166 Log Pond Lane, Sacramento, CA 95818, Sacramento, 95818 - 1 bed, 1 bath
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Sacramento, CA 95818
This Modern 1-Bed Condominium represents a High-Potential Investment Opportunity, listed at $349,000—positioned well below the $330,507 Fair Market Value by -5%. Built in 2020, the unit features an Excellent Condition Rating with contemporary finishes, a private roof deck, and a dedicated loft workspace. While the ongoing HOA litigation requires a patient buyer, the flexible financing options and proximity to top-rated schools like Crocker/Riverside Elementary provide significant long-term upside. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a modern, well-located asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 166 Log Pond Lane Subject | $349,000* List Price | 1 | 1 | 801 | $413 | - |
A 175 Log Pond Lane Sold | $430,000 | 2 | 3 | 1,015 | $424 | 0.0 mi |
B 467 Tailoff Lane Sold | $416,500 | 2 | 3 | 1,116 | $373 | 0.2 mi |
C 493 Tailoff Lane Sold | $415,000 | 2 | 3 | 1,009 | $411 | 0.2 mi |
D 322 1st Avenue Active | $405,000 List Price | 1 | 1 | 801 | $506 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2020, the property is only 4-5 years old, meeting the <10y criteria. It features modern interior finishes like quartz counters and laminate flooring, along with contemporary systems including a tankless water heater and central HVAC. While there is an HOA construction-defect lawsuit, the unit's age and interior specifications align with excellent condition.
Elementary School: Crocker/Riverside Elementary School (9/10).
Built in 2020, this contemporary end-unit features high-end finishes like quartz countertops and a tankless water heater, complemented by a private rooftop deck and a dedicated loft workspace.
The seller offers rare purchase flexibility, including potential seller financing and the possibility of assuming an existing conventional loan, which is highly attractive in the current interest rate environment.
The property is currently subject to a construction-defect lawsuit, which typically complicates traditional financing and may require a cash-heavy or patient investor to navigate.
Planned common-area repairs and SB-326 balcony compliance requirements suggest upcoming construction activity and potential uncertainty regarding future assessments or community disruptions.
Modern 1‑bed, 1‑bath Lane Home condo at The Mill at Broadway with private roof deck, attached 1‑car garage and low‑maintenance cul‑de‑sac setting just minutes from Downtown Sacramento and Miller Park. End‑unit location at the back of the community provides extra privacy, great light and a flexible layout with open kitchen/living, dedicated loft workspace and rooftop outdoor living. Built in 2020 with central heat/air, dual‑pane windows, tankless water heater and contemporary finishes including quartz counters and laminate flooring. Owner may consider flexible purchase options, including possible seller financing with a substantial down payment and potential assumption of the existing conventional loan for qualified buyers, subject to lender and HOA approval. Home is priced below recent neighborhood values to reflect an ongoing HOA construction‑defect lawsuit and planned common‑area repairs; this may create upside for a patient buyer once litigation and improvements are resolved. Buyers should review all disclosures, HOA documents, inspection reports, and SB‑326 / balcony compliance information and independently verify all information to their satisfaction. (Home is virtually staged)
No exterior & parking available.
Grades K-6 • 0.2 mi
Grades K-6 • 0.9 mi
Grades K-6 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 801 | - |
| Lot Size | - | - |
| Price | $349.0K | $323.6K |
| Price per sq ft | $436 | $284 |
| Built year | 2020 | 0 |
| HOA | $132 | $0 |
| Days on market | 7 | 56 |
Jul 15, 2026
$349,000
Initial Listing
May 13, 2022
$436,000
Public Record
Aug 20, 2020
$383,500
Public Record