1940 Vallejo Way, Sacramento, CA 95818, Sacramento, 95818 - 3 bed, 1 bath
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1940 Vallejo Way
Sacramento, CA 95818
ACTIVE
CONDITION: GOOD
3Beds
1Baths
1,299Sq Ft
4,792Lot Size
Property Price
LIST PRICE$674,999
EST. MARKET VALUE
$701,689
3% BelowMARKET VALUE
SUMMARY
This Stunning Move-In Ready Bungalow is listed at $725,000, offering exceptional value near its $732,513 Fair Market Value. Featuring a high-end chef's kitchen with Thermador appliances and a remodeled marble bathroom, the property boasts an Excellent Condition Rating requiring zero immediate work. Situated in the heart of Land Park, the home provides access to the top-rated Crocker/Riverside Elementary School and a vibrant, walkable neighborhood. This property combines financial stability with lifestyle luxury, making it the perfect fit for first-time buyers or owner-occupants seeking a polished, stress-free transition.
Estimated Market Value
$701,689+$26,690 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Sacramento.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1940 Vallejo Way Subject 3 bd · 1 ba · 1,299 sqft · $540 | $674,999* List Price | 3 | 1 | 1,299 | $540 | - |
A 2824 18th Street Sold 3 bd · 2 ba · 1,393 sqft · $596 · 0.2 mi | $830,000 | 3 | 2 | 1,393 | $596 | 0.2 mi |
B 1756 Vallejo Way Sold 3 bd · 3 ba · 1,136 sqft · $665 · 0.1 mi | $755,000 | 3 | 3 | 1,136 | $665 | 0.1 mi |
C 2717 17th Street Sold 2 bd · 1 ba · 1,151 sqft · $584 · 0.4 mi | $672,000 | 2 | 1 | 1,151 | $584 | 0.4 mi |
D 1925 4th Avenue Sold 3 bd · 2 ba · 1,643 sqft · $511 · 0.1 mi | $840,000 | 3 | 2 | 1,643 | $511 | 0.1 mi |
E 1973 4th Avenue Sold 2 bd · 1 ba · 1,183 sqft · $587 · 0.1 mi | $695,000 | 2 | 1 | 1,183 | $587 | 0.1 mi |
F 2608 3rd Avenue Sold 2 bd · 1 ba · 1,074 sqft · $670 · 0.6 mi | $720,000 | 2 | 1 | 1,074 | $670 | 0.6 mi |
G 2607 Patton Way Sold 2 bd · 1 ba · 1,371 sqft · $456 · 0.8 mi | $625,000 | 2 | 1 | 1,371 | $456 | 0.8 mi |
H 2615 Freeport Boulevard Sold 2 bd · 1 ba · 996 sqft · $547 · 0.5 mi | $545,000 | 2 | 1 | 996 | $547 | 0.5 mi |
I 2145 Perkins Way Active 3 bd · 1 ba · 1,261 sqft · $492 · 0.3 mi | $619,970 List Price | 3 | 1 | 1,261 | $492 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1939, the property has been well-maintained and thoughtfully updated, making it completely move-in ready. It features an updated chef's kitchen with high-end Thermador and Samsung appliances, a modernized bathroom with marble finishes, and a newer roof installed in 2019.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Crocker/Riverside Elementary School (9/10).
- Prime Land Park Location
Situated in the heart of one of Sacramento's most desirable neighborhoods, this home offers exceptional walkability to local landmarks like Taylor's Market and William Land Park, plus access to the top-rated Crocker/Riverside Elementary.
- High-End Chef's Kitchen
The kitchen is a standout feature, boasting premium soapstone countertops, a Thermador gas range and dishwasher, and cork flooring, perfectly blending luxury functionality with the home's historic character.
CONSRISKS & DEFICIENCIES
- Limited Bathroom Count
With three bedrooms but only one bathroom, the layout may be a significant drawback for growing families or buyers accustomed to modern multi-bath configurations.
- Compact Lot Size
The 4,792 square foot lot is relatively small for the area, which may limit outdoor privacy or future opportunities for home expansion or large-scale landscaping projects.
About 1940 Vallejo Way
Timeless Land Park charm meets thoughtful modern updates in this beautifully refreshed 3-bedroom, 1-bath bungalow offering 1,299 sq. ft. of light-filled living space. Original hardwood floors, a classic wood-burning fireplace, and a standout chef's kitchen with soapstone countertops, cork flooring, and Thermador appliances blend character with elevated finishes. The updated bath features a marble vanity, subway-tiled shower, and deep soaking tub, while a dedicated laundry room adds everyday convenience. Outside, enjoy a welcoming front porch, private yard, and covered patio ideal for relaxing or entertaining. All in a sought-after Land Park location just moments from William Land Park, Taylor's Market, Chocolate Fish, Marie's Donuts, Stepdad's, and well-regarded local schools. A special opportunity to enjoy classic Sacramento charm with modern comforts in one of the city's most beloved neighborhoods.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1939
- Lot Size
- 4,792 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 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 • 0.7 mi
9/10
California Middle School
Grades 7-8 • 0.3 mi
4/10
C. K. Mcclatchy High School
Grades 9-12 • 0.2 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,299 | 1,541.53 |
| Lot Size | 4,792 | 6,320.667 |
| Price | $675.0K | $503.2K |
| Price per sq ft | $520 | $331 |
| Built year | 1939 | 1975 |
| HOA | $0 | $130 |
| Days on market | 41 | 47 |
Pricing History
Listed for Sale
Oct 21, 2026
$674,999
$709,000
-5% Price Drop
Initial Listing
Price Change
Oct 9, 2026
$709,000
$725,000
-2% Price Drop
Initial Listing
Price Change
Sep 13, 2026
$725,000
Initial Listing
Sold
Mar 21, 2016
$465,000
Public Record
Sold
Feb 6, 2015
$354,000
Public Record