
Carmichael, CA 95608
This Custom Octagon-Inspired Residence is a High-Potential Investment Opportunity, listed at $569,000—positioned well below the $736,706 Fair Market Value by 22%. This valuation gap offers $167,706 in Instant Equity. Featuring a Condition Rating of 3, the home boasts a central skylit atrium, owned solar, and a resort-style backyard with a saltwater pool and koi pond. Located near top-rated schools like Rio Americano High, this property combines architectural character with significant financial upside. It is a premier acquisition for Owner-Occupants or Value-Add Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4838 Robertson Avenue Subject | $569,000* List Price | 3 | 3 | 2,840 | $259 | - |
A 5516 Barbara Way Sold | $525,000 | 4 | 2 | 2,400 | $219 | 0.9 mi |
B 3041 Root Avenue Sold | $510,000 | 4 | 2 | 2,076 | $246 | 0.0 mi |
C 5530 Kenneth Avenue Active | $580,000 List Price | 4 | 2 | 2,384 | $243 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2004, this custom-designed home is in well-maintained, move-in-ready condition. The kitchen features high-quality granite countertops, stainless steel appliances, and custom cabinetry that, while reflecting the home's 20-year age, show minimal wear. The property boasts premium infrastructure including owned solar, radiant heating, and a tankless water heater. The unique architectural elements like the central skylit atrium and hardwood flooring are in excellent shape, though the overall aesthetic has not undergone a full modern renovation within the last 5 years to qualify as 'excellent'.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12415, living area = 2840.
The octagon-inspired layout and central skylit atrium create a sophisticated, light-filled living space that distinguishes this custom home from standard suburban designs.
The property features a premium outdoor oasis including a solar-heated saltwater pool, koi pond with waterfall, and a private, tree-canopied lot perfect for high-end entertaining.
As an auction property, the sale may involve non-traditional terms or specific bidding requirements that could complicate the acquisition process for conventional buyers.
Approximately 275 square feet of the living area is not included in official tax records, which may present challenges during the appraisal or financing stages.
AUCTION: DESIGNED TO BE EXPERIENCED. This architecturally distinctive octagon-inspired, single-story custom residence features top-quality construction, premium materials, and thoughtful architectural detail throughout. A dramatic central skylit atrium fills the home with natural light and privacy, while the radial layout allows rooms to flow naturally and remain clearly defined. The central atrium functions as usable living space but it is not included in tax rolls. This adds approx 275 square feet, bringing the home's total living area to approx 3,115 square feet. The main level offers 3 bedrooms and 3 full bathrooms, including two en-suite bedrooms, with all primary living spaces on one level. Overlooking the atrium, a lofted family room provides flexible use as a media room, office, or easily convertible 4th bedroom. Indoor living extends outdoors to a resort-style backyard featuring a solar-heated saltwater pool, a pergola with misters and a fan, a separate hot tub, and a tranquil koi pond with a waterfall and filtration system. The oversized, tree-canopied lot enhances privacy and serenity. An upscale garage is designed as a fully integrated mechanical hub with owned solar, tankless water heating, radiant heating infrastructure, whole-house central vacuum, water filtration system, built-in cabinetry, and a dedicated mini kitchen. Situated on a private gated lane leading to a quiet cul-de-sac, this custom Carmichael home offers architectural character and enduring build quality, close to Ancil Hoffman Park, the American River Parkway, shopping, dining, and convenient access to Hwy 50 and I-80.
No exterior & parking available.
Grades K-6 • 3.6 mi
Grades K-8 • 1.2 mi
Grades 6-8 • 2.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 67% |
| Square foot | 2,840 | 1,707 | 93% |
| Lot Size | 12,415 | 9,583 | 81% |
| Price | $569.0K | $569.0K | 50% |
| Price per sq ft | $200 | $361 | 2% |
| Built year | 2004 | 1963 | 94% |
| HOA | $0 | $0 | 50% |
| Days on market | 49 | 168 | 4% |
Mar 5, 2026
$569,000
Initial Listing