4840 Dover Lane 406, Sacramento, CA 95842, Sacramento, 95842 - 2 bed, 2 bath
4840 Dover Lane 406
Sacramento, CA 95842
Property Price
SUMMARY
Analysis of 4840 Dover Lane 406, Sacramento, CA 95842 is currently available with a list price of $285,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Sacramento 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 moderate renovation needed.
The property was built in 1993 (31 years ago), which fits the 'fair' criteria of being built within the last 25 to 40 years without a major recent renovation. While the listing describes the home as 'beautifully maintained' and move-in ready with appealing features like cathedral ceilings and a fireplace, the overall style and components—including the kitchen and bathrooms—appear to be aged but well-kept through regular upkeep rather than a full modern overhaul.
PROSSTRENGTHS & OPPORTUNITIES
- Resort-Style Amenities
The gated community offers an extensive suite of amenities including a pool, spa, tennis and basketball courts, and a clubhouse, providing a high-quality lifestyle for residents.
- Architectural Appeal
The interior features soaring cathedral ceilings and a cozy fireplace, creating a bright, spacious, and inviting atmosphere that stands out from standard condominium layouts.
- Functional Convenience
This unit includes highly desirable practical features such as a private garage and in-unit laundry, significantly enhancing daily convenience and providing additional storage.
CONSRISKS & DEFICIENCIES
- High Monthly Carrying Costs
The association fee of $455 per month represents a significant recurring expense that may impact overall affordability and the buyer's debt-to-income ratio.
- Second-Floor Accessibility
As an upper-level unit, the property requires stair access, which may be a drawback for buyers with mobility concerns or those specifically seeking ground-floor living.
About 4840 Dover Lane 406
Welcome to this beautifully maintained, single-story upper-level home featuring 2 generously sized bedrooms and 2 full bathrooms in a gated community. Step into a bright and inviting living room with soaring cathedral ceilings, a cozy fireplace, and an abundance of natural light. Enjoy peaceful mornings or relaxing evenings on your private covered balcony, surrounded by lush landscaping and mature redwood trees that offer both beauty and privacy. Additional highlights include: in-unit laundry for your convenience, a private garage plus ample guest parking, central location just minutes from major shopping centers and freeway access. The community offers a resort-style living experience with a sparkling pool & spa, tennis and basketball courts, and a welcoming clubhouse all just steps from your front door. Whether you're a first-time buyer, downsizing, or looking for an investment, this home offers the perfect blend of comfort, privacy, and accessibility. Don't miss out on this opportunity!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1993
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $455 / Month
Neighborhood Insights
Sacramento Unified Schools
Ridgepoint Elementary School
Grades K-8 • 0.3 mi
Highlands High School
Grades 9-12 • 0.9 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 1.0 | 55% |
| Square foot | 1,056 | 924 | 85% |
| Lot Size | - | - | 50% |
| Price | $285.0K | $191.0K | 90% |
| Price per sq ft | $270 | $222 | 85% |
| Built year | 1993 | 1977 | 75% |
| HOA | $455 | $349 | 65% |
| Days on market | 219 | 195 | 65% |
Pricing History
Listed for Sale
Dec 10, 2025
$285,000
$295,000
-3% Price Drop
Initial Listing
Price Change
Jul 31, 2025
$295,000
Initial Listing
Sold
May 1, 2019
$220,000
Public Record
Sold
Apr 30, 2009
$100,000
Public Record
Sold
Apr 30, 2001
$115,000
Public Record