10216 Kanok Way, Elk Grove, CA 95757, Elk Grove, 95757 - 2 bed, 2 bath
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10216 Kanok Way
Elk Grove, CA 95757
ACTIVE
CONDITION: EXCELLENT
2Beds
2Baths
1,522Sq Ft
4,725Lot Size
Property Price
LIST PRICE$559,000
EST. MARKET VALUE
$571,116
SUMMARY
This New Construction Single-Family Residence represents a Prime Investment Opportunity, listed at $559,000—positioned well below the $571,117 Fair Market Value by 2%. This valuation gap provides $12,117 in Instant Equity. Featuring a Mint Condition Rating, this home offers a modern, open-concept layout with a Dedicated Study and Covered Patio. Located in the exclusive 55+ Esplanade at Madeira Ranch, it provides a resort-style lifestyle. This property is an ideal acquisition for Active Retirees or Owner-Occupants seeking a turnkey, low-maintenance sanctuary.
Estimated Market Value
$571,116
Based on Realkey algorithm analyzing recent comparable sales in Elk Grove.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10216 Kanok Way Subject 2 bd · 2 ba · 1,522 sqft · $375 | $559,000* List Price | 2 | 2 | 1,522 | $375 | - |
A 10380 Evangaline Way Sold 2 bd · 2 ba · 1,522 sqft · $365 · 0.1 mi | $556,085 | 2 | 2 | 1,522 | $365 | 0.1 mi |
B 10368 Evangaline Way Sold 2 bd · 2 ba · 1,644 sqft · $352 · 0.1 mi | $579,000 | 2 | 2 | 1,644 | $352 | 0.1 mi |
C 10371 Evangaline Way Sold 2 bd · 2 ba · 1,785 sqft · $328 · 0.0 mi | $586,000 | 2 | 2 | 1,785 | $328 | 0.0 mi |
D 10355 Evangaline Way Sold 2 bd · 2 ba · 1,644 sqft · $352 · 0.1 mi | $579,000 | 2 | 2 | 1,644 | $352 | 0.1 mi |
E 10379 Evangaline Way Sold 2 bd · 2 ba · 1,644 sqft · $352 · 0.1 mi | $579,000 | 2 | 2 | 1,644 | $352 | 0.1 mi |
F 10295 Garmont Way Sold 3 bd · 2 ba · 1,550 sqft · $365 · 0.6 mi | $565,000 | 3 | 2 | 1,550 | $365 | 0.6 mi |
G 10261 Baritone Way Sold 3 bd · 2 ba · 1,603 sqft · $362 · 0.4 mi | $580,000 | 3 | 2 | 1,603 | $362 | 0.4 mi |
H 8334 Orla Way Sold 3 bd · 2 ba · 1,429 sqft · $444 · 0.9 mi | $635,000 | 3 | 2 | 1,429 | $444 | 0.9 mi |
I 10367 Evangaline Way Pending 2 bd · 2 ba · 1,644 sqft · $352 · 0.0 mi | $579,000 List Price | 2 | 2 | 1,644 | $352 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
This is a new construction home with a February completion date. All systems, including HVAC and electrical, are brand new, and the kitchen and bathrooms feature modern finishes like white cabinets in mint, move-in-ready condition.
PROSSTRENGTHS & OPPORTUNITIES
- Resort-Style Amenities
Located in a premier 55+ community, residents have access to a private clubhouse, resort pool, fitness center, pickleball courts, and an on-site restaurant, providing an active and social lifestyle.
- Modern New Construction
As a brand-new build with a February completion, the home features contemporary finishes like white cabinets and pendant lighting, offering the peace of mind and energy efficiency of new construction.
- Functional Single-Level Layout
The thoughtfully designed single-story floor plan includes a dedicated study and an open-concept great room, maximizing accessibility and comfort for long-term living.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Fees
The $365 monthly association fee is a significant recurring expense that may impact the overall affordability for buyers on a fixed budget.
- Limited Lot Size
With a lot size of 4,725 square feet, the property offers minimal private outdoor space, which may not appeal to those seeking a large backyard or extensive gardening area.
About 10216 Kanok Way
What's Special: Covered Patio, Single Level Living, White Cabinets, Dedicated Study. New Construction - February Completion! Built by America's Most Trusted Home Builder. Welcome to the Redwood at 10216 Kanok Way in Esplanade at Madeira Ranch! A thoughtfully designed single-story retreat featuring two bedrooms, two full baths, and a private study perfect for working from home or pursuing your favorite hobbies. The spacious kitchen flows seamlessly into the casual dining area and bright great room, creating an inviting space for gathering with family and friends. Tucked away for added privacy, the serene primary suite offers a generous walk-in closet and relaxing bath. A convenient laundry room, ample storage, and a two-car garage add everyday ease. Enjoy comfortable living with a warm, open-concept design that feels both stylish and welcoming. Additional Highlights Include: Covered outdoor living and pendant lights over kitchen island. Esplanade at Madeira Ranch offers an elevated 55+ resort lifestyle with a private clubhouse, resort-style pool and spa, full-service restaurant and bar, fitness and wellness center, pickleball courts, walking trails, and a vibrant social calendar. Located just 30 minutes from downtown Sacramento, residents enjoy convenient access to shopping, dining, recreation, and scenic Sierra Nevada mountain views. Combining luxury, connection, and active living, every day feels like a vacation. MLS#226129670
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 0
- Lot Size
- 4,725 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $365 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.7 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,522 | 2,014.161 |
| Lot Size | 4,725 | 6,412.454 |
| Price | $559.0K | $631.5K |
| Price per sq ft | $367 | $320 |
| Built year | 0 | 2000 |
| HOA | $365 | $164 |
| Days on market | 5 | 47 |
Pricing History
Listed for Sale
Oct 19, 2026
$559,000
Initial Listing