1861 Caramay Way, Sacramento, CA 95818, Sacramento, 95818 - 3 bed, 3 bath
1861 Caramay Way
Sacramento, CA 95818
Property Price
SUMMARY
Analysis of 1861 Caramay Way, Sacramento, CA 95818 reveals a Fairly Priced Property with a current list price of $850,000 aligned with the estimated $850,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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 |
|---|---|---|---|---|---|---|
★ 1861 Caramay Way Subject | $850,000* List Price | 3 | 3 | 1,697 | $501 | - |
A 1824 Castro Way Sold | $851,000 | 3 | 2 | 1,558 | $546 | 0.1 mi |
B 2672 16th Street Sold | $745,000 | 3 | 2 | 1,500 | $497 | 0.3 mi |
C 2533 5th Avenue Sold | $830,000 | 3 | 2 | 1,390 | $597 | 0.6 mi |
D 2750 Marty Way Sold | $899,000 | 3 | 2 | 1,752 | $513 | 0.3 mi |
E 2620 Marshall Way Sold | $835,000 | 3 | 2 | 1,553 | $538 | 0.7 mi |
F 3085 17th Street Sold | $910,000 | 3 | 2 | 1,461 | $623 | 0.5 mi |
G 1825 Markham Way Active | $850,000 List Price | 3 | 2 | 1,608 | $529 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Despite being built in 1935, this property has undergone a comprehensive and high-quality renovation, as evidenced by the 'fully updated' description and the images. The kitchen features modern shaker-style cabinetry, quartz countertops, stainless steel appliances (including a professional-style range and hood), a farmhouse sink, and subway tile backsplash, all appearing virtually new. The bathrooms are equally impressive with subway tile showers, modern fixtures, dual vanities, and a soaking tub in the primary suite. Engineered hardwood flooring, recessed LED lighting, dual-pane windows, and updated baseboards throughout the home further confirm a recent and extensive renovation, meeting current quality standards with no visible deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Crocker/Riverside Elementary School (9/10).
- Extensive Modern Renovation
The property has undergone a comprehensive update, blending timeless Craftsman character with sophisticated modern finishes, including engineered hardwood, recessed LED lighting, dual-pane windows, and remodeled bathrooms.
- Gourmet Kitchen & Entertaining Amenities
Features a showpiece gourmet kitchen with soaring ceilings, quartz countertops, stainless steel appliances, and a formal dining room with custom cabinetry, a wet bar, and a wine refrigerator, ideal for hosting.
CONSRISKS & DEFICIENCIES
- No Mention of Central Cooling System
Despite extensive updates, the description does not mention a central air conditioning system, which is a significant drawback for Sacramento's hot climate.
- Modest Square Footage for Price
With 1697 sqft, the interior living space may be considered relatively small for its $850,000 price point, potentially limiting appeal to buyers seeking more room.
- Lack of Garage or Covered Parking
The property description does not indicate the presence of a garage or any covered parking, which is a common expectation for a single-family home in this price range.
About 1861 Caramay Way
Welcome to 1861 Caramay Way, where timeless character meets modern luxury in one of Sacramento's most desirable neighborhoods. This fully updated Craftsman/Cottage-style residence combines thoughtful design with sophisticated finishes throughout. The light-filled gourmet kitchen is a true showpiece, boasting soaring ceilings, quartz countertops, stainless steel appliances and ample space for both daily living and entertaining. The formal dining room offers refined charm with custom cabinetry, a wet bar, and wine refrigerator perfect for hosting. The spacious living room is rich with architectural detail, featuring crown molding, built-ins, a cozy fireplace insert, and elegant wainscoting. The home's layout includes two well-appointed bedrooms and a luxurious primary suite complete with a spa-inspired bath featuring dual vanities, oversized shower, soaking tub, and a generous walk-in closet. Additional upgrades include engineered hardwood flooring, recessed LED lighting, dual-pane windows, remodeled guest bathroom, and five-inch baseboards. Outside, the exquisite landscaping wraps the entire property, showcasing drought-tolerant plants, fruit trees, and a fully fenced lot, including the front yard offering privacy, curb appeal, and a serene outdoor setting.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1935
- Lot Size
- 4,792 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sacramento Unified Schools
Crocker/Riverside Elementary School
Grades K-6 • 0.8 mi
William Land Elementary School
Grades K-6 • 0.9 mi
Bret Harte Elementary School
Grades K-6 • 1.1 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 67% |
| Square foot | 1,697 | 1,567 | 56% |
| Lot Size | 4,792 | 5,663 | 39% |
| Price | $850.0K | $735.0K | 58% |
| Price per sq ft | $501 | $501 | 51% |
| Built year | 1935 | 1938 | 40% |
| HOA | $0 | $0 | 50% |
| Days on market | 240 | 155 | 91% |
Pricing History
Listed for Sale
Jul 10, 2025
$850,000
Initial Listing
Sold
Mar 17, 2022
$860,000
Public Record
Sold
Sep 18, 2020
$775,000
Public Record
Sold
Oct 12, 2016
$600,000
Public Record
Sold
Oct 2, 2014
$335,000
Public Record