5005 Shady Creek Lane, Granite Bay, CA 95746, Granite Bay, 95746 - 3 bed, 3 bath
5005 Shady Creek Lane
Granite Bay, CA 95746
Property Price
SUMMARY
Analysis of 5005 Shady Creek Lane, Granite Bay, CA 95746 reveals a property with a current list price of $1,188,000, which is 18% above the estimated $1,006,338 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Granite Bay 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 |
|---|---|---|---|---|---|---|
★ 5005 Shady Creek Lane Subject | $1,188,000* List Price | 3 | 3 | 2,124 | $474 | - |
A 4640 Lawrence Drive Sold | $945,000 | 4 | 3 | 2,114 | $447 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1975 and held by the same family for nearly 50 years, the property is well-maintained but reflects its original era. The kitchen features dated oak cabinetry, tile countertops, and older white appliances, while the bathrooms retain original fixtures and finishes. Interior elements such as wood paneling, older carpets, and fluorescent box lighting indicate a need for significant cosmetic modernization. While the home is functional and 'lovingly cared for,' it has not undergone the major renovations required to reach a 'good' or 'excellent' rating by modern standards.
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 = 54450, living area = 2124.
- Expansive Lot and Versatile Shop
The property sits on a generous 1.25-acre lot and features a detached 660 sqft shop, providing ample space for RV parking, hobbyists, or a potential ADU conversion.
- Prime Location and Financial Appeal
Nestled at the end of a private lane in highly desirable Granite Bay, this home offers exceptional privacy with the rare benefit of no HOA fees or Mello Roos taxes.
CONSRISKS & DEFICIENCIES
- Need for Modernization
Having been owned by the same family for nearly 50 years, the interior likely requires significant cosmetic updates to meet the expectations of modern luxury buyers.
- Aging Infrastructure
With a construction date of 1975, the property may require capital improvements for major systems such as roofing, plumbing, or electrical that are nearing the end of their functional life.
About 5005 Shady Creek Lane
Location, Location, Location. Built as the builders own home. A Rare Gem in Granite Bay! Nestled at the end of a private lane in the heart of Granite Bay, this custom, single-story ranch-style home offers a rare blend of Privacy, and timeless appeal. Step inside to find a spacious living area anchored by a stunning natural stone fireplace, vaulted ceilings, and exposed beams, creating a warm, inviting atmosphere with a rustic touch. The layout is ideal for daily living and entertaining. Sitting on 1.25 acres, the home has been lovingly cared for by the same family for nearly 50 years, and is now ready to begin a new chapter. The oversize 2 car Garage includes a large separate room providing excellent storage. Even more value is added with the detached 660 sqft shop, and there is plenty of room for RV or other parking needs. The shop provides the perfect space for automotive enthusiasts, hobbyists, or those with a vision for a future ADU (Accessory Dwelling Unit). Beyond the spacious rear deck there's room for a pool, outdoor kitchen, sports court, etc. Located close to top-rated schools, shopping, and excellent dining, this is a property that combines the best of country-style living with modern convenience. Don't miss this opportunity to own a truly special home in Granite Bay. With No HOA or Mello Roos Taxes this home is certainly one you will want to see and call your own.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1975
- Lot Size
- 54,450 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 22% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,124 | 3,072 | 17% |
| Lot Size | 54,450 | 14,804 | 91% |
| Price | $1.19M | $1.19M | 50% |
| Price per sq ft | $559 | $402 | 93% |
| Built year | 1975 | 1994 | 17% |
| HOA | $0 | $164 | 25% |
| Days on market | 8 | 183 | 1% |
Pricing History
Listed for Sale
Feb 27, 2026
$1,188,000
Initial Listing