
Fair Oaks, CA 95628
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $519,000—positioned slightly above the $507,186 Fair Market Value. While priced at market, the home features a Condition Rating of 3, boasting significant capital improvements including a newer roof, newer HVAC, and updated primary ensuite. With a large 7,405 sqft lot and proximity to highly-rated fundamental elementary schools, this property offers a stable, move-in ready lifestyle. It is an ideal acquisition for first-time buyers or owner-occupants seeking a well-maintained home in a prime Fair Oaks location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4864 Papaya Drive Subject | $485,000* List Price | 3 | 2 | 1,441 | $340 | - |
A 4828 Rockland Way Sold | $476,000 | 2 | 2 | 1,441 | $330 | 0.2 mi |
B 7012 Robin Road Sold | $599,900 | 4 | 2 | 1,659 | $362 | 0.3 mi |
C 6821 Will Rogers Drive Sold | $565,000 | 4 | 3 | 1,889 | $299 | 0.1 mi |
D 4363 Plantation Drive Sold | $561,000 | 3 | 2 | 1,595 | $352 | 0.6 mi |
E 4970 Hillhurst Drive Sold | $560,000 | 4 | 3 | 1,924 | $291 | 0.4 mi |
F 4979 Hillridge Way Sold | $550,000 | 4 | 3 | 1,744 | $315 | 0.4 mi |
G 7312 Kilborn Drive Sold | $405,000 | 3 | 2 | 1,203 | $337 | 0.7 mi |
H 5307 Ronnie Street Sold | $500,000 | 3 | 2 | 1,296 | $386 | 0.7 mi |
I 5008 Deerpark Circle Active | $465,000 List Price | 3 | 2 | 1,441 | $323 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1967, the home is move-in ready with significant recent capital improvements including a newer roof and HVAC system. The interior features updated flooring, recessed lighting, a fully renovated primary ensuite, and a refreshed kitchen with brand new appliances, fitting the criteria for a well-maintained home with 5-15 year old renovations.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7405, living area = 1441.
The property features a newer roof and HVAC system, providing buyers with long-term peace of mind and reducing the likelihood of major immediate maintenance expenses.
With updated flooring, recessed lighting, and refreshed kitchen appliances, the home is move-in ready while still offering potential for future personalization.
While key areas like the primary bath are updated, the 'refreshed' kitchen and 1960s build suggest some original elements remain that may require further investment to fully modernize.
At 1,441 square feet, the interior living space is relatively compact for a three-bedroom home, which may limit appeal for buyers seeking larger communal areas.
Welcome to 4864 Papaya Drive, where thoughtful updates, natural light, and classic Fair Oaks charm come together in a beautifully maintained 3-bedroom, 2-bath home. Set in a quiet, established neighborhood, this home offers a warm and welcoming feel from the moment you step inside. Updated flooring runs throughout the home, leading into a spacious living room filled with natural light and a beautiful brick fireplace that brings character and comfort to the space. The main living area offers an easy flow between the living room, dining area, and kitchen, creating a comfortable layout for everyday living and entertaining. The kitchen has been refreshed with a brand new stove, oven, and dishwasher, while a separate pantry area, designated laundry space, and garage access add convenience and function. Down the hall, is the hall bathroom and all three bedrooms, including the primary bedroom with a fully updated ensuite bathroom. Step outside and enjoy a private backyard setting with a nicely shaded patio, brand new sod, and an easy-to-enjoy outdoor space ready for relaxing or entertaining. Major updates including a newer roof, newer HVAC, recessed lighting, ceiling fans in the bedrooms, updated flooring, refreshed kitchen appliances, and an updated primary bathroom provide added comfort and confidence. While there is still room to bring your own style to the home, the intentional improvements already completed make it easy to move in and enjoy from day one. Located near schools, parks, shopping, dining, and commuter access, this Fair Oaks home offers the right blend of comfort, care, character, and future potential.
No exterior & parking available.
Grades K-6 • 0.1 mi
Grades K-5 • 0.7 mi
Grades K-5 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,441 | - |
| Lot Size | 7,405 | - |
| Price | $485.0K | $698.7K |
| Price per sq ft | $337 | $341 |
| Built year | 1967 | 0 |
| HOA | $0 | $0 |
| Days on market | 34 | 36 |
Jul 18, 2026
$485,000
$499,950
-3% Price Drop
Initial Listing
Jul 10, 2026
$499,950
$519,000
-4% Price Drop
Initial Listing
Jun 18, 2026
$519,000
Initial Listing
Sep 15, 2008
$245,000
Public Record
Oct 13, 2004
$345,000
Public Record