4950 Richwood Court, Fair Oaks, CA 95628, Fair Oaks, 95628 - 5 bed, 4 bath
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Fair Oaks, CA 95628
This Spacious Multi-Generational Home represents a Strong Value Opportunity, listed at $749,000—positioned well below the $846,960 Fair Market Value by 11%. This valuation gap provides $97,960 in Instant Equity for the buyer. Featuring a 3/5 Condition Rating, the home includes a sparkling pool, expansive patio, and a versatile layout. Located near the highly-rated Bella Vista High School, this property is an ideal acquisition for Owner-Occupants seeking long-term value or multi-generational families requiring flexible living space.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4950 Richwood Court Subject | $724,900* List Price | 5 | 4 | 2,857 | $254 | - |
A 5105 Cocoa Palm Way Sold | $815,000 | 5 | 5 | 3,244 | $251 | 0.2 mi |
B 5343 Maui Way Sold | $645,000 | 4 | 3 | 2,530 | $255 | 0.5 mi |
C 5149 Molakini Court Sold | $885,000 | 5 | 3 | 3,434 | $258 | 0.5 mi |
D 5109 Dory Way Sold | $800,000 | 3 | 2 | 2,508 | $319 | 1.0 mi |
E 5800 Shelldrake Court Sold | $672,000 | 5 | 3 | 2,396 | $280 | 1.0 mi |
F 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.
Property is move-in ready.
Although built in 1962, the property is well-maintained and move-in ready with several key updates. It features a newer HVAC system, updated flooring (LVP and carpet), fresh interior paint, and stainless steel kitchen appliances. While some elements like the tile countertops and cabinet styles remain dated, the overall condition is functional and reflects a home that has undergone significant maintenance and cosmetic refreshing within the last 5-15 years.
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.
The 2,857 sqft floor plan features five bedrooms and a private upstairs suite, providing exceptional flexibility for multi-generational living, guest quarters, or a spacious home office.
Situated on a large corner lot, the backyard offers a private oasis with a sparkling pool, mature landscaping, and an expansive covered patio ideal for year-round entertaining.
Built in 1962, the home may require cosmetic updates or renovations to the kitchen and bathrooms to align with contemporary design trends and buyer expectations.
While the high school is highly rated, the closest elementary school has a significantly lower rating of 3, which may be a concern for families with young children.
Motivated Seller! 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.
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades K-6 • 2.1 mi
Grades 6-8 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 0.0 |
| Baths | 4.0 | 0.0 |
| Square foot | 2,857 | - |
| Lot Size | 13,068 | - |
| Price | $724.9K | $698.7K |
| Price per sq ft | $254 | $341 |
| Built year | 1962 | 0 |
| HOA | $0 | $0 |
| Days on market | 71 | 36 |
Jun 17, 2026
$724,900
$734,900
-1% Price Drop
Initial Listing
May 27, 2026
$734,900
$749,000
-2% Price Drop
Initial Listing
May 12, 2026
$749,000
Initial Listing
Feb 26, 2021
$450,000
Public Record