the property offers ample outdoor space, privacy, and potential for various uses, despite the steep terrain.
Ample Parking: The property features a 'Long Semi-Circular Driveway' and 'Tons of parking', a practical benefit for multiple vehicles or guests.
Recent Interior Updates: The home includes 'newer laminate flooring' and 'updated baths', providing some modern touches and reducing immediate renovation needs for these areas.
No Association Fees: The absence of an association fee (HOA) means lower monthly carrying costs and fewer restrictive community rules for the homeowner.
Cons
Challenging Topography: The description notes 'Land is steep', which can limit usable yard space, increase landscaping and construction costs, and potentially complicate future development.
Age of Home: Built in 1961, the home is over 60 years old, suggesting that major systems (e.g., HVAC, electrical, plumbing) may be original or require significant updates beyond the cosmetic improvements mentioned.
Significant Price Appreciation: The current list price of $549,000 represents a substantial increase from its last sale price of $440,000 in March 2023, which may require strong justification for potential buyers regarding value and improvements.