5123 Kauai Way, Fair Oaks, CA 95628, Fair Oaks, 95628 - 3 bed, 2 bath
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5123 Kauai Way
Fair Oaks, CA 95628
ACTIVE
CONDITION: GOOD
3Beds
2Baths
1,800Sq Ft
14,810Lot Size
Property Price
LIST PRICE$549,995
EST. MARKET VALUE
$608,172
9% BelowMARKET VALUE
SUMMARY
This Spacious Single-Family Residence is a Strong Value Opportunity, listed at $559,000—positioned well below the $626,304 Fair Market Value by 10%. This valuation gap offers $67,304 in Instant Equity. Featuring a Good Condition Rating, the home includes a Chef's Kitchen, brand-new 2026 roof, and a private 1/3 acre lot with secret gardens. While elementary school ratings vary, the proximity to Bella Vista High School adds long-term appeal. This property is an ideal acquisition for Owner-Occupants seeking value or first-time buyers prioritizing lifestyle.
Estimated Market Value
$608,172+$58,177 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 5123 Kauai Way Subject 3 bd · 2 ba · 1,800 sqft · $338 | $549,995* List Price | 3 | 2 | 1,800 | $338 | - |
A 8328 Woodborough Way Sold 3 bd · 3 ba · 1,885 sqft · $374 · 0.4 mi | $705,000 | 3 | 3 | 1,885 | $374 | 0.4 mi |
B 5425 Shire Court Sold 4 bd · 2 ba · 1,908 sqft · $351 · 0.4 mi | $670,000 | 4 | 2 | 1,908 | $351 | 0.4 mi |
C 8182 Niessen Way Sold 4 bd · 2 ba · 1,649 sqft · $371 · 0.6 mi | $611,000 | 4 | 2 | 1,649 | $371 | 0.6 mi |
D 4932 Hollycrest Way Active 4 bd · 3 ba · 1,915 sqft · $360 · 0.3 mi | $689,000 List Price | 4 | 3 | 1,915 | $360 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
The property was rebuilt in 2008 (18 years ago), placing it within the 10-20 year 'Good' bracket. It features a brand new roof (2026) and a tankless water heater. The kitchen and bathrooms are well-maintained and functional, though the cabinetry and tile work reflect the 2008 renovation style rather than modern trends.
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 = 14810, living area = 1800.
- Extensive Modern Upgrades
Rebuilt in 2008 with a brand-new 2026 roof and a tankless water heater, this home offers significant peace of mind and reduced immediate maintenance costs.
- Gourmet Chef's Kitchen
The kitchen features a large island with a breakfