1646 Del Dayo Drive, Carmichael, CA 95608, Carmichael, 95608 - 5 bed, 5 bath
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1646 Del Dayo Drive
Carmichael, CA 95608
ACTIVE
CONDITION: POOR
5Beds
5Baths
4,794Sq Ft
32,400Lot Size
Property Price
LIST PRICE$1,850,000
EST. MARKET VALUE
$1,795,906
3% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $1,850,000—positioned above the $1,795,907 Fair Market Value. While requiring a full-scale renovation due to its Condition Rating of 5, the home offers a massive 0.75-acre lot and a 4,794 sqft footprint in the prestigious Old Del Dayo neighborhood. Proximity to top-rated schools like Rio Americano High and Del Dayo Elementary adds long-term stability. This is a significant value-add project ideal for Buy-and-Hold Investors or Owner-Occupants seeking to customize a grand architectural estate.
Estimated Market Value
$1,795,906
Based on Realkey algorithm analyzing recent comparable sales in Carmichael.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1646 Del Dayo Drive Subject | $1,850,000* List Price | 5 | 5 | 4,794 | $375 | - |
A 5244 Fair Oaks Boulevard Active | $1,999,000 List Price | 6 | 5 | 5,500 | $363 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1984 and described as 'undisturbed by construction in decades,' this 40-year-old home is in entirely original condition. The kitchen and five bathrooms feature dated oak cabinetry, square tile countertops, and 1980s-era fixtures and wallpaper. While structurally grand, the interior systems and finishes have exceeded their typical functional lifespan, requiring a full-scale rehab to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 32400, living area = 4794.
- Prestigious Location
Situated in the highly sought-after Old Del Dayo neighborhood, this property offers a perfect balance of seclusion and accessibility to top-rated schools like Rio Americano High and Del Dayo Elementary.
- Custom Architectural Scale
Built by renowned Lewis & Bristow, the home features nearly 4,800 square feet of grand, spacious living areas and a functional five-bedroom layout that provides a substantial canvas for luxury living.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
- Dated Interior Condition
The home has not been updated in decades, requiring a comprehensive renovation to modernize the 1980s-era finishes, fixtures, and systems to meet current luxury standards.
- High Renovation Capital Required
Given the large square footage and premium list price, the additional investment needed for a full-scale remodel may result in a high total cost basis relative to the immediate neighborhood market value.
About 1646 Del Dayo Drive
Welcome to your once & future dream home! Custom built w/top quality in the mid-1980's by Lewis & Bristow, this 5 Bedroom architectural gem set on .75 acre in the heart of Old Del Dayo will amaze you! Take in the beautifully designed brick terracing. Upon entry you will see the endless possibilities for a home that hasn't been disturbed by construction in decades. You will enjoy traditional rooms that are grand & spacious while being casually modern yet formal. You can create and design your vision on this beautiful canvas and lose yourself in the meditative grounds. Truly a one-of-a-kind opportunity. The Del Dayo/Day Drive neighborhood is secluded yet accessible, seclusive yet open, off-the-beaten path yet close to everything in the Carmichael/Arden area. They don't make them like this anymore.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1984
- Lot Size
- 32,400 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 5 (5 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Carmichael Unified Schools
Del Dayo Elementary School
Grades K-6 • 0.5 mi
7/10
Harry Dewey Fundamental Elementary School
Grades K-6 • 5.1 mi
7/10
Arden Middle School
Grades 6-8 • 2.0 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 5.0 | 2.0 |
| Square foot | 4,794 | 1,713.891 |
| Lot Size | 32,400 | 9,593.696 |
| Price | $1.85M | $573.8K |
| Price per sq ft | $386 | $343 |
| Built year | 1984 | 1964 |
| HOA | $0 | $194 |
| Days on market | 13 | 43 |
Pricing History
Listed for Sale
Aug 27, 2026
$1,850,000
Initial Listing