
Sacramento, CA 95838
This 1.5-Acre Residential Estate represents a High-Potential Investment Opportunity, listed at $649,000—positioned well above the $589,609 Fair Market Value by -10%. While priced at a premium, the property features a Condition Rating of 3 with significant 2015/2016 updates and a fully fenced, gated perimeter. The rare 4-parcel configuration offers substantial development flexibility. This asset is best suited for Buy-and-Hold Investors or Owner-Occupants prioritizing land utility and privacy over immediate school district performance.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3616 del paso Subject | $649,000* List Price | 2 | 2 | 1,484 | $397 | - |
A 2308 Roanoke Avenue Pending | $510,000 List Price | 3 | 2 | 1,512 | $337 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1941, the property underwent a significant update in 2015/2016 (approx. 8-9 years ago), placing it within the 5-15 year renovation window. It is described as well-maintained and move-in ready with recent paint and functional exterior upgrades.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 14810, living area = 1484.
The property sits on a rare 1.5-acre lot comprised of four separate parcels, offering significant privacy and unique opportunities for future development, subdivision, or expansion.
The entire perimeter is enclosed by a wood fence and features an electric gate, providing a secure and private retreat within the city limits.
With only two bedrooms, the home may have limited appeal for larger families or buyers requiring multiple guest rooms and home offices.
The property is served by several schools with lower performance ratings, which may be a concern for education-focused families and could impact future resale value.
Rare opportunity in Sacramento! Well-maintained 3 bedroom, 2 bathroom, 1,487 sq. ft. home on over 1.5 acres with a total of 4 parcels included. Home was updated in approximately 2015/2016 and has been recently painted. The entire property is fenced with a wood privacy fence and features an electric gate for added privacy and security. This large usable lot offers excellent flexibility for an owner-user, investor, builder, or buyer needing extra space. Great opportunity for possible future development or to enjoy the property as-is. Buyer to verify zoning, parcel use, and any development. A truly must-see property with land, privacy, and possibilities!
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades K-5 • 0.6 mi
Grades K-6 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 20% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,484 | 1,200 | 71% |
| Lot Size | 14,810 | 6,534 | 88% |
| Price | $649.0K | $382.0K | 94% |
| Price per sq ft | $437 | $333 | 90% |
| Built year | 1941 | 1970 | 9% |
| HOA | $0 | $0 | 50% |
| Days on market | 14 | 212 | 1% |
May 23, 2026
$649,000
Initial Listing
Apr 13, 2016
$225,000
Public Record
Jul 24, 2015
$157,000
Public Record
Dec 21, 2011
$185,000
Public Record