
Sacramento, CA 95811
This Historic High-Water Bungalow is a High-Potential Investment Opportunity, listed at $635,000—positioned well below the $659,050 Fair Market Value by 3%. This valuation gap offers $24,050 in Instant Equity for the buyer. Featuring an Excellent Condition Rating with $40,000 in recent upgrades, including a remodeled bathroom and high-efficiency HVAC, this home blends historic charm with modern efficiency. It is an ideal acquisition for Owner-Occupants seeking a turnkey lifestyle or first-time buyers looking for a historic Midtown asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 414 21st Street Subject | $635,000* List Price | 2 | 1 | 1,026 | $642 | - |
A 305 21st Street Sold | $575,000 | 2 | 1 | 912 | $630 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite the 1905 build date, the property meets the 'Excellent' criteria due to extensive recent renovations (<5 years). Key updates include a fully remodeled bathroom (2024), a brand-new high-efficiency HVAC system and water heater (2025), and an updated kitchen with new Bosch/induction appliances. The electrical system has been upgraded to 200-amps with an EV charger, and the interior features mint-condition historic details paired with modern dual-pane windows and LED lighting.
As the first home built in Boulevard Park, this 1905 High-Water Bungalow offers unique architectural prestige with preserved details like parquet floors and 9-foot coved ceilings.
The property features over $40,000 in recent improvements, including a 2024 bathroom remodel, high-efficiency Mitsubishi HVAC, and a 200-amp electrical service with EV charging.
An exceptional 900+ sq. ft. full basement with 6-foot headroom provides massive storage and workshop space, a highly rare and valuable feature for the Midtown area.
The home contains only one full bathroom, which may be a drawback for families or buyers accustomed to multi-bath configurations at this price point.
With just 1,026 square feet of living space, the interior may feel restrictive for those requiring larger rooms or more flexible living arrangements.
The first home built in Boulevard Park! This beautifully preserved 1905 High-Water Bungalow is the first home constructed in this iconic Midtown Sacramento neighborhood. This classic Revival-style w/ slender columns, a hipped roof, front dormer, and charming three-sided bay windows ** Situated on a picturesque tree-lined street, this 2-bedroom, 1-bath home sits on an oversized 40' x 111' lot w/ a detached garage & an incredible full basement of over 900 sq. ft. The basement features concrete floors, w/ over 6' of headroom, a built-in workbench, and abundant storage ** The spacious formal living & dining rooms showcase beautiful parquet hardwood floors, soaring 9-foot coved ceilings, and abundant natural light. Both bedrooms offer generously sized walk-in closets. The sellers have invested over $40,000 in recent improvements, including a fully remodeled bathroom (2024), premium Mitsubishi Electric high-efficiency heat pump HVAC system (2025), new water heater (2025), & an updated kitchen appliances: Bosch dishwasher, new refrigerator, new Induction-range, new sink, faucet, disposal, and under-cabinet lighting. Additional upgrades include dual-pane windows, a whole-house fan, new top-down/bottom-up window coverings, LED lighting throughout, a modern dining room ceiling fan, upgraded 200-amp electrical service, and a newer 60-amp EV charging circuit installed at the rear of the home. The screened porch provides additional storage & a convenient commode, while the rear porch overlooks the beautifully landscaped backyard and detached garage. A rare opportunity to own a true piece of Sacramento history with the perfect blend of timeless craftsmanship and modern amenities in one of Midtown's most desirable neighborhoods. Sellers have completed Architectural plans for a remodel which includes adding an ADU in the basement - this large lot also is perfect for adding an ADU in the back
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 1,026 | - |
| Lot Size | 4,356 | - |
| Price | $635.0K | $505.7K |
| Price per sq ft | $619 | $341 |
| Built year | 1905 | 0 |
| HOA | $0 | $0 |
| Days on market | 6 | 42 |
Jul 16, 2026
$635,000
Initial Listing
Sep 29, 2023
$585,000
Public Record