5018 Rimwood Drive, Fair Oaks, CA 95628, Fair Oaks, 95628 - 4 bed, 3 bath
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5018 Rimwood Drive
Fair Oaks, CA 95628
ACTIVE
CONDITION: POOR
4Beds
3Baths
1,989Sq Ft
9,148Lot Size
Property Price
LIST PRICE$525,000
EST. MARKET VALUE
$527,594
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $525,000—positioned well below the $527,594 Fair Market Value by 0.49%. This valuation gap offers $2,594 in Instant Equity for buyers willing to execute a comprehensive renovation. With a Condition Rating of 5, the home requires significant modernization, yet the large corner lot, swimming pool, and proximity to Bella Vista High School provide strong long-term upside. This is a value-add asset ideal for Fix-and-Flip Investors or Contractors seeking a project.
Estimated Market Value
$527,594
Based on Realkey algorithm analyzing recent comparable sales in Fair Oaks.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5018 Rimwood Drive Subject | $525,000* List Price | 4 | 3 | 1,989 | $265 | - |
A 11990 Fair Oaks Boulevard Pending | $449,000 List Price | 4 | 2 | 2,205 | $204 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1976 and explicitly marketed as a 'diamond in the rough' for investors and flippers. The interior shows significant deferred maintenance, including popcorn ceilings, dated fixtures, and worn flooring. The presence of a window AC unit in a home of this size suggests the central HVAC system may be failing, and the overall property requires a comprehensive rehab to meet 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 = 9148, living area = 1989.
- Prime Lot and Outdoor Amenities
Situated on a large corner lot at the end of a cul-de-sac, the property features a swimming pool, spa, and generous RV access, offering exceptional outdoor utility and privacy.
- High Investment Potential
Positioned as a 'diamond in the rough' in the desirable Ridgecrest neighborhood, this home offers significant upside for investors or flippers to build equity through renovation.
CONSRISKS & DEFICIENCIES
- Extensive Renovation Required
The home is in need of a complete transformation, requiring a substantial budget for modernization and repairs to bring it up to current market standards.
- Dated Infrastructure
Built in 1976 and marketed for restoration, the property likely possesses aging systems and cosmetic finishes that may necessitate immediate attention upon purchase.
About 5018 Rimwood Drive
Welcome to 5018 Rimwood Drive, located in the desirable Ridgecrest neighborhood of Fair Oaks. Situated on a large corner lot at the end of a cul-de-sac, this four-bedroom, two-and-a-half-bath home offers an exciting opportunity for investors, flippers, or buyers looking to create something special. This diamond in the rough is ready for a transformation. The expansive backyard features a spacious swimming pool and spa, along with generous RV access and plenty of room to reimagine the outdoor space into an entertainer's paradise. Located in a well-kept, established neighborhood and conveniently close to shopping, dining, Sunrise Mall, and everyday amenities, the property combines a desirable location with tremendous upside potential. Bring your vision and creativity5018 Rimwood Drive is an opportunity to renovate, restore, and unlock the full potential of this Fair Oaks property.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1976
- Lot Size
- 9,148 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Fair Oaks Unified Schools
Northridge Elementary School
Grades K-6 • 0.5 mi
3/10
Harry Dewey Fundamental Elementary School
Grades K-6 • 1.8 mi
7/10
Andrew Carnegie Middle School
Grades 6-8 • 2.0 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.4 |
| Baths | 3.0 | 2.4 |
| Square foot | 1,989 | 1,912.5 |
| Lot Size | 9,148 | 10,514.569 |
| Price | $525.0K | $656.6K |
| Price per sq ft | $264 | $347 |
| Built year | 1976 | 1978 |
| HOA | $0 | $387 |
| Days on market | 23 | 41 |
Pricing History
Listed for Sale
Aug 17, 2026
$525,000
Initial Listing
Sold
May 25, 2012
$250,000
Public Record
Sold
May 31, 2002
$280,000
Public Record