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2300 California Avenue, Carmichael, CA 95608, Carmichael, 95608 - 8 bed, 10 bath

2300 California Avenue, Carmichael, CA 95608 home-pic-0
ACTIVE$7,500,000
2300 California Avenue, Carmichael, CA 95608
8Beds
10Baths
11,984Sqft
191,228Lot
Year Built
1975
Close
-
List price
$7.5M
Original List price
-
Price/Sqft
$626
HOA
$350
Days on market
-
Sold On
-
MLS number
225133726
Home ConditionGood
Features
Excellent View:
Pool
Spa
Patio
View-

About this home

We found 3 Cons,6 Pros. Rank: price - $7.50M(99th), sqft - 11984(99th), beds - 8(99th), baths - 10(99th).

Welcome to La Casa De Los Gobernadores, an iconic riverfront estate originally designed in 1975 as California's official Governor's Mansion for Ronald and Nancy Reagan. Set behind dual gates on 4.39 acres overlooking the American River, this single-level residence blends mid-century modern architecture with hacienda-style warmth and unmatched privacy. Nearly 12,000 sq ft of living space includes 8 bedrooms, 10 bathrooms, dual kitchens, and expansive indoor-outdoor entertaining wings with a newly resurfaced pool, outdoor kitchen, putting green, and 4-car garage. Historic provenance elevates the estate beyond traditional luxury: the grand formal dining room still holds the custom 14-seat dining table commissioned for state hosting; a rare John Wayne-gifted bar remains intact with its Hollywood bullet mark; a time capsule set to be opened July 4, 2076 tying past, present, and future together in a way no modern build can replicate. Paid-off solar, a standing-seam metal roof, and breathtaking river views complete this remarkable property a legacy residence offering resort-style seclusion, architectural pedigree, and one of Sacramento County's most significant addresses. Homes of this caliber are rarely built, and almost never released to the public.

Price History

Date
Event
Price
10/16/25
Price Change
$7,500,000
11/08/04
Sold
$4,100,000
Condition Rating
Good
This iconic 1975 estate is exceptionally well-maintained and features significant recent upgrades, including paid-off solar, a standing-seam metal roof, and a newly resurfaced pool. The property boasts dual kitchens, one of which is extensively updated with modern white cabinetry and high-end stainless steel appliances, while the other maintains a high-quality, traditional aesthetic with modern appliances. The primary bathroom has been fully renovated to a contemporary standard with a freestanding tub and large walk-in shower. Other bathrooms are clean and functional, though some retain more of the original hacienda-style elements like terracotta flooring. Throughout the home, flooring is a mix of well-preserved terracotta tile and hardwood, and lighting is a blend of classic chandeliers and modern recessed fixtures. While not every component is brand new in style, the property is move-in ready, systems are well-maintained, and key areas have undergone substantial, high-quality renovations, aligning perfectly with the 'Good' condition criteria.
Pros & Cons

Pros

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 = 191228, living area = 11984.
Historic Provenance & Exclusivity: An iconic riverfront estate originally designed as California's Governor's Mansion, featuring unique historical artifacts like a John Wayne-gifted bar and a time capsule, offering unmatched exclusivity and a compelling narrative.
Expansive Estate & Privacy: Set behind dual gates on 4.39 acres overlooking the American River, providing unparalleled privacy, resort-style seclusion, and a significant land footprint.
Luxury Amenities & Entertainment: Nearly 12,000 sq ft of living space with 8 bedrooms, 10 bathrooms, dual kitchens, a newly resurfaced pool, outdoor kitchen, putting green, and a 4-car garage, ideal for grand-scale entertaining.
Riverfront Location & Views: Boasts a prime riverfront location with breathtaking views of the American River, enhancing its aesthetic appeal and offering a serene natural backdrop.
Architectural Pedigree & Modern Upgrades: Blends mid-century modern architecture with hacienda-style warmth, complemented by practical, value-adding upgrades such as paid-off solar and a durable standing-seam metal roof.

Cons

Niche Market Appeal: The property's highly specific historical significance and unique architectural style may appeal to a very particular buyer demographic, potentially limiting the overall market size.
Potential for Dated Elements: While architecturally significant, a 1975 build, despite some upgrades, may still possess original systems or design elements that could require further modernization to meet the expectations of some contemporary luxury buyers.
Significant Ongoing Costs: Beyond the substantial list price, a property of nearly 12,000 sq ft on 4.39 acres with extensive amenities will incur considerable ongoing expenses for maintenance, utilities, landscaping, and property taxes.

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