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1049 Madrid Avenue N, Tulare, CA, 93274

4beds
3baths
2,050sqft
$529,530
$258price/sqft
$3,575/moest. monthly cost
$143,000/yrincome needed

About This Home

AVAILABLE NOW! Welcome to the Villas at Sierra Ranch. Tulare's newest Luxury Gated Community. The builder is Summit Homebuilders and the project features 6 floor plans with 3 different elevations each. The floor plans range from 1269 to 2357 square feet, and the base prices offered will vary depending on the floor plan and elevation. The builder reserves the right to include builder preselected upgrades and the price of those upgrades shall be added to the base price. Some lots shall include a lot premium. The standard amenities include contemporary exteriors, designer ready interiors, gourmet kitchens with granite counters, luxurious bathrooms, and so much more. Ask our agents about buyer incentive programs, and the one-year broker Co-Op agreement. This listing is the Harper plan with the Mid-Century Modern elevation and the estimated completion time for this home is the third week in January 2026.

Getting Around

62
WalkingSomewhat Walkable
0
TransitVery Limited Transit
56
BikeBikeable

Schools

5/10
4/10
Live Oak Middle SchoolGrades 7-81.0 mi

Construction

Condition

  • Property condition: New Construction
  • New construction: Yes
  • Year built: 2026

Materials

  • Foundation: Concrete Perimeter,Slab
  • Roof: Composition
  • Construction materials: Batts Insulation,Blown-In Insulation,Concrete,Frame,Glass,Plaster,Stone,Stucco

Other

  • Builder name: Summit Homebuilders

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence,Residential

Interior

Appliances

  • Appliances included: Built-In Range,Disposal,Gas Range,Tankless Water Heater
  • Laundry features: Electric Dryer Hookup,Gas Dryer Hookup,Inside,Laundry Room

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Built-in Features,Ceiling Fan(s),Granite Counters,Kitchen Island,Pantry,Recessed Lighting
  • Flooring: Carpet,Vinyl
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: Heat Pump,Natural Gas
  • Cooling features: Heat Pump

Interior Area

  • Total structure area: 2,050
  • Total interior livable area: 2,050 sqft

Property

Details

  • Parcel number: 123456789000

Features

  • Stories: 1
  • Fencing: Fenced

Lot

  • Lot size: 4,250 sqft
  • Features: Front Yard,Irregular Lot,Level,Sprinklers In Front
  • Lot size dimensions: 50' x 85'

Parking

  • Total spaces: 2
  • Parking features: Attached,Concrete,Garage Faces Front
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Earthquake
    EarthquakeModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Heat Wave
Inland Flooding
Earthquake
Lightning

FEMA Declared Disasters in Tulare County and California

Earthquake
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,677$32,124
Home Insurance *$155$1,860
Property Taxes $304$3,648
Electricity $439$5,275
Total$3,575$42,900
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$122,571/yr
40% on housing$107,250/yr
45% on housing$95,333/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.6%
6.6%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.6%
1.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$258This listing

vs Other Active Listings

Avg $/sqft

ZIP 93274$269
Tulare County$348

vs Homes Sold Last Month

Median $/sqft

ZIP 93274$233
Tulare County$238

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-02-16Price change$529,530
2026-02-07Price change$531,530
2025-11-13Listed for sale$530,539

New Construction Spec

AgentPatrick Kelley
BrokerageCentury 21 Jordan-Link & Company

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