4522 Drowsy Water Way, Folsom, CA 95630, Folsom, 95630 - 4 bed, 3 bath
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Folsom, CA 95630
This Modern 2023 Residence is a turnkey sanctuary listed at $898,000, positioned below the $903,909 Fair Market Value by 1%. This competitive pricing provides $5,909 in Instant Equity for the incoming buyer. Boasting a Condition Rating of 2, this nearly new home features a versatile upstairs loft, modern kitchen, and a landscaped backyard with a patio. Located in the Folsom-Cordova Unified School District near Alder Creek Elementary, it offers a seamless transition for growing families or Owner-Occupants seeking contemporary luxury.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4522 Drowsy Water Way Subject | $898,000* List Price | 4 | 3 | 2,609 | $340 | - |
A 3177 Hinsdale Court Sold | $1,125,000 | 4 | 3 | 2,713 | $415 | 0.6 mi |
B 4688 Snapdragon Way Sold | $775,000 | 4 | 3 | 2,146 | $361 | 0.5 mi |
C 4288 Gibbous Drive Sold | $865,000 | 4 | 3 | 2,517 | $344 | 0.4 mi |
D 3225 Roslyn Court Sold | $949,000 | 4 | 3 | 2,727 | $348 | 0.6 mi |
E 3440 Caraway Court Sold | $715,000 | 4 | 3 | 2,024 | $353 | 0.9 mi |
F 3523 Cormorant Drive Sold | $775,000 | 3 | 3 | 2,287 | $339 | 0.5 mi |
G 3447 Equinox Drive Pending | $929,000 List Price | 4 | 4 | 3,056 | $304 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
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.
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.
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.
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.
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.
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.
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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 51% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,609 | 2,136 | 69% |
| Lot Size | 7,833 | 7,261 | 58% |
| Price | $898.0K | $775.0K | 71% |
| Price per sq ft | $344 | $375 | 33% |
| Built year | 2023 | 1999 | 85% |
| HOA | $0 | $69 | 48% |
| Days on market | 77 | 174 | 16% |
Feb 23, 2026
$898,000
$930,000
-3% Price Drop
Initial Listing
Feb 4, 2026
$930,000
Initial Listing
Dec 5, 2023
$780,500
Public Record