309 Savoy, Rio Linda, CA 95673, Rio Linda, 95673 - 3 bed, 2 bath
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309 Savoy
Rio Linda, CA 95673
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,294Sq Ft
10,019Lot Size
Property Price
LIST PRICE$459,000
EST. MARKET VALUE
$437,245
4% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $459,000—positioned well below the $437,246 Fair Market Value by -4%. While the property is currently priced above market, the expansive 10,019 sqft lot and RV Access provide significant Development Potential for an ADU, offering a clear path to forced appreciation. With a Condition Rating of 4, the home requires cosmetic updates to modernize its 1977 infrastructure. This asset is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build long-term value through strategic improvements.
Estimated Market Value
$437,245
Based on Realkey algorithm analyzing recent comparable sales in Rio Linda.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 309 Savoy Subject | $459,000* List Price | 3 | 2 | 1,294 | $338 | - |
A 7341 Elverta Rail Way Sold | $500,000 | 3 | 2 | 1,331 | $376 | 0.2 mi |
B 325 Archway Avenue Sold | $405,000 | 3 | 2 | 1,283 | $316 | 0.4 mi |
C 607 Quebec Sold | $410,000 | 3 | 2 | 1,410 | $291 | 0.6 mi |
D 208 Shady Valley Court Sold | $425,000 | 3 | 2 | 1,209 | $352 | 0.8 mi |
E 713 Albemarle Avenue Sold | $440,000 | 3 | 2 | 1,100 | $400 | 0.7 mi |
F 421 Penn Central Active | $480,000 List Price | 3 | 2 | 1,166 | $412 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1977 (47 years old) with no mention of recent renovations to kitchen, baths, or major systems. While the agent describes it as 'top notch' for the area, the property's age and exterior appearance suggest it is likely dated and will require minor repairs and cosmetic updates to meet modern standards.
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 = 10019, living area = 1294.
- Development Potential
The expansive 10,019 sqft lot provides significant space for a potential Accessory Dwelling Unit (ADU), offering excellent value-add or multi-generational living opportunities.
- RV & Boat Storage
The property features dedicated RV access, a highly sought-after amenity in the Rio Linda area for homeowners with recreational vehicles or trailers.
CONSRISKS & DEFICIENCIES
- Aging Infrastructure
Built in 1977, the home may require updates to major systems or cosmetic modernizations to meet current contemporary standards.
- Modest Interior Square Footage
At 1,294 square feet, the interior living space is relatively compact for a three-bedroom residence, which may limit appeal for buyers seeking larger communal areas.
About 309 Savoy
Top Notch home for the area. This 3 bedroom 2 bath home is an amazing catch. RV access to a huge huge backyard with ADU opportunity.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1977
- Lot Size
- 10,019 Sq. Ft.
Interior
- Total Bedrooms
- 3
- 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 | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,294 | 1,372.476 |
| Lot Size | 10,019 | 8,794.714 |
| Price | $459.0K | $451.3K |
| Price per sq ft | $355 | $359 |
| Built year | 1977 | 1980 |
| HOA | $0 | $0 |
| Days on market | 43 | 36 |
Pricing History
Listed for Sale
Jul 28, 2026
$459,000
Initial Listing