2054 Walnut Avenue, Carmichael, CA 95608, Carmichael, 95608 - 3 bed, 2 bath
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2054 Walnut Avenue
Carmichael, CA 95608
ACTIVE
CONDITION: EXCELLENT
3Beds
2Baths
1,212Sq Ft
10,559Lot Size
Property Price
LIST PRICE$509,950
EST. MARKET VALUE
$527,751
3% BelowMARKET VALUE
SUMMARY
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $530,000—positioned well below the $540,694 Fair Market Value by 2%. This valuation gap offers $10,694 in Instant Equity. Featuring a Mint Condition Rating with a new roof and HVAC, the home offers a modern kitchen and significant ADU Potential on its quarter-acre lot. Located near premium amenities and the American River, this property is an ideal acquisition for Owner-Occupants or first-time buyers seeking long-term stability.
Estimated Market Value
$527,751+$17,801 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Carmichael.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2054 Walnut Avenue Subject | $509,950* List Price | 3 | 2 | 1,212 | $435 | - |
A 4941 Donovan Drive Sold | $565,000 | 4 | 2 | 1,463 | $386 | 0.2 mi |
B 2312 Garfield Avenue Sold | $479,000 | 3 | 2 | 1,447 | $331 | 0.6 mi |
C 2551 Lillian Lane Sold | $507,000 | 3 | 2 | 1,258 | $403 | 0.6 mi |
D 2300 Homewood Way Sold | $593,850 | 4 | 2 | 1,369 | $434 | 0.5 mi |
E 2101 Bircher Way Active | $549,900 List Price | 3 | 2 | 1,255 | $438 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property features major system updates within the last 5 years, including a brand-new HVAC and roof. The kitchen has been fully modernized with stainless steel appliances, stone countertops, and a contemporary tile backsplash. The interior shows high-quality recent renovations, including updated windows and flooring, making it a mint-condition, move-in-ready home.
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 = 10559, living area = 1212.
- Recent Capital Improvements
The property features a brand-new HVAC system and roof installed within the last five years, offering buyers significant peace of mind and reducing the likelihood of immediate major maintenance expenses.
- ADU & Expansion Potential
Situated on a spacious quarter-acre lot, the property provides ample room for an accessory dwelling unit (ADU), making it an excellent choice for multi-generational living or generating rental income.
CONSRISKS & DEFICIENCIES
- Limited Interior Square Footage
At 1,212 square feet for a three-bedroom layout, the interior living space is relatively compact, which may feel restrictive for families requiring larger common areas or storage.
- Inconsistent School Ratings
While the local high school is well-rated, the designated K-8 school has a lower rating of 3, which could be a significant drawback for families prioritizing top-tier primary education.
About 2054 Walnut Avenue
Charming 3BR/2BA Home in Carmichael - Quarter-Acre Lot with ADU Potential! Welcome to this beautifully updated 3-bedroom, 2-bathroom home nestled in the heart of Carmichael. Set on a spacious quarter-acre lot, this property offers incredible outdoor space and exciting potential for an ADU (accessory dwelling unit) perfect for extended family, rental income, or a home office retreat. Major updates within the last 5 years include a brand-new HVAC system and roof, giving you peace of mind for years to come. Location, location, location! Walk to Starbucks and Whole Foods for your morning coffee and grocery runs, and enjoy easy access to the American River and Ancil Hoffman Park just minutes away ideal for hiking, biking, golfing, and outdoor recreation. Don't miss this rare opportunity to own a move-in-ready home with room to grow in one of Carmichael's most convenient neighborhoods!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1953
- Lot Size
- 10,559 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Carmichael Unified Schools
Harry Dewey Fundamental Elementary School
Grades K-6 • 4.3 mi
7/10
Starr King K-8
Grades K-8 • 0.4 mi
3/10
Arden Middle School
Grades 6-8 • 2.1 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,212 | 1,713.891 |
| Lot Size | 10,559 | 9,593.696 |
| Price | $509.9K | $573.8K |
| Price per sq ft | $421 | $343 |
| Built year | 1953 | 1964 |
| HOA | $0 | $194 |
| Days on market | 12 | 43 |
Pricing History
Listed for Sale
Sep 4, 2026
$509,950
$530,000
-4% Price Drop
Initial Listing
Price Change
Aug 28, 2026
$530,000
Initial Listing
Sold
Dec 7, 2021
$420,000
Public Record
Sold
Sep 28, 2016
$270,000
Public Record
Sold
Apr 20, 2015
$170,000
Public Record
Sold
Apr 25, 2003
$206,500
Public Record