2248 Cannery Loop, Davis, CA 95616, Davis, 95616 - 3 bed, 3 bath

2248 Cannery Loop, Davis, CA 95616 home-pic-0

2248 Cannery Loop

Davis, CA 95616

ACTIVE
CONDITION: EXCELLENT
3Beds
3Baths
1,978Sq Ft
3,533Lot Size

Property Price

LIST PRICE$995,000
EST. MARKET VALUE
$1,036,260
3% BelowMARKET VALUE

SUMMARY

Analysis of 2248 Cannery Loop, Davis, CA 95616 reveals a Prime Investment Opportunity with a current list price of $995,000—significantly undercutting the $1,036,260 Fair Market Value by 3%. This valuation gap indicates a +$41,260 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Davis 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

$1,036,260 +$41,260 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Davis.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
2248 Cannery Loop
Subject
$995,000*
List Price
331,978$524-
A
1043 Pierce
Sold
$1,200,000331,943$6180.3 mi
B
234 Baja Avenue
Sold
$704,000321,829$3850.2 mi
C
903 Red Currant Terrace
Sold
$793,000331,780$4460.0 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

Built in 2016, this property falls within the 10-year window for excellent condition and has been recently refreshed with new interior/exterior paint and new carpet. The kitchen is modern with high-end features like a farmhouse sink, wine fridge, and gas cooktop. The home also includes contemporary systems such as owned solar, a tankless water heater, and EV charging, meeting the highest quality standards with no deferred maintenance.

PROSSTRENGTHS & OPPORTUNITIES

  • Great Schools

    High School: Davis Senior High School (9/10).

  • Energy Efficiency & Modern Tech

    The property is equipped with owned solar, a tankless water heater, and a two-car garage wired for EV charging, providing significant long-term utility savings and modern convenience.

  • Turn-Key Modern Interior

    Built in 2016 and recently updated with fresh interior/exterior paint and new carpet, the home features high-end finishes like a wine fridge, farmhouse sink, and a flexible downstairs office space.

CONSRISKS & DEFICIENCIES

  • Compact Lot Size

    The 3,533 square foot lot is relatively small, with outdoor space limited to a private side yard rather than a traditional large backyard, which may not appeal to all buyers.

  • High Price-Per-Square-Foot

    Priced at nearly $1 million for under 2,000 square feet, the property represents a premium price point for the area, reflecting the high demand for the specific subdivision.

About 2248 Cannery Loop

Light-filled and thoughtfully designed, this Cannery home offers modern comfort and everyday convenience. With 3 bedrooms plus a flexible downstairs office or guest room, it's ideal for today's lifestyle. The main level features high ceilings, abundant natural light, and an open-concept layout connecting the family room, dining area, and stylish kitchen with stainless steel appliances, gas cooktop, wine fridge, farmhouse sink and seamless access to the private side yard complete with a custom planter wall and water feature; perfect for a quiet retreat. Upstairs, the spacious primary suite includes a ceiling mounted shower head, soaking tub, walk-in closet, and window shutters. Freshly painted inside and out, with new carpet throughout. Additional highlights include owned solar, tankless water heater, two-car garage wired for EV, and abundant storage. Located in Davis' Cannery community with access to the resort-style pool, clubhouse, parks, and the Cannery Loop Trail. Just minutes to Nugget Market and downtown Davis. This home blends thoughtful design with comfort and connection to everything that makes Davis living special. Welcome home!

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
2016
Lot Size
3,533 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
3 (3 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$122 / Month

Neighborhood Insights

Davis Unified Schools

North Davis Elementary School

Grades K-6 • 0.5 mi

7/10

Oliver Wendell Holmes Junior High School

Grades 7-9 • 0.6 mi

7/10

Davis Senior High School

Grades 10-12 • 0.7 mi

9/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths3.02.0
64%
Square foot1,9781,842
58%
Lot Size3,5336,891
5%
Price$995.0K$809.0K
78%
Price per sq ft$503$465
66%
Built year20161972
95%
HOA$122$0
84%
Days on market51197
6%

Pricing History

Listed for Sale

Jan 15, 2026

$995,000

Initial Listing

Sold

Jan 31, 2022

$1,000,000

Public Record

Browse Properties by State Browse housing market trends by state