2129 Promontory Point Lane, Rancho Cordova, CA 95670, Rancho Cordova, 95670 - 2 bed, 2 bath
2129 Promontory Point Lane
Rancho Cordova, CA 95670
Property Price
SUMMARY
Analysis of 2129 Promontory Point Lane, Rancho Cordova, CA 95670 reveals a Prime Investment Opportunity with a current list price of $549,900—significantly undercutting the $569,609 Fair Market Value by 3%. This valuation gap indicates a +$19,709 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 Rancho Cordova 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 |
|---|---|---|---|---|---|---|
★ 2129 Promontory Point Lane Subject | $549,900* List Price | 2 | 2 | 1,683 | $338 | - |
A 1828 Discovery Village Lane Sold | $610,000 | 2 | 2 | 1,831 | $333 | 0.3 mi |
B 11678 Gold Country Boulevard Sold | $500,000 | 2 | 2 | 1,750 | $286 | 0.9 mi |
C 11295 Gold Country Boulevard Sold | $525,000 | 2 | 2 | 1,441 | $364 | 0.2 mi |
D 11600 Gold Country Boulevard Sold | $490,000 | 2 | 2 | 1,441 | $340 | 0.6 mi |
E 1911 Discovery Village Lane Active | $575,000 List Price | 2 | 2 | 1,606 | $358 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and has been significantly updated, featuring a new HVAC system, a new electrical panel, and owned solar panels. The kitchen is well-maintained with newer appliances, and the primary suite includes a modernized en-suite bath. While the home was built in 1986, these major system upgrades and cosmetic refreshments elevate it above the 'fair' category, though it does not meet the 'excellent' criteria of a brand-new or total studs-out renovation.
PROSSTRENGTHS & OPPORTUNITIES
- Energy Efficiency & Modern Systems
The property features owned solar, a brand-new HVAC system, and an updated electrical panel, providing significant long-term utility savings and peace of mind regarding major home components.
- Resort-Style Community Amenities
Located in the gated Promontory Point community, residents enjoy premium amenities including a pool, spa, clubhouse, tennis and pickleball courts, and direct proximity to American River trails.
- Spacious & Modern Interior
The 1,683 sq ft floor plan offers an open layout with soaring vaulted ceilings, abundant natural light, and a luxurious primary suite featuring a unique private atrium.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Fees
The monthly association fee of $525 is a substantial recurring expense that may impact the overall affordability and debt-to-income ratio for some buyers.
- Limited Private Outdoor Space
With a lot size of just 2,936 sq ft, the property lacks a traditional backyard, which may be a drawback for buyers seeking significant private garden or play areas.
About 2129 Promontory Point Lane
Welcome to this stunning 2 bedroom, 2 bathroom, 1,683 sq ft single-family home in the highly sought-after Promontory Point community of Gold River. Beautifully updated and thoughtfully designed, this home offers an open, spacious layout with soaring vaulted ceilings and abundant natural light throughout. The inviting living and dining areas flow seamlessly into the well-appointed kitchen featuring newer appliances and ample counter spaceperfect for everyday living and entertaining. The expansive primary suite is a true retreat, complete with a large bedroom, private atrium, and a luxurious en-suite bath with dual vanity sinks and generous storage. Enjoy indoor-outdoor living with a private front courtyard and low-maintenance landscaping, giving you more time to relax and enjoy the lifestyle. Owned solar adds energy efficiency and long-term savings, as well as a new HVAC system and electrical panel. Promontory Point residents enjoy gated security along with resort-style HOA amenities including a pool, spa, clubhouse, tennis and pickleball courts, and scenic walking trails. Just steps from the American River and its trail access, and only a short drive to Sacramento with easy freeway access. Close to shopping, dining, and everyday conveniencesthis is Gold River living at its finest.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1986
- Lot Size
- 2,936 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $525 / Month
Neighborhood Insights
Rancho Cordova Unified Schools
Harry Dewey Fundamental Elementary School
Grades K-6 • 2.8 mi
Gold River Discovery Center K-8
Grades K-8 • 0.7 mi
John Barrett Middle School
Grades 6-8 • 3.0 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 10% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,683 | 1,614 | 56% |
| Lot Size | 2,936 | 7,031 | 10% |
| Price | $549.9K | $500.0K | 70% |
| Price per sq ft | $327 | $322 | 56% |
| Built year | 1986 | 1978 | 60% |
| HOA | $525 | $0 | 94% |
| Days on market | 9 | 177 | 1% |
Pricing History
Listed for Sale
Feb 26, 2026
$549,900
Initial Listing
Sold
Dec 29, 2023
$526,000
Public Record
Sold
Sep 24, 2015
$383,500
Public Record
Sold
Jun 6, 2006
$435,000
Public Record