1840 Rockwood Drive, Sacramento, CA 95864, Sacramento, 95864 - 4 bed, 5 bath
1840 Rockwood Drive
Sacramento, CA 95864
Property Price
SUMMARY
Analysis of 1840 Rockwood Drive, Sacramento, CA 95864 reveals a Prime Investment Opportunity with a current list price of $2,400,000—significantly undercutting the $2,602,020 Fair Market Value by 7%. This valuation gap indicates a +$202,020 Instant Equity potential for buyers. 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 Sacramento 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 |
|---|---|---|---|---|---|---|
★ 1840 Rockwood Drive Subject | $2,400,000* List Price | 4 | 5 | 4,898 | $531 | - |
A 4110 Random Lane Sold | $2,485,000 | 5 | 4 | 4,112 | $604 | 0.4 mi |
B 3631 Winding Creek Road Active | $2,395,000 List Price | 4 | 6 | 4,978 | $481 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Built in 2000, this architect-designed Hamptons-style estate is move-in ready and features high-end finishes including a chef-inspired kitchen, hardwood floors, and a deluxe primary suite. While the property is 24 years old, its prestigious Arden Oaks location and the inclusion of a detached guest house and well-maintained grounds suggest a high level of upkeep and quality consistent with a 'Good' rating, showing minimal wear and tear for its age.
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 = 33106, living area = 4898.
- Prestigious Arden Oaks Estate
Situated on a sprawling 0.76-acre lot in one of Sacramento's most coveted neighborhoods, this property offers rare privacy and a park-like setting with mature trees and professional landscaping.
- Detached Guest House
The property includes a remarkable farmhouse-inspired detached guest home featuring a full bedroom, bath, and great room, providing exceptional versatility for multi-generational living or high-end hosting.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 4898, other record living area = 4624.
- Mixed School Ratings
While located in a premier neighborhood, the assigned elementary school carries a lower rating of 4, which may be a drawback for families prioritizing top-tier public education.
- Recent Price Appreciation
The listing price reflects a significant increase from its 2023 sale price of $2.08M, which may lead to appraisal challenges or closer scrutiny of market value by potential buyers.
About 1840 Rockwood Drive
Hamptons style living in the heart of prestigious Arden Oaks! This architect designed home with wonderful details, floor plan, & exterior is sure to captivate. Features include distinctive coved ceiling treatments, a grand living/dining room, butler's pantry, several fireplaces & hardwood flooring. A large chef-inspired kitchen with walk-in pantry is perfect for cooking & dining together. The primary suite boasts a fireplace & deluxe bath area. Every bedroom enjoys a walk-in closet; with the guest bedroom suite located away from the primary and 2 other bedrooms. The large family/game room with attached office opens to the beautifully landscaped grounds. The Hamptons feel is enhanced with private courtyards, fountains, mature trees, sparkling pool with spa, brick fireplace/bbq & charming potting shed. A remarkable farmhouse-inspired detached guest home features a full bedroom, bath, & great room with a 5th fireplace. With it's wonderful details, park-like setting & great location, this is a special home for a special buyer!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2000
- Lot Size
- 33,106 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 5 (5 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sacramento Unified Schools
Mariemont Elementary School
Grades K-5 • 0.7 mi
Del Paso Manor Elementary School
Grades K-6 • 1.0 mi
Harry Dewey Fundamental Elementary School
Grades K-6 • 5.6 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 61% |
| Baths | 5.0 | 2.0 | 94% |
| Square foot | 4,898 | 1,848 | 96% |
| Lot Size | 33,106 | 10,450 | 94% |
| Price | $2.40M | $750.0K | 97% |
| Price per sq ft | $490 | $408 | 74% |
| Built year | 2000 | 1954 | 93% |
| HOA | $0 | $0 | 50% |
| Days on market | 8 | 162 | 2% |
Pricing History
Listed for Sale
Feb 27, 2026
$2,400,000
Initial Listing
Sold
Sep 13, 2023
$2,080,000
Public Record
Sold
Nov 26, 1997
$350,000
Public Record