Rare Fair Oaks compound, two homes, one extraordinary lot. First time on the market since approx 1946. This special offering features a cozy, light-filled 3BR/2BA main home with an updated kitchen and bath, full of warmth and character. Complete with a two car garage and an air conditioned she-shed, workshop, or hobbist. A charming 2BR/1BA second home offers ideal in-law accommodations or income-producing rental potential perfect for multigenerational living or savvy investment. Meandering paths wind through the grounds, connecting multiple patios and natural areas that create a rural, park-like retreat, yet you're just minutes from vibrant shopping and dining. Outdoor enthusiasts will love being only 2 miles from Sailor Bar, a popular launch point for fishing boats and kayaks on the American River Parkway. The generous lot offers exciting future potential: split the parcel for redevelopment, build one large estate home, or add 2-3 additional residences (buyer to verify with county). A rare opportunity to own a private sanctuary with flexibility for today and tomorrow. Don't miss this one-of-a-kind Fair Oaks property!