2462 Larkspur Lane 345, Sacramento, CA 95825, Sacramento, 95825 - 2 bed, 1 bath
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2462 Larkspur Lane 345
Sacramento, CA 95825
ACTIVE
CONDITION: GOOD
2Beds
1Baths
1,000Sq Ft
3,141Lot Size
Property Price
LIST PRICE$220,000
EST. MARKET VALUE
$208,616
5% AboveMARKET VALUE
SUMMARY
This Turnkey Condominium is a Strong Value Opportunity, listed at $220,000—positioned well above the $208,616 Fair Market Value by 5%. While priced slightly above market, the property offers a Condition Rating of 3 with modern laminate flooring and renovated vanity, ensuring a move-in ready experience. Residents enjoy a Waterfront View and resort-style amenities including Pools, Gym, and Tennis Courts. Despite lower-rated local schools, this serene, gated community is an ideal acquisition for first-time buyers or Owner-Occupants seeking a peaceful, low-maintenance lifestyle.
Estimated Market Value
$208,616
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 |
|---|---|---|---|---|---|---|
★ 2462 Larkspur Lane 345 Subject | $220,000* List Price | 2 | 1 | 1,000 | $209 | - |
A 1019 Dornajo Way 233 Sold | $205,000 | 2 | 2 | 968 | $212 | 0.2 mi |
B 2280 Hurley Way 36 Sold | $186,000 | 2 | 2 | 1,105 | $168 | 0.5 mi |
C 861 Woodside Lane 6 Sold | $190,000 | 1 | 1 | 682 | $279 | 0.4 mi |
D 2280 Hurley Way 61 Sold | $200,000 | 2 | 2 | 1,105 | $181 | 0.5 mi |
E 1519 Hood Road F Sold | $259,000 | 2 | 2 | 1,207 | $215 | 0.7 mi |
F 524 Woodside Oaks 8 Sold | $183,000 | 1 | 1 | 733 | $250 | 0.6 mi |
G 953 Fulton Avenue 534 Sold | $154,500 | 1 | 1 | 624 | $248 | 0.2 mi |
H 1039 Fulton Avenue 381 Active | $219,999 List Price | 2 | 1 | 1,000 | $220 | 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.
Although built in 1974, the property has undergone significant cosmetic updates within the 5-15 year range, including modern laminate flooring and a renovated bathroom vanity with stone countertops. The interior features fresh paint and appears well-maintained and move-in ready, offsetting the age of the structure.
PROSSTRENGTHS & OPPORTUNITIES
- Waterfront Living
This lower-level unit features a private waterfront deck with serene lake views, offering a unique 'mountain forest' atmosphere within a gated community.
- Comprehensive Amenities
Residents enjoy access to a wide array of resort-style amenities, including multiple pools, tennis courts, a gym, a clubhouse, and a dog-friendly park.
- Turnkey Condition
The property comes with fresh interior paint and is well-maintained, providing a clean canvas for buyers to move in immediately and add personal touches.
CONSRISKS & DEFICIENCIES
- High HOA Dues
The monthly association fee of $579 is relatively high compared to the listing price, which may impact overall monthly affordability for budget-conscious buyers.
- School District Ratings
The assigned local schools, including Encina Preparatory High and Greer Elementary, have low performance ratings, which may be a drawback for families.
About 2462 Larkspur Lane 345
Welcome to Timberlake Lakefront Condominium Community - a beautiful serene gated community which makes you feel like you are in a mountain forest style living. Enjoy your morning coffee on your water front deck while watching nature pass you by. This lower level unit is in a unique community which offers you so much more than you will find in other similar condominium developments in the region. Clean with fresh paint, ready for your personal touches! Amenities include: Pools, Club House, Tennis Courts, Club House, Gym, and Park to walk your dog.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1974
- Lot Size
- 3,141 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $579 / Month
Neighborhood Insights
Sacramento Unified Schools
Greer Elementary School
Grades K-5 • 0.5 mi
3/10
Harry Dewey Fundamental Elementary School
Grades K-6 • 7.4 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 | 2.0 | 2.0 |
| Baths | 1.0 | 1.7 |
| Square foot | 1,000 | 1,034.367 |
| Lot Size | 3,141 | 1,582.467 |
| Price | $220.0K | $279.1K |
| Price per sq ft | $220 | $273 |
| Built year | 1974 | 1987 |
| HOA | $579 | $412 |
| Days on market | 28 | 58 |
Pricing History
Listed for Sale
Aug 12, 2026
$220,000
Initial Listing
Sold
Jun 16, 2016
$130,500
Public Record
Sold
Jan 31, 2013
$89,000
Public Record