4522 Drowsy Water Way, Folsom, CA 95630, Folsom, 95630 - 4 bed, 3 bath

4522 Drowsy Water Way, Folsom, CA 95630 home-pic-0

4522 Drowsy Water Way

Folsom, CA 95630

ACTIVE
CONDITION: EXCELLENT
4Beds
3Baths
2,609Sq Ft
7,833Lot Size

Property Price

LIST PRICE$898,000
EST. MARKET VALUE
$903,909

SUMMARY

Estimated Market Value

$903,909
Based on Realkey algorithm analyzing recent comparable sales in Folsom.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
4522 Drowsy Water Way
Subject
$898,000*
List Price
432,609$346-
A
3177 Hinsdale Court
Sold
$1,125,000432,713$4150.6 mi
B
4688 Snapdragon Way
Sold
$775,000432,146$3610.5 mi
C
3225 Roslyn Court
Sold
$949,000432,727$3480.6 mi
D
4288 Gibbous Drive
Sold
$865,000432,517$3440.4 mi
E
3440 Caraway Court
Sold
$715,000432,024$3530.9 mi
F
3523 Cormorant Drive
Sold
$775,000332,287$3390.5 mi
G
4828 Aldridge Ravine Court
Active
$885,000
List Price
442,390$3700.7 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

This property is a nearly new 2023 construction, meeting the highest standards for condition. It features modern architectural styling, a contemporary kitchen with current appliances, updated flooring, and energy-efficient systems. As a home built within the last two years, all components are virtually new with no deferred maintenance, providing a completely move-in-ready experience.

PROSSTRENGTHS & OPPORTUNITIES

  • Modern 2023 Construction

    As a nearly new 2023 build, the home offers the latest in energy efficiency, contemporary design, and turnkey finishes, providing a move-in-ready experience without the need for updates.

  • Prime Educational Proximity

    The property is located within the highly-rated Folsom-Cordova Unified School District and is within walking distance to Alder Creek Elementary, making it an ideal choice for families.

  • Versatile Living Space

    The 2,609 square foot floor plan features a large upstairs loft that can easily be converted into a 5th bedroom, offering significant flexibility for a home office or multi-generational living.

CONSRISKS & DEFICIENCIES

  • Significant Price Markup

    The home was sold for $780,500 in December 2023 and is now listed at $898,000; this rapid appreciation may lead to appraisal challenges or buyer concerns regarding the short-term value increase.

  • Market Pricing Adjustments

    A recent price reduction from $930,000 to $898,000 indicates that the property may have been initially overpriced for the current Folsom market, potentially signaling a cooling in local demand.

About 4522 Drowsy Water Way

Welcome to this spacious 4-bedroom, 3-bathroom home with a large upstairs loft, located in the desirable city of Folsom. With 2,609 square feet of living space, this home offers ample room for relaxation and entertainment. The versatile loft provides additional living space and can be used as a family room, home office, or easily converted into a 5th bedroom. The kitchen is designed for functionality and style, offering a great space for meal preparation and gatherings. Attractive and durable flooring complements the overall aesthetic, while convenient laundry facilities enhance the practicality of daily living. Enjoy a large, professionally landscaped backyard, ideal for outdoor entertaining and family activities. This home is part of the Folsom-Cordova Unified School District and is within walking distance to Alder Creek Elementary School. Parks, shopping, hospitals, and Costco are all nearby. Take advantage of the comfort and convenience this inviting Folsom residence provides. Dont miss the opportunity to make this wonderful house your new home.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
2023
Lot Size
7,833 Sq. Ft.

Interior

Total Bedrooms
4
Total Bathrooms
3 (3 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

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.03.0
52%
Baths3.03.0
50%
Square foot2,6092,086
73%
Lot Size7,8337,196
57%
Price$898.0K$760.0K
74%
Price per sq ft$344$375
35%
Built year20231999
86%
HOA$0$45
49%
Days on market31171
0%

Pricing History

Listed for Sale

Feb 23, 2026

$898,000

$930,000

-3% Price Drop

Initial Listing

Price Change

Feb 4, 2026

$930,000

Initial Listing

Sold

Dec 5, 2023

$780,500

Public Record

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