116 Raeanne Lane, Folsom, CA 95630, Folsom, 95630 - 4 bed, 3 bath

116 Raeanne Lane, Folsom, CA 95630 home-pic-0
ACTIVE$1,120,000
116 Raeanne Lane, Folsom, CA 95630
4Beds
3Baths
3,322Sqft
14,810Lot
Year Built
1990
Close
-
List price
$1.12M
Original List price
-
Price/Sqft
$337
HOA
$0
Days on market
-
Sold On
-
MLS number
225130200
Home ConditionFair
Features
Good View:
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 3% below the list price. We found 3 Cons,6 Pros. Rank: price - $1.12M(90th), sqft - 3322(92th), beds - 4(50th), baths - 3(50th).

Discover this beautifully crafted, classic, traditional-style home, tucked away at the end of a quiet cul-de-sac. Impressive 3,322 sq ft of single-level living and a rare 4-car garage, this property delivers generous space, timeless design, and quality construction. The open-concept floor plan is designed for both everyday comfort & effortless entertaining, featuring a spacious kitchen with a large island, fresh carpet cleaning, & a dedicated laundry room with a sink. Vacant, move-in ready, and available for a quick escrow! Recent upgrades include a newer roof, multiple AC units, & ceiling fans throughout for year-round comfort. Step outside to a covered backyard patio overlooking a serene greenbelt perfect for relaxing evenings or lively summer gatherings. Private RV access, Expansive primary suite w/ dual sinks & a jetted tub, Tons of attic storage. No Mello-Roos or HOA fees; fantastic opportunity for buyers seeking privacy, space, and quality in a desirable area.

Price History

Date
Event
Price
10/07/25
Price Change
$1,120,000
10/28/94
Sold
$300,000
07/28/94
Sold
$55,000
Condition Rating
Fair

Built in 1990, this property has well-maintained major systems, including a newer roof and AC units, making it move-in ready. However, the interior, especially the kitchen and bathrooms, retains a dated 1990s aesthetic with oak cabinetry, white tile countertops, and older appliances. While clean and functional, these areas would require substantial aesthetic updates to align with modern tastes, placing it in the 'fair' category.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 14810, living area = 3322.
Exceptional Space & Layout: Impressive 3,322 sq ft of single-level living with an open-concept floor plan, a spacious kitchen featuring a large island, and an expansive primary suite, offering generous space for comfort and entertaining.
Premium Garage & Storage: Features a rare 4-car garage, private RV access, and tons of attic storage, providing ample space for vehicles, recreational equipment, and household items.
Recent Upgrades & Comfort: Includes a newer roof, multiple AC units, and ceiling fans throughout, ensuring year-round comfort and reducing immediate maintenance concerns for the buyer.
Desirable Location & Privacy: Tucked away at the end of a quiet cul-de-sac with a covered backyard patio overlooking a serene greenbelt, offering enhanced privacy and a peaceful living environment.
Financial Advantage & Readiness: No Mello-Roos or HOA fees provide significant cost savings, and the property is vacant, move-in ready, and available for a quick escrow, facilitating a smooth transaction.

Cons

Age and Potential for Dated Elements: Built in 1990, while having recent upgrades, some interior finishes or systems (beyond roof and AC) may reflect its age and traditional style, potentially requiring further aesthetic updates for modern tastes.
Lack of Specific Luxury Finishes: The description emphasizes space and comfort but does not detail high-end or luxury finishes (e.g., specific appliance brands, custom cabinetry, premium flooring throughout), which might be expected by some buyers for a property of this size and price point.
Limited Landscaping Detail: While offering a serene greenbelt view and covered patio, the description lacks specific details about the overall landscaping or additional outdoor amenities on the generous 14,810 sq ft lot, potentially indicating a more basic or un-enhanced yard.

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