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

401 Picasso Way, Folsom, CA 95630 home-pic-0

401 Picasso Way

Folsom, CA 95630

ACTIVE
CONDITION: GOOD
2Beds
3Baths
1,501Sq Ft
Lot Size

Property Price

LIST PRICE$529,000

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

Good
TeardownExcellent

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

8/10

Folsom Middle School

Grades 6-8 • 2.1 mi

8/10

Vista Del Lago High School

Grades 9-12 • 2.3 mi

9/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds2.02.0
50%
Baths3.02.0
61%
Square foot1,5011,314
78%
Lot Size--
50%
Price$529.0K$455.0K
91%
Price per sq ft$352$340
61%
Built year20072007
50%
HOA$404$379
78%
Days on market24205
4%

Pricing History

Listed for Sale

Feb 11, 2026

$529,000

Initial Listing

Sold

Jul 24, 2007

$356,000

Public Record

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