5032 Sky Parkway, Sacramento, CA 95823, Sacramento, 95823 - 3 bed, 2 bath
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5032 Sky Parkway
Sacramento, CA 95823
ACTIVE
CONDITION: POOR
3Beds
2Baths
1,396Sq Ft
6,534Lot Size
Property Price
LIST PRICE$339,000
EST. MARKET VALUE
$339,000
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $339,000, which aligns with the current market valuation. Featuring a 1,396 sq ft floor plan with a versatile extra room off the kitchen, this Single Family Residence offers significant upside for those capable of managing a comprehensive renovation. With a Condition Rating of 5, the home requires extensive interior and exterior work. This is a strategic acquisition for Fix-and-Flip Investors or Contractors seeking a project with clear value-add potential.
Estimated Market Value
$339,000
Based on Realkey algorithm analyzing recent comparable sales in Sacramento.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5032 Sky Parkway Subject | $339,000* List Price | 3 | 2 | 1,396 | $243 | - |
A 6741 50th Street Sold | $410,000 | 4 | 2 | 1,625 | $252 | 0.2 mi |
B 4304 Greenwich Circle Sold | $420,000 | 3 | 2 | 1,462 | $287 | 0.6 mi |
C 4736 F Parkway Sold | $430,000 | 3 | 2 | 1,530 | $281 | 0.7 mi |
D 6717 52nd Street Sold | $380,000 | 3 | 2 | 1,305 | $291 | 0.4 mi |
E 6836 Burdett Way Sold | $330,000 | 4 | 2 | 1,924 | $172 | 0.5 mi |
F 7016 Uranus Pkwy Pending | $334,950 List Price | 3 | 2 | 1,395 | $240 | 0.1 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 1960 with no evidence of recent renovations, this property is over 60 years old and described as needing repair throughout. The listing explicitly states that both interior and exterior areas require renovation and it is being sold as-is, indicating significant rehab is necessary.
PROSSTRENGTHS & OPPORTUNITIES
- Equity Growth Potential
Priced competitively for its condition, this property offers a significant opportunity for investors or handy homeowners to build immediate equity through strategic renovations.
- Versatile Floor Plan
The 1,396 sq ft layout includes a dedicated extra room off the kitchen, providing a functional space ideal for a home office or flexible living area.
- Generous Lot Size
Situated on a 6,534 sq ft lot, the property provides ample outdoor space for landscaping, potential expansion, or creating a large private backyard.
CONSRISKS & DEFICIENCIES
- Extensive Renovation Required
The property requires comprehensive repairs to both the interior and exterior, necessitating a substantial additional investment of time and capital.
- Strict As-Is Condition
Sold strictly as-is with all repairs being the buyer's responsibility, the home may face challenges with traditional financing and requires a buyer ready for a major project.
About 5032 Sky Parkway
Opportunity knocks in South Sacramento! This 3-bedroom, 1.5 bath home offers 1,396 sq ft of living space on a large lot, perfect for buyers looking for a project with upside. The property needs repair throughout and is priced accordingly for its condition. With the right vision, this home has excellent potential whether you're an investor, contractor, or homeowner ready to build equity. The spacious home has an extra room off kitchen perfect for a home office. Interior and exterior areas will require renovation, and the property is being sold AS IS, with ANY and ALL repairs to be completed by new Buyer.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1960
- Lot Size
- 6,534 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sacramento Unified Schools
Nicholas Elementary School
Grades K-6 • 0.5 mi
3/10
Parkway Elementary School
Grades K-6 • 0.8 mi
3/10
Charles E. Mack Elementary School
Grades K-6 • 1.4 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,396 | 1,540.857 |
| Lot Size | 6,534 | 6,330.116 |
| Price | $339.0K | $508.1K |
| Price per sq ft | $243 | $333 |
| Built year | 1960 | 1975 |
| HOA | $0 | $128 |
| Days on market | 95 | 45 |
Pricing History
Listed for Sale
Jun 6, 2026
$339,000
Initial Listing