401 Picasso Way, Folsom, CA 95630, Folsom, 95630 - 2 bed, 3 bath

401 Picasso Way
Folsom, CA 95630
Property Price
SUMMARY
Analysis of 401 Picasso Way, Folsom, CA 95630 is currently available with a list price of $529,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Folsom Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property was built in 2007, placing it within the 10-20 year range for a 'good' condition score. It is move-in ready with a well-maintained open-concept kitchen, functional central heating and air, and a clean interior that shows minimal wear. While the finishes appear to be largely original to the 2007 construction rather than a recent full renovation, the home is stylish and requires no immediate repairs.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
High School: Vista Del Lago High School (9/10).
- Prime Location & Lifestyle
Situated in the prestigious Rivage at The Parkway, the property offers immediate access to scenic walking trails, parks, and top-tier Folsom amenities.
- Exceptional School District
The home is zoned for highly-rated schools, including Vista Del Lago High (9/10), which significantly enhances its long-term value and appeal to families.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Dues
The $404 monthly association fee adds a significant recurring expense to the overall cost of ownership compared to non-HOA properties.
- Limited Bedroom Count
With only two bedrooms, the property may have limited appeal for larger families or buyers requiring multiple dedicated home office spaces.
About 401 Picasso Way
Stylish Two-Story Condo in Desirable Rivage Community Beautifully located in the sought-after Rivage at The Parkway, this elegant two-story condo offers a thoughtful blend of comfort, functionality, and low-maintenance living in the heart of Folsom. Featuring 2 bedrooms and 2.5 baths across approximately 1,501 sq ft, the well-designed layout is ideal for both everyday living and entertaining. The open-concept main level welcomes you with abundant natural light and a warm living area centered around a cozy fireplace. The kitchen flows seamlessly into the dining and living spaces, creating an inviting atmosphere for gatherings or quiet evenings at home. Upstairs, both bedrooms provide privacy and generous space, including a serene primary suite designed for relaxation. With 2.5 baths, the home offers flexibility for guests while maintaining comfort for residents. Additional highlights include central heating and air, a two-car attached garage, and the ease of HOA-maintained community spaces. Residents of Rivage enjoy access to scenic parks, walking trails, and the many lifestyle amenities that make The Parkway one of Folsom's most desirable neighborhoodsall just minutes from shopping, dining, and everyday conveniences. Experience stylish, low-maintenance living in an exceptional locationschedule your private tour today.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2007
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $404 / Month
Neighborhood Insights
Folsom Unified Schools
Folsom Hills Elementary School
Grades K-5 • 0.7 mi
Folsom Middle School
Grades 6-8 • 2.1 mi
Vista Del Lago High School
Grades 9-12 • 2.3 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 3.0 | 2.0 | 61% |
| Square foot | 1,501 | 1,314 | 78% |
| Lot Size | - | - | 50% |
| Price | $529.0K | $455.0K | 91% |
| Price per sq ft | $352 | $340 | 61% |
| Built year | 2007 | 2007 | 50% |
| HOA | $404 | $379 | 78% |
| Days on market | 24 | 205 | 4% |
Pricing History
Listed for Sale
Feb 11, 2026
$529,000
Initial Listing
Sold
Jul 24, 2007
$356,000
Public Record































