1866 Penrose Court, Folsom, CA 95630, Folsom, 95630 - 3 bed, 3 bath
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Folsom, CA 95630
This Turnkey Empire Ranch Estate is a Strong Value Opportunity, listed at $1,188,998—positioned well below the $1,253,211 Fair Market Value by 5%. This valuation gap provides $64,213 in Instant Equity for the incoming buyer. Boasting a Turnkey Condition Rating, the residence features an updated chef's kitchen, a built-in pool, and a private hillside greenbelt view. Located near 9/10 rated schools including Russell Ranch Elementary and Vista Del Lago High, this home balances luxury with financial upside. It is ideal for Owner-Occupants or growing families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1866 Penrose Court Subject | $1,188,998* List Price | 3 | 3 | 3,212 | $390 | - |
A 1910 Alteri Court Sold | $1,252,500 | 4 | 3 | 3,212 | $390 | 0.1 mi |
B 860 Fieldstone Court Sold | $1,200,000 | 5 | 3 | 3,547 | $338 | 0.2 mi |
C 105 Wolcot Court Sold | $1,080,000 | 4 | 3 | 2,915 | $370 | 0.5 mi |
D 766 Glen-Mady Way Sold | $1,400,000 | 3 | 3 | 3,500 | $400 | 0.9 mi |
E 688 Misty Ridge Circle Sold | $1,450,000 | 4 | 3 | 3,790 | $383 | 0.5 mi |
F 105 Waterboro Square Sold | $990,000 | 4 | 3 | 2,606 | $380 | 0.6 mi |
G 708 Misty Ridge Circle Active | $1,530,000 List Price | 4 | 4 | 3,576 | $428 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This 2003-built home is in turnkey, move-in-ready condition with significant modern updates. The kitchen has been updated with granite countertops, stone backsplashes, and stainless steel double ovens. Bathrooms feature contemporary upgrades, including a modern black-framed glass shower and designer tile work. The property also boasts newer mechanical systems like central air and a whole-house fan, along with well-maintained flooring and a professionally landscaped backyard with a pool.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 14868, living area = 3212.
Elementary School: Russell Ranch Elementary School (9/10). High School: Oak Ridge High School (9/10).
The property sits on an expansive 14,868 sq ft cul-de-sac lot featuring a built-in pool and a private courtyard, offering exceptional privacy and space for high-end entertaining.
With over 3,200 square feet of living space, the configuration of only three formal bedrooms may be seen as a low bedroom-to-square-footage ratio for larger families.
The property is subject to a $175 monthly association fee, which adds to the fixed carrying costs and may be a deterrent for buyers seeking non-governed neighborhoods.
Beautifully maintained Empire Ranch home on a cul-de-sac offering 3,200+ sq ft of bright living space and a 3-car garage. With a newer central air and whole house fan it offers a functional floor plan with a sunlit family room, and a separate formal living area with a wood-burning fireplace (gas conversion option). Updated kitchen features granite counters, stone backsplash, walk-in pantry, gas cooktop, double ovens, which opens to the formal dining room. Private courtyard just off the kitchen, perfect for morning coffee or a quiet reset. Nestled in the backyard is a built-in pool with plenty of space for entertaining. The spacious primary suite includes a soaking tub, dual sinks, walk-in closet with private backyard access. Two additional bedrooms plus a 4th room ideal for an office, den, or guest space. This turnkey home is conveniently located near parks, schools, shopping, and walking trails. It's a must see!
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 1.7 mi
Grades K-5 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 3,212 | 2,136 | 87% |
| Lot Size | 14,868 | 7,261 | 93% |
| Price | $1.19M | $775.0K | 89% |
| Price per sq ft | $370 | $375 | 47% |
| Built year | 2003 | 1999 | 60% |
| HOA | $175 | $82 | 76% |
| Days on market | 75 | 174 | 14% |
Mar 14, 2026
$1,188,998
$1,198,998
-1% Price Drop
Initial Listing
Feb 6, 2026
$1,198,998
Initial Listing