40 American River Canyon Dr, Folsom, CA 95630, Folsom, 95630 - 3 bed, 2 bath
Loading property details...
40 American River Canyon Dr
Folsom, CA 95630
ACTIVE
CONDITION: GOOD
3Beds
2Baths
1,437Sq Ft
7,767Lot Size
Property Price
LIST PRICE$565,000
EST. MARKET VALUE
$602,081
6% BelowMARKET VALUE
SUMMARY
This Turnkey Single-Family Residence represents a Strong Value Opportunity, listed at $565,000—positioned well below the $602,082 Fair Market Value by 6%. This valuation gap provides $37,082 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home offers a refreshed interior with modern lighting and LVP flooring. Located in a top-tier district with 10/10 rated schools, this property is an ideal acquisition for Owner-Occupants or first-time buyers seeking long-term value.
Estimated Market Value
$602,081+$37,081 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Folsom.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 40 American River Canyon Dr Subject 3 bd · 2 ba · 1,437 sqft · $419 | $565,000* List Price | 3 | 2 | 1,437 | $419 | - |
A 112 Sourdough Court Sold 3 bd · 2 ba · 1,230 sqft · $487 · 1.0 mi | $598,500 | 3 | 2 | 1,230 | $487 | 1.0 mi |
B 103 Sage Flat Court Sold 2 bd · 3 ba · 1,867 sqft · $351 · 0.5 mi | $655,000 | 2 | 3 | 1,867 | $351 | 0.5 mi |
C 9544 Central Ave Pending 3 bd · 2 ba · 1,359 sqft · $460 · 0.9 mi | $625,000 List Price | 3 | 2 | 1,359 | $460 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1990 (34 years old), the property has been recently refreshed with new LVP flooring, fresh interior paint, and modern lighting. The kitchen is functional and move-in ready with granite countertops and updated stainless steel appliances. While the bathrooms and kitchen cabinetry are dated, the overall maintenance and recent surface updates qualify it as move-in ready.
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 = 7767, living area = 1437.
- Great Schools
Elementary School: Oakhills Elementary School (10/10). Middle School: Willma Cavitt Junior High School (10/10). High School: Granite Bay High School (10/10).
- Prime Folsom Location
Situated in the desirable American River Canyon area, the property offers immediate access to the American River, scenic biking trails, and Historic Folsom's premier dining and shopping.
CONSRISKS & DEFICIENCIES
- Modest Living Square Footage
With 1,437 square feet of living space, the home is relatively compact for a three-bedroom layout, which may be a limitation for buyers seeking expansive indoor common areas.
- Unfinished Bonus Space
The loft above the garage is currently limited to storage use, requiring further capital investment and permitting to convert it into functional living or office space.
About 40 American River Canyon Dr
Discover a little more space, a lot more possibility, and an incredible Folsom location! Nestled in an established neighborhood, this inviting 3-bedroom, 2-bath home offers 1,437 sq. ft. of thoughtfully designed living space on a generous .1783-acre lot. Step inside to find a refreshed interior featuring updated flooring, fresh paint, and modern lighting that give the home a clean, contemporary feel. The location is hard to beat! Spend your weekends exploring Historic Folsom, enjoying the American River, biking scenic trails, or discovering nearby restaurants and shops. With Folsom's highly regarded schools and an abundance of outdoor recreation close by, there's something for everyone to enjoy. Looking for a little extra flexibility? The loft area above the attached two-car garage offers valuable bonus storage space and possibilities for future use. Whether you're downsizing, purchasing your first home, or simply looking for a great opportunity in Folsom, this property delivers an appealing combination of location, comfort, and potential. With its spacious lot, recent improvements, and convenient location, this is an opportunity to make Folsom home at an attractive value. Come see the possibilities for yourself!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1990
- Lot Size
- 7,767 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $37 / Month
Neighborhood Insights
Folsom Unified Schools
Ottomon Way Elementary School
Grades K-5 • 0.5 mi
4/10
Carl H. Sundahl Elementary School
Grades K-6 • 0.8 mi
7/10
Twin Lakes Elementary School
Grades K-6 • 2.3 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.7 |
| Baths | 2.0 | 2.8 |
| Square foot | 1,437 | 2,072.901 |
| Lot Size | 7,767 | 7,191.083 |
| Price | $565.0K | $785.6K |
| Price per sq ft | $393 | $387 |
| Built year | 1990 | 1999 |
| HOA | $37 | $169 |
| Days on market | 11 | 44 |
Pricing History
Listed for Sale
Oct 13, 2026
$565,000
Initial Listing
Sold
Mar 25, 2025
$535,000
Public Record