Colfax Homes under $500,000

Welcome to Colfax, California—a hidden gem nestled in the heart of Placer County! This charming city, with its rich history and stunning natural surroundings, offers a unique blend of small-town charm and outdoor adventure. Located along the scenic Sierra Nevada foothills, Colfax is a haven for those who appreciate a tranquil lifestyle while still being close to urban amenities.

Colfax boasts a vibrant community spirit, with friendly neighbors and local events that celebrate its heritage. The historic downtown area is dotted with quaint shops, delightful eateries, and a warm atmosphere that invites you to explore. With access to nearby hiking trails, lakes, and beautiful parks, outdoor enthusiasts will find plenty to love about this picturesque locale.

For homebuyers seeking affordability without sacrificing quality of life, Colfax presents an exciting opportunity. The real estate market here features a variety of homes priced under $500,000, making it an ideal choice for first-time buyers, families, or anyone looking to invest in a peaceful retreat. From charming bungalows to cozy cottages, there are options to suit diverse tastes and lifestyles.

Imagine waking up to the breathtaking views of the Sierra foothills or enjoying a weekend filled with outdoor activities, all while living in a community that feels like home. With its affordable housing options and inviting atmosphere, Colfax is not just a place to live—it's a place to thrive. Come discover the beauty and charm of Colfax, where your dream home awaits!

Newest Colfax Homes under $500,000

$399,000

2 Beds ⋅ 2 Baths ⋅ 1,186 SqFt. ⋅ 226132701 MLS

Welcome to 21860 Placer Hills Road, a beautifully refreshed and move-in ready retreat nestled on over an acre of lush, peaceful land complete with its own soothing year-round stream. Boasting high curb appeal with fresh interior and exterior paint alongside a newer roof, this home features a thoughtful recent remodel that brings modern comfort and effortless style to serene foothill living. Outdoor enthusiasts will fall in love with the unmatched location right off I-80, offering quick access to world class Lake Tahoe skiing as well as iconic local hiking like Stevens Trail along the American River canyon, boating at Rollins Lake, and the nearby Sugar Pine Mountain Trail. Offering the ideal balance of private sanctuary, four season adventure, and turn key convenience, this Colfax gem is ready for its next owner.

21860 Placer Hills Rd, Colfax

Listing courtesy of Intero Real Estate Services.

$399,990

3,413 SqFt. ⋅ 226132318 MLS

Investment Opportunity in Colfax! Fully occupied triplex offering immediate rental income from all three units. Situated on a spacious approximately 0.65-acre lot, this income-producing property features 3,413 sq. ft. of living space with a strong existing rental base. With all units currently leased, investors can step into an established property with cash flow from day one. Convenient freeway access, ample parking, a large lot, and a desirable foothill location add to the property's long-term investment potential. Great opportunity to add a fully occupied multifamily property with solid rental income to your portfolio.

21021 Placer Hills Road, Colfax

Listing courtesy of eXp Realty of Northern California, Inc..

$424,900

3 Beds ⋅ 2 Baths ⋅ 1,573 SqFt. ⋅ 226126104 MLS

This is a manufactured home on a permanent foundation situated on a gorgeous +/-10 acre parcel! Featuring more than 1,500sf and 3 bedrooms and 2 bathrooms, this property boasts a gorgeous remodeled kitchen and open floor plan. Outside is truly a park-like setting with the beautiful land all around you during the day and the stars to admire at night. In addition, there is a leased solar energy system (about $350/mo) that all but wipes out the PG&E bill. Come take a look today!

555 Trail Ridge Lane, Colfax

Listing courtesy of Maloof Properties.

$449,000

3 Beds ⋅ 2 Baths ⋅ 1,288 SqFt. ⋅ 226125309 MLS

First time on the market in 35 years! From the moment you arrive, you can see the love, care and pride of ownership that have gone into this truly special 1920s Colfax home. Thoughtfully updated while preserving so much of its original character, this home beautifully blends vintage charm with modern comfort. Step inside and immediately notice the original coved ceilings, beautiful woodwork and tall ceilings that showcase the craftsmanship of another era. Brand-new laminate flooring flows into the formal dining room featuring charming custom built-ins. Continue into the show stopping kitchen, where pressed-metal ceilings create a one-of-a-kind backdrop for butcher-block countertops, refreshed cabinetry, custom cabinet pulls, stainless-steel farmhouse sink and a center island. The home offers three generously sized bedrooms, 1.5 bathrooms, new carpet, updated windows and doors, and numerous improvements throughout. Major systems including the roof, HVAC, water heater, plumbing and electrical have been updated and professionally maintained. As beautiful as the interior is, the outdoor space may steal the show. Relax on the covered front porch and enjoy the charm of small-town Colfax, including local parades passing right by the home, or escape to one of several quiet, covered sitting areas tucked throughout the property. Mature landscaping, established plants and tranquil water features create your own private garden paradise. The oversized lot offers exciting possibilities, including potential for an ADU or lot split with separate addresses, providing an opportunity for additional living space, rental income or future resale potential.(Buyer to verify) The detached two-car garage includes an additional bonus room that's ideal for a home office, gym or hobby space. There's also a separate storage shed plus additional parking with room to accommodate an RV or boat. Homes with this combination of history, character, updates, outdoor living and pride of ownership rarely come available. Located close to town with convenient freeway access, this is your opportunity to experience the charm and slower pace of life that makes Colfax so special. This isn't just a house, it's a home that has been loved for generations and is ready for its next chapter.

