5068 Keane Dr, Carmichael, CA 95608, Carmichael, 95608 - 3 bed, 3 bath
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5068 Keane Dr
Carmichael, CA 95608
ACTIVE
CONDITION: POOR
3Beds
3Baths
2,368Sq Ft
13,499Lot Size
Property Price
LIST PRICE$699,000
EST. MARKET VALUE
$616,390
13% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $699,000—positioned well below the $616,391 Fair Market Value by -13%. While the property requires significant rehabilitation given its Condition Rating of 5, the expansive 13,499 sqft lot and proximity to top-rated schools like Del Dayo Elementary and Rio Americano High provide a strong foundation for value-add projects. This asset is ideal for Fix-and-Flip Investors or Contractors capable of executing a comprehensive renovation to capture long-term appreciation.
Estimated Market Value
$616,390
Based on Realkey algorithm analyzing recent comparable sales in Carmichael.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5068 Keane Dr Subject 3 bd · 3 ba · 2,368 sqft · $260 | $699,000* List Price | 3 | 3 | 2,368 | $260 | - |
A 5649 Newbury Way Sold 4 bd · 3 ba · 2,418 sqft · $366 · 0.8 mi | $885,000 | 4 | 3 | 2,418 | $366 | 0.8 mi |
B 4760 Bowerwood Drive Sold 5 bd · 3 ba · 2,249 sqft · $258 · 0.6 mi | $580,000 | 5 | 3 | 2,249 | $258 | 0.6 mi |
C 1451 McClaren Drive Pending 3 bd · 2 ba · 2,076 sqft · $361 · 0.3 mi | $749,000 List Price | 3 | 2 | 2,076 | $361 | 0.3 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 1971 (53 years old) with no evidence of recent renovations. The listing's 'as-is' status, short-sale requirement, and call for buyers to 'bring your vision' indicate a property needing significant rehabilitation. Neglected exterior landscaping and the age of the structure suggest original systems, kitchen, and baths that likely require full replacement.
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 = 13499, living area = 2368.
- Highly-Rated School District
The property is situated in a desirable area with access to top-tier schools like Del Dayo Elementary and Rio Americano High, both boasting strong ratings and close proximity.
- Substantial Lot and Square Footage
With a generous 13,499 square foot lot and over 2,300 square feet of living space, this residence offers significant scale and privacy rarely found at this price point in Carmichael.
CONSRISKS & DEFICIENCIES
- Short Sale Complexity
The requirement for short-sale lender approval introduces potential delays and uncertainty into the closing process, which may not suit buyers on a strict timeline.
- As-Is Condition
Sold in its present as-is condition via a trust sale, the property likely requires immediate and significant capital investment for repairs and modernization.
About 5068 Keane Dr
Opportunity awaits at 5068 Keane Drive in Carmichael! Bring your vision and explore the potential to personalize this property to suit your needs. Offered through a trust sale and subject to short-sale lender approval. Property is being sold in its present as-is'' condition, with no warranties expressed or implied by the seller. Buyer to investigate and verify property condition, square footage, permits, and all other matters material to the purchase.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1971
- Lot Size
- 13,499 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
Carmichael Unified Schools
Del Dayo Elementary School
Grades K-6 • 0.4 mi
7/10
Harry Dewey Fundamental Elementary School
Grades K-6 • 4.8 mi
7/10
Arden Middle School
Grades 6-8 • 2.2 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.3 |
| Baths | 3.0 | 2.3 |
| Square foot | 2,368 | 1,856.281 |
| Lot Size | 13,499 | 9,971.489 |
| Price | $699.0K | $608.9K |
| Price per sq ft | $295 | $347 |
| Built year | 1971 | 1964 |
| HOA | $0 | $192 |
| Days on market | 9 | 48 |
Pricing History
Listed for Sale
Oct 16, 2026
$699,000
Initial Listing