4936 Brookglen Way, Carmichael, CA 95608, Carmichael, 95608 - 3 bed, 2 bath
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Carmichael, CA 95608
This property presents a High-Potential Investment Opportunity with a List Price of $599,000—positioned above the $563,234 Fair Market Value. While the price reflects a premium, the 10,951 sq. ft. lot and Spacious Ranch Layout provide significant value-add potential. Currently holding a Condition Rating of 4, the home requires modernization, making it a prime candidate for cosmetic renovation. This asset is ideal for Value-Add Investors or Owner-Occupants looking to build equity through strategic upgrades in a well-established Carmichael neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4936 Brookglen Way Subject | $599,000* List Price | 3 | 2 | 1,721 | $327 | - |
A 6605 Penney Way Sold | $567,500 | 3 | 3 | 1,635 | $347 | 0.4 mi |
B 6333 Meadowvista Drive Sold | $519,000 | 3 | 3 | 1,867 | $278 | 0.2 mi |
C 5117 Schuyler Drive Sold | $500,000 | 3 | 2 | 1,381 | $362 | 0.3 mi |
D 4451 Stoney Way Sold | $725,000 | 3 | 2 | 1,824 | $397 | 0.8 mi |
E 6450 Perrin Way Sold | $575,000 | 4 | 3 | 1,849 | $311 | 0.6 mi |
F 4907 Crestview Drive Active | $525,000 List Price | 3 | 2 | 1,671 | $314 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1962, this property is functional but significantly dated. The kitchen features older tile countertops and painted original cabinetry, and the carpeting shows visible wear and staining. While the home appears well-maintained and livable, the systems and interior finishes likely exceed 20-30 years in age, requiring cosmetic updates and potential infrastructure modernization.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10951, living area = 1721.
The property features a generous 10,951-square-foot lot, providing significant outdoor space for gardening, entertaining, or potential expansions, which is a premium for the area.
The 1,721-square-foot Ranch-style floor plan offers a functional and open flow, including a separate formal dining room and a versatile den, catering well to modern living needs.
Built in 1962, the home may require significant capital investment for cosmetic updates or mechanical system modernizations to meet current energy efficiency and design standards.
The property is served by elementary schools with lower performance ratings (2 and 3), which could be a concern for families prioritizing academic rankings and may impact future resale value.
Wonderful home in the heart of Carmichael Located in a picturesque neighborhood. This Ranch style property is located on a huge lot with an open and spacious floor plan. Separate Formal Dining room, large Living room, Den and spacious Bedrooms. Large Barn like shed in backyard.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.3 mi
Grades K-6 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,721 | 1,729.5 | 49% |
| Lot Size | 10,951 | 9,420 | 78% |
| Price | $599.0K | $579.0K | 53% |
| Price per sq ft | $348 | $360 | 44% |
| Built year | 1962 | 1963 | 48% |
| HOA | $0 | $0 | 50% |
| Days on market | 7 | 174 | 1% |
May 30, 2026
$599,000
Initial Listing
Apr 29, 2016
$299,000
Public Record