2300 California Avenue, Carmichael, CA 95608, Carmichael, 95608 - 8 bed, 10 bath
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Carmichael, CA 95608
Analysis of 2300 California Avenue, Carmichael, CA 95608 is currently available with a list price of $7,500,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Carmichael 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.
Property is moderate renovation needed.
Built in 1975, this iconic estate is exceptionally well-maintained with significant exterior updates like paid-off solar and a new metal roof. However, the interior, particularly the dual kitchens and bathrooms, retains much of its original mid-century modern and hacienda style. While functional and clean, features such as the dark wood cabinetry, mirrored kitchen backsplashes, older appliances (excluding the large stainless fridge), terracotta flooring, and some bathroom fixtures appear largely original or from an older renovation (20-30+ years ago), showing signs of being outdated rather than recently modernized. The property is move-in ready but would require substantial cosmetic updates to align with current luxury design trends.
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.
Originally California's Governor's Mansion for Ronald Reagan, featuring unique historical artifacts like a John Wayne-gifted bar and custom state dining table, offering unparalleled pedigree.
Iconic 4.39-acre riverfront property with breathtaking views of the American River, ensuring privacy and a resort-like setting.
The $7.5 million asking price targets an extremely niche market, potentially leading to a longer sales cycle.
Built in 1975, while well-maintained and updated in some areas (solar, roof), other core systems (e.g., HVAC, plumbing, electrical) may be original or require significant investment to meet modern efficiency standards.
The distinct mid-century modern and hacienda architectural blend, while unique, may not appeal to all ultra-luxury buyers, potentially narrowing the pool of interested parties.
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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 8.0 | 3.0 | 99% |
| Baths | 10.0 | 2.0 | 99% |
| Square foot | 11,984 | 1,707 | 99% |
| Lot Size | 191,228 | 9,583 | 99% |
| Price | $7.50M | $570.0K | 99% |
| Price per sq ft | $626 | $361 | 99% |
| Built year | 1975 | 1963 | 75% |
| HOA | $350 | $0 | 97% |
| Days on market | 188 | 167 | 60% |
Oct 16, 2025
$7,500,000
Initial Listing
Nov 8, 2004
$4,100,000
Public Record