2402 Larkspur Lane 259, Sacramento, CA 95825, Sacramento, 95825 - 2 bed, 1 bath
Loading property details...
2402 Larkspur Lane 259
Sacramento, CA 95825
ACTIVE
CONDITION: EXCELLENT
2Beds
1Baths
1,000Sq Ft
1,982Lot Size
Property Price
LIST PRICE$235,000
EST. MARKET VALUE
$232,131
SUMMARY
This Turnkey Condominium presents a High-Potential Investment Opportunity, listed at $260,000—positioned well below the $267,837 Fair Market Value by 2%. This valuation gap offers $7,837 in Instant Equity. Featuring a Remodeled Kitchen with quartzite countertops and a Mint Condition Rating, this unit offers a move-in-ready lifestyle within the gated Timberlake Waterfront community. While local school ratings are modest, the resort-style amenities and functional layout provide significant appeal for Buy-and-Hold Investors or first-time buyers seeking a low-maintenance, updated residence.
Estimated Market Value
$232,131
Based on Realkey algorithm analyzing recent comparable sales in Sacramento.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2402 Larkspur Lane 259 Subject | $235,000* List Price | 2 | 1 | 1,000 | $232 | - |
A 2280 Hurley Way 61 Sold | $200,000 | 2 | 2 | 1,105 | $181 | 0.4 mi |
B 2410 Larkspur Lane 243 Sold | $225,000 | 1 | 1 | 770 | $292 | 0.1 mi |
C 1019 Dornajo Way 233 Sold | $205,000 | 2 | 2 | 968 | $212 | 0.1 mi |
D 2201 Woodside Lane 10 Sold | $199,000 | 1 | 1 | 682 | $292 | 0.6 mi |
E 523 Woodside Oaks 2 Sold | $265,000 | 2 | 2 | 1,016 | $261 | 0.5 mi |
F 2280 Hurley Way 36 Sold | $186,000 | 2 | 2 | 1,105 | $168 | 0.4 mi |
G 861 Woodside Lane 6 Sold | $190,000 | 1 | 1 | 682 | $279 | 0.4 mi |
H 1519 Hood Road F Sold | $259,000 | 2 | 2 | 1,207 | $215 | 0.7 mi |
I 2400 Larkspur LN 264 Active | $245,000 List Price | 2 | 1 | 1,000 | $245 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1974, the property has undergone recent high-quality renovations including a remodeled kitchen with natural quartzite countertops and stainless steel appliances, new flooring throughout, and fresh interior paint, meeting the criteria for a recent renovation in mint condition.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Interior Renovations
The unit features significant recent updates including a remodeled kitchen with natural quartzite countertops, stainless steel appliances, new flooring, and fresh interior paint, offering a move-in-ready experience.
- Extensive Community Amenities
Located within the gated Timberlake Waterfront community, residents have access to resort-style facilities including multiple pools, spas, tennis and pickleball courts, a fitness center, and scenic walking paths.
- Functional Open-Concept Layout
The 1,000 sqft lower-level floor plan maximizes space with an open-concept living area, a cozy fireplace, and a Jack and Jill bathroom with dual vanities, providing both comfort and privacy.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Dues
The monthly association fee of $622 is relatively high compared to the listing price, which may impact the overall affordability and monthly carrying costs for potential buyers.
- Underperforming School District
The property is served by local schools with low performance ratings, specifically a rating of 2 for the high school and 3 for the nearest elementary, which could affect long-term resale value for families.
About 2402 Larkspur Lane 259
Updated 2-bedroom, 1-bath lower-level condo in the gated Timberlake Waterfront community, offering a remodeled kitchen, private outdoor space, and an extensive selection of amenities. The open-concept living and dining area features updated flooring, fresh interior paint, and a cozy fireplace, creating a comfortable and inviting main living space. The remodeled kitchen features natural quartzite countertops, stainless steel appliances, and sleek cabinetry. Both bedrooms connect to the unique Jack-and-Jill bathroom, which offers separate vanities and dressing areas with a shared tub and shower. Outside, the private deck overlooks mature landscaping and provides a peaceful spot to enjoy your morning coffee or relax at the end of the day. Timberlake Waterfront offers multiple swimming pools and spas, tennis courts, a clubhouse, fitness center, and scenic walking paths surrounded by mature trees and landscaped grounds. Conveniently located near shopping, dining, parks, and recreation, with easy access to Highways 50 and 80. A well-appointed 2-bedroom condo with thoughtful updates, private outdoor space, and exceptional community amenities.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1974
- Lot Size
- 1,982 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $622 / Month
Neighborhood Insights
Sacramento Unified Schools
Greer Elementary School
Grades K-5 • 0.4 mi
3/10
Harry Dewey Fundamental Elementary School
Grades K-6 • 7.4 mi
7/10
Encina Preparatory High School
Grades 6-12 • 0.5 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| 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 | $235.0K | $279.1K |
| Price per sq ft | $235 | $273 |
| Built year | 1974 | 1987 |
| HOA | $622 | $412 |
| Days on market | 133 | 58 |
Pricing History
Listed for Sale
Aug 30, 2026
$235,000
$250,000
-6% Price Drop
Initial Listing
Price Change
Jul 15, 2026
$250,000
$260,000
-4% Price Drop
Initial Listing
Price Change
Jun 5, 2026
$260,000
$270,000
-4% Price Drop
Initial Listing
Price Change
Apr 29, 2026
$270,000
Initial Listing
Sold
Sep 15, 2021
$275,000
Public Record
Sold
Mar 3, 2014
$100,000
Public Record