5001 Boyd Drive, Carmichael, CA 95608, Carmichael, 95608 - 3 bed, 2 bath
5001 Boyd Drive
Carmichael, CA 95608
Property Price
SUMMARY
Analysis of 5001 Boyd Drive, Carmichael, CA 95608 reveals a Prime Investment Opportunity with a current list price of $625,000—significantly undercutting the $670,953 Fair Market Value by 6%. This valuation gap indicates a +$45,953 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Carmichael Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5001 Boyd Drive Subject | $625,000* List Price | 3 | 2 | 1,777 | $378 | - |
A 2033 Santa Lucia Way Sold | $675,000 | 3 | 2 | 1,523 | $443 | 0.5 mi |
B 2008 Santa Lucia Way Sold | $690,000 | 3 | 2 | 1,776 | $389 | 0.6 mi |
C 1858 Byers Court Sold | $710,000 | 3 | 2 | 1,567 | $453 | 0.5 mi |
D 2016 Santa Lucia Way Sold | $725,000 | 3 | 2 | 1,705 | $425 | 0.6 mi |
E 2512 Midland Way Sold | $549,000 | 3 | 2 | 1,721 | $319 | 0.4 mi |
F 2008 Santa Lucia Way Active | $699,999 List Price | 3 | 2 | 1,776 | $394 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
This 1955-built home has undergone significant and appealing updates, including laminate flooring throughout, granite kitchen countertops with an island, white cabinetry, recessed lighting, crown molding, and plantation shutters, making it largely move-in ready. The kitchen is modern and functional. However, the bathrooms, while clean and well-maintained, feature older styles such as pedestal sinks, a gold-framed shower, and dated tile in the second bathroom, indicating they have not been extensively renovated recently. The age of core systems (HVAC, plumbing, electrical) is not specified, which is a common consideration for a home of this vintage. Overall, the property presents well and is in good condition, but the bathrooms and potential age of major systems prevent an 'Excellent' rating.
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 = 10367, living area = 1777.
- Outdoor Entertainment Oasis
The backyard is designed for entertaining, featuring a spacious covered patio, a sparkling sport pool, and a firepit for year-round enjoyment.
- Versatile Additional Spaces
Beyond the 3 bedrooms, there's a flexible room for a 4th bedroom/office, plus a detached studio attached to the garage, perfect for various uses like an office, craft room, or 'man cave/she shed'.
CONSRISKS & DEFICIENCIES
- Age of Core Systems
Built in 1955, while 'nicely updated,' the description does not specify updates to major systems like HVAC, plumbing, or electrical, which may be older and could require future investment.
- Mixed School Performance
One of the nearby K-8 schools (Starr King K-8) has a lower rating (3/10), which might be a consideration for families prioritizing top-tier public education.
- Higher Maintenance for Amenities
The presence of a sport pool and a larger .24-acre lot, while attractive, will incur higher ongoing maintenance costs and utility expenses compared to properties without these features.
About 5001 Boyd Drive
Nicely updated Carmichael home situated on a large corner lot with a spacious covered patio and sparkling sport pool. Perfect for entertaining, the backyard also features a firepit for cozy evenings year-round. This home offers 4 bedrooms with additional office or flex space attached to the detached garage. Highlights include laminate flooring throughout, granite kitchen countertops with island, ample cabinetry, pantry closet, and a fireplace in the open family and kitchen area. Additional features include recessed lighting, crown molding, and plantation shutters. The property offers excellent parking and storage options with RV access on both sides of the home, including one side with an iron gate and generous additional parking. Detached 2 car garage has adtional studio attached perfect for an office, craft room, man cave or she shed. Easy access to freeways, shopping, dining, and close to the new Lifetime Fitness Athletic Club.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1955
- Lot Size
- 10,367 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Carmichael Unified Schools
Harry Dewey Fundamental Elementary School
Grades K-6 • 4.1 mi
Starr King K-8
Grades K-8 • 0.4 mi
Arden Middle School
Grades 6-8 • 2.1 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,777 | 1,707 | 55% |
| Lot Size | 10,367 | 9,696.5 | 63% |
| Price | $625.0K | $547.5K | 67% |
| Price per sq ft | $352 | $350 | 51% |
| Built year | 1955 | 1963 | 13% |
| HOA | $0 | $0 | 50% |
| Days on market | 50 | 169 | 6% |
Pricing History
Listed for Sale
Feb 28, 2026
$625,000
$650,000
-4% Price Drop
Initial Listing
Price Change
Jan 16, 2026
$650,000
Initial Listing
Sold
Apr 20, 2021
$625,000
Public Record