2615 Water Tree Way, Sacramento, CA 95826, Sacramento, 95826 - 4 bed, 2 bath
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Sacramento, CA 95826
This 4-bedroom Single Family Residence is a Strong Value Opportunity, listed at $499,999—positioned well below the $506,035 Fair Market Value by 1%. This valuation gap offers $6,036 in Instant Equity. Featuring a Condition Rating of 3, the home includes a brand-new AC unit, modern LVP flooring, and a spacious 7,000 sq. ft. corner lot with a private patio. While local school ratings vary, the proximity to Sacramento State and downtown ensures high demand. This is an ideal acquisition for Owner-Occupants or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2615 Water Tree Way Subject | $499,999* List Price | 4 | 2 | 1,465 | $345 | - |
A 8714 Grayling Way Sold | $455,000 | 3 | 2 | 1,280 | $355 | 0.4 mi |
B 9057 Caldera Way Sold | $505,000 | 3 | 2 | 1,480 | $341 | 0.5 mi |
C 2608 Mackinaw Way Sold | $415,000 | 4 | 2 | 1,139 | $364 | 0.3 mi |
D 8944 sutters gold Sold | $475,000 | 3 | 2 | 1,249 | $380 | 0.8 mi |
E 8924 Twin Falls Drive Sold | $495,000 | 2 | 3 | 1,595 | $310 | 0.3 mi |
F 8964 Sutters Gold Drive Sold | $506,500 | 3 | 2 | 1,428 | $355 | 0.8 mi |
G 9143 Linda Rio Drive Sold | $499,995 | 3 | 2 | 1,402 | $357 | 0.7 mi |
H 2650 Water Tree Way Active | $520,000 List Price | 3 | 2 | 1,486 | $350 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1964 but features significant recent updates including a brand-new AC unit (2024), modern LVP flooring, and recessed lighting. While the kitchen cabinetry and exterior landscaping are dated, the interior is well-maintained, functional, and move-in ready, fitting the 5-15 year renovation profile.
Situated in the desirable La Riviera area, the property offers exceptional proximity to the American River Parkway, Sacramento State, and downtown, making it ideal for outdoor enthusiasts and commuters alike.
The installation of a brand-new AC unit this year provides significant immediate value, ensuring energy efficiency and climate comfort in Sacramento's warm climate without the need for near-term capital expenditure.
The generous 7,000 sq. ft. corner lot provides a sense of privacy and extra outdoor space, featuring mature greenery and a functional layout that is rare for this price point.
Built in 1964, the home may require cosmetic modernization or updates to original systems to meet the aesthetic and functional standards of contemporary buyers.
The local elementary school carries a lower rating of 3, which could be a deterrent for families prioritizing high-performing educational districts or long-term appreciation tied to school quality.
Welcome to this well-maintained 4-bedroom, 2-bath home located in the desirable La Riviera area of Sacramento. Situated on a spacious 7,000 sq. ft. corner lot, this property offers a functional layout, comfortable living spaces, and a private backyard surrounded by mature greeneryperfect for relaxing or entertaining. A brand-new AC unit installed this year provides added comfort and peace of mind. Conveniently located near the American River Parkway, shopping, dining, Sacramento State, downtown Sacramento, and easy freeway access. Don't miss this fantastic opportunity to own a home in one of Sacramento's most established neighborhoods.
No exterior & parking available.
Grades K-6 • 0.2 mi
Grades K-6 • 0.7 mi
Grades 7-8 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,465 | - |
| Lot Size | 7,000 | - |
| Price | $500.0K | $505.7K |
| Price per sq ft | $341 | $341 |
| Built year | 1964 | 0 |
| HOA | $0 | $0 |
| Days on market | 27 | 42 |
Jun 25, 2026
$499,999
Initial Listing
Nov 16, 2022
$450,000
Public Record