10220 Elara Way, Elk Grove, CA 95757, Elk Grove, 95757 - 3 bed, 4 bath
10220 Elara Way
Elk Grove, CA 95757
Property Price
SUMMARY
Analysis of 10220 Elara Way, Elk Grove, CA 95757 reveals a property with a current list price of $979,000, which is 6% above the estimated $920,332 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Elk Grove Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10220 Elara Way Subject | $979,000* List Price | 3 | 4 | 2,979 | $309 | - |
A 8384 Kyler Road Sold | $824,999 | 4 | 4 | 2,782 | $297 | 0.4 mi |
B 10293 Ayla Way Sold | $879,999 | 4 | 3 | 3,129 | $281 | 0.2 mi |
C 8397 Kyler Road Sold | $859,999 | 5 | 4 | 3,031 | $284 | 0.4 mi |
D 10279 Marama Way Sold | $839,999 | 4 | 4 | 2,683 | $313 | 0.2 mi |
E 8380 Kyler Road Sold | $789,999 | 4 | 3 | 2,577 | $307 | 0.5 mi |
F 10084 Cape Verde Drive Sold | $744,000 | 3 | 3 | 3,058 | $243 | 0.5 mi |
G 10298 Ayla Way Active | $1,029,999 List Price | 4 | 4 | 2,683 | $384 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This property is explicitly described as 'New Construction - Ready Now!' and built by 'America's Most Trusted Home Builder.' The images confirm a pristine, modern aesthetic throughout, particularly in the kitchen and bathrooms. The kitchen features new stacked cabinets, a large island with pendant lighting, a Kohler Whitehaven Apron sink, and what appear to be new stainless steel appliances and quartz countertops. Bathrooms showcase modern vanities, black fixtures, subway tile, and new showers/tubs. Flooring is a mix of contemporary LVP and tile. All components are new, meeting current quality standards with no signs of wear or deferred maintenance, aligning perfectly with the 'Excellent' condition criteria.
PROSSTRENGTHS & OPPORTUNITIES
- New Construction & Reputable Builder
This is a brand new home, 'Ready Now,' built by 'America's Most Trusted Home Builder,' ensuring modern features, current building codes, and likely a builder's warranty.
- Exclusive 55+ Resort-Lifestyle Community
Located in Esplanade at Madeira Ranch, a vibrant 55+ community offering extensive resort-style amenities including a pool, fitness center, pickleball courts, and curated social programs like wine tastings and culinary events.
- Spacious & Well-Designed Interior
A generous 2,979 sq. ft. floor plan with 3 bedrooms, 3.5 baths, a formal dining room, and a spacious 3-car garage, providing ample living and storage space.
CONSRISKS & DEFICIENCIES
- Age-Restricted Community
The property is situated within a 55+ community, which significantly limits the potential buyer pool to a specific demographic.
- High Monthly Association Fees
A monthly association fee of $365 adds a recurring cost to homeownership, which may be a consideration for some buyers, despite the extensive amenities offered.
- Limited Bedroom Count for Square Footage
At nearly 3,000 sq. ft. with only 3 bedrooms, some buyers may find the bedroom count low relative to the overall size, potentially limiting flexibility for larger families or dedicated multi-purpose rooms.
About 10220 Elara Way
What's Special: Close to Amenities, East Facing Lot, West Facing Patio, Fireplace. New Construction - Ready Now! Built by America's Most Trusted Home Builder. Welcome to the Meadow at 10220 Elara Way in Esplanade at Madeira Ranch! This stunning 2,979 sq. ft. home offers 3 bedrooms, 3.5 baths, a formal dining room, and a spacious 3-car garage. From its charming curb appeal to its thoughtfully designed interiors, every detail feels like home. Step inside through the welcoming covered porch and into a bright foyer that flows into the dining area and the open heart of the home. The chef-inspired kitchen features a large island and overlooks the great room, where sliding glass doors lead to an inviting outdoor living space. The luxurious primary suite includes dual sinks, a walk-in shower, private water closet, and an expansive walk-in closet. Additional Highlights include: fireplace, duplex floor outlet, extended outdoor living, wet bar pre plumb, sink at laundry pre plumb, stacked kitchen cabinets, Kohler Whitehaven Apron single bowl undermount sink, kitchen island pendants and wet bar-base cabinet. Experience inspired living at Esplanade, a vibrant 55+ resort-lifestyle community. Connect through curated programs that enrich your mind, body, and spirit. Enjoy resort-style amenities like the pool, fitness center, and pickleball courts. Elevate your days with wine tastings, culinary events, spa days, live music, and more. At Esplanade, life is full of meaningful connections and endless possibilities. MLS#225149037
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- -
- Lot Size
- 6,858 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 4 (4 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 40% |
| Baths | 4.0 | 3.0 | 83% |
| Square foot | 2,979 | 2,242 | 81% |
| Lot Size | 6,858 | 5,798 | 77% |
| Price | $979.0K | $664.0K | 96% |
| Price per sq ft | $329 | $301 | 70% |
| Built year | - | 2005 | 24% |
| HOA | $365 | $0 | 91% |
| Days on market | 39 | 196 | 2% |
Pricing History
Listed for Sale
Jan 27, 2026
$979,000
Initial Listing