3060 Great Falls Way, Sacramento, CA 95826, Sacramento, 95826 - 4 bed, 2 bath
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Sacramento, CA 95826
This Single Family Residence represents a High-Potential Investment Opportunity, listed at $599,000—positioned slightly above the $587,848 Fair Market Value. While the property requires modernization, its Condition Rating of 4 and 11,090 sqft lot provide significant upside for forced appreciation. The proximity to Sacramento State University ensures strong rental demand, while the built-in pool and ADU potential offer versatile value-add options. This property is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a property with long-term growth potential in a prime location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3060 Great Falls Way Subject | $599,000* List Price | 4 | 2 | 1,725 | $341 | - |
A 8340 Marina Greens Way Pending | $685,000 List Price | 4 | 3 | 1,877 | $365 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1969, the home features recent cosmetic improvements like LVP flooring and fresh paint. However, the kitchen remains dated with older painted cabinetry, tile countertops, and a vintage wall oven. While move-in ready, the core systems and finishes in the kitchen and likely baths are over 20 years old and require modernization.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11090, living area = 1725.
Situated just two miles from Sacramento State University in the desirable College Glen area, this property offers high rental demand and excellent potential for student housing or long-term appreciation.
The oversized 11,090 sqft lot is a rare find, providing ample space for the addition of an Accessory Dwelling Unit (ADU), gardening, or further recreational improvements to increase property value.
Built in 1969, the property may require upcoming maintenance or upgrades to major systems like roofing, plumbing, or electrical that are common in homes of this vintage despite cosmetic updates.
The current list price of $599,000 reflects very minimal appreciation from its 2022 sale price of $585,000, suggesting a potential ceiling on short-term equity gains in the current market.
Opportunity awaits with this single-story 4-bedroom, 2-bath home located in the desirable College Glen area featuring an updated interior, fabulous layout, built-in pool, and an oversized backyard with endless potential. Investors and savvy buyers will appreciate the desirable location and close proximity to the Sac State college (2miles), making it an excellent option for rental income, student housing, or future appreciation. Inside, you'll find comfortable living spaces and modern updates that make the home move-in ready. Step outside to enjoy the built-in pool, perfect for relaxing or entertaining, while the huge backyard offers plenty of room for possible ADU, gardening, recreation, or additional improvements. Whether you're looking to add to your investment portfolio or find a home in a prime location, this property offers outstanding value and opportunity. Also includes access to swim and racquet club
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,725 | - |
| Lot Size | 11,090 | - |
| Price | $599.0K | $505.7K |
| Price per sq ft | $347 | $341 |
| Built year | 1969 | 0 |
| HOA | $0 | $0 |
| Days on market | 26 | 42 |
Jun 26, 2026
$599,000
Initial Listing
Oct 11, 2022
$585,000
Public Record