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1553 Bonanza Lane, Folsom, CA 95630, Folsom, 95630 - 4 bed, 3 bath

1553 Bonanza Lane, Folsom, CA 95630 home-pic-0
ACTIVE$669,000
1553 Bonanza Lane, Folsom, CA 95630
4Beds
3Baths
1,997Sqft
3,180Lot
Year Built
2013
Close
-
List price
$669K
Original List price
-
Price/Sqft
$335
HOA
$215
Days on market
-
Sold On
-
MLS number
225131121
Home ConditionGood
Features
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 - $669.0K(36th), sqft - 1997(43th), beds - 4(50th), baths - 3(50th).

PRICE REDUCTION!!! Don't miss the opportunity to make 1553 Bonanza Lane your new home! Located in Folsom, a growing, affluent community that balances a high-tech economy, with a historic small-town feel and abundant natural recreation. This beautifully maintained home located in the highly desirable Parkway Community offers 1997 square feet of a well-designed floor plan that offers 4 bedrooms, 3 bathrooms, indoor laundry room, Nest Thermostat, newly painted interior and exterior, updated kitchen features, stainless steel appliances and an island that invites casual dining. The flexible floor plan includes a downstairs bedroom and full bathroom, ideal for guests or multi-generational living. The kitchen flows seamlessly into the dining and living areas, creating a bright and open space for entertaining. A sliding glass door leads to a clean, low-maintenance backyard courtyard perfect for relaxing or hosting outdoor gatherings. Enjoy direct access to nearby bike and walking trails, and take advantage of the home's close proximity to shopping, restaurants, and Folsom's top-rated, award-winning schools. With its ideal location, thoughtful updates, and functional layout, this Parkway gem offers the perfect blend of comfort, convenience, and carefree lifestyle living.

Nearby schools

8/10
Folsom Hills Elementary School
Public,•K-5•0.4mi
8/10
Folsom Middle School
Public,•6-8•1.8mi
9/10
Vista Del Lago High School
Public,•9-12•2.3mi

Price History

Date
Event
Price
12/04/25
Price Change
$669,000-2.9%
10/09/25
Price Change
$689,000
01/26/18
Sold
$504,000
10/24/13
Sold
$414,500
Condition Rating
Good
Built in 2013, this property is 11 years old, placing it within the '10 to 20 years' range for a 'Good' score. The listing states it's 'beautifully maintained' with 'newly painted interior and exterior' and 'updated kitchen features.' The images confirm a move-in ready condition with modern aesthetics. The kitchen boasts dark wood cabinets, granite countertops, and stainless steel appliances. Bathrooms feature contemporary vanities, granite/white countertops, and clean tile work. Flooring is a mix of attractive wood laminate and carpet, all appearing well-maintained. There are no visible signs of significant wear, outdated major systems, or deferred maintenance, aligning perfectly with the 'Good' criteria.
Pros & Cons

Pros

Great Schools: High School: Vista Del Lago High School (9/10).
Desirable Location & Community: Located in Folsom's highly desirable Parkway Community, an affluent area balancing a high-tech economy with a small-town feel, abundant natural recreation, and close proximity to shopping and restaurants.
Excellent School District: Benefits from access to Folsom's top-rated, award-winning schools, with all listed elementary, middle, and high schools receiving high ratings (8 or 9).
Modern & Updated Condition: A well-maintained home built in 2013, featuring newly painted interior and exterior, an updated kitchen with stainless steel appliances and an island, and a modern Nest Thermostat.
Versatile & Functional Layout: Offers a well-designed 1997 sqft floor plan with 4 bedrooms and 3 bathrooms, including a valuable downstairs bedroom and full bath ideal for guests or multi-generational living, and an open concept living area.
Recent Price Adjustment: The property has recently undergone a price reduction from $689,000 to $669,000, potentially offering an attractive value proposition for prospective buyers.

Cons

Limited Outdoor Space: The property features a relatively small lot size of 3,180 sqft and a 'low-maintenance backyard courtyard,' which may not appeal to buyers desiring a larger traditional yard or extensive outdoor amenities.
Monthly HOA Fees: Subject to a recurring monthly association fee of $215, which adds to the overall cost of homeownership and may include community rules and restrictions.
Absence of Specific Cooling System Details: While a Nest Thermostat is mentioned, the description does not explicitly detail the type or presence of a central air conditioning system, which is a key comfort feature, especially in California's climate.

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