
Carmichael, CA 95608
This Renovated Carmichael Retreat is a High-Potential Investment Opportunity listed at $699,000, representing a stable acquisition at its $699,000 Fair Market Value. Beyond the Renovated Condition Rating and modern quartz-style kitchen, the property’s true value lies in its massive 30,928 sqft lot and RD-5 Zoning. This allows for the potential development of three houses and three ADUs, offering significant long-term upside. Featuring RV and boat parking and a primary walk-in closet, this asset is ideal for Owner-Occupants or Developers seeking a high-utility lifestyle property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3125 Colorado Street Subject | $699,000* List Price | 3 | 2 | 1,783 | $392 | - |
A 3420 Brookside Way Sold | $835,000 | 3 | 2 | 2,250 | $371 | 0.9 mi |
B 2821 Scandia Way Pending | $695,000 List Price | 2 | 3 | 1,737 | $400 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1960, the property has undergone an extensive recent renovation within the last few years. The kitchen features modern two-tone shaker cabinetry, quartz-style countertops, and new stainless steel appliances. The interior boasts consistent new laminate flooring, fresh paint, updated light fixtures, and modernized bathrooms with new tiling and fixtures. The property is move-in ready with no visible deferred maintenance, meeting the standards for a fully renovated home.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 30928, living area = 1783.
Zoned RD-5 on a massive 30,928 sqft lot, this property offers a rare opportunity to potentially develop up to three houses and three ADUs, subject to county approval.
The sprawling 0.71-acre lot provides exceptional privacy, a large driveway for RV and boat parking, and the unique advantage of potential secondary access from Manand Street.
Built in 1960, the property may possess aging core systems or structural components typical of its era that could require more maintenance than a newer build.
While the zoning allows for high density, achieving the maximum build-out requires a potentially lengthy and uncertain approval process through the County of Sacramento.
Welcome to your dream home, a beautifully updated 3-bedroom, 2-bathroom retreat on a sprawling lot in Carmichael that offers both privacy and convenience! Come inside to find updates throughout, along with a large primary walk-in closet, and plenty of storage. Tucked away on a quiet road, this beautiful home sits on a spacious lot offering endless opportunities. The property is zoned for RD-5, which allows 5 dwellings per acre, which if approved by the County of Sacramento, would allow 3 houses and 3 additional dwelling units. There could also be a potential 2nd access to the property from Manand Street. Whether you're dreaming of a garden, outdoor entertainment space, or even future expansion, this property has the room to make it happen. The expansive driveway provides ample parking for multiple vehicles, including additional space for an RV and a boat. Enjoy peaceful surroundings while still being close to everything you need the perfect blend of peace, space, and potential, this home is truly a rare find. If you've been searching for a home that offers both tranquility and room to grow, this is it!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,783 | 1,707 | 57% |
| Lot Size | 30,928 | 9,583 | 96% |
| Price | $699.0K | $570.0K | 73% |
| Price per sq ft | $392 | $361 | 73% |
| Built year | 1960 | 1963 | 36% |
| HOA | $0 | $0 | 50% |
| Days on market | 378 | 167 | 97% |
Jan 30, 2026
$699,000
$749,000
-7% Price Drop
Initial Listing
Apr 9, 2025
$749,000
Initial Listing
Nov 21, 2023
$650,000
Public Record