12704 Castaic Lake Way, Rancho Cordova, CA 95742, Rancho Cordova, 95742 - 4 bed, 3 bath

12704 Castaic Lake Way, Rancho Cordova, CA 95742 home-pic-0
ACTIVE$699,990$2,054/sqft
Est. Value: $625,546
-10%
AboveEstimate
12704 Castaic Lake Way, Rancho Cordova, CA 95742
4Beds
3Baths
2,054Sqft
5,014Lot

Price Vs. Estimate

The estimated value ($625,546.465) is $74,443.535 (10%) lower than the list price ($699,990). This property may be overpriced.

Key pros and cons

Top Pros:
New Construction & Model Home Quality: Built in 2023, this is a brand-new model home, implying superior finishes, modern design, and minimal immediate maintenance needs.
Top Cons:
Garage Conversion Uncertainty: The description notes 'Sales office to garage conversion tbd,' indicating the garage may not be fully functional as a traditional garage upon purchase or requires future work.

Compared to the nearby listings

Price:$700.0K vs avg $589.0K (+$110,990)91%
Size:2,054 sqft vs avg 2,176 sqft39%
Price/sqft:$341 vs avg $25996%

More Insights

Built in 2023 (3 years old).
Condition: This property is a brand new model home, built in 2023, which immediately qualifies it for an 'excellent' rating. The kitchen features high-end Stainless Steel GE Cafe and Profile series appliances, a gas cooktop, white shaker cabinets, quartz countertops, and a stylish tile backsplash, all in pristine condition. Bathrooms also showcase modern fixtures, vanities, and contemporary tile work. The entire home boasts luxury flooring, upgraded carpeting, and modern light fixtures, indicating top-tier quality and no deferred maintenance. The inclusion of owned solar and a back-up battery further enhances its modern appeal and efficiency.
Year Built
2023
Close
-
List price
$700K
Original List price
-
Price/Sqft
$341
HOA
$0
Days on market
-
Sold On
-
MLS number
225153099
Home ConditionExcellent
Features
Patio
View-

About this home

Beautiful single-story Model Home in Rancho Cordova. Open concept 4 bedrooms 3 full bathrooms. California Living that goes out to flat backyard. Kitchen offers Stainless Steel GE Cafe and Profile series appliances. Gas Cooktop! White shaker style cabinets throughout. Large kitchen island and walk in pantry. Quartz kitchen countertops, tile kitchen backsplash, luxury flooring as well as plush upgraded carpeting. All Furniture, model home decor, owned solar and back-up battery included in listed price! Sales office to garage conversion tbd. Roughly 45 day close of escrow.

K
Kristine Ballard
Listing Agent
Condition Rating
Excellent

This property is a brand new model home, built in 2023, which immediately qualifies it for an 'excellent' rating. The kitchen features high-end Stainless Steel GE Cafe and Profile series appliances, a gas cooktop, white shaker cabinets, quartz countertops, and a stylish tile backsplash, all in pristine condition. Bathrooms also showcase modern fixtures, vanities, and contemporary tile work. The entire home boasts luxury flooring, upgraded carpeting, and modern light fixtures, indicating top-tier quality and no deferred maintenance. The inclusion of owned solar and a back-up battery further enhances its modern appeal and efficiency.
Pros & Cons

Pros

New Construction & Model Home Quality: Built in 2023, this is a brand-new model home, implying superior finishes, modern design, and minimal immediate maintenance needs.
Extensive Inclusions: The sale includes all furniture, model home decor, owned solar, and a back-up battery, offering significant value and a move-in ready experience.
Premium Kitchen Features: Equipped with high-end GE Cafe and Profile series stainless steel appliances, a gas cooktop, quartz countertops, a large island, and a walk-in pantry, appealing to discerning buyers.
Energy Efficiency & Sustainability: The inclusion of owned solar panels and a back-up battery provides substantial energy savings and increased resilience, a major draw for environmentally conscious buyers.
Desirable Layout & Design: A single-story, open-concept floor plan with 4 bedrooms and 3 full bathrooms, designed for 'California Living' with direct access to a flat backyard, caters to modern lifestyle preferences.

Cons

Garage Conversion Uncertainty: The description notes 'Sales office to garage conversion tbd,' indicating the garage may not be fully functional as a traditional garage upon purchase or requires future work.
Modest Lot Size: The 5014 sqft lot size offers limited outdoor space, which may not appeal to buyers desiring a larger yard for recreation or extensive landscaping.
45-Day Close Requirement: The 'Roughly 45 day close of escrow' might be a longer timeline than some buyers prefer, potentially limiting the pool of interested parties.
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