
Elk Grove, CA 95757
This High-Potential Investment Opportunity is listed at a List Price of $560,000, positioned well below the $571,884 Fair Market Value by 2%. This valuation gap provides $11,884 in Instant Equity. Featuring a Granite Kitchen and a low-maintenance concrete backyard, the home maintains a Condition Rating of 4. Located near top-rated schools like Laguna Creek High, this property offers a stable foundation for Buy-and-Hold Investors or Owner-Occupants seeking a well-maintained residence with immediate value upside in a prime Elk Grove neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5009 Felicia Way Subject | $560,000* List Price | 4 | 3 | 1,795 | $319 | - |
A 4520 Crown Bench Circle Sold | $671,900 | 3 | 2 | 2,301 | $292 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1993 (31 years old), placing it in the >20y age bracket. While the listing notes a 'well maintained' condition and a granite kitchen update, the home is likely dated in its original systems (HVAC/Electric) and bathrooms, fitting the criteria for a functional but dated residence needing minor updates.
The home features a granite kitchen, providing a contemporary and durable workspace that appeals to modern buyers looking for move-in-ready features.
A beautiful concrete backyard offers a functional, low-maintenance space perfect for outdoor gatherings without the upkeep of a traditional lawn.
With zero association fees, this property offers a significant financial advantage by reducing monthly carrying costs compared to many other developments in Elk Grove.
The concrete-focused backyard may be a drawback for buyers specifically seeking traditional garden space or grass for pets and children.
Built in 1993, the property is at an age where major systems like the roof or HVAC may require inspection or upcoming capital investment if not recently updated.
Beautiful well maintained 4bd/2-1/2 bath, 2 car garage, granite kitchen, beautiful concrete backyard great for entertaining. Conveniently located in an established neighborhood, supermarket, dining, and schools.
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades K-6 • 0.9 mi
Grades 7-8 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,795 | 2,065.354 |
| Lot Size | 5,401 | 6,415.572 |
| Price | $560.0K | $628.7K |
| Price per sq ft | $312 | $316 |
| Built year | 1993 | 2000 |
| HOA | $0 | $172 |
| Days on market | 5 | 45 |
Sep 4, 2026
$560,000
Initial Listing
Feb 16, 2010
$210,000
Public Record