10 Lookout Court, Sacramento, CA 95831, Sacramento, 95831 - 3 bed, 3 bath
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Sacramento, CA 95831
This waterfront property presents a Strong Value Opportunity with a List Price of $824,000—positioned well below the $875,836 Fair Market Value by 5%. This valuation gap offers $51,836 in Instant Equity. Featuring a private dock, waterfront views, and a 24-foot vaulted great room, the home offers significant lifestyle appeal despite a Condition Rating of 5, which indicates a need for interior modernization. This is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking to build equity through strategic renovations.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10 Lookout Court Subject | $824,000* List Price | 3 | 3 | 2,802 | $313 | - |
A 10 Fleet Court Sold | $640,000 | 3 | 2 | 1,892 | $338 | 0.7 mi |
B 69 Springbrook Circle Active | $700,000 List Price | 3 | 3 | 2,302 | $304 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
While the property features a new roof and Trex decking, the interior is over 40 years old (built 1980) and appears largely original. The bathrooms, dated shag carpeting, and fixtures exceed the 30-year threshold for a major rehab to meet modern standards.
The property features a private dock on Lake Greenhaven with stunning water views and new Trex decking, providing an exceptional setting for waterfront entertaining and relaxation.
A soaring great room with 24-foot vaulted ceilings and a dramatic fireplace creates an immediate sense of luxury and spaciousness that is rare for the area.
Recent investments in a new Presidential TL roof and LeafFilter gutters offer the new owner peace of mind with low-maintenance living and long-term structural durability.
The local elementary and middle schools carry low ratings of 3 and 2 out of 10, which may be a significant concern for families and could impact future resale value.
The property is subject to a $1,340 association fee, representing a high recurring cost that increases the total monthly carrying cost for the homeowner.
Nestled on the shores of Lake Greenhaven, this home offers its own private dock and water views that set the tone from the moment you arrive. Step inside to a soaring great room where 24-foot vaulted ceilings and a dramatic fireplace create an instant sense of comfort. The main level offers a formal dining room, two comfortable bedrooms, and 1.5 bathrooms, while the private primary suite is tucked upstairs, complete with its own fireplace for cozy evenings. A two-car garage adds everyday convenience. Out back, new Trex decking provides the perfect stage for lakefront entertaining, whether you're hosting guests or simply soaking in the serene waterfront setting. Recent upgrades including a new Presidential TL roof and LeafFilter gutters offering low maintenance living and long term durability.
No exterior & parking available.
Grades K-6 • 1.0 mi
Grades 7-8 • 1.7 mi
Grades 9-12 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 52% |
| Square foot | 2,802 | 1,851.5 | 86% |
| Lot Size | 8,899 | 7,943.5 | 73% |
| Price | $824.0K | $655.0K | 80% |
| Price per sq ft | $294 | $354 | 16% |
| Built year | 1980 | 1981 | 50% |
| HOA | $1340 | $0 | 98% |
| Days on market | 15 | 184 | 2% |
Jun 4, 2026
$824,000
Initial Listing