
Folsom, CA 95630
This Spacious Single Family Residence is a Strong Value Opportunity, listed at $1,080,000—positioned well below the $1,128,800 Fair Market Value by 4%. This valuation gap offers $48,800 in Instant Equity. With a Condition Rating of 3, the home features a resort-style backyard with a pool, spa, and golf practice area, alongside a versatile guest wing. Located near top-rated schools like Folsom High, this property is an ideal acquisition for Owner-Occupants or multi-generational families seeking a premium lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 116 Simmons Way Subject | $1,080,000* List Price | 5 | 4 | 3,507 | $322 | - |
A 128 Canyon Rim Drive Sold | $1,050,000 | 4 | 4 | 3,525 | $298 | 0.3 mi |
B 100 Hinkle Court Sold | $1,165,000 | 4 | 3 | 3,822 | $305 | 1.0 mi |
C 125 Patton Court Sold | $810,000 | 4 | 2 | 2,316 | $350 | 0.6 mi |
D 104 Oak Rock Circle Sold | $828,600 | 4 | 3 | 2,533 | $327 | 0.9 mi |
E 204 Oak Canyon Way Sold | $1,085,000 | 4 | 3 | 2,791 | $389 | 0.7 mi |
F 144 W Gold Creek Circle Sold | $965,000 | 3 | 2 | 2,500 | $386 | 0.7 mi |
G 109 River Ridge Way Active | $1,150,000 List Price | 5 | 3 | 3,360 | $342 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1988 but features significant recent renovations (likely within the last 5-10 years). The primary bathroom has been updated with a freestanding tub and glass shower, secondary baths are fully remodeled, and the home features updated laminate flooring and newer carpet. The kitchen is functional with granite counters and stainless appliances, making the home well-maintained and move-in ready.
High School: Folsom High School (9/10).
The property features an exceptional outdoor oasis including a pool and spa with a waterfall, a covered barbecue bar, and a private golf practice area, making it a premier space for entertaining.
A separate guest wing above the garage with its own living room, bedroom, and full bath provides rare versatility for multi-generational families, long-term guests, or a secluded home office.
Despite significant interior updates, the 1988 construction retains traditional formal room divisions and vaulted ceilings that may feel less cohesive than modern open-concept designs.
The expansive 12,833 sq. ft. lot, mature landscaping, and complex water features will require significant ongoing time and financial investment to maintain in peak condition.
Spacious, versatile, and made for entertaining, this 3,507 sq. ft. Gainsborough Heights home offers 5 bedrooms, 4 full baths, and an outstanding backyard built for entertaining and recreation. The private outdoor setting features a pool and spa with cascading waterfall, multiple patio and lounge areas, a covered barbecue and bar area with seating, beverage refrigerator and TV, plus a private golf practice area amid mature landscaping and trees. It is a setting made for morning coffee, summer afternoons, memorable gatherings, and even watching hawks soar overhead. Inside, abundant natural light fills the main living spaces. The kitchen features granite slab counters, white cabinetry, stainless steel appliances, a gas cooktop, patterned tile backsplash, and a peninsula dining bar with seating for four. A spacious breakfast nook overlooks the backyard and connects easily with the family room and outdoor living areas, creating an easy flow for everyday living and entertaining. Separate formal living and dining rooms add flexibility, while vaulted ceilings, a two-sided fireplace serving the living and family rooms, and a family-room wet bar bring added character. An elevated covered front porch offers another inviting place to relax. This home's thoughtful layout provides plenty of room to gather and room to spread out. A main-level bedroom and full bath offer convenience, while just off the main level, a separate guest wing above the garage includes its own living room, bedroom, walk-in closet, and full bath, ideal for family, multi-generational living, guests, a home office, hobbies, or a media space. Upstairs, the spacious primary suite includes a private sitting retreat with fireplace, vaulted ceilings, a balcony with open treetop views, and a walk-in closet. Updates to the primary bath include tile flooring, a large glass-enclosed shower with bench, and a freestanding soaking tub; dual sinks complete the space. Additional highlights include fully remodeled secondary bathrooms, updated laminate flooring, newer carpet, generous built-in hallway storage, a laundry room with sink and cabinetry, a newer front door, newer garage doors, dual-pane windows, and no HOA. Enjoy a peaceful, tree-lined setting close to Historic Folsom and Sutter Street for unique shopping and dining, Lake Natoma for paddleboarding, Folsom Lake for boating, and Beals Point for beach-style fun and recreation. It's a wonderful place to enjoy space, comfort, and the Folsom lifestyle!
No exterior & parking available.
Grades K-6 • 0.6 mi
Grades 6-8 • 1.3 mi
Grades 9-12 • 3.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.5 |
| Baths | 4.0 | 2.7 |
| Square foot | 3,507 | 2,083.849 |
| Lot Size | 12,833 | 6,955.675 |
| Price | $1.08M | $776.4K |
| Price per sq ft | $308 | $390 |
| Built year | 1988 | 2000 |
| HOA | $0 | $171 |
| Days on market | 4 | 46 |
Sep 5, 2026
$1,080,000
Initial Listing
Oct 27, 2017
$649,500
Public Record
Dec 23, 2008
$495,000
Public Record
Oct 27, 2004
$660,000
Public Record