
Sacramento, CA 95819
This Stunning Move-In Ready Craftsman is a Strong Value Opportunity, listed at $1,189,000—positioned well below the $1,240,571 Fair Market Value by 4%. This valuation gap offers $51,571 in Instant Equity for the buyer. Featuring an Excellent Condition Rating following a 2023 high-end renovation, this home includes a designer kitchen with GE Monogram appliances and radiant heated floors. Overlooking East Portal Park, it is an ideal sanctuary for discerning professionals or owner-occupants seeking historic charm with modern luxury.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5027 M St Subject 3 bd · 2 ba · 2,454 sqft · $506 | $1,189,000* List Price | 3 | 2 | 2,454 | $506 | - |
A 1402 51st Street Sold 3 bd · 3 ba · 2,407 sqft · $513 · 0.1 mi | $1,235,000 | 3 | 3 | 2,407 | $513 | 0.1 mi |
B 1372 43rd Street Sold 4 bd · 3 ba · 2,536 sqft · $578 · 0.5 mi | $1,465,000 | 4 | 3 | 2,536 | $578 | 0.5 mi |
C 1536 49th Sold 3 bd · 3 ba · 1,481 sqft · $587 · 0.3 mi | $870,000 | 3 | 3 | 1,481 | $587 | 0.3 mi |
D 1557 48th Street Sold 3 bd · 3 ba · 1,740 sqft · $532 · 0.3 mi | $925,000 | 3 | 3 | 1,740 | $532 | 0.3 mi |
E 836 52nd Street Sold 3 bd · 2 ba · 1,836 sqft · $490 · 0.3 mi | $900,000 | 3 | 2 | 1,836 | $490 | 0.3 mi |
F 1240 54th Street Sold 3 bd · 3 ba · 1,610 sqft · $556 · 0.2 mi | $894,500 | 3 | 3 | 1,610 | $556 | 0.2 mi |
G 5201 F Street Sold 4 bd · 3 ba · 2,202 sqft · $624 · 0.5 mi | $1,375,000 | 4 | 3 | 2,202 | $624 | 0.5 mi |
H 5808 O Street Pending 4 bd · 2 ba · 2,136 sqft · $463 · 0.6 mi | $989,500 List Price | 4 | 2 | 2,136 | $463 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Extensive 2023 high-end renovation (<1 year old) including all major systems: new roof, HVAC, electrical, plumbing, and tankless water heater. Features a modern designer kitchen with GE Monogram appliances and luxury bathrooms with radiant heated floors.
The property underwent extensive 2023 upgrades including new electrical, plumbing, HVAC, roof, and Andersen dual-pane windows, providing modern reliability within a historic shell.
This 1907 Craftsman 'High-Water Bungalow' features unique stone construction from the historic Zelda’s Stone Quarry, offering rare character and a significant piece of Sacramento history.
Situated on a generous corner lot directly overlooking East Portal Park, the home offers exceptional views, lush landscaping with fruit trees, and a detached two-car garage with alley access.
While the neighborhood is highly desirable, several assigned schools in the immediate vicinity carry lower ratings, which may be a concern for families prioritizing public education performance.
The traditional 'High-Water' architectural style and the placement of the primary suite on the lower level require navigating stairs, which may not suit buyers looking for single-level living.
Sleeping Beauty Awakens! Standing tall and rich in history, this Iconic 1907 Craftsman sister stone High-Water Bungalow is one of Sacramento's architectural treasures. Overlooking East Portal Park, the former site of Zelda's Stone Quarry, this distinctive home is believed to have been built using stone from the quarry. Local lore suggests it once housed the quarry's foreman and later served as a Sacramento State sorority house. Lovingly brought back to life, the home has been thoughtfully reimagined from the inside out, blending historic charm with modern luxury. Extensive 2023 improvements include updated electrical and plumbing, Lutron lighting, a new roof, Andersen dual-pane windows (excluding sunroom), partial sewer line replacement, tankless water heater, HVAC, and mini-split systems. A welcoming foyer with built-in bench and storage leads to beautiful, engineered hardwood floors and an open living and dining area with custom built-ins. The adjoining kitchen shines with quartz countertops, designer tile, breakfast bar, and stainless GE Monogram appliances, including a professional dual-fuel range. A true delight, the sunroom is wrapped in windows overlooking the parkan idyllic spot for morning coffee or relaxing on the adjoining porch. The lower level features a spacious family room, laundry room with sink and backyard access, and a generous primary suite with two closets, including a walk-in. The primary bath offers radiant heated floors and a Toto Washlet. Proudly positioned on an expansive corner lot at 51st and M Streets, the grounds are equally enchanting. Natural landscaping, raised herb and vegetable gardens, drip irrigation, and an assortment of fruit treespluot, fig, Cara Cara orange, lime, and Meyer lemoncreate a lush setting. A grand staircase welcomes you to the front porch with beautiful park views.The generous backyard is anchored by a magnificent cedar tree, offering a peaceful retreat, while a detached two-car garage provides convenient alley access. A rare opportunity to own a beautifully revived piece of Sacramento history, where timeless character and charm meets today's comforts.
No exterior & parking available.
Grades K-6 • 1.0 mi
Grades K-6 • 1.0 mi
Grades K-6 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 2,454 | 1,541.53 |
| Lot Size | 8,564 | 6,320.667 |
| Price | $1.19M | $503.2K |
| Price per sq ft | $485 | $331 |
| Built year | 1907 | 1975 |
| HOA | $0 | $130 |
| Days on market | 11 | 47 |
Oct 13, 2026
$1,189,000
Initial Listing
Apr 29, 2022
$735,000
Public Record
Apr 28, 2009
$380,000
Public Record
Dec 14, 1998
$185,000
Public Record