
Carmichael, CA 95608
This property presents a High-Potential Investment Opportunity with a List Price of $485,000—positioned well below the $495,809 Fair Market Value by 2%. This valuation gap offers $10,809 in Instant Equity. Featuring a Condition Rating of 4, the home includes a newer HVAC and dual-pane windows, though it requires cosmetic updates to maximize value. With a 10,367 sqft lot, this asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a value-add project in a prime Carmichael location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4917 Boyd Drive Subject | $475,000* List Price | 4 | 2 | 1,406 | $338 | - |
A 4924 Olive Oak Way Sold | $598,000 | 4 | 2 | 1,830 | $327 | 0.8 mi |
B 4829 Saint Lynn Lane Pending | $465,000 List Price | 4 | 1 | 1,426 | $326 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1955 and features renovations (kitchen cabinetry, tile flooring, and bathroom fixtures) that appear to be 15-25 years old, fitting the 'dated' criteria. While the listing notes a newer HVAC system and dual-pane windows which add value, the overall aesthetic is aged and the original hardwood floors show significant wear, indicating a need for minor repairs and cosmetic updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10367, living area = 1406.
The property features a newer HVAC system and dual-pane windows, providing significant value and immediate comfort while reducing long-term utility costs for the buyer.
With a lot size exceeding 10,000 square feet, the backyard offers rare and extensive space for outdoor entertaining, gardening, or the addition of an ADU.
Built in 1955, the home may require additional cosmetic updates or interior modernization to meet the aesthetic expectations of contemporary buyers.
While the high school and elementary options are strong, the immediate K-8 school carries a lower rating, which may be a point of concern for education-focused families.
Welcome to 4917 Boyd Drive, a spacious 4-bedroom home in one of Carmichael's most desirable neighborhoods. This well-maintained home offers a functional floor plan with large living spaces, high ceilings, and an abundance of natural light throughout. The versatile fourth bedroom is ideal for guests, a home office, or additional living space. Recent updates include a newer HVAC system and dual-pane windows for added comfort and energy efficiency. Step outside to the expansive backyard with endless possibilities for entertaining, gardening, or creating your own outdoor retreat. Conveniently located near parks, schools, shopping, restaurants, and freeway access, this is an outstanding opportunity to own a great home in a prime Carmichael location. Don't miss it!
No exterior & parking available.
Grades K-6 • 4.2 mi
Grades K-8 • 0.3 mi
Grades 6-8 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,406 | 1,713.891 |
| Lot Size | 10,367 | 9,593.696 |
| Price | $475.0K | $573.8K |
| Price per sq ft | $338 | $343 |
| Built year | 1955 | 1964 |
| HOA | $0 | $194 |
| Days on market | 48 | 43 |
Aug 4, 2026
$475,000
$485,000
-2% Price Drop
Initial Listing
Jul 23, 2026
$485,000
Initial Listing
May 30, 2002
$200,000
Public Record