
Folsom, CA 95630
This Move-In Ready Condominium is a Strong Value Opportunity, listed at $440,000—positioned well below the $459,510 Fair Market Value by 4%. This valuation gap offers $19,510 in Instant Equity for the buyer. Featuring a Good Condition Rating, the home includes a versatile loft, stainless-steel appliances, and access to resort-style amenities like a pool and spa. Zoned for Top-Rated Schools including Vista Del Lago High (9/10), this property is an ideal choice for first-time buyers or investors seeking a low-maintenance, high-utility asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1608 Esplanade Cir Subject | $440,000* List Price | 2 | 3 | 1,355 | $339 | - |
A 305 Esplanade Circle 305 Sold | $465,000 | 2 | 3 | 1,364 | $341 | 0.2 mi |
B 705 Esplanade Circle Sold | $455,000 | 2 | 3 | 1,364 | $334 | 0.1 mi |
C 206 Rivage Circle Sold | $470,000 | 2 | 2 | 1,324 | $355 | 0.3 mi |
D 1309 Esplanade Circle Active | $419,950 List Price | 2 | 2 | 1,059 | $397 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2005, this 21-year-old property is exceptionally well-maintained and move-in ready. The kitchen features functional stainless-steel appliances, and the bathrooms are clean with dual sinks. While the systems and finishes are likely original to the mid-2000s build, the home shows no signs of deferred maintenance, fitting the 'Good' criteria perfectly.
High School: Vista Del Lago High School (9/10).
The property is zoned for highly-rated schools, including Vista Del Lago High (9/10) and Folsom Middle (8/10), making it an exceptional choice for families and ensuring strong long-term resale value.
The floor plan offers high utility with an attached 2-car garage, a dedicated upstairs laundry room, and a versatile loft space that can serve as a home office or additional living area.
The monthly association fee of $364 represents a significant recurring cost that may impact the overall affordability and debt-to-income ratio for first-time buyers.
With only two formal bedrooms, the property may have limited appeal for larger families or buyers specifically seeking a three-bedroom configuration in the Folsom market.
Beautifully maintained 2-bedroom, 2.5-bath condo with a versatile loft in the desirable Esplanade community. Conveniently located near parks, trails, shopping, and schools, this home is ideal for first-time buyers, investors, or those looking to downsize and enjoy low-maintenance living. The property features an attached 2-car garage, a spacious kitchen with a dedicated pantry, and stainless-steel appliances. Upstairs, you'll find a generous primary suite with a walk-in closet and an ensuite bathroom featuring dual sinks and ample cabinet space. The upper level also includes a dedicated laundry room, loft area, an additional bedroom, and a full bathroom. Enjoy resort-style community amenities including a pool, spa, and entertaining area. Perfectly situated within the community for added privacy while still offering convenient access to all the amenities Esplanade has to offer.
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades K-5 • 1.1 mi
Grades 6-8 • 2.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 3.0 | 2.5 | 50% |
| Square foot | 1,355 | 1,395.5 | 42% |
| Lot Size | - | - | 50% |
| Price | $440.0K | $466.2K | 33% |
| Price per sq ft | $325 | $332 | 42% |
| Built year | 2005 | 2007 | 17% |
| HOA | $364 | $380 | 42% |
| Days on market | 29 | 208 | 8% |
May 8, 2026
$440,000
Initial Listing
May 6, 2015
$310,000
Public Record
Apr 18, 2005
$309,000
Public Record