
Elk Grove, CA 95624
This Expansive Equestrian Estate is a Prime Investment Opportunity, listed at $1,780,000—positioned well below the $1,850,183 Fair Market Value by 3%. This valuation gap provides $70,183 in Instant Equity for a property in Well-Maintained Condition. The 5.25-acre grounds feature a private pond, resort-style pool, and turnkey horse facilities near Top-Rated Schools like Pleasant Grove High. While the 5,077 sqft interior is move-in ready, cosmetic updates offer significant upside. This is an ideal acquisition for Owner-Occupants or Multi-generational Families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10872 Sheldon Woods Way Subject | $1,500,000* List Price | 6 | 3 | 5,077 | $364 | - |
A 10910 Chambeau Way Active | $1,850,000 List Price | 4 | 6 | 4,610 | $401 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1986 (38 years old), the property is well-maintained with significant capital improvements like a 2019 roof and newer luxury vinyl plank flooring. However, the kitchen remains dated with 1990s-style tile countertops and older cabinetry. While functional and move-in ready, the interior aesthetics and primary systems (aside from the roof) reflect a renovation age of over 15-20 years, requiring modernization 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 = 228690, living area = 5077.
High School: Pleasant Grove High School (9/10).
The 5.25-acre estate is a fully developed horse property featuring a dedicated riding arena, a 3-stall barn with bulk storage, and expansive gated grounds tailored for rural living.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 5.
While the home offers a generous 6 bedrooms, it only features 3 full bathrooms, which may create logistical challenges for large families or guests in a 5,000+ sqft residence.
Despite multiple remodels, certain features like the tile kitchen countertops and the 1986 original construction style may feel dated to buyers seeking a fully modern luxury aesthetic.
Welcome to 10872 Sheldon Woods Way, where 5.25 acres of Elk Grove horse country deliver the kind of space and versatility that is simply impossible to find at this price point. Set within the quiet Sheldon Woods area off Mooney Road, this gated estate property has been thoughtfully developed over the years into a fully functional rural compound. The two-story residence offers 6 bedrooms and 3 full baths across a generous and expansive footprint. Brick-and-frame construction, dual-pane windows, and central heating and cooling provide a solid, comfortable foundation. Three fireplaces in the living room, family room, and primary suite add warmth and character throughout. The grand front entry welcomes you with high-end marble flooring. The primary suite features a walk-in closet and a dedicated bath with a shower. The kitchen includes a pantry closet and tile counters. Luxury vinyl plank and carpet flooring run throughout, and a covered 2-car attached garage and patio round out the home's amenities. The property has been expanded and improved through two full remodels over the years and was crowned in 2019 with a new presidential composition 50-year roof, a significant capital investment that provides decades of worry-free ownership ahead. The grounds are where this property truly sets itself apart. A fully stocked, 22-foot-deep year-round pond anchors the front of the parcel, creating a striking natural focal point that is both functional and beautiful. A dedicated riding arena sits at the front of the property, while the backyard barn provides 3 stalls and bulk food storage for your horses and livestock. The recently resurfaced Gunite pool and spa feature a built-in waterfall, and the backyard is further enhanced by a custom brick fireplace and a dedicated bar area, as well as an outdoor entertainment setup designed for how people actually live. The detached shop has its own septic system and features dedicated tool storage, along with generous indoor vehicle, boat, or RV storage, currently accommodating a 44-foot coach. Auto sprinklers front and rear, and underground utilities, round out a property that is as functional as it is impressive. Imagine morning rides on your own arena, evenings gathered around the brick fireplace as the sun sets over open land, and the kind of breathing room that lets life slow down the way it should. This is a rare chance to secure a fully built-out equestrian estate at a compelling entry point.
No exterior & parking available.
Grades K-6 • 1.5 mi
Grades K-6 • 8.8 mi
Grades 7-8 • 2.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 4.0 | 98% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 5,077 | 2,041 | 99% |
| Lot Size | 228,690 | 6,614.5 | 99% |
| Price | $1.50M | $630.0K | 98% |
| Price per sq ft | $295 | $315 | 37% |
| Built year | 1986 | 1998 | 30% |
| HOA | $0 | $0 | 50% |
| Days on market | 52 | 175 | 1% |
May 8, 2026
$1,500,000
$1,780,000
-16% Price Drop
Initial Listing
Apr 15, 2026
$1,780,000
Initial Listing
Mar 25, 1994
$440,000
Public Record