
Folsom, CA 95630
This Spacious Single-Family Residence represents a Strong Value Opportunity, listed at $1,280,000—positioned well below the $1,294,125 Fair Market Value by 1%. This valuation gap offers $14,125 in Instant Equity. With a Fair Condition Rating, the property features a 4,020 sqft layout, pool and spa, and RV access. Zoned for top-tier schools like Oakhills Elementary and Granite Bay High, this home is an ideal acquisition for Owner-Occupants seeking to build equity through modernization or Value-Add Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 291 Alpine Falls Drive Subject | $1,280,000* List Price | 5 | 4 | 4,020 | $322 | - |
A 361 Canyon Falls Drive Sold | $1,100,000 | 4 | 3 | 3,173 | $347 | 0.4 mi |
B 140 Pinnacle Butte Court Sold | $1,282,000 | 5 | 4 | 3,322 | $386 | 0.3 mi |
C 100 Hinkle Court Sold | $1,165,000 | 4 | 3 | 3,822 | $305 | 0.7 mi |
D 166 American River Canyon Drive Sold | $1,100,000 | 4 | 3 | 2,719 | $405 | 0.7 mi |
E 148 Carmody Circle Sold | $1,075,000 | 5 | 3 | 3,146 | $342 | 0.8 mi |
F 125 Knob Fork Court Pending | $975,000 List Price | 5 | 4 | 3,927 | $248 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2002, this 22-year-old property is in original condition with dated features such as early-2000s granite countertops. The listing description explicitly suggests that the home needs updates to reach its full potential, placing it squarely in the 'Fair' category due to age and the need for modernization of systems and finishes.
Elementary School: Oakhills Elementary School (10/10). Middle School: Willma Cavitt Junior High School (10/10). High School: Granite Bay High School (10/10).
The property is zoned for top-tier schools, including Granite Bay High and Oakhills Elementary, both boasting perfect 10/10 ratings, which significantly bolsters long-term value.
The backyard features a private pool and spa for entertainment, complemented by rare RV access that provides essential storage for outdoor enthusiasts.
The property description indicates a need for updates to reach its full potential, suggesting that buyers should budget for immediate renovations to modernize the interior.
The combination of a large 2002-built structure, extensive square footage, and pool/spa facilities will likely result in higher-than-average utility and ongoing maintenance costs.
This property, situated in the desirable American River Canyon North neighborhood, presents a functional layout ideal for family living. It features five spacious bedrooms, a den that can easily be transformed into a home office, and an extra room that serves as a great space for entertaining or relaxing. Upon entering, you will find attractive details such as granite countertops in both the kitchen and bathrooms, as well as elegant wrought-iron stair railings. The home also includes convenient RV access, catering to outdoor storage needs. The landscaped front yard adds curb appeal, while the backyard offers a pool and spa, creating an excellent environment for gatherings or personal relaxation. With some updates, this unique home could truly reflect the vision of its new owners, making it an excellent choice for buyers looking to add their personal touch and enhance its overall appeal.
No exterior & parking available.
Grades K-5 • 1.1 mi
Grades K-6 • 1.2 mi
Grades PK-3 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.5 |
| Baths | 4.0 | 2.7 |
| Square foot | 4,020 | 2,083.849 |
| Lot Size | 10,986 | 6,955.675 |
| Price | $1.28M | $776.4K |
| Price per sq ft | $318 | $390 |
| Built year | 2002 | 2000 |
| HOA | $0 | $171 |
| Days on market | 15 | 46 |
Aug 25, 2026
$1,280,000
Initial Listing
Nov 27, 2002
$650,000
Public Record
Oct 30, 2000
$130,000
Public Record