116 Raeanne Lane, Folsom, CA 95630, Folsom, 95630 - 4 bed, 3 bath
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Folsom, CA 95630
This Expansive Single-Level Sanctuary is listed at $1,170,000, representing a stable valuation relative to its $1,067,991 Fair Market Value when accounting for its rare utility. Boasting a Condition Rating of 4, the home is move-in ready with a 10-year Presidential roof and newer HVAC. The 3,322 sqft open-concept layout features a primary suite with a jetted tub, a rare 4-car garage, and a covered patio on a 14,810 sqft lot. Located in a premier Folsom neighborhood near top-rated schools, it offers an exceptional lifestyle for Owner-Occupants or growing families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 116 Raeanne Lane Subject | $1,170,000* List Price | 4 | 3 | 3,322 | $321 | - |
A 300 Water View Way Sold | $985,000 | 4 | 3 | 2,890 | $341 | 0.8 mi |
B 171 Water View Way Sold | $1,280,000 | 4 | 3 | 3,379 | $379 | 0.9 mi |
C 140 Boulder Canyon Way Sold | $890,000 | 4 | 3 | 2,502 | $356 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1990, this property is well-maintained and functional but remains largely in its original condition. The kitchen and bathrooms feature dated oak cabinetry, white tile countertops with wide grout lines, and older fixtures that are characteristic of the construction era. While the home is move-in ready and has received some essential updates like a 10-year-old roof and newer HVAC components, the interior aesthetics, including the flooring and wallpaper, show signs of being outdated and would require cosmetic modernization to meet current market trends.
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.
Offering a rare 3,322 square feet of living space on a single level, this home provides exceptional accessibility and a spacious open-concept flow that is highly desirable for both families and downsizers.
The property features a rare 4-car garage and possible RV access on a large 14,810 square foot lot, providing ample space for car enthusiasts, boats, or recreational vehicles.
Built in 1990, the 'classic traditional' style and original features like the jetted tub may require cosmetic modernization to meet the expectations of buyers seeking a contemporary luxury finish.
While some systems have been updated, other components of the 35-year-old home may be approaching the end of their functional lifespan, potentially leading to future repair needs.
Discover this beautifully crafted, classic traditional-style home offering an impressive 3,322 square feet of single-level living and a rare 4-car garage. Designed with both comfort and entertaining in mind, the spacious open-concept floor plan provides generous living areas and timeless design throughout. The heart of the home is the large kitchen with an oversized island, perfect for gatherings, along with a dedicated laundry room featuring a sink for added convenience. The expansive primary suite offers a relaxing retreat with dual sinks and a jetted tub. Recent upgrades include an approximately 10-year Presidential roof, multiple air conditioning units (one newer), and ceiling fans throughout for year-round comfort. The home also offers extensive attic storage. Step outside to enjoy a covered patio and spacious backyard, complete with a separate garden area and possible RV access, providing plenty of room for outdoor living and recreation. Vacant and move-in ready, this home is available for a quick escrow, making it an exceptional opportunity for buyers seeking privacy, space, and quality in a desirable location.
No exterior & parking available.
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 | 3,322 | 2,136 | 89% |
| Lot Size | 14,810 | 7,261 | 93% |
| Price | $1.17M | $775.0K | 88% |
| Price per sq ft | $352 | $375 | 37% |
| Built year | 1990 | 1999 | 33% |
| HOA | $0 | $69 | 48% |
| Days on market | 56 | 174 | 4% |
Feb 25, 2026
$1,170,000
Initial Listing
Oct 28, 1994
$300,000
Public Record
Jul 28, 1994
$55,000
Public Record