22 S Auburn Street, Colfax

Listing courtesy of One Choice Real Estate.

$246,000

4 Beds ⋅ 2 Baths ⋅ 1,743 SqFt. ⋅ 226118326 MLS

Investor and renovation opportunity in Colfax! This multi-level home offers a distinctive floor plan, wood flooring, a fireplace, wood-burning stove, and a wooded setting. The property is in need of extensive repairs and rehabilitation, with visible damage to portions of the ceilings, walls, and exterior

233 W Oak Street Unit #1, Colfax

Listing courtesy of A 2 Z Homes, Inc..

$225,500

2 Beds ⋅ 2 Baths ⋅ 1,152 SqFt. ⋅ 226112975 MLS

Welcome to 18566 Dunvegan Dr, nestled in the desirable Heather Glen community of Applegate. Surrounded by the natural beauty and peaceful setting of the Sierra foothills, this property offers an excellent opportunity for buyers looking to create a home that reflects their own vision and style. The property provides a private, tranquil setting while remaining conveniently located near local amenities, schools, recreation, and easy access to I-80 for commuting toward Auburn, Sacramento, or the surrounding foothill communities. Enjoy the area's mature trees, mountain atmosphere, and relaxed country lifestyle. This property presents an exciting opportunity for an owner-occupant, investor, or buyer looking for a value-add project. Bring your contractor, creativity, and ideas to unlock the property's full potential. Located within the Heather Glen community with an HOA that contributes to the neighborhood's shared amenities and maintenance. Property is being sold in its current AS-IS condition. Buyer and buyer's agent are encouraged to independently verify all property information, square footage, permits, utilities, HOA information, school assignments, and other material facts to their satisfaction.

18566 Dunvegan Drive, Colfax

Listing courtesy of Crown Royal Real Estate Inc.

$369,999

3 Beds ⋅ 2 Baths ⋅ 1,188 SqFt. ⋅ 226111103 MLS

Built in 2021, this light, bright, and move-in-ready bungalow offers three bedrooms, two full bathrooms, mini-split heating and cooling, parking for two vehicles plus street parking, and no HOA. The home is tucked into a quiet cul-de-sac just a short walk from the heart of downtown Colfax. With a fantastic open-concept layout, tall ceilings, and abundant natural light, the home feels much larger in person. The kitchen features granite countertops, a large island, generous cabinet space, and plenty of room to cook, gather, and entertain. Wood-look vinyl flooring adds warmth and style while providing easy everyday maintenance. The primary suite includes a large walk-in closet and private bathroom with a granite vanity and walk-in shower. Two additional bedrooms offer flexibility for guests, hobbies, or a home office, while the second full bathroom features a matching granite vanity and bathtub-shower combination. The washer and dryer are included and conveniently tucked into a dedicated closet, and an additional hallway closet provides extra storage. With its thoughtful layout, modern finishes, low-maintenance living, and convenient access to downtown Colfax and I-80, this home combines comfort, style, and small-town charm.

112 Shadow Wood Place, Colfax

Listing courtesy of Real Broker Technologies.

$425,000

3 Beds ⋅ 3 Baths ⋅ 2,123 SqFt. ⋅ 226092491 MLS

Tucked among soaring pines and just a short drive from Rollins Lake, this Colfax home has the kind of setting that simply feels good. The home is a fixer, but it is livable now and offers a wonderful opportunity for someone ready to bring fresh ideas and make it their own. Inside, soaring ceilings and a unique loft area create an open, interesting feel. The floor plan includes 3 bedrooms, an office, and 2 bathrooms, with open living and dining areas flowing into an updated kitchen. The kitchen features granite countertops, Thermador and Bosch appliances, and what appear to be custom cherry cabinetry. Hard-surface flooring runs throughout the home. A wood stove provides heat, while the many windows allow natural airflow and cooling summer breezes. The decking surrounding the home is in good condition and provides a great place to enjoy the peaceful foothill setting. The garage is tucked beneath the house and offers substantial spacepossibly accommodating up to four vehicles in tandem, depending on how you choose to use it. This property does need work and is not being presented as turnkey. But there is a lot here to work with: a livable home, a beautiful setting, generous space, and plenty of potential. Come take a look and see if this is the project you've been waiting for.

