5105 Cocoa Palm Way, Fair Oaks, CA 95628, Fair Oaks, 95628 - 5 bed, 5 bath
Loading property details...
Fair Oaks, CA 95628
This Versatile Multi-Generational Residence is a Strong Value Opportunity, listed at $849,900—positioned well below the $911,911 Fair Market Value by 6%. This valuation gap secures $62,011 in Instant Equity for the incoming buyer. Boasting a Condition Score of 3, the property features a brand-new luxury backyard with a pool and dual primary suites, offering significant lifestyle utility. Located within the 8/10 rated Bella Vista High School boundaries, it balances major infrastructure upgrades with room for cosmetic personalization. This is an ideal find for Owner-Occupants or Multi-generational Families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5105 Cocoa Palm Way Subject | $849,900* List Price | 5 | 5 | 3,244 | $281 | - |
A 5149 Molakini Court Sold | $885,000 | 5 | 3 | 3,434 | $258 | 0.4 mi |
B 4951 Richwood Court Sold | $795,900 | 4 | 2 | 2,338 | $340 | 0.2 mi |
C 5533 Tuckeroo Way Sold | $915,000 | 5 | 4 | 3,445 | $266 | 0.9 mi |
D 4609 Lei Street Sold | $811,000 | 4 | 3 | 2,400 | $338 | 0.6 mi |
E 5800 Shelldrake Court Sold | $672,000 | 5 | 3 | 2,396 | $280 | 0.9 mi |
F 8023 Ridgeglen Way Active | $799,000 List Price | 5 | 3 | 3,028 | $264 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1965, the property is well-maintained and move-in ready. It features excellent updates to major systems including a new HVAC and tankless water heater, along with a brand-new luxury backyard and pool area. While the interior styling is dated and requires cosmetic updates, the overall functional condition and recent high-ticket improvements elevate it above fair.
The property features a brand-new entertainer's backyard including a sparkling pool, hot tub, fire pit, and a fully updated pool house with a full bathroom, offering exceptional value for hosting.
With two primary suites—one on each level—and a total of five bathrooms, the home offers a rare and flexible floor plan ideal for multi-generational living or guest privacy.
Recent investments in a new HVAC system and tankless water heater provide essential peace of mind and long-term cost savings for the buyer regarding major home systems.
The listing indicates the interior offers room for a 'personal touch,' suggesting that some rooms may require additional investment to modernize the aesthetic to match the updated exterior.
While the assigned high school is highly rated at 8/10, the local elementary school has a lower rating of 3/10, which may be a concern for families with younger children.
Welcome to Crest Ridge Estates, Fair Oaks' best-kept secret! This rare find offers 4-5 bedrooms, 4 bathrooms, and two primary suites (one upstairs and one downstairs) with an open and versatile floor plan. Freshly painted rooms and filled with natural light, the home features a show-stopping brick fireplace in the family room, granite counters in the kitchen, formal living and dining, plus surround-sound wiring. The backyard is an entertainer's dream - brand-new with a sparkling pool, hot tub, fire pit, BBQ, and an updated pool house with a full bathroom. Fully fenced with a play structure, multiple fruit trees and even a chicken coop! Enjoy peace of mind with a new HVAC system and tankless water heater. While the interior offers room for your personal touch, opportunities like this rarely hit the market in this coveted neighborhood. Don't miss your chance to make Crest Ridge Estates home!
No exterior & parking available.
Grades K-6 • 0.1 mi
Grades K-6 • 2.3 mi
Grades 6-8 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 90% |
| Baths | 5.0 | 2.0 | 97% |
| Square foot | 3,244 | 1,934 | 91% |
| Lot Size | 12,632 | 10,724.5 | 67% |
| Price | $849.9K | $650.0K | 80% |
| Price per sq ft | $262 | $336 | 12% |
| Built year | 1965 | 1971 | 34% |
| HOA | $0 | $0 | 50% |
| Days on market | 6 | 181 | 1% |
Apr 16, 2026
$849,900
Initial Listing
Oct 28, 2016
$555,000
Public Record