
Sacramento, CA 95826
This property presents a High-Potential Investment Opportunity with a List Price of $529,000—positioned well below the $544,543 Fair Market Value by 2%. This valuation gap offers $15,543 in Instant Equity. Featuring a 4 BD, 2 BA layout with a pool and covered patio, the home has a Condition Rating of 4, indicating a need for cosmetic modernization. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build value through strategic updates in a recreation-rich neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2729 Payette Drive Subject | $529,000* List Price | 4 | 2 | 1,983 | $275 | - |
A 9188 Starina Way Sold | $530,000 | 4 | 3 | 1,834 | $289 | 0.5 mi |
B 8921 Rosewood Drive Sold | $589,000 | 5 | 3 | 2,118 | $278 | 0.8 mi |
C 9104 Feather River Way Sold | $520,000 | 3 | 2 | 1,625 | $320 | 0.1 mi |
D 9243 Carla Way Sold | $425,000 | 5 | 3 | 2,007 | $212 | 0.4 mi |
E 3204 Pennelope Court Sold | $518,000 | 3 | 2 | 1,605 | $323 | 0.7 mi |
F 3356 S. Port Drive Sold | $490,000 | 3 | 2 | 1,472 | $333 | 0.8 mi |
G 9057 Caldera Way Sold | $505,000 | 3 | 2 | 1,480 | $341 | 0.4 mi |
H 3581 Imperial Way Sold | $485,000 | 3 | 2 | 1,640 | $296 | 1.0 mi |
I 8961 La Riviera Drive Pending | $499,000 List Price | 5 | 3 | 1,836 | $272 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1964, the home shows partial cosmetic updates such as LVP flooring and granite countertops likely installed 10-15 years ago. However, the kitchen cabinetry, black appliances, and bathroom tile work are significantly dated (20+ years). The presence of popcorn ceilings and older systems suggests the property needs minor repairs and aesthetic modernization to meet current market standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8190, living area = 1983.
Situated in the Larchmont Riviera neighborhood, the home offers exceptional access to the American River Parkway, Larchmont Park, and Sacramento State, making it ideal for outdoor enthusiasts.
The property features a spacious backyard with a pool and a large covered patio, complemented by a convenient exterior-access laundry room perfect for poolside living.
Built in 1964, the home may require updates to its original systems and finishes to meet modern aesthetic and efficiency standards.
The assigned local schools have modest ratings, which may be a consideration for buyers prioritizing high-performing educational districts.
Located in the established Larchmont Riviera neighborhood, this charming 4 BD, 2 BA home offers convenient access to the American River Parkway, Sacramento State, Larchmont Park, light rail, shopping, dining, and major commuter routes. Whether you're enjoying a walk or bike ride along the river, spending time in nearby parks, or commuting throughout the Sacramento area, this location offers exceptional convenience for everyday living. With a unique layout that flows from the dining area to the kitchen, living room, and family room, this home offers inviting spaces for gathering with family and friends. The kitchen features bar seating and a pass-through to the family room, making it easy to visit with guests while preparing meals. The living room is anchored by a wood-burning fireplace with a gas starter, creating a cozy setting for winter evenings. The family room is bright and welcoming with two skylights and sliding glass doors on two sides, bringing in abundant natural light and opening to the backyard. A spacious covered patio overlooks the pool, creating a wonderful place for outdoor dining, barbecues, or relaxing poolside during the warmer months. A convenient exterior door leads directly from the backyard into the laundry room, making it easy to leave towels and pool gear behind without walking through the main living areas. Full of character, this home offers a wonderful opportunity in one of Sacramento's most convenient and recreation-rich neighborhoods.
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades K-6 • 0.4 mi
Grades 7-8 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,983 | - |
| Lot Size | 8,190 | - |
| Price | $529.0K | $505.7K |
| Price per sq ft | $267 | $341 |
| Built year | 1964 | 0 |
| HOA | $0 | $0 |
| Days on market | 6 | 42 |
Jul 16, 2026
$529,000
Initial Listing