
Granite Bay, CA 95746
This property presents a High-Potential Investment Opportunity with a List Price of $1,175,000, currently priced at its $1,175,000 Fair Market Value. While the home maintains a Fair Condition Rating due to incomplete renovations, the expansive 1.1-acre lot and versatile 5-bedroom layout offer significant upside for forced appreciation. Featuring Owned Solar and a unique Year-Round Stream, the residence provides a rare rural atmosphere near city amenities. This is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to customize a high-value Granite Bay estate.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4330 Cavitt Stallman Rd Subject 5 bd · 6 ba · 2,649 sqft · $444 | $1,175,000* List Price | 5 | 6 | 2,649 | $444 | - |
A 5005 Shady Creek Ln Active 3 bd · 3 ba · 2,124 sqft · $530 · 0.7 mi | $1,125,000 List Price | 3 | 3 | 2,124 | $530 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1976, the home features some modern updates like a renovated kitchen with quartz counters and stainless appliances, along with owned solar. However, it is rated Fair because it shows clear signs of unfinished renovations, such as the missing tub surround/skirting in the primary bathroom and incomplete trim work. The listing description emphasizes 'possibilities' and 'potential,' indicating that while livable, it requires further investment and minor repairs to be fully finished.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 47916, living area = 2649.
The 5-bedroom, 6-bathroom configuration and recently restored open layout offer exceptional flexibility for multi-generational living, guest accommodations, or a home-based business.
Situated on a level 1.1-acre lot, the property features a unique year-round stream fed by Folsom Lake, providing a tranquil, rural atmosphere just blocks from Granite Bay's city hub.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2649, other record living area = 1953. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
Built in 1976 and marketed as a property of 'possibilities,' the home likely requires significant cosmetic or structural updates to meet the luxury standards typical of the Granite Bay area.
With 72 days on the market, the property has exceeded the average turnover time for the region, which may suggest buyer hesitation regarding the scale of work needed to realize its full potential.
Some properties offer a home. This one offers possibilities.Tucked into one of Granite Bay's most desirable areas, this distinctive 5-bedroom, 5-bath residence is a rare opportunity to create something truly your own. Recently restored to its original open layout, the home offers generous spaces, remarkable flexibility, and a floor plan that can evolve with the way you live.At first glance, it's an inviting and spacious primary residence. Look a little closer, and the possibilities begin to unfoldmulti-generational living, private guest accommodations, rental or short-term rental potential, creative workspaces, or a completely customized estate vision. The flexibility is already here; the next chapter is yours to write.Outside, the expansive, level parcel provides room to dream, while a year-round stream fed by Folsom Lake creates an unexpected connection to nature rarely found in this setting. The gentle presence of the stream and surrounding property creates a peaceful, almost countryside-like atmosphere. Remarkably, although just three blocks from the energy and convenience of the city hub, the property feels tucked away in a quiet rural retreata place where the pace seems to slow and nature takes center stage. Owned solar adds another layer of long-term value and efficiency.Offered at its appraised value, this property presents an intriguing opportunity for those who recognize potential when they see it. And with top-rated schools, shopping, dining, and recreation nearby, the location is every bit as compelling as the property itself.A distinctive home. An unusually versatile setting. And perhaps most importantly, a chance to decide what it becomes next.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 6.0 | 3.5 |
| Square foot | 2,649 | 2,898.967 |
| Lot Size | 47,916 | 23,883.984 |
| Price | $1.18M | $1.26M |
| Price per sq ft | $444 | $446 |
| Built year | 1976 | 1990 |
| HOA | $0 | $252 |
| Days on market | 73 | 61 |
Aug 12, 2026
$1,175,000
Initial Listing
Dec 18, 2015
$440,000
Public Record