4706 Ocean Lane, Elk Grove, CA 95757, Elk Grove, 95757 - 3 bed, 3 bath
4706 Ocean Lane
Elk Grove, CA 95757
Property Price
SUMMARY
Analysis of 4706 Ocean Lane, Elk Grove, CA 95757 reveals a Prime Investment Opportunity with a current list price of $525,000—significantly undercutting the $544,433 Fair Market Value by 3%. This valuation gap indicates a +$19,433 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Elk Grove Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4706 Ocean Lane Subject | $525,000* List Price | 3 | 3 | 1,697 | $321 | - |
A 9912 Macabee Lane Sold | $520,000 | 3 | 3 | 1,578 | $330 | 0.2 mi |
B 9914 Macabee Lane Sold | $492,000 | 3 | 3 | 1,431 | $344 | 0.2 mi |
C 9913 Del Surf Lane Sold | $445,000 | 2 | 3 | 1,302 | $342 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Built in 2018, this property is well within the 10-year threshold for an excellent rating. The home features a modern open-concept kitchen, contemporary finishes, and is described as meticulously maintained and move-in ready with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Build & Move-In Ready
Constructed in 2018, this home offers contemporary design and is meticulously maintained, providing a turnkey experience for buyers seeking a newer property with modern efficiencies.
- Desirable Location & Schools
Situated in a sought-after Elk Grove neighborhood, the property is conveniently located near top-rated schools like Helen Carr Castello Elementary and Toby Johnson Middle, adding significant long-term value.
- Bright & Functional Layout
The interior features an open-concept kitchen and living area with abundant natural light and a seamless flow, creating a spacious and inviting atmosphere for both daily living and entertaining.
CONSRISKS & DEFICIENCIES
- Low Available Lot Utilization
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2026, living area = 1697.
- Compact Lot Size
With a lot size of just 2,026 square feet, the outdoor space is relatively limited, which may be a drawback for buyers prioritizing a large private yard or extensive gardening space.
- Recurring Association Fees
The property is subject to a $143 monthly association fee, which increases the total monthly carrying cost compared to similar single-family homes in the area without HOA requirements.
About 4706 Ocean Lane
Located in a gated Community! Welcome to 4706 Ocean Lane in one of Elk Grove's most sought-after communities priced below recent neighborhood sales! This beautifully maintained 3 bed, 2.5 bath home is truly move-in ready and comes loaded with extras: washer, dryer, couch, dining table, mirrors, and more are all included with the sale. The open-concept kitchen flows seamlessly into the living area, filled with natural light and perfect for everyday living and entertaining. The backyard offers a private space to relax and unwind. What makes this community exceptional is the HOA at just $126/month you get access to a community pool, community center, AND all front lawn and street maintenance is taken care of for you. True low-maintenance living at an unbeatable value. Located minutes from top-rated schools, parks, shopping, and dining. Comparable homes in the area have sold for $569,000 don't miss this opportunity to get into this neighborhood at $525,000. Schedule your showing today or join us at our open house this Saturday and Sunday 1-5 PM!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2018
- Lot Size
- 2,026 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $143 / Month
Neighborhood Insights
Elk Grove Unified Schools
Helen Carr Castello Elementary School
Grades K-6 • 0.6 mi
Marion Mix Elementary
Grades K-6 • 2.3 mi
Toby Johnson Middle School
Grades 7-8 • 1.0 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 40% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,697 | 2,242 | 19% |
| Lot Size | 2,026 | 5,795.5 | 3% |
| Price | $525.0K | $661.5K | 6% |
| Price per sq ft | $309 | $301 | 58% |
| Built year | 2018 | 2005 | 71% |
| HOA | $143 | $0 | 89% |
| Days on market | 15 | 196 | 2% |
Pricing History
Listed for Sale
Feb 20, 2026
$525,000
Initial Listing
Sold
Jan 29, 2019
$400,000
Public Record
Sold
Oct 24, 2017
$4,028,000
Public Record