2228 Cermak Way, Elk Grove, CA 95758, Elk Grove, 95758 - 4 bed, 3 bath
Loading property details...
Elk Grove, CA 95758
This property presents a High-Potential Investment Opportunity with a List Price of $599,900—positioned well below the $602,134 Fair Market Value by 0.37%. This valuation gap offers $2,234 in Instant Equity for buyers. Featuring a 4-bedroom, 2.5-bathroom layout on a corner lot, the home has a Condition Rating of 4, requiring cosmetic updates to reach its full potential. Located in the desirable Laguna West community near top-rated schools, this is a value-add acquisition ideal for Fix-and-Flip Investors or Owner-Occupants seeking to build sweat equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2228 Cermak Way Subject | $590,000* List Price | 4 | 3 | 2,093 | $282 | - |
A 9670 Mizzenmast Court Sold | $583,000 | 3 | 2 | 1,748 | $334 | 1.0 mi |
B 9668 Sea Cliff Way Sold | $680,000 | 5 | 3 | 2,617 | $260 | 0.3 mi |
C 3301 Turnbuckle Circle Sold | $668,500 | 4 | 3 | 1,862 | $359 | 0.8 mi |
D 9574 Sea Cliff Way Pending | $675,000 List Price | 4 | 2 | 2,193 | $308 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2002 (22 years old), the property features original dated oak cabinetry and laminate surfaces. The listing explicitly identifies it as a 'light fixer,' and interior photos show significant wear on carpets and walls that require immediate cosmetic updates.
Situated in the highly desirable Laguna West community, the property offers exceptional lifestyle amenities including a 73-acre lake, scenic parks, and proximity to top-rated schools like Stone Lake Elementary.
This 2,093 sqft home features a desirable corner lot position, a large primary suite with vaulted ceilings, and a practical upstairs laundry room, catering well to modern family needs.
Marketed as a 'light fixer' at a competitive price point, this property provides a rare chance for buyers to build immediate sweat equity by applying personal cosmetic updates in a high-demand area.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5663, other record lot size in square feet = 5808. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The 'light fixer' status implies that the home requires an upfront investment of time and capital for repairs and modernization to reach its full market value.
The property is subject to a $101 monthly HOA fee, which increases the total monthly carrying cost compared to non-HOA residential options in the surrounding region.
Welcome to Laguna West, one of Sacramento's most sought-after master-planned communities, beautifully designed around a stunning 73-acre lake. This two-story home offers 4 bedrooms, 2.5 bathrooms, and over 2,000 square feet of living space on a desirable corner lot, presenting an incredible opportunity for buyers looking to add their personal touch. The expansive primary suite provides a true retreat with its vaulted ceilings, while the conveniently located upstairs laundry room adds everyday practicality. With a little vision, this light fixer has the potential to truly shine in one of the area's most picturesque neighborhoods. Residents enjoy unparalleled access to scenic parks, top-rated schools, and a vibrant mix of retail and dining options, all just minutes from Downtown Sacramento and with effortless freeway access. Don't miss this rare chance to own in Laguna West at an exceptional value.
No exterior & parking available.
Grades K-6 • 0.6 mi
Grades K-6 • 1.4 mi
Grades K-6 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 2,093 | - |
| Lot Size | 5,663 | - |
| Price | $590.0K | $632.1K |
| Price per sq ft | $282 | $316 |
| Built year | 2002 | 0 |
| HOA | $101 | $0 |
| Days on market | 37 | 42 |
Jul 18, 2026
$590,000
$599,900
-2% Price Drop
Initial Listing
Jun 15, 2026
$599,900
Initial Listing
Jun 10, 2010
$215,500
Public Record
Jul 18, 2005
$465,000
Public Record