Home for Sale at 36039 Cranmore Lane, Auberry, CA 93602

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36039 Cranmore Lane
Auberry, CA 93602

Nicole Velasquez with My True Realty Inc., original listing - (559) 258-1004

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Property Details

List Price:	$1,249,000
Beds:	3
Baths:	Full: 3
Status:	Active
SqFt:	2370 Square Feet
Agency:	My True Realty Inc.
Agency Phone:	(559) 258-1004

Map Details Show Map | Show StreetView

Description/Comments

Lot Size:	25 acre(s)
Property Type:	Residential-Single Family Residence
Year Built:	2004
Notes:	Shiloh Estate is more than just a property; it's a lifestyle. A perfect blend of seclusion and convenience. Looking for a business opportunity to run a professional equestrian operation or hobby farm or simply enjoy the pleasures of country living with your horses on 25 acres, this estate offers unparalleled opportunities. Over 2 acres of fenced in pastures, a seasonal creek, and a small pond that would significantly lower your feed costs. This property is a horse enthusiast's dream come true with a 8 stall mare motel, 2 additional stalls, horse washing paddock, self feeding, tack storage room, round pin, and riding arena! Has chicken coop set up, and mature fruit trees with over 2,000 ft of drip line. Massive 1,200 sq ft shop with 220 amp and roll up door, and an additional 1,000 sq ft Ag building with 4 parking stalls. Enjoy the jaw dropping wrap-around porch with the impressive fireplace as its centerpiece! Walk into this awe inspiring custom built home with breathtaking views of the Sierra foothills. Gorgeous pine throughout the entire home. The living room features a marvelous natural stone fireplace and custom built-in bar with its own sink and mini fridge. The home has 3 full baths, 2 bedrooms downstairs and a massive loft upstairs that can be enclosed as the 3rd bedroom with its own full bath. The kitchen features a walk-in pantry, locally made custom cabinets, stainless steel appliances, including new double oven and gas cooktop. Schedule your private tour today!
MlsNumber:	--
ListingId:	624827

Listing Provided By:	My True Realty Inc., original listing
Phone:	260-1608
Office Phone:	(559) 258-1004
Agent Name:	Nicole Velasquez
Disclaimer:	Copyright © 2025 Fresno Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest.

The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered.

VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale.

This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments.

Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.

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