2418 Larkspur Ln #227, Sacramento, CA 95825, Sacramento, 95825 - 1 bed, 1 bath
Loading property details...
2418 Larkspur Ln #227
Sacramento, CA 95825
ACTIVE
CONDITION: GOOD
1Beds
1Baths
760Sq Ft
1,738Lot Size
Property Price
LIST PRICE$234,000
EST. MARKET VALUE
$203,044
15% AboveMARKET VALUE
SUMMARY
This High-Potential Investment Opportunity is listed at a List Price of $249,900, positioned well below the $213,053 Fair Market Value by -17%. Featuring a Condition Rating of 3, this unit offers a serene waterfront deck and modern interior updates, including a renovated kitchen and in-unit laundry. While the HOA fees and local school ratings are factors to consider, the property’s unique boutique setting provides distinct appeal. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a move-in ready, tranquil living space.
Estimated Market Value
$203,044
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 |
|---|---|---|---|---|---|---|
★ 2418 Larkspur Ln #227 Subject 1 bd · 1 ba · 760 sqft · $267 | $234,000* List Price | 1 | 1 | 760 | $267 | - |
A 788 Woodside Lane 6 Sold 1 bd · 1 ba · 682 sqft · $271 · 0.4 mi | $185,000 | 1 | 1 | 682 | $271 | 0.4 mi |
B 935 Fulton Avenue 500 Sold 1 bd · 1 ba · 624 sqft · $321 · 0.2 mi | $200,000 | 1 | 1 | 624 | $321 | 0.2 mi |
C 861 Woodside Lane 6 Sold 1 bd · 1 ba · 682 sqft · $279 · 0.3 mi | $190,000 | 1 | 1 | 682 | $279 | 0.3 mi |
D 2201 Woodside Lane 1 Sold 1 bd · 1 ba · 701 sqft · $284 · 0.6 mi | $199,000 | 1 | 1 | 701 | $284 | 0.6 mi |
E 524 Woodside Oaks 8 Sold 1 bd · 1 ba · 733 sqft · $250 · 0.5 mi | $183,000 | 1 | 1 | 733 | $250 | 0.5 mi |
F 2201 Woodside Lane 10 Sold 1 bd · 1 ba · 682 sqft · $292 · 0.6 mi | $199,000 | 1 | 1 | 682 | $292 | 0.6 mi |
G 2402 Larkspur Lane 259 Sold 2 bd · 1 ba · 1,000 sqft · $225 · 0.1 mi | $225,000 | 2 | 1 | 1,000 | $225 | 0.1 mi |
H 2203 Woodside Lane 4 Sold 1 bd · 1 ba · 527 sqft · $342 · 0.6 mi | $180,000 | 1 | 1 | 527 | $342 | 0.6 mi |
I 2492 Larkspur Lane 200 Active 1 bd · 1 ba · 760 sqft · $262 · 0.0 mi | $199,000 List Price | 1 | 1 | 760 | $262 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
While the structure dates to 1974, the unit has undergone significant renovations. The kitchen features updated glass-front cabinetry, stone countertops, and stainless steel appliances. The bathroom is modernized with contemporary tiling and a glass shower enclosure. The presence of an in-unit Bosch washer/dryer and updated flooring indicates the property is well-maintained and move-in ready, with renovations likely performed within the 5-15 year range.
PROSSTRENGTHS & OPPORTUNITIES
- Serene Waterfront Setting
The property features a private deck overlooking a tranquil water setting with koi and wildlife, offering a unique 'boutique oasis' atmosphere that is rare for a condominium.
- Enhanced Interior Utility
The unit is thoughtfully designed with high-value conveniences including in-home laundry, dual bedroom closets, and a dedicated nook for a vanity or workspace.
- Competitive Market Pricing
Listed at $249,900, the property is priced below its 2023 sale price of $260,000, offering an attractive entry point and potential value in the Sacramento market.
CONSRISKS & DEFICIENCIES
- Recently Sold Property
The property was recently sold within the past year on 2026-04-27. The sold price is $225,000.00.
- High Association Fees
The monthly HOA fee of $561 is significant for a one-bedroom unit, which increases the total monthly carrying cost and may impact buyer affordability.
- Low School Ratings
The assigned local schools, Encina Preparatory and Greer Elementary, have low performance ratings (2 and 3 respectively), which may affect long-term appreciation and appeal to certain buyers.
About 2418 Larkspur Ln #227
Welcome to your boutique oasis on Larkspur Lane. This charming unit features a private waterfront deck overlooking a peaceful setting with ducks, geese, turtles and koi. Enjoy the gentle sound of the water from the deck, whether in the sun or shade. Inside, natural light creates a bright, inviting atmosphere. The bedroom offers two closets, mounted nightstand fixtures and a cozy nook perfect for a vanity or workspace. The whimsical kitchen includes beautiful tile, glass-front cabinetry, a refrigerator, microwave and dishwasher. The unit also includes a washer and dryer for in-home laundry. The tiled bathroom provides convenient vanity storage. In the living area, large windows and a sliding glass door frame view of turquoise water, vibrant orange flowers and visiting hummingbirds.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1974
- Lot Size
- 1,738 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $561 / 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 • 7.5 mi
7/10
Encina Preparatory High School
Grades 6-12 • 0.6 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 1.8 |
| Square foot | 760 | 1,038.082 |
| Lot Size | 1,738 | 1,678.212 |
| Price | $234.0K | $276.4K |
| Price per sq ft | $308 | $270 |
| Built year | 1974 | 1984 |
| HOA | $561 | $420 |
| Days on market | 101 | 62 |
Pricing History
Listed for Sale
Oct 23, 2026
$234,000
$239,000
-2% Price Drop
Initial Listing
Price Change
Aug 15, 2026
$239,000
$249,900
-4% Price Drop
Initial Listing
Price Change
Jul 18, 2026
$249,900
Initial Listing
Sold
Apr 27, 2026
$225,000
Public Record
Sold
Jul 10, 2023
$260,000
Public Record
Sold
Jun 28, 2019
$170,000
Public Record
Sold
Oct 31, 2007
$115,000
Public Record