3846 Red Algae Way, Placer One, CA 95747, Placer One, 95747 - 3 bed, 3 bath
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3846 Red Algae Way
Placer One, CA 95747
ACTIVE
CONDITION: EXCELLENT
3Beds
3Baths
1,708Sq Ft
3,924Lot Size
Property Price
LIST PRICE$555,881
EST. MARKET VALUE
$578,001
3% BelowMARKET VALUE
SUMMARY
This Stunning Move-In Ready Home is a Prime Investment Opportunity, listed at $555,881—positioned well below the $578,002 Fair Market Value by 3%. This valuation gap offers $22,121 in Instant Equity for the buyer. Featuring a Condition Rating of 2, this brand-new construction includes modern quartz countertops and luxury vinyl plank flooring. Located in the master-planned Placer One community, it offers a lifestyle of convenience. This property is an ideal acquisition for first-time buyers or owner-occupants seeking a modern, low-maintenance residence.
Estimated Market Value
$578,001+$22,120 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Placer One.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3846 Red Algae Way Subject 3 bd · 3 ba · 1,708 sqft · $338 | $555,881* List Price | 3 | 3 | 1,708 | $338 | - |
A 2763 Spooner Way Sold 3 bd · 2 ba · 1,709 sqft · $369 · 0.3 mi | $629,990 | 3 | 2 | 1,709 | $369 | 0.3 mi |
B 2513 Kelp Road Sold 4 bd · 3 ba · 1,708 sqft · $332 · 0.1 mi | $566,524 | 4 | 3 | 1,708 | $332 | 0.1 mi |
C 1890 Verrazona Drive Sold 3 bd · 2 ba · 1,583 sqft · $379 · 0.6 mi | $600,000 | 3 | 2 | 1,583 | $379 | 0.6 mi |
D 1866 Verrazona Drive Sold 3 bd · 2 ba · 1,486 sqft · $403 · 0.6 mi | $599,000 | 3 | 2 | 1,486 | $403 | 0.6 mi |
E 3939 Red Algae Way Sold 3 bd · 2 ba · 1,552 sqft · $349 · 0.1 mi | $542,121 | 3 | 2 | 1,552 | $349 | 0.1 mi |
F 2036 Vignolia Loop Sold 3 bd · 3 ba · 2,011 sqft · $308 · 0.7 mi | $620,000 | 3 | 3 | 2,011 | $308 | 0.7 mi |
G 3903 Red Algae Way Active 3 bd · 3 ba · 1,708 sqft · $293 · 0.1 mi | $499,990 List Price | 3 | 3 | 1,708 | $293 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Brand new construction home in a master-planned community. Features modern amenities including quartz countertops, stainless steel appliances, and luxury vinyl plank flooring. All systems, including required solar, are new and in mint condition with no maintenance required.
PROSSTRENGTHS & OPPORTUNITIES
- Strategic Master-Planned Location
Situated within the Placer One master plan, the property offers exceptional long-term value due to its proximity to a future town center, the upcoming Sacramento State Placer Campus, and major transit corridors like Highway 65.
- Modern Interior Finishes
The home features high-demand contemporary upgrades, including quartz countertops, stainless steel appliances, and luxury vinyl plank flooring, providing a stylish and move-in-ready environment.
- Functional Floor Plan
The layout is highly optimized for modern living, featuring an open-concept great room, a primary suite with a spacious walk-in closet, and the convenience of an upstairs laundry room and extra garage storage.
CONSRISKS & DEFICIENCIES
- Mandatory Solar Costs
The requirement for solar—available only via lease or purchase—adds an unavoidable additional financial commitment or monthly expense beyond the initial list price.
- Compact Lot Size
At 3,924 square feet, the lot size is relatively small, which may limit outdoor recreational space and privacy compared to more established suburban residential options.
About 3846 Red Algae Way
Homesite 77 at Canterbury at Placer One - Don't miss your chance to own in this exciting new community! This stylish 3-bedroom, 2.5-bath, two-story home features a bright, open layout designed for modern living. The expansive great room flows into a sleek kitchen with quartz countertops, stainless-steel appliances, and generous storage. A convenient first-floor powder bath adds extra functionality for guests. The primary suite offers a peaceful retreat with a spacious walk-in closet and a well-appointed bath featuring a dual-sink vanity and solid-surface countertops. Additional highlights include luxury vinyl plank flooring in key areas, an upstairs laundry room, and extra garage storage. Solar is required, with lease or purchase options available. Located within the Placer One master plan, which includes a future town center with shops and dining, this community offers excellent access to Highway 65 and I-80, top-tier shopping and entertainment, Thunder Valley Casino Resort, the future Sacramento State Placer Campus, Sierra College, golf courses, and major employers.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 0
- Lot Size
- 3,924 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $119 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.8 |
| Baths | 3.0 | 3.2 |
| Square foot | 1,708 | 2,349.8 |
| Lot Size | 3,924 | 6,203.4 |
| Price | $555.9K | $758.0K |
| Price per sq ft | $325 | $330 |
| Built year | 0 | 2026 |
| HOA | $119 | $0 |
| Days on market | 13 | 103 |
Pricing History
Listed for Sale
Oct 11, 2026
$555,881
Initial Listing