
Carmichael, CA 95608
This Updated Carmichael Ranch is a Strong Value Opportunity, listed at $625,000—positioned well below the $661,917 Fair Market Value by 5%. This valuation gap offers $36,917 in Instant Equity. Maintaining a Good Condition Rating, the property features a Granite Kitchen, Sparkling Sport Pool, and a Detached Studio perfect for a home office. With dual RV Access and proximity to the well-rated Rio Americano High School, it combines lifestyle luxury with clear financial upside. This is an ideal opportunity for Owner-Occupants or Buy-and-Hold Investors.
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 | $372 | - |
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 4905 Heatherdale Ln Sold | $645,000 | 4 | 3 | 1,777 | $363 | 0.8 mi |
D 2016 Santa Lucia Way Sold | $725,000 | 3 | 2 | 1,705 | $425 | 0.6 mi |
E 5417 Home Court Sold | $739,000 | 4 | 2 | 1,923 | $384 | 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.
Property is move-in ready.
The property is move-in ready and has been nicely updated with modern features including laminate flooring, granite countertops, a kitchen island, recessed lighting, and plantation shutters. While the home was built in 1955, the interior renovations and well-maintained outdoor amenities like the pool and covered patio align with the 'good' criteria, showing minimal wear and tear without being a brand-new or total recent gut-rehabilitation.
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.
The property features a large corner lot equipped with a sparkling sport pool, a spacious covered patio, and a firepit, making it an ideal setting for year-round outdoor living and hosting.
Beyond the main living area, the detached two-car garage includes an additional studio space perfect for a home office, gym, or creative retreat, catering to modern work-from-home needs.
While the high school is well-rated, the designated K-8 school has a lower rating of 3, which may be a significant consideration for families prioritizing primary education quality.
There is a notable inconsistency between the official data of 3 bedrooms and the marketing description of 4 bedrooms, which could lead to appraisal issues or buyer confusion regarding permitted space.
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.
No exterior & parking available.
Grades K-6 • 4.1 mi
Grades K-8 • 0.4 mi
Grades 6-8 • 2.1 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 | 1,777 | 1,707 | 55% |
| Lot Size | 10,367 | 9,583 | 65% |
| Price | $625.0K | $570.0K | 62% |
| Price per sq ft | $352 | $361 | 44% |
| Built year | 1955 | 1963 | 14% |
| HOA | $0 | $0 | 50% |
| Days on market | 97 | 168 | 26% |
Feb 28, 2026
$625,000
$650,000
-4% Price Drop
Initial Listing
Jan 16, 2026
$650,000
Initial Listing
Apr 20, 2021
$625,000
Public Record