🔓 Unlock Crazy Profit Potential 💰 Single Family Home in Napa, California on 5 Acres! 🍇
We’ve made it easy to make a decision on this incredible property in Napa Valley’s prestigious Hagen Road neighborhood. 🏡✨ With a recently completed 3rd-party home inspection report ✅, high-quality photos 📸, and a professionally produced property video 🎥, you’ll have everything you need to evaluate this opportunity with confidence. 💼🔑
Located on the same road just one mile from a comparable estate that sold for $3,850,000 in May 2024 💰, this property offers similar features and tremendous potential for customization and return on investment. 🌟📈
Don’t miss your chance to own a piece of Napa Valley’s finest! 🍇✨
Property Highlights:
- 3 Beds, 3 Baths
- 2,395 Sq. Ft. of living space
- 5 Acres (215,760 Sq. Ft.) surrounded by trees, and a creek.
- Year Built: 1986
- All-new windows and doors
- Brand-new roof
- There was water damage and interior sheetrock replaced and fully repaired.
- New cedar plank siding started. The material is already purchased which you can use.
- Inside needs total renovation
Comparison to Nearby $3,850,000 Property
Address: 3319 Hagen Road, Napa, CA (Sold on 05/23/2024)
Key Comparisons:
Bedrooms and Bathrooms:
- 3319 Hagen Road: 4 Beds, 3 Baths
- The property for sale: 3 Beds, 3 Baths
Living Area:
- 3319 Hagen Road: 2,468 Sq. Ft.
- The property for sale: 2,395 Sq. Ft. (Only 73 Sq. Ft. smaller)
Lot Size:
- 3319 Hagen Road: 5.59 Acres (243,500 Sq. Ft.)
- The property for sale: 5 Acres (215,760 Sq. Ft.)
Construction Year:
- 3319 Hagen Road: Built in 1977
- The property for sale: Built in 1986 (newer construction)
Sale Price Per Sq. Ft.:
- 3319 Hagen Road: $1,559.97/Sq. Ft.
Key Takeaway:
With similar size, newer construction, and comparable acreage, the property for sale presents significant value for a potential buyer looking for a premier Napa property. Its proximity (just 1 mile away) to this high-value sale further highlights its potential for appreciation.
Comparison to Nearby $2,960,000 Property
Address: 3728 Hagen Road, Napa, CA (Sold on 08/29/2024)
Key Comparisons:
Bedrooms and Bathrooms:
- 3728 Hagen Road: 3 Beds, 3 Baths
- The property for sale: 3 Beds, 3 Baths
Living Area:
- 3728 Hagen Road: 2,676 Sq. Ft.
- The property for sale: 2,395 Sq. Ft. (281 Sq. Ft. smaller)
Lot Size:
- 3728 Hagen Road: 1.22 Acres (53,143 Sq. Ft.)
- The property for sale: 5 Acres (215,760 Sq. Ft.) – significantly larger, offering more versatility for customization and outdoor amenities.
Construction Year:
- 3728 Hagen Road: Built in 1965
- The property for sale: Built in 1986 – newer construction.
Sale Price Per Sq. Ft.:
- 3728 Hagen Road: $1,106.13/Sq. Ft.
Sale Price:
- 3728 Hagen Road: $2,960,000
Key Takeaway:
With a newer build, significantly larger lot size, and comparable bedroom/bathroom count, the property for sale offers enhanced value and potential compared to this nearby sale. Its $1,106.13/Sq. Ft. sale price provides a strong benchmark for future valuation after renovations.
Insights for the property:
Potential Value:
- With its larger lot size and updated features, the property has the potential to surpass the $2,960,000 mark, especially after renovations.
- Applying the price per square foot from 3728 Hagen Road ($1,106.13) to the property for sale yields a potential valuation of $2,649,568 for the home alone, with additional value derived from the extra acreage.
Market Advantage:
- The expansive 5-acre lot of the property for sale positions it as a unique offering compared to smaller lot properties like 3728 Hagen Road.
- Its more recent construction date and partially completed updates add appeal for buyers seeking a balance of modern amenities and customization opportunities.
Why Choose This Property?
We’ve taken the guesswork out of your investment decision:
- 3rd-party home inspection report ensures transparency and peace of mind.
- Professional photos showcase the property’s features and potential.
- A high-quality video tour brings the property to life, offering a detailed view of its layout, updates, and surroundings.
- The two comps what are on the same prove the potential.
- Plenty of room for customization and added value.
Location Features:
- Situated in the heart of Napa Valley, surrounded by luxurious estates and renowned wineries.
- Just minutes from downtown Napa’s gourmet dining, cultural events, and boutique shopping.
- Perfect for outdoor enthusiasts, with access to wine tours, hiking, and premier golf courses.
- Nestled in a serene, upscale rural setting with vineyard views and a tranquil ambiance.
🚨 Don’t Miss This Opportunity! 🏡✨
📋 With a detailed inspection report, 🌅 stunning visuals, and 💰 significant profit potential, this property is ready for its next owner to unlock its value. 🔑
📞 Contact Cordell Davenport today for questions. 510-677-0620 cordell@SmallApartmentInvestors.com
Click the link here to view the pictures, floor plan, 3d Matter port and the drone video.
Click here for the Inspection Report