
Carmichael, CA 95608
This High-Potential Investment Opportunity is listed at $2,050,000, positioned well below the $2,084,154 Fair Market Value by 1.6%. Featuring a 7-acre lot with tentative development maps and a 7,505 sqft dual-residence estate, the property maintains a Condition Rating of 3. The unique blend of historic Victorian charm and modern infrastructure provides significant upside for large-scale development or multi-generational use. This rare asset is an ideal acquisition for Real Estate Developers or Sophisticated Investors seeking a high-capacity, income-generating estate.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4434 Mapel Ln Subject 10 bd · 9 ba · 7,505 sqft · $278 | $2,050,000* List Price | 10 | 9 | 7,505 | $278 | - |
A 4434 Mapel Lane Active 10 bd · 9 ba · 7,505 sqft · $300 · 0.0 mi | $2,250,000 List Price | 10 | 9 | 7,505 | $300 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is exceptionally well-maintained, functional, and move-in ready. Although the structures date back to the 1880s and 1990, the images show high-quality upkeep, grand architectural features like a stained-glass dome, and modern renovations in the bathrooms featuring clean subway tile and marble countertops.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 268330, living area = 7505.
Spanning 7 acres with tentative maps already completed, this property offers a rare and lucrative opportunity for residential development in the heart of Carmichael.
With over 7,500 square feet of living space and 10 bedrooms across two residences, the estate provides unparalleled scale for multi-generational living or large-scale hosting.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =268330, other record lot size in square feet = 219542.
The age of the structures, particularly the 1880s farmhouse, may require significant ongoing maintenance and capital investment for modern upgrades.
The unique combination of a large-scale development site and a massive residential estate creates a niche market, potentially limiting the pool of qualified buyers.
Welcome to O'Donnell Estates, an extraordinary property spanning 7 acres that is ready to be developed. Tentative maps have been completed. At the core of this estate lies a charming Victorian farmhouse from the 1880s and an additional residence constructed in the 1990s, both intricately intertwined. The original 3,400+ square foot Victorian farmhouse, meticulously renovated in 1985, stands alongside a 5,000+ square foot secondary residence designed to complement the Victorian era style. Boasting a total of 10 bedrooms and 7 bathrooms, this one-of-a-kind opportunity located in the heart of Carmichael is brimming with potential. An absolute must-see for those seeking a remarkable property
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 10.0 | 3.3 |
| Baths | 9.0 | 2.3 |
| Square foot | 7,505 | 1,856.281 |
| Lot Size | 268,330 | 9,971.489 |
| Price | $2.05M | $608.9K |
| Price per sq ft | $273 | $347 |
| Built year | 1990 | 1964 |
| HOA | $0 | $192 |
| Days on market | 29 | 48 |
Sep 25, 2026
$2,050,000
Initial Listing
Dec 1, 2017
$1,700,000
Public Record