
Carmichael, CA 95608
This Spacious Ranch-Style Residence represents a Strong Value Opportunity, listed at $699,000—positioned well below the $696,055 Fair Market Value (Note: Price is at market parity). Featuring a renovated gourmet kitchen and a separate studio ADU, the property maintains a Condition Rating of 3, offering immediate rental income potential. With a massive 14,471 sqft lot and a pergola-covered deck, it provides an ideal indoor-outdoor lifestyle. This versatile asset is perfectly suited for Buy-and-Hold Investors seeking house-hack potential or Owner-Occupants desiring a flexible, move-in ready home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4235 Rio Monte Court Subject | $699,000* List Price | 3 | 3 | 2,270 | $307 | - |
A 6801 Westmore Way Sold | $650,000 | 3 | 3 | 2,103 | $309 | 0.3 mi |
B 4620 Asheville Court Sold | $835,000 | 4 | 3 | 2,737 | $305 | 0.4 mi |
C 4628 Charleston Drive Sold | $535,000 | 3 | 2 | 1,974 | $271 | 0.5 mi |
D 6919 Lisa Marie Way Sold | $707,000 | 4 | 3 | 2,248 | $315 | 0.1 mi |
E 3910 La Honda Way Sold | $695,000 | 4 | 3 | 2,300 | $302 | 0.8 mi |
F 3812 Dell Rd. Sold | $760,000 | 4 | 3 | 2,229 | $341 | 0.8 mi |
G 6100 Woodhaven Avenue Sold | $680,000 | 4 | 2 | 1,859 | $366 | 1.0 mi |
H 4337 Glenridge Drive Active | $675,000 List Price | 4 | 3 | 2,094 | $322 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1963, the home has undergone significant updates including a renovated kitchen with white shaker cabinets, butcher block and stone-look counters, and stainless steel appliances. While the bathrooms remain dated with older tile and vanities, the overall property features newer LVP flooring and is well-maintained and move-in ready.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 14471, living area = 2270.
The property includes a separate studio with its own entrance and kitchen, providing a versatile space for rental income, a home office, or a private in-law suite.
The kitchen is a standout feature, equipped with stainless steel appliances, a double oven, and both an island and peninsula, catering to serious home cooks and entertainers.
Built in 1963, the home may require updates to original systems or structural components typical of mid-century ranch properties to meet modern efficiency standards.
While conveniently located near several schools, the local school ratings range from 4 to 7, which may be a drawback for families prioritizing top-tier educational districts.
Discover the allure of 4235 Rio Monte Ct in the Mapel Grove neighborhood, a residential property that stands ready for its next chapter. This inviting home offers a seamless blend of comfort and style, designed for effortless living. The heart of this home resides in its well-appointed kitchen, where culinary aspirations come to life. Featuring gleaming stainless steel appliances, a double oven for ambitious meals, and both an island and a peninsula, this space is crafted for both entertaining and everyday functionality. Unwind in the living room, a welcoming space anchored by a cozy fireplace, perfect for gathering and creating lasting memories. Step outside to a private yard with a pergola covered deck, an ideal setting for relaxation or entertaining. Enjoy alfresco dining on the dedicated outdoor dining area or simply relax on the patio, embracing the California sunshine. This ranch-style residence presents a unique opportunity to embrace a lifestyle of ease and enjoyment. A separate entrance walks into a studio with its own kitchen. Make it a rentable second unit or an in-law quarter. Your imagination, your dream. Come see it!
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-6 • 0.9 mi
Grades 6-8 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,270 | 1,713.891 |
| Lot Size | 14,471 | 9,593.696 |
| Price | $699.0K | $573.8K |
| Price per sq ft | $308 | $343 |
| Built year | 1963 | 1964 |
| HOA | $0 | $194 |
| Days on market | 12 | 43 |
Aug 28, 2026
$699,000
Initial Listing
Oct 6, 2016
$440,000
Public Record