
Sacramento, CA 95825
This Turnkey Waterfront Condo is a Strong Value Opportunity, listed at $249,000—positioned well below the $260,115 Fair Market Value by 4%. This valuation gap offers $11,115 in Instant Equity. Featuring a Brand New Granite Kitchen, plank flooring, and an Updated Jack & Jill Bathroom, the unit maintains a Condition Rating of 2. Residents enjoy a scenic waterfront view, pool, and spa. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a move-in ready lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2400 Larkspur LN 264 Subject | $245,000* List Price | 2 | 1 | 1,000 | $241 | - |
A 2452 Larkspur Lane 324 Sold | $202,000 | 1 | 1 | 760 | $266 | 0.0 mi |
B 2280 Hurley Way 61 Sold | $200,000 | 2 | 2 | 1,105 | $181 | 0.4 mi |
C 2410 Larkspur Lane 243 Sold | $225,000 | 1 | 1 | 770 | $292 | 0.1 mi |
D 1019 Dornajo Way 233 Sold | $205,000 | 2 | 2 | 968 | $212 | 0.1 mi |
E 861 Woodside Lane 6 Sold | $190,000 | 1 | 1 | 682 | $279 | 0.4 mi |
F 1519 Hood Road F Sold | $259,000 | 2 | 2 | 1,207 | $215 | 0.7 mi |
G 524 Woodside Oaks 8 Sold | $183,000 | 1 | 1 | 733 | $250 | 0.6 mi |
H 2350 Alta Garden Lane B Sold | $178,500 | 1 | 1 | 670 | $266 | 1.0 mi |
I 2402 Larkspur Lane 259 Active | $250,000 List Price | 2 | 1 | 1,000 | $250 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1974, the unit has undergone a comprehensive recent renovation including a brand new kitchen with granite countertops, new cabinetry, and newer appliances. The interior features all-new plank flooring throughout and an updated Jack & Jill bathroom, meeting the criteria for a high-quality renovation completed within the last 5 years.
The unit features a brand-new kitchen with granite countertops and new cabinetry, complemented by fresh plank flooring throughout for a contemporary, move-in-ready feel.
Positioned as an upstairs unit, the property offers tranquil views of the community's waterways and mature Redwood trees, providing a serene and premium atmosphere.
This property includes an in-unit washer and dryer, a highly sought-after feature that is rarely available in two-bedroom units within this specific complex.
The monthly HOA fee of $579 is substantial relative to the listing price, which may impact overall affordability and the debt-to-income ratio for some buyers.
The assigned public schools carry low ratings (2/10 and 3/10), which could deter families and potentially limit the property's long-term appreciation value.
Tastefully updated, this beautiful, Lakeview condominium has new durable VINYL planks flooring throughout the house and most importantly, an added unique and most convenient WASHER/DRYER inside the unit. The living room that leads to the dining area, has a gas log fireplace, a sliding glass door that opens onto a private, nice-sized, most durable TREK wood deck balcony/patio with a storage closet which hovers onto natural gigantic Redwood trees, plants and flowers, freshwater creeks and lake, fountain, ducks and amusing koi fish. The Kitchen has new cabinets & showcasing a new Quartz countertop with plenty of space for cooking an elegant feast. Each of the 2 large bedrooms have double-door entry, its own vanity and sink. Each room has its own door leading to the Jack & Jill bathroom that has tile floor, shower & tub. Nestled in a peaceful 28-acre Gated Community called Timberlake Lodge in a lush, natural setting close to shopping centers (University Village, Loehman's Plaza, and the Pavilions) restaurants, cafes and shops, this beautiful home is minutes to Sacramento State University, Midtown and Downtown areas. The unit backs to miles of great natural lights and recessed-lighted walkways and trails surrounded by huge, shady trees. Residents have access to the Club House/Social Area that includes a lounge, fireplace, television, ping pong tables, pools, 2 saunas, tennis court, billiards room; card room, and a private gym/exercise room & shower room. There are 2 large main sparkling pools, spa and picnic/barbecue areas, for tenants' use, and two guest suites. Secured parking and each unit has its own carport and a space for guests. Ready to feed the Ducks and Koi fish?
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-6 • 7.4 mi
Grades 6-12 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 1.0 | 1.7 |
| Square foot | 1,000 | 1,034.367 |
| Lot Size | 1,982 | 1,582.467 |
| Price | $245.0K | $279.1K |
| Price per sq ft | $245 | $273 |
| Built year | 1974 | 1987 |
| HOA | $579 | $412 |
| Days on market | 49 | 58 |
Aug 8, 2026
$245,000
$249,000
-2% Price Drop
Initial Listing
Jul 22, 2026
$249,000
Initial Listing
Jun 18, 2013
$82,500
Public Record
Aug 11, 2008
$115,000
Public Record