4824 Skyway Drive, Fair Oaks, CA 95628, Fair Oaks, 95628 - 5 bed, 4 bath
4824 Skyway Drive
Fair Oaks, CA 95628
Property Price
SUMMARY
Analysis of 4824 Skyway Drive, Fair Oaks, CA 95628 is currently available with a list price of $855,000. 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 Fair Oaks 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This property features two residences. The second residence (ADU) is a brand new build, meeting the 'excellent' criteria for new construction. The main house, built in 1958, has been extensively and tastefully remodeled with brand new kitchen quartz counters, new vinyl plank floors, fresh interior and exterior paint, new doors, remodeled bathrooms, new lights, and new appliances. Both kitchens and bathrooms across both units showcase modern styles, new fixtures, and high-quality finishes, indicating a very recent and comprehensive renovation. All visible components appear new or virtually new, with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Dual Residence / Multi-Generational Living
The property features two distinct homes on one lot, offering exceptional flexibility for multi-generational living, guest accommodation, or a live-plus-rent scenario.
- Income-Generating Potential
With a separate, brand-new second residence (ADU) that includes its own electric meter and owned solar, the property presents a strong opportunity for significant rental income.
- Extensively Remodeled Main House
The main house has been tastefully and comprehensively remodeled with new kitchen quartz counters, vinyl plank floors, fresh paint, new doors, updated bathrooms, and new appliances, reducing immediate buyer expenses.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2671, other record living area = 1924. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
- Age of Main House Structure
Despite extensive remodeling, the main house was originally built in 1958, which may imply older underlying infrastructure (e.g., plumbing, electrical beyond lights) that was not explicitly stated as updated.
- Potential for Shared Outdoor Space Management
While the 0.26-acre lot is large, managing shared outdoor areas between two separate residences, especially if one is rented, could present privacy or logistical challenges for occupants.
About 4824 Skyway Drive
Welcome to this unique Fair Oaks property featuring two homes on a 0.26 acre lot with amazing possibilities for a large family, accommodating in-laws, guests or perfect option to generate income! The main house(4824 Skyway Dr) offers 3 beds, 2 bath,1924 sqft. It was tastefully remodeled with brand new kitchen quartz counters, new vinyl plank floors, fresh interior and exterior paint, new doors, remodeled bathrooms, new lights, new appliances including washer, dryer, etc. The second residence (4826 Skyway Dr) is a brand new build, it features 2 beds, 2 baths ,747 sqft. It has its own electric meter, owned solar, new kitchen appliances with washer and dryer. As you step outside, you'll be greeted by the large yard, providing plenty of space for all your outdoor activities. Whether you're seeking a multi-generational living solution, an investment opportunity, or simply a place to call home, this property offers the perfect blend and potential.
Property Details
Public Facts
- Property Type
- Residential Income
- Year Built
- 1958
- Lot Size
- 11,326 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Fair Oaks Unified Schools
Twin Lakes Elementary School
Grades K-6 • 1.4 mi
Harry Dewey Fundamental Elementary School
Grades K-6 • 4.2 mi
Andrew Carnegie Middle School
Grades 6-8 • 1.4 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 58% |
| Baths | 4.0 | 4.0 | 50% |
| Square foot | 2,671 | 2,088.5 | 92% |
| Lot Size | 11,326 | 7,534 | 67% |
| Price | $855.0K | $592.5K | 83% |
| Price per sq ft | $320 | $308 | 50% |
| Built year | 1958 | 1974 | 25% |
| HOA | $0 | $0 | 50% |
| Days on market | 182 | 163 | 67% |
Pricing History
Listed for Sale
Sep 6, 2025
$855,000
Initial Listing
Sold
Oct 30, 2024
$455,000
Public Record