3000 American River Drive, Sacramento, CA 95864, Sacramento, 95864 - 4 bed, 3 bath
Loading property details...
Sacramento, CA 95864
This Spacious Sierra Oaks Residence is a Strong Value Opportunity, listed at $975,000—positioned well below the $1,035,970 Fair Market Value by 5%. This valuation gap offers $60,970 in Instant Equity for incoming buyers. Maintaining a Good Condition Rating, the interior features a refreshed quartz kitchen and updated wood-look flooring. Located steps from the American River Parkway and elite schools like Jesuit High and Rio Americano, this property balances financial upside with premier lifestyle perks. It is ideal for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3000 American River Drive Subject | $975,000* List Price | 4 | 3 | 2,681 | $386 | - |
A 57 Adler Circle Sold | $930,000 | 4 | 3 | 2,698 | $345 | 0.6 mi |
B 2913 Royce Way Sold | $1,220,000 | 3 | 3 | 2,657 | $459 | 0.2 mi |
C 2836 Latham Drive Sold | $1,200,000 | 4 | 5 | 2,696 | $445 | 0.1 mi |
D Latham Drive Sold | $919,000 List Price | 3 | 3 | 2,107 | 0.2 mi | |
E 2961 Northrop Avenue Sold | $1,025,000 | 4 | 4 | 3,125 | $328 | 1.0 mi |
F 119 Clunie Drive Pending | $1,100,000 List Price | 4 | 3 | 2,493 | $441 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and has undergone significant cosmetic updates. The interior features updated wood-look flooring, fresh neutral paint, recessed lighting, and modern ceiling fans. The kitchen has been refreshed with quartz countertops, a subway tile backsplash, and stainless steel appliances, although the cabinetry appears to be original painted wood. While the home was built in 1964, the overall maintenance and recent aesthetic improvements align with the 'good' condition category.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11326, living area = 2681.
Situated in the highly desirable Sierra Oaks neighborhood, this property offers unparalleled access to the American River Parkway and is within close proximity to elite schools including Jesuit High and Rio Americano.
The property sits on a generous 11,326-square-foot lot featuring a large, private backyard and a covered patio, providing an ideal environment for outdoor entertaining and recreation.
Built in 1964, the home likely requires significant cosmetic or systemic updates to align with modern luxury standards and energy efficiency expectations.
Being located directly on American River Drive, the property may be subject to higher traffic volume and associated street noise compared to homes on quieter interior residential streets.
Welcome to this spacious Sierra Oaks property with so much to offer. Step inside and you will discover 4 generously sized bedrooms and 3 full bathrooms with a large, private back yard. The location is perfect for walkers, bike riders and nature lovers, with the American River Parkway just a short walk away. Within close proximity to award winning schools such as Sierra Oaks Elementary, Rio Americano High School, Jesuit High School, and Country Day, you just can't beat the location. There are lots of shopping and dining options in the area, as well. A nice covered patio and expansive back yard compliment this wonderful property.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 54% |
| Baths | 3.0 | 2.0 | 53% |
| Square foot | 2,681 | 1,832 | 74% |
| Lot Size | 11,326 | 10,119 | 58% |
| Price | $975.0K | $797.5K | 58% |
| Price per sq ft | $364 | $397 | 33% |
| Built year | 1964 | 1954 | 66% |
| HOA | $0 | $0 | 50% |
| Days on market | 29 | 159 | 2% |
Mar 24, 2026
$975,000
Initial Listing
Mar 24, 2017
$595,000
Public Record