2301 Capitol Avenue, Sacramento, CA 95816, Sacramento, 95816 - 4 bed, 2 bath
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Sacramento, CA 95816
This historic 1906 Craftsman represents a Strong Value Opportunity, listed at $889,000—positioned well above the $868,929 Fair Market Value by 2%. While the property requires minor cosmetic updates, its Condition Rating of 4 and new HVAC system provide a solid foundation. Located in the prestigious Capitol Mansions Historic District, this 4-bedroom residence offers unique architectural character and a massive, functional basement. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a historic home with significant long-term appreciation potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2301 Capitol Avenue Subject | $889,000* List Price | 4 | 2 | 2,632 | $330 | - |
A 2331 G Street Sold | $785,000 | 4 | 2 | 1,929 | $407 | 0.5 mi |
B 2501 N Street Active | $799,000 List Price | 3 | 3 | 3,018 | $265 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1906, this historic home is well-maintained and features a new HVAC system, but the kitchen and bathrooms are dated with older tile work and cabinetry. While functional and move-in ready, the interior shows signs of age such as peeling paint in the sunroom and older electrical fixtures, fitting the criteria for a property over 20 years old needing minor updates.
Situated in the prestigious Capitol Mansions Historic District, this 1906 Craftsman offers exceptional walkability to Midtown Sacramento's premier dining, theater, and retail hubs.
The massive basement provides significant utility and value, featuring a newly installed HVAC system, laundry facilities, and extensive storage space rarely found in historic homes.
Known as 'The Green Chateau,' the property boasts lovingly maintained original architectural details and whimsical design elements that offer unique character and enduring appeal.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 3049, living area = 2632.
With a lot size of only 3,049 square feet for a 2,632 square foot residence, the property offers very little private outdoor space or yard for gardening and entertaining.
Placement within a Historic District may subject the owner to strict guidelines and approval processes for exterior renovations, potentially increasing the cost and complexity of future upgrades.
This striking Craftsman in the heart of Sacramento's Capitol Mansions Historic District is ready for the next chapter in its story. Once known as The Green Chateau, this spellbinding home was built to last and boasts lovingly maintained architectural & design features throughout that delight in their whimsy and enduring functionality. You'll love being close to local theater, shops & dining, and coming up with creative ways to use the massive basement...which already features the new HVAC system, laundry, and storage. This grand gem on the Grid is really something special, so come & see!
No exterior & parking available.
Grades K-6 • 0.7 mi
Grades K-6 • 0.9 mi
Grades K-6 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 67% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,632 | 1,449 | 93% |
| Lot Size | 3,049 | 3,202 | 44% |
| Price | $889.0K | $725.0K | 85% |
| Price per sq ft | $338 | $483 | 11% |
| Built year | 1906 | 1927 | 11% |
| HOA | $0 | $0 | 50% |
| Days on market | 16 | 198 | 4% |
May 21, 2026
$889,000
Initial Listing
Oct 25, 2021
$790,000
Public Record
Nov 4, 2020
$700,000
Public Record
Dec 10, 2010
$460,000
Public Record