4950 Richwood Court, Fair Oaks, CA 95628, Fair Oaks, 95628 - 5 bed, 4 bath
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4950 Richwood Court
Fair Oaks, CA 95628
ACTIVE
CONDITION: GOOD
5Beds
4Baths
2,857Sq Ft
13,068Lot Size
Property Price
LIST PRICE$729,000
EST. MARKET VALUE
$781,889
6% BelowMARKET VALUE
SUMMARY
This Spacious Traditional Home represents a Strong Value Opportunity, listed at $729,000—positioned well below the $778,111 Fair Market Value by 6%. This valuation gap offers $49,111 in Instant Equity for the buyer. Featuring a Good Condition Rating, the property includes a newly resurfaced pool, newer HVAC, and a versatile 5-bedroom layout ideal for multi-generational living. While cosmetic updates to the kitchen can further drive appreciation, this home is a prime choice for Owner-Occupants or first-time buyers seeking a well-maintained, high-potential residence.
Estimated Market Value
$781,889+$52,889 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Fair Oaks.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4950 Richwood Court Subject | $729,000* List Price | 5 | 4 | 2,857 | $274 | - |
A 5105 Cocoa Palm Way Sold | $815,000 | 5 | 5 | 3,244 | $251 | 0.2 mi |
B 8004 Withrow Court Sold | $890,000 | 4 | 3 | 2,872 | $310 | 0.4 mi |
C 8309 Maverick Court Sold | $800,000 | 4 | 3 | 2,690 | $297 | 0.7 mi |
D 5343 Maui Way Sold | $645,000 | 4 | 3 | 2,530 | $255 | 0.5 mi |
E 5149 Molakini Court Sold | $885,000 | 5 | 3 | 3,434 | $258 | 0.5 mi |
F 5109 Dory Way Sold | $800,000 | 3 | 2 | 2,508 | $319 | 1.0 mi |
G 5800 Shelldrake Court Sold | $672,000 | 5 | 3 | 2,396 | $280 | 1.0 mi |
H 8023 Ridgeglen Way Pending | $799,000 List Price | 5 | 3 | 3,028 | $264 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1962, the property is well-maintained and move-in ready with significant recent updates. Key systems are improved with a newer HVAC and a pool resurfaced in 2025. The interior features newer LVP flooring and stainless steel appliances, though the kitchen retains dated tile countertops and older cabinetry styles, placing it firmly in the 'Good' category rather than 'Excellent'.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13068, living area = 2857.
- Versatile Multi-Generational Layout
The 2,857 sqft floor plan features five bedrooms, including a private upstairs suite that offers flexibility for multi-generational living, a home office, or a guest retreat.
- Refreshed Outdoor Oasis
Situated on a spacious corner lot, the backyard features a pool newly resurfaced in 2025 with updated equipment and a large covered patio for year-round entertaining.
CONSRISKS & DEFICIENCIES
- Cosmetic Updating Required
While well-maintained, the property is positioned as an opportunity for buyers to add personal touches, suggesting that interior finishes may be dated and require modernization.
- Inconsistent School Ratings
Although the high school is top-rated, the assigned elementary school has a lower rating of 3, which may be a drawback for families with younger children.
About 4950 Richwood Court
Welcome to this exceptional 5-bedroom, 3.5-bathroom home located in one of Fair Oaks' most sought-after neighborhoods. Situated on a spacious corner lot with mature landscaping, this property offers the perfect blend of comfort, functionality, and outdoor living. Designed for both everyday living and entertaining, the thoughtfully crafted floor plan features 4 bedrooms and 2.5 bathrooms on the main level, along with multiple living spaces including a formal living room and an expansive family room. The family room and kitchen each showcase their own cozy fireplace, creating warm and inviting gathering spaces throughout the home. The spacious kitchen offers abundant cabinetry, generous counter space, and seamless flow into the family room, making it ideal for entertaining. Large windows fill the home with natural light and provide beautiful views of the backyard retreat. Upstairs, you'll find a private oversized suite with a full bathroom that offers endless possibilities. Whether used as a luxurious primary retreat, guest quarters, game room, home office, or multi-generational living space, this versatile area can easily adapt to your needs. Step outside to your own backyard oasis featuring a sparkling pool, newly resurfaced in 2025, along with updated pool equipment, a large covered patio perfect for outdoor dining and entertaining, and ample yard space for gardening, pets, and recreation. The corner lot provides added privacy and room to enjoy California living year-round. Perfect for a new owner to add their own personal touches and make this home truly their own. Lovingly maintained and well cared for by its current owners, the property offers a wonderful opportunity to update and customize while enjoying its spacious layout, solid condition, and desirable location. Additional highlights include a newer HVAC system, indoor laundry area, abundant storage, and a flexible layout designed to accommodate a variety of lifestyles. Conveniently located near parks, shopping, dining, and top-rated schools, this Fair Oaks gem presents a rare opportunity to own a spacious, well-maintained home in an established neighborhood with timeless appeal.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1962
- Lot Size
- 13,068 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Fair Oaks Unified Schools
Northridge Elementary School
Grades K-6 • 0.3 mi
3/10
Harry Dewey Fundamental Elementary School
Grades K-6 • 2.1 mi
7/10
Andrew Carnegie Middle School
Grades 6-8 • 1.7 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.4 |
| Baths | 4.0 | 2.4 |
| Square foot | 2,857 | 1,912.5 |
| Lot Size | 13,068 | 10,514.569 |
| Price | $729.0K | $656.6K |
| Price per sq ft | $255 | $347 |
| Built year | 1962 | 1978 |
| HOA | $0 | $387 |
| Days on market | 36 | 41 |
Pricing History
Listed for Sale
Aug 4, 2026
$729,000
Initial Listing
Sold
Feb 26, 2021
$450,000
Public Record