4824 Skyway Drive, Fair Oaks, CA 95628, Fair Oaks, 95628 - 5 bed, 4 bath
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Fair Oaks, CA 95628
This Turnkey Multi-Generational Estate is listed at $855,000, reflecting the premium value of its dual-residence configuration compared to the $802,438 Fair Market Value. Boasting an Excellent Condition Rating, the property features a comprehensively remodeled main house and a brand-new 2-bedroom ADU equipped with owned solar and independent metering. Located near top-rated Bella Vista High School, the 0.26-acre lot provides ample space for privacy and outdoor living. This property is a strategic fit for Owner-Occupants or Multi-Generational Families seeking a move-in-ready, income-producing asset.
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.
The property features two distinct homes on one lot, offering exceptional flexibility for multi-generational living, guest accommodation, or a live-plus-rent scenario.
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.
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.
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.
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.
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.
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.
No exterior & parking available.
Grades K-6 • 1.4 mi
Grades K-6 • 4.2 mi
Grades 6-8 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 56% |
| Baths | 4.0 | 4.0 | 50% |
| Square foot | 2,671 | 2,077 | 89% |
| Lot Size | 11,326 | 7,545 | 56% |
| Price | $855.0K | $685.0K | 78% |
| Price per sq ft | $320 | $353 | 33% |
| Built year | 1958 | 1970 | 44% |
| HOA | $0 | $0 | 50% |
| Days on market | 229 | 173 | 89% |
Sep 6, 2025
$855,000
Initial Listing
Oct 30, 2024
$455,000
Public Record