630 Gladycon Road, Colfax

Listing courtesy of Wesely & Associates.

$389,000

2 Beds ⋅ 2 Baths ⋅ 1,328 SqFt. ⋅ 226082647 MLS

Tucked into the peaceful beauty of the Alpine Meadows community, this charming cabin in the woods offers the perfect blend of privacy, affordability, and year-round mountain living. Situated on just over half an acre, the fenced property is surrounded by beautiful dogwoods, cedars, and towering pines, creating a serene woodland retreat. Built in the 1960s, this 1,328-square-foot cabin is filled with vintage charm and features two bedrooms and two bathrooms. The second bedroom includes a spacious loft for extra storage, a creative workspace, or additional sleeping accommodations. Take in breathtaking sunsets from the front deck while enjoying the tranquility of your mountain surroundings. The property also offers a generous amount of usable land, a newer roof, fresh exterior paint, community water, and snow removal is included in HOA. Whether you're looking for a cozy winter get-away, a cool summer retreat, or a place to call home year-round, this welcoming Alpine Meadows community offers the best of mountain living. Many residents live here full-time, and the current owners have enjoyed the area in every season. Conveniently located with easy freeway access, you're just 10 minutes from Colfax for groceries, restaurants, and everyday conveniences, approximately 40 minutes from Sugar Bowl Ski Resort, and about 50 minutes from Truckee. This inviting home is full of character, comfort, and endless possibilities! The Mountains are calling- Come Tour today!

28020 Manzanita Trail, Colfax

Listing courtesy of GUIDE Real Estate.

$335,000

2 Beds ⋅ 3 Baths ⋅ 1,608 SqFt. ⋅ 226069415 MLS

Best Value in the complex!! Offering 1,608 sq ft: approx. 500 sq. ft. larger than many units in the development, this home features two primary ensuite bedrooms. That's 2 full bathrooms and 2 bedrooms upstairs, making it an ideal option for multi-generational living, roommates, or guests. Investors seeking strong long-term rental opportunity: this is the one for you! With low-maintenance living, a great commuting proximity to I-80, and low HOA fees, it is hard to pass up. Other thoughtful features include: updated HVAC, private balconies, a half bath downstairs, gas fireplace, newer interior paint, flooring, and kitchen appliances, and an attached 2-car garage. Enjoy Rollins lake, downtown historic Colfax, or a base to the Sierra foothills!

1336 Oak Ridge Drive, Colfax

Listing courtesy of Scott Palmer Real Estate.

$315,000

2 Beds ⋅ 2 Baths ⋅ 1,032 SqFt. ⋅ 226069041 MLS

Welcome to 1360 Oak Ridge Drive! This beautifully updated 2-bedroom, 2-bath townhome is move-in ready and offers comfort, style, and peace of mind. Recent updates include fresh interior paint and new carpeting throughout. The kitchen features newer appliances, including a 2-year-old induction range and refrigerator. Major system upgrades have already been completed, with the HVAC system replaced 4 years ago and roof gutter guards installed just 1 year ago. Conveniently located with easy access to Highway 80, this home is just minutes from shopping, dining, hiking trails, and outdoor recreation. Enjoy nearby Rollins Lake, where you can spend your days paddleboarding, boating, fishing, or simply relaxing by the water. Don't miss this opportunity to own a well-maintained home in a desirable location! Below Market Financing Avaiable!

1360 Oak Ridge Drive, Colfax

Listing courtesy of Centurion Realty.

$379,900

1 Beds ⋅ 1 Baths ⋅ 867 SqFt. ⋅ 226037511 MLS

Beautifully furnished home nestled on 5 private acres in the peaceful Colfax countryside. This serene retreat offers privacy, space, and modern convenience with owned solar and a backup generator for added efficiency and peace of mind. Enjoy the natural surroundings, fresh air, and quiet lifestyle while still being just a short drive to town. Located only a couple miles from Sugar Pine Reservoir, perfect for boating, fishing, hiking, and outdoor recreation. Whether you're looking for a full time residence, vacation getaway, or investment opportunity, this property offers the ideal blend of comfort and nature.

28245 BIG DIPPER Road, Colfax

Listing courtesy of Portfolio Real Estate.

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All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. Broker has represented to MetroList that Broker has a valid listing signed by seller authorizing placement in the MLS. Above information is provided by Seller and/or other sources and has not been verified by Broker. Copyright 2026 MetroList Services, Inc. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of MetroList® MLS. All information has been provided by seller/other sources and has not been verified by broker. All interested persons should independently verify the accuracy of all information. Last updated .

Colfax Homes under $500,000

Newest Colfax Homes under $500,000

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