116 Pheasant Lane, Folsom, CA 95630, Folsom, 95630 - 2 bed, 2 bath
116 Pheasant Lane
Folsom, CA 95630
Property Price
SUMMARY
Analysis of 116 Pheasant Lane, Folsom, CA 95630 reveals a Fairly Priced Property with a current list price of $550,000 aligned with the estimated $550,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Folsom 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 |
|---|---|---|---|---|---|---|
★ 116 Pheasant Lane Subject | $550,000* List Price | 2 | 2 | 1,804 | $305 | - |
A 124 Winding Canyon Ln Sold | $530,000 | 3 | 2 | 1,930 | $275 | 0.1 mi |
B 104 Slate Creek Lane Sold | $537,000 | 3 | 2 | 2,153 | $249 | 0.1 mi |
C 254 Winding Canyon Lane Sold | $560,000 | 3 | 2 | 1,975 | $284 | 0.1 mi |
D 104 Winding Canyon Lane Active | $590,000 List Price | 3 | 2 | 2,153 | $274 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
This 1989-built home is in good, move-in ready condition, largely due to a recently updated kitchen featuring white cabinetry, quartz countertops, stainless steel JennAir appliances, and a modern tile backsplash. The main living areas boast gorgeous wood flooring and vaulted ceilings, contributing to a contemporary feel. However, the bathrooms, while clean and functional with jetted tubs and solar tubes, retain an older aesthetic with wood-tone vanities, white tile countertops, and gold-framed shower enclosures, preventing an 'Excellent' rating. Overall, the property is well-maintained with significant modern updates in key areas, but not a full, top-to-bottom renovation.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Oakhills Elementary School (10/10). Middle School: Willma Cavitt Junior High School (10/10). High School: Granite Bay High School (10/10).
- Updated & High-End Kitchen
The kitchen is a chef's delight, featuring white cabinetry, quartz countertops, stainless steel JennAir appliances, custom tile backsplash, and roll-out shelves, offering modern functionality and aesthetic appeal.
- Luxurious Primary Suite
The primary suite provides a private retreat with mirrored closet doors, direct backyard access, and an en-suite bath equipped with dual sinks, a jetted tub, and a separate shower.
CONSRISKS & DEFICIENCIES
- High Association Fee
The monthly association fee of $465 is substantial and could be a significant ongoing cost for potential buyers, impacting affordability.
- Limited Bedroom Count
With only two bedrooms, the property may not accommodate larger families or buyers requiring additional dedicated spaces such as multiple home offices or guest rooms.
- Price Reduction History
The listing has undergone multiple price reductions, which may suggest initial overpricing or market resistance, potentially indicating a longer time on market or room for further negotiation.
About 116 Pheasant Lane
Immaculate and Inviting! This beautifully maintained 2-bedroom, 2-bathroom home offers the perfect blend of comfort, style, and convenience across 1,804 sq ft. A private gated courtyard welcomes you into the home, providing a charming and secure entry. Inside, the open great room seamlessly combines the living, dining, and kitchen areas, creating an ideal space for everyday living and entertaining. Gorgeous wood flooring, vaulted ceilings, and abundant natural light enhance the home's spacious feel. The inviting living area features a cozy gas-start fireplace that serves as a beautiful focal point. The kitchen is a chef's delight with white cabinetry, quartz countertops, stainless steel appliances including a JennAir cooktop, custom tile backsplash, and roll-out shelves for easy organization. The primary suite offers mirrored closet doors, direct backyard access, and an en-suite bath with dual sinks, a jetted tub, and a separate shower. The guest bedroom is perfect for visitors, a home office, or hobby space. Both bathrooms feature solar tubes for added natural light. Enjoy a low-maintenance backyard ideal for relaxing or entertaining, along with beautifully maintained community grounds featuring two sparkling pools and inviting outdoor spaces.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1989
- Lot Size
- 3,311 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $465 / Month
Neighborhood Insights
Folsom Unified Schools
Ottomon Way Elementary School
Grades K-5 • 1.1 mi
Twin Lakes Elementary School
Grades K-6 • 1.3 mi
Carl H. Sundahl Elementary School
Grades K-6 • 1.5 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 10% |
| Baths | 2.0 | 3.0 | 37% |
| Square foot | 1,804 | 2,082 | 33% |
| Lot Size | 3,311 | 7,192 | 6% |
| Price | $550.0K | $760.0K | 10% |
| Price per sq ft | $305 | $375 | 13% |
| Built year | 1989 | 1999 | 25% |
| HOA | $465 | $53 | 98% |
| Days on market | 128 | 171 | 26% |
Pricing History
Listed for Sale
Feb 6, 2026
$550,000
$550,900
+0% Price Increase
Initial Listing
Price Change
Dec 12, 2025
$550,900
$579,900
-5% Price Drop
Initial Listing
Price Change
Oct 30, 2025
$579,900
Initial Listing
Sold
Dec 30, 2011
$194,000
Public Record