
Carmichael, CA 95608
This Single-Family Residence represents a Prime Investment Opportunity, listed at a List Price of $860,000—positioned well below the $880,845 Fair Market Value by 2%. This valuation gap provides $20,845 in Instant Equity. Featuring a Condition Rating of 3, the home includes a new 2021 roof, a private pool, and direct access to Del Dayo Elementary. This property is an ideal acquisition for Owner-Occupants seeking lifestyle value or first-time buyers prioritizing school access and outdoor amenities.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1354 Gary Way Subject 4 bd · 2 ba · 1,864 sqft · $454 | $829,000* List Price | 4 | 2 | 1,864 | $454 | - |
A 1272 Gary Way Sold 4 bd · 3 ba · 2,144 sqft · $391 · 0.1 mi | $838,000 | 4 | 3 | 2,144 | $391 | 0.1 mi |
B 1338 Meredith Way Sold 4 bd · 2 ba · 1,631 sqft · $506 · 0.1 mi | $825,000 | 4 | 2 | 1,631 | $506 | 0.1 mi |
C 1076 Sand Bar Cir Sold 3 bd · 3 ba · 1,692 sqft · $458 · 0.5 mi | $775,000 | 3 | 3 | 1,692 | $458 | 0.5 mi |
D 4924 Olive Oak Way Sold 4 bd · 2 ba · 1,830 sqft · $327 · 0.6 mi | $598,000 | 4 | 2 | 1,830 | $327 | 0.6 mi |
E 1826 Carmelo Drive Sold 3 bd · 2 ba · 1,770 sqft · $364 · 0.6 mi | $645,000 | 3 | 2 | 1,770 | $364 | 0.6 mi |
F 1600 Copenhagen Way Sold 3 bd · 2 ba · 1,887 sqft · $387 · 0.7 mi | $730,000 | 3 | 2 | 1,887 | $387 | 0.7 mi |
G 1073 Harrington Way Sold 3 bd · 2 ba · 1,761 sqft · $483 · 0.5 mi | $850,000 | 3 | 2 | 1,761 | $483 | 0.5 mi |
H 4831 Finlandia Way Sold 3 bd · 3 ba · 2,455 sqft · $377 · 0.5 mi | $925,000 | 3 | 3 | 2,455 | $377 | 0.5 mi |
I 1431 Mcclaren Drive Pending 4 bd · 2 ba · 1,932 sqft · $491 · 0.2 mi | $949,000 List Price | 4 | 2 | 1,932 | $491 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is well-maintained and move-in ready with significant updates including a new roof (2021). The kitchen features stainless steel appliances and updated backsplashes suggesting a renovation within the last 10-15 years, and the interior shows consistent care with hardwood flooring and updated recessed lighting.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11326, living area = 1864.
The property offers exceptional access to the American River Parkway and features private neighborhood gates directly into the highly-rated Del Dayo Elementary School.
A large 11,326 sqft lot features a sparkling pool, mature palms, and a covered brick patio, providing a perfect setting for outdoor entertaining and relaxation.
Built in 1966, the home retains many classic features that, while well-maintained, may require additional capital investment for cosmetic updates to meet contemporary luxury standards.
While the elementary and high schools are highly regarded, the assigned middle school has a lower rating compared to the other local institutions, which may be a consideration for growing families.
Set in one of Carmichael's most loved neighborhoods, 1354 Gary Way offers an incredible combination of space, character, and access to some of the area's best outdoor amenities. This single-story home features four bedrooms, two bathrooms, and 1,864 square feet, with hardwood floors, abundant natural light, and a comfortable floor plan designed for everyday living and entertaining. The spacious kitchen offers generous cabinetry and counter space and opens to a casual dining and living area anchored by a classic brick fireplace. An oversized laundry and mudroom provides exceptional additional storage and functionality, while a brand-new roof installed in May 2021 adds an important update to the home. Outside, the backyard feels like its own private retreat. A sparkling pool, mature landscaping, towering palms, and a covered brick patio create multiple spaces for dining, relaxing, and enjoying Sacramento's warmer months. The location makes this home especially unique. Two neighborhood gates provide convenient access into Del Dayo Elementary, while the American River, William B. Pond Recreation Area, and miles of walking and biking trails along the American River Parkway are all close by. It's the kind of setting that makes it easy to get outside and enjoy one of the best parts of living in this pocket of Carmichael. Thoughtfully cared for, wonderfully functional, and connected to both the neighborhood and the Parkway, 1354 Gary Way offers a lifestyle that's hard to replicate.
No exterior & parking available.
Grades K-6 • 0.2 mi
Grades K-6 • 4.9 mi
Grades 6-8 • 2.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.3 |
| Baths | 2.0 | 2.3 |
| Square foot | 1,864 | 1,856.281 |
| Lot Size | 11,326 | 9,971.489 |
| Price | $829.0K | $608.9K |
| Price per sq ft | $445 | $347 |
| Built year | 1966 | 1964 |
| HOA | $0 | $192 |
| Days on market | 24 | 48 |
Oct 16, 2026
$829,000
$860,000
-4% Price Drop
Initial Listing
Sep 30, 2026
$860,000
Initial Listing
Dec 23, 2008
$455,000
Public Record