1591 Bonanza Lane, Folsom, CA 95630, Folsom, 95630 - 3 bed, 3 bath
1591 Bonanza Lane
Folsom, CA 95630
Property Price
SUMMARY
Analysis of 1591 Bonanza Lane, Folsom, CA 95630 reveals a property with a current list price of $665,000, which is 6% above the estimated $627,315 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Folsom Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1591 Bonanza Lane Subject | $665,000* List Price | 3 | 3 | 1,874 | $335 | - |
A 1553 Bonanza Lane Sold | $625,000 | 4 | 3 | 1,997 | $313 | 0.1 mi |
B 1599 Ballou Circle Sold | $600,000 | 3 | 3 | 1,905 | $315 | 0.5 mi |
C 1557 Borrasca Drive Sold | $615,000 | 3 | 3 | 1,905 | $323 | 0.4 mi |
D 1517 Bonanza Lane Sold | $707,000 | 4 | 3 | 2,203 | $321 | 0.1 mi |
E 1579 Bonanza Lane Sold | $578,500 | 2 | 3 | 1,874 | $309 | 0.0 mi |
F 1480 Bicker Circle Sold | $715,000 | 4 | 3 | 2,322 | $308 | 0.5 mi |
G 1530 Bonanza Lane Active | $709,000 List Price | 4 | 3 | 2,203 | $322 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Built in 2013, this 13-year-old home falls within the 10-20 year range for a 'good' condition score. The property is move-in ready and exceptionally well-maintained, featuring a modern open-concept kitchen with white cabinetry and a large island, hardwood flooring throughout the main level, and a professionally landscaped backyard with turf. All major systems appear functional and within their expected lifespan, showing true pride of ownership without the need for immediate renovation.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
High School: Vista Del Lago High School (9/10).
- Prime Greenbelt Location
The property offers exceptional privacy with no neighbors on one side and a backyard overlooking a tranquil greenbelt, providing a peaceful setting rarely found in dense suburban developments.
- Top-Rated School District
Situated within the boundaries of highly-coveted Folsom schools, including Vista Del Lago High (9/10), making it an ideal choice for families prioritizing education and long-term resale value.
CONSRISKS & DEFICIENCIES
- Compact Lot Size
With a lot size of just 3,180 square feet, the outdoor space is limited, which may not appeal to buyers seeking a large private yard or extensive gardening areas.
- Recurring Association Fees
The $217 monthly HOA fee increases the total cost of ownership and may be a deterrent for buyers looking to minimize fixed monthly carrying costs.
About 1591 Bonanza Lane
Located in the desirable Parkway neighborhood, this immaculately cared-for home offers 1,874 square feet of thoughtfully designed living space with 3 bedrooms, a dedicated home office area, and 2.5 bathrooms. The open great-room layout creates an easy flow for everyday living and entertaining. The kitchen features crisp white cabinetry, a generous island, and opens to the main living areas, complemented by warm wooden hardwood floors throughout the downstairs. The cheerful home has been exceptionally maintained and shows true pride of ownership. The private, low-maintenance backyard is finished with turf and overlooks a tranquil greenbelt, providing peaceful views and no neighbors on one side. It's an ideal space to unwind, entertain, or simply enjoy the added sense of privacy. Enjoy close access to walking trails, multiple parks, restaurants, and shopping, all within walking distance, plus the benefit of Folsom's top-rated schools. This home is a rare opportunity in one of the area's most sought-after communities!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2013
- Lot Size
- 3,180 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $217 / Month
Neighborhood Insights
Folsom Unified Schools
Folsom Hills Elementary School
Grades K-5 • 0.4 mi
Folsom Middle School
Grades 6-8 • 1.8 mi
Vista Del Lago High School
Grades 9-12 • 2.3 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,874 | 2,082 | 37% |
| Lot Size | 3,180 | 7,192 | 6% |
| Price | $665.0K | $760.0K | 29% |
| Price per sq ft | $355 | $375 | 40% |
| Built year | 2013 | 1999 | 71% |
| HOA | $217 | $53 | 85% |
| Days on market | 29 | 171 | 0% |
Pricing History
Listed for Sale
Feb 22, 2026
$665,000
$675,000
-1% Price Drop
Initial Listing
Price Change
Feb 6, 2026
$675,000
Initial Listing
Sold
Jul 27, 2017
$475,000
Public Record
Sold
Oct 25, 2013
$384,000
Public Record