1213 Gary Way, Carmichael, CA 95608, Carmichael, 95608 - 3 bed, 2 bath
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Carmichael, CA 95608
This Spacious Single-Family Residence represents a High-Potential Investment Opportunity, listed at $850,000—positioned above the $759,206 Fair Market Value. While the list price exceeds current estimates, the property offers significant upside through its Condition Rating of 4, providing a blank canvas for modernization. Located in the prestigious Del Dayo neighborhood near Top-Rated Schools like Rio Americano High, the home features a 3-car garage, sparkling pool, and large 8,276 sqft lot. This is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking to build long-term equity through strategic renovations.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1213 Gary Way Subject | $825,000* List Price | 3 | 2 | 1,860 | $400 | - |
A 1310 Los Rios Drive Sold | $883,000 | 4 | 3 | 2,171 | $407 | 0.1 mi |
B 1744 Danielson Court Sold | $805,000 | 3 | 3 | 2,232 | $361 | 0.7 mi |
C 1045 Harrington Way Pending | $885,000 List Price | 3 | 2 | 1,832 | $483 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1971 with partial renovations that appear to be 15-25 years old, including oak cabinetry and laminate flooring. While the home is well-maintained and move-in ready, the kitchen, bathrooms, and roof-mounted HVAC system are dated, aligning with the listing's description of the property as a 'canvas' for future updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8276, living area = 1860.
Situated in the highly coveted Del Dayo neighborhood, this home is just steps from top-rated Del Dayo Elementary and minutes from the American River Parkway and Ancil Hoffman Park.
The backyard is a standout feature, offering a sparkling pool and a built-in BBQ area designed for high-end entertaining and low-maintenance California living.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1860, other record living area = 1780.
The property is described as a 'canvas' for updates, indicating that the interior likely requires significant cosmetic modernization to meet current market standards.
Given the 1971 construction and the invitation for buyers to add their own style, there may be a need for investment in aging systems or structural components.
**This house comes with a REDUCED RATE as low as 5.625% (APR 6.258%) as of 07/13/2026 through List & Lock. This is a seller paid rate-buydown that reduces the buyer's interest rate and monthly payment. Terms apply, see disclosures for more information/contact agent** Welcome to a home filled with warmth, opportunity, and the kind of outdoor space buyers dream about. Located in the sought after Del Dayo neighborhood, known for its mature tree-lined streets, established neighborhoods, and timeless appeal, this home offers the perfect blend of comfort, character, and possibility. Inside, you'll find a spacious layout with dual living rooms, formal dining area/flex space with great natural light and solid bones, creating the perfect canvas for someone ready to add their own style and updates over time. Beautiful window shutters help keep this place cool and comfortable. Indoor laundry area and drop zone just off the 3-car garage is not easy to find! Low maintenance landscaping both front and back for those looking to spend time elsewhere. Step outside and the California lifestyle truly begins. The backyard is designed for making memories, featuring a sparkling pool and dedicated built in outdoor BBQ area perfect for summer gatherings, weekend entertaining, or simply unwinding at the end of the day. Ideally located just minutes from great schools, the American River Parkway, Ancil Hoffman Park, golf courses, scenic walking and biking trails, and Carmichael's favorite local dining and shopping spots, this home offers both convenience and connection to nature. With easy access to Fair Oaks, you're close to everything while still enjoying the charm of this established community. This is your opportunity to put down roots in Carmichael and make it your own.
No exterior & parking available.
Grades K-6 • 0.2 mi
Grades K-6 • 5.1 mi
Grades 6-8 • 2.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,860 | - |
| Lot Size | 8,276 | - |
| Price | $825.0K | $576.3K |
| Price per sq ft | $444 | $376 |
| Built year | 1971 | 0 |
| HOA | $0 | $0 |
| Days on market | 27 | 35 |
Jul 13, 2026
$825,000
$850,000
-3% Price Drop
Initial Listing
Jun 25, 2026
$850,000
Initial Listing
Sep 20, 2005
$495,000
Public Record