2813 Panay Court, Carmichael, CA 95608, Carmichael, 95608 - 4 bed, 3 bath
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Carmichael, CA 95608
This Turnkey Multi-Generational Residence is listed at $689,000—positioned well below the $694,372 Fair Market Value by 1%. This valuation gap provides $5,372 in Instant Equity. Boasting a Mint Condition Rating, the home features a newly remodeled kitchen, refinished hardwoods, and a new roof. The standout 650 sqft in-law suite and backyard Palapa with a large deck offer exceptional lifestyle flexibility and rental potential. Located near Ancil Hoffman Park, this home is a premier choice for Owner-Occupants or multi-generational families seeking a polished, income-generating sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2813 Panay Court Subject | $689,000* List Price | 4 | 3 | 1,843 | $377 | - |
A 3231 Garfield Avenue Sold | $678,000 | 4 | 2 | 2,070 | $328 | 0.8 mi |
B 2300 Homewood Way Sold | $593,850 | 4 | 2 | 1,369 | $434 | 0.9 mi |
C 6310 Palm Drive Sold | $620,000 | 3 | 2 | 1,734 | $358 | 0.4 mi |
D 2546 El Vita Way Pending | $715,000 List Price | 4 | 2 | 1,866 | $383 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1957, the property has undergone a high-end renovation within the last 5 years. It features a newly remodeled kitchen with modern shaker cabinets, quartz countertops, farmhouse sink, and stainless steel appliances. Additionally, the home boasts a new roof, refinished hardwood floors, and updated interior finishes, placing it in mint, move-in-ready condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10132, living area = 1843.
The property features a 650 sq ft attached in-law suite with its own kitchen and bathroom, providing an excellent opportunity for rental income, a home office, or multigenerational living.
A new roof, a fully remodeled kitchen, and refinished original hardwood floors offer immediate equity and peace of mind, reducing the need for near-term capital improvements.
Originally built in 1957, the home may have older underlying systems such as plumbing or electrical that could require maintenance despite the recent cosmetic and roof updates.
With 650 sq ft dedicated to the in-law suite, the primary living area may feel relatively compact for a four-bedroom home within the total 1,843 sq ft footprint.
Welcome to this beautifully updated home in one of Carmichael's most desirable neighborhoods, offering comfort, flexibility, and exceptional outdoor living. The home features a newly remodeled kitchen, refinished original hardwood floors, and a new roof providing peace of mind. The versatile layout includes an attached in-law suite with full bathroom and kitchen, approximately 650 sq ft, ideal for rental income, multigenerational living, or extended guests. Step outside to an amazing backyard designed for entertaining, complete with a large deck and a unique Palapa perfect for hosting BBQs, weddings, parties, and holidays. The Palapa also offers potential for conversion into an ADU. Located just one mile from Ancil Hoffman Park and golf course and approximately 20 minutes to downtown Sacramento, this property offers a rare blend of lifestyle, location, and opportunity.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 1,843 | - |
| Lot Size | 10,132 | - |
| Price | $689.0K | $576.3K |
| Price per sq ft | $374 | $376 |
| Built year | 1957 | 0 |
| HOA | $0 | $0 |
| Days on market | 93 | 35 |
Apr 20, 2026
$689,000
Initial Listing
Jul 28, 2003
$328,000
Public Record