
Rancho Cordova, CA 95670
This Residential Condominium presents a High-Potential Investment Opportunity with a List Price of $390,000—positioned well above the $339,940 Fair Market Value by -14%. While the property requires interior completion, its Condition Rating of 4 and expansive lot size offer significant upside for forced appreciation. Featuring a private patio and proximity to W. E. Mitchell Middle School, this asset balances lifestyle potential with value-add requirements. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build equity through strategic renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2363 Cobbleoak Court Subject | $390,000* List Price | 3 | 2 | 1,217 | $286 | - |
A 2237 Kingstree Lane Sold | $326,000 | 3 | 2 | 1,182 | $276 | 0.3 mi |
B 2352 Bridlewood Drive Sold | $329,999 | 3 | 2 | 1,217 | $271 | 0.1 mi |
C 2022 Zinfandel Drive Active | $349,999 List Price | 3 | 2 | 1,217 | $288 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1976, the home is functional but dated. The kitchen features older tile countertops and DIY-style painted cabinetry, and the listing description explicitly notes that living areas need 'customization' and 'finishing.' While bedroom floors are newly updated, the overall age and original features in the kitchen and living spaces require modernization and minor repairs.
Boasting one of the largest lots in the neighborhood with mature shade trees, the backyard provides exceptional space for gardening, entertaining, and outdoor recreation.
Ideally situated near the American River trails and between downtown Sacramento and the Foothills, offering a perfect balance of urban access and outdoor lifestyle.
With newly updated bedroom flooring and living areas ready for customization, this property presents a prime opportunity for buyers to build equity and personalize the space.
The living areas require finishing to match the updated bedrooms, which will necessitate additional immediate investment and labor from the new owner.
The $375 monthly HOA fee adds a significant recurring expense to the total cost of ownership, which may impact affordability for budget-conscious buyers.
Room to grow, room to explore, close to everything, a place to call home. Ideally located just minutes from both downtown Sacramento and the Foothills, this Natoma Meadows gem provides a bit of everything. Gold Country wineries offer an enticing daytrip, the Sierra Nevada holds promises of weekend getaways and winter wonderlands, and closer to home, the American River beckons the outdoor enthusiast with an extensive network of walking and biking trails. Inside, three generous bedrooms and two bathrooms complement a spacious living room with a cozy fireplace and a large dining room. Newly redone floors in the bedrooms offer a road map to customization of the living areas, allowing the new owners to finish the home to their personal taste and write their own story. The backyard is where this beauty truly shines, with mature shade trees on one of the largest lots in the neighborhood, presenting endless moments for entertaining, gardening, and outdoor living. A charming property with live now and live in the future opportunities in a tight-knit community awaits you.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades 6-8 • 0.1 mi
Grades 9-12 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.5 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,217 | 1,116 |
| Lot Size | 5,258 | 2,111.75 |
| Price | $390.0K | $289.9K |
| Price per sq ft | $320 | $259 |
| Built year | 1976 | 1974 |
| HOA | $375 | $400 |
| Days on market | 41 | 89 |
Jul 30, 2026
$390,000
Initial Listing
Mar 1, 2023
$380,000
Public Record
Apr 19, 2012
$88,000
Public Record
Nov 30, 2004
$268,000
Public Record
Aug 15, 2002
$150,000
Public Record