
Folsom, CA 95630
This Spacious Multigenerational Estate is a Strong Value Opportunity, listed at $1,500,000—positioned well below the $1,493,117 Fair Market Value (Note: Market-aligned pricing). Featuring a 5,214 sqft layout, a fitness pool, and a finished basement, the property maintains a Condition Rating of 3. Located in a premier neighborhood with no HOA or Mello Roos, it offers significant long-term savings. With 9/10 rated schools nearby, this residence is an ideal acquisition for Owner-Occupants seeking luxury or Multi-generational Families requiring versatile, high-end living space.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 170 Black Powder Circle Subject | $1,459,000* List Price | 6 | 5 | 5,214 | $283 | - |
A 631 Rogers Circle Sold | $1,140,000 | 5 | 3 | 4,090 | $279 | 0.3 mi |
B 300 Sprig Circle Pending | $1,080,000 List Price | 4 | 4 | 3,160 | $342 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1992 (32 years old), the property has undergone significant recent renovations. Images show modern Luxury Vinyl Plank (LVP) flooring, updated lighting fixtures, fresh neutral paint, and refreshed kitchen/bath surfaces. It is well-maintained and move-in ready, fitting the criteria for a property with a 5-15 year renovation profile.
Elementary School: Sandra J. Gallardo Elementary School (9/10). High School: Folsom High School (9/10).
The 5,214 sqft layout is ideal for extended families, featuring a main-level bedroom with a full bath and a fully finished basement with a separate entrance for potential rental income or guest quarters.
Located in a rare Folsom neighborhood with no HOA fees and no Mello Roos assessments, offering significant monthly savings and lower carrying costs compared to similar luxury developments.
Built in 1992, the home may require capital improvements or cosmetic updates to its original systems and finishes to compete with the modern aesthetics of newer luxury builds.
The massive 5,214 square foot interior and extensive outdoor amenities like the fitness pool and large lot imply higher-than-average utility costs and ongoing maintenance demands.
Welcome to Los Cerros one of Folsom's most exclusive and sought-after neighborhoods. This estate property is thoughtfully designed for multigenerational living. The main level was made for entertaining, featuring an open floor plan, generous kitchen, and soaring ceilings that impress at every turn. A main level home office or additional bedroom with an adjoining full bath adds even more versatility to this thoughtfully designed layout. Upstairs, the primary suite is nothing short of extraordinary, boasting a private balcony with peaceful nature views, a large jetted tub, wet bar, walk-in tiled shower, and an expansive closet. Four additional bedrooms each connect to their own shared bathrooms offering privacy and convenience for every member of the household. The fully finished basement with a separate entrance and full bath offers incredible flexibility whether for extended loved ones, income rental potential, a home gym, game room, abundant storage, or all of the above. With 6 bedrooms and 5 full bathrooms, there is truly room for everyone under one roof. Step outside to your own private paradise get a workout in the fitness pool or turn on the jets and unwind under the stars. Shaded lounging areas invite you to swing in your hammock and let the day melt away. An oversized 3-car garage and gated RV parking ensure there is plenty of room for all your vehicles, toys, and adventures. This backyard was built for those who live life to the fullest. Quiet, serene, and nestled within one of the most vibrant cities in the region, this rare gem offers the perfect balance of peaceful living and modern convenience. Just minutes from the charm of Old Town Folsom, world-class dining, and the Palladio for premier shopping, everything you need is right at your fingertips. Outdoor enthusiasts will absolutely delight in all that Folsom Lake has to offer, from leisurely strolls and scenic bike trails to endless recreation just moments from your door. Los Cerros is one of Folsom's rare neighborhoods with no HOA and no Mello Roos. Come experience the lifestyle today!
No exterior & parking available.
Grades K-5 • 0.9 mi
Grades K-5 • 1.4 mi
Grades 6-8 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 0.0 |
| Baths | 5.0 | 0.0 |
| Square foot | 5,214 | - |
| Lot Size | 15,002 | - |
| Price | $1.46M | $777.5K |
| Price per sq ft | $280 | $378 |
| Built year | 1992 | 0 |
| HOA | $0 | $0 |
| Days on market | 34 | 39 |
Jul 17, 2026
$1,459,000
$1,500,000
-3% Price Drop
Initial Listing
Jun 18, 2026
$1,500,000
Initial Listing
Apr 30, 2021
$950,000
Public Record