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Oakhurst, CA

$425,000

38797 Highway 41, Oakhurst, CA
4
Beds
4
Baths
1,624
Sq Ft
1958
Built
166
Days listed

About this home

Investor dream! This multi-use building not only has amazing panoramic views of the Sierra Nevada mountains, Highway 41 frontage but 4 rental units (3 residential and one currently rented as a yoga studio, but could easily be converted to residential), which bring in $5000 in rental income (more if commercial is converted). Two units offer private back decks. Tenants are currently long-term, but this would also make a great STR property. Seller will finance with $300K down.

Facts & features

Interior
Bedrooms
4
Bathrooms
3 full, 1 half
Living area
1,624 sq ft
Interior features
Storage
Appliances
Electric Cooktop, Microwave, Refrigerator
Flooring
Carpet, Laminate
Fireplace
None
Heating
Floor Furnace, Wall Furnace
Cooling
Wall Window Units
Laundry
Laundry Closet
Levels
Two
Spa
None
Exterior & lot
Lot size
2.91 acres (126,760 sq ft)
Pool
None
View
Mountains, Panoramic
Year built
1958
Parking
Paved, One Space
Community
Area
YG 10 - Oakhurst
County
Madera
Community features
Biking, Golf, Hiking, Hunting, Lake, Mountainous, Near National Forest, Rural, Water Sports, Fishing
Listing details
Status
Active
Property type
Mixed Use
Days on market
166
Listed
2025-12-31
Terms
Cash, Conventional
Parcel #
066060002
MLS #
FR25282345
Listed by
Shelley Ballard · Ballard Properties

Location

Price history

Listed
$425,000 · 2025-12-31
Days on market
166
Current price
$425,000
Financing

Could this home be yours?

Estimated monthly payment
$2,666
$2,149 principal & interest · $517 taxes & insurance
$85,000
Estimate only
Loan $340,000

Estimates only and not a loan offer. Property tax and insurance vary by location. Get pre-qualified below for your actual rate and payment.

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Estimated value range nearby
$432,957$508,254

A rough estimate from current nearby price-per-square-foot — not an appraisal. A precise valuation considers condition, upgrades and recent sales.

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Listing data provided by CRMLS

Listing courtesy of Ballard Properties. © 2026. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Last updated July 26, 2026 Equal Housing Opportunity.

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38797 Highway 41, Oakhurst, CA — $425,000 | Your Agent