
Carmichael, CA 95608
This property presents a Strong Value Opportunity with a List Price of $700,000—positioned well below the $746,025 Fair Market Value by 6%. This valuation gap offers $46,025 in Instant Equity. Featuring a 5-bedroom layout on a .25-acre lot with a built-in pool, the home has a Condition Rating of 5, requiring comprehensive interior modernization. Located near Rio Americano High School, this is a high-potential asset ideal for Fix-and-Flip Investors or Owner-Occupants seeking to build equity through renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4760 Bowerwood Drive Subject | $675,000* List Price | 5 | 3 | 2,249 | $309 | - |
A 1600 Copenhagen Way Sold | $730,000 | 3 | 2 | 1,887 | $387 | 0.3 mi |
B 2040 Linden Grove Way Active | $675,000 List Price | 4 | 3 | 1,844 | $366 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1957, the home shows significant deferred maintenance, specifically visible peeling paint and plaster on the walls and ceilings in the utility areas. While the roof was updated in 2020, the interior remains largely original or dated, and the listing's 'AS-IS' status and 'bring your vision' marketing indicate a property in need of a comprehensive rehab.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10842, living area = 2249.
The property features a built-in pool and a covered patio on a generous 0.25-acre lot, providing an ideal setup for hosting and outdoor recreation.
A new roof was installed in 2020, offering immediate peace of mind and reducing near-term capital expenditure for the new homeowner.
The property is being sold in as-is condition, indicating that significant investment may be required for repairs or cosmetic updates to reach its full potential.
Built in 1957, the home likely requires modernization of its original systems and interior finishes to meet contemporary buyer expectations and energy standards.
A DIAMOND IN THE ROUGH WITH ENDLESS POTENTIAL!!! Situated in a highly desirable neighborhood, this property represents a phenomenal opportunity for investors, contractors, and visionaries looking to build equity and create something special. BRING YOUR IMAGINATION AND YOUR TOOLS! This home is ready for a full makeover and your personal touch. Offered AS-IS. New roof installed in 2020.
No exterior & parking available.
Grades K-6 • 4.8 mi
Grades K-8 • 0.4 mi
Grades 6-8 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,249 | 1,713.891 |
| Lot Size | 10,842 | 9,593.696 |
| Price | $675.0K | $573.8K |
| Price per sq ft | $300 | $343 |
| Built year | 1957 | 1964 |
| HOA | $0 | $194 |
| Days on market | 42 | 43 |
Aug 15, 2026
$675,000
$700,000
-4% Price Drop
Initial Listing
Jul 29, 2026
$700,000
Initial Listing
Mar 27, 2012
$293,500
Public Record