440 Mills Rd, Sacramento, CA 95864, Sacramento, 95864 - 5 bed, 4 bath
Loading property details...
440 Mills Rd
Sacramento, CA 95864
ACTIVE
CONDITION: POOR
5Beds
4Baths
3,595Sq Ft
19,166Lot Size
Property Price
LIST PRICE$1,675,000
EST. MARKET VALUE
$1,552,598
7% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $1,675,000—positioned above the $1,552,598 Fair Market Value. While the property requires significant capital investment due to its Condition Rating of 5, the expansive .44-acre lot and swimming pool in the prestigious Old Sierra Oaks neighborhood provide a rare foundation for value-add renovation. This asset is best suited for Buy-and-Hold Investors or Contractors capable of executing a comprehensive modernization to align this 3,595-square-foot residence with contemporary luxury standards.
Estimated Market Value
$1,552,598
Based on Realkey algorithm analyzing recent comparable sales in Sacramento.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 440 Mills Rd Subject 5 bd · 4 ba · 3,595 sqft · $432 | $1,675,000* List Price | 5 | 4 | 3,595 | $432 | - |
A 405 Crocker Road Sold 5 bd · 3 ba · 2,760 sqft · $498 · 0.2 mi | $1,375,000 | 5 | 3 | 2,760 | $498 | 0.2 mi |
B 5 Latham Lane Sold 4 bd · 5 ba · 4,098 sqft · $383 · 0.4 mi | $1,568,000 | 4 | 5 | 4,098 | $383 | 0.4 mi |
C 5 Latham Lane Active 4 bd · 5 ba · 4,098 sqft · $414 · 0.4 mi | $1,695,000 List Price | 4 | 5 | 4,098 | $414 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1955 (69 years old) with no evidence of major renovations. Interior photos show highly dated laundry facilities and finishes likely exceeding 30-40 years in age. The listing description explicitly invites buyers to 'create your vision,' a real estate indicator that the home requires a full rehab rather than minor cosmetic updates.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 19166, living area = 3595.
- Premier Location
Situated in the heart of Old Sierra Oaks, one of Sacramento's most prestigious and sought-after neighborhoods, ensuring long-term value and high desirability.
- Expansive Lot and Grounds
The nearly half-acre lot (.44 acres) features mature landscaping, a swimming pool, and significant privacy, offering a rare sense of peace in a suburban setting.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
- Renovation Needs
Built in 1955 and marketed as an opportunity to 'create your vision,' the property likely requires substantial updates and capital investment to meet contemporary luxury standards.
- Extended Days on Market
With 116 days on the market, the property may be facing pricing resistance or buyer hesitation regarding the scale of necessary improvements relative to the list price.
About 440 Mills Rd
Located in the heart of Old Sierra Oaks, one of Sacramento's most prestigious and sought-after neighborhoods, 440 Mills Road presents a rare opportunity to own a distinctive residence in an exceptional setting. Situated on an .44-acre lot, this single-story home offers approximately 3,595 square feet with 5 bedrooms and 3.5 baths. Surrounded by beautiful established properties and mature landscaping, the residence enjoys the privacy, character and sense of peace for which Old Sierra Oaks is so highly regarded. With a swimming pool and generous grounds, the property offers wonderful possibilities. This is an exceptional opportunity to create your vision in one of Sacramento's signature residential neighborhoods where location, setting and timeless appeal come together.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1955
- Lot Size
- 19,166 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 3,595 | 1,541.53 |
| Lot Size | 19,166 | 6,320.667 |
| Price | $1.68M | $503.2K |
| Price per sq ft | $466 | $331 |
| Built year | 1955 | 1975 |
| HOA | $0 | $130 |
| Days on market | 135 | 47 |
Pricing History
Listed for Sale
Aug 13, 2026
$1,675,000
Initial Listing