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Colfax, CA Condo for Sale

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    $399,000

    • Studio
    • 4 Baths
    • 1,792 Sq Ft

    1301 Oak Ridge Dr, Colfax, CA 95713

    Are you eager to generate residual income? This duplex presents a fantastic investment opportunity in Colfax. It boasts excellent access to Highway 80 and the Bear River, just minutes from downtown Colfax. Each unit features two bedrooms and two full bathrooms. Whether you're a seasoned investor aiming to grow your portfolio or a first-time investor looking for a house hack while owner-occupying

    Tisha Torres Riverview Realty One

    1301 Oak Ridge Dr, Colfax, CA 95713

Why Live in Colfax

Colfax, CA, is a mountain town situated between Sacramento and Lake Tahoe, known for its Main Street center featuring saloons and restaurants. The homes in Colfax are spread out on large, wooded lots in pine-covered hills, with many offering mountain views. Architectural styles in the area include mid-century, Victorian, Mediterranean, contemporary, and Craftsman-style homes. Properties range from $170,000 to $1.3 million, with higher prices for panoramic views. Manufactured homes are also available, costing between $40,000 and $580,000. Colfax is prone to wildfire risks due to its dry conditions and native plant life, which can also lead to poor air quality and ozone pollution. Colfax High School is highly rated, providing quality education for grades nine through twelve. Outdoor attractions include Stevens Trail, known for its wildflowers, waterfalls, and wooded canyons, and Bear River, popular for gold panning and trout fishing. Lake of the Pines, located 13 miles south, offers swimming areas, boat docks, and a golf course, though some amenities are private. Downtown Colfax features a variety of dining options, including the Basement for craft beer and the Red Frog cocktail bar. The town's primary grocery store is Mar-Val’s Sierra Market. Transportation options include the Colfax Amtrak Zephyr train and Placer County Transit bus, with Interstate 80 providing access to Reno, Sacramento, and Sacramento International Airport, which is about 55 miles away.

Home Trends in Colfax, CA

Housing Trends

Median Sale Price
$562,000
Median Single Family Sale Price
$579,600
Median Townhouse Sale Price
$740,000
Median 2 Bedroom Sale Price
$269,000
Average Price Per Sq Ft
$306
Number of Homes for Sale
24
Last 12 months Home Sales
94
Months of Supply
3.10
Median List Price
$599,250
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
7%
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