3060 Great Falls Way, Sacramento, CA 95826, Sacramento, 95826 - 4 bed, 2 bath
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3060 Great Falls Way
Sacramento, CA 95826
ACTIVE
CONDITION: GOOD
4Beds
2Baths
1,725Sq Ft
11,090Lot Size
Property Price
LIST PRICE$575,000
EST. MARKET VALUE
$585,094
SUMMARY
This Single-Family Residence represents a High-Potential Investment Opportunity, listed at a List Price of $575,000—positioned well below the $585,094 Fair Market Value by 1.7%. This valuation gap offers $10,094 in Instant Equity. With a Condition Rating of 3, the home features modern updates and a built-in pool on an expansive 11,090 sqft lot with ADU potential. Located two miles from Sac State, this property is ideal for Buy-and-Hold Investors or Owner-Occupants seeking long-term appreciation.
Estimated Market Value
$585,094
Based on Realkey algorithm analyzing recent comparable sales in Sacramento.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3060 Great Falls Way Subject 4 bd · 2 ba · 1,725 sqft · $339 | $575,000* List Price | 4 | 2 | 1,725 | $339 | - |
A 8437 Lake Forest Sold 4 bd · 2 ba · 1,622 sqft · $394 · 0.2 mi | $639,000 | 4 | 2 | 1,622 | $394 | 0.2 mi |
B 106 Lido Circle Sold 3 bd · 2 ba · 1,520 sqft · $319 · 0.6 mi | $485,000 | 3 | 2 | 1,520 | $319 | 0.6 mi |
C 8077 Caribbean Way Sold 3 bd · 2 ba · 1,700 sqft · $353 · 0.7 mi | $600,000 | 3 | 2 | 1,700 | $353 | 0.7 mi |
D 8538 Everglade Drive Sold 3 bd · 2 ba · 1,514 sqft · $330 · 0.2 mi | $500,000 | 3 | 2 | 1,514 | $330 | 0.2 mi |
E 8030 La Riviera Drive Sold 3 bd · 2 ba · 1,610 sqft · $345 · 0.8 mi | $555,000 | 3 | 2 | 1,610 | $345 | 0.8 mi |
F 2545 Notre Dame Drive Sold 3 bd · 2 ba · 1,433 sqft · $333 · 0.4 mi | $477,000 | 3 | 2 | 1,433 | $333 | 0.4 mi |
G 8421 Hollins Ct Active 4 bd · 2 ba · 1,715 sqft · $335 · 0.1 mi | $574,900 List Price | 4 | 2 | 1,715 | $335 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 1969, the home is well-maintained and marketed as move-in ready. It features recent cosmetic updates including new luxury vinyl plank flooring and fresh interior paint. While the kitchen is functional with painted cabinetry, it remains dated with older tile countertops and appliances, preventing an 'excellent' rating.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
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.
- Prime Investment Location
Situated just two miles from Sacramento State University in the desirable College Glen area, this property offers exceptional potential for rental income, student housing, or long-term appreciation.
- Expansive Lot with ADU Potential
The oversized 11,090 sqft lot includes a built-in pool and significant cleared space, providing a rare opportunity for gardening, recreation, or the construction of an Accessory Dwelling Unit (ADU).
CONSRISKS & DEFICIENCIES
- Aging Infrastructure
Originally built in 1969, the property may require future capital expenditures for aging major systems such as plumbing, electrical, or roofing that are common in homes of this era.
- Recent Value Depreciation
The current list price of $575,000 is lower than the 2022 sale price of $585,000, indicating a lack of short-term appreciation or a shift in local market conditions.
About 3060 Great Falls Way
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
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1969
- Lot Size
- 11,090 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,725 | 1,541.53 |
| Lot Size | 11,090 | 6,320.667 |
| Price | $575.0K | $503.2K |
| Price per sq ft | $333 | $331 |
| Built year | 1969 | 1975 |
| HOA | $0 | $130 |
| Days on market | 9 | 47 |
Pricing History
Listed for Sale
Oct 15, 2026
$575,000
Initial Listing
Sold
Oct 11, 2022
$585,000
Public Record