
Folsom, CA 95630
This Spacious Single-Level Residence is a Prime Investment Opportunity, listed at $918,000—positioned well below the $938,597 Fair Market Value by 2%. This valuation gap provides $20,597 in Instant Equity. While maintaining a Condition Rating of 4, the home features a sparkling pool, RV access, and breathtaking sunset views. Located in the elite American River Canyon South with access to 10/10 Top-Rated Schools including Granite Bay High, it offers significant upside through cosmetic modernization. This is an ideal acquisition for Owner-Occupants or Value-Add Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 104 Oak Rim Way Subject | $918,000* List Price | 4 | 3 | 2,661 | $353 | - |
A 115 Canyon Rim Drive Sold | $910,000 | 4 | 3 | 2,484 | $366 | 0.4 mi |
B 300 Water View Way Sold | $985,000 | 4 | 3 | 2,890 | $341 | 0.8 mi |
C 115 American River Canyon Drive Sold | $1,033,500 | 5 | 3 | 2,763 | $374 | 0.4 mi |
D 117 Doubletree Court Sold | $950,000 | 4 | 3 | 2,424 | $392 | 0.9 mi |
E 148 Carmody Circle Sold | $1,075,000 | 5 | 3 | 3,146 | $342 | 0.6 mi |
F 203 Crow Canyon Drive Sold | $912,000 | 4 | 3 | 2,340 | $390 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1986, this home is well-maintained and move-in ready but remains largely dated. While there are cosmetic updates like newer laminate flooring and neutral paint, the kitchen features original oak cabinetry and 1980s-style tile countertops. Given the 38-year age and lack of a full modern renovation in the kitchen and baths, it requires updates to meet current 'Good' or 'Excellent' standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11879, living area = 2661.
Elementary School: Oakhills Elementary School (10/10). Middle School: Willma Cavitt Junior High School (10/10). High School: Granite Bay High School (10/10).
The rare single-story floor plan is perfectly paired with a generous 0.27-acre lot featuring a sparkling pool, RV access, and a covered deck, offering an ideal setup for both accessibility and high-end entertaining.
Built in 1986, the residence may require modernization of interior finishes and major mechanical systems to align with the contemporary luxury standards expected at this price point.
The $450 association fee adds a consistent monthly carrying cost that may be a consideration for buyers comparing this to nearby neighborhoods with lower or no HOA obligations.
Tucked within one of the area's most desirable enclaves, this exceptional residence offers a seamless blend of natural beauty, strong community, and distinguished custom homes. Designed with both elegance and livability in mind, the thoughtfully crafted single-level floor plan features four spacious bedrooms,3 baths and a layout that flows effortlessly from one space to the next. Expansive formal and informal living areas are perfectly positioned to capture breathtaking sunset views while maintaining a sense of privacy and tranquility. Set on a generous 0.27-acre lot, the outdoor experience is equally impressive featuring a covered deck ideal for year-round entertaining, overlooking a sparkling pool, lush sweeping lawns, and convenient RV access. This home offers an oversized 3 car garage with additional storage and 220 outlet. Located in the highly sought-after American River Canyon community, this home offers unparalleled access to the scenic trails of the American River Parkway, perfect for biking and walking enthusiasts. Just minutes away, Historic Sutter Street invites you to enjoy charming boutiques, vibrant farmers markets, and festive seasonal events. Nearby Folsom lake and Lake Natoma provide endless opportunities for boating, kayaking, paddle boarding, and outdoor recreation. All of this, complemented by close proximity to top-rated schools, creates a truly exceptional lifestyle opportunity.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-6 • 0.8 mi
Grades K-6 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 51% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,661 | 2,136 | 70% |
| Lot Size | 11,879 | 7,261 | 86% |
| Price | $918.0K | $775.0K | 73% |
| Price per sq ft | $345 | $375 | 33% |
| Built year | 1986 | 1999 | 19% |
| HOA | $450 | $82 | 97% |
| Days on market | 6 | 174 | 0% |
Apr 16, 2026
$918,000
Initial Listing
Mar 11, 1998
$316,000
Public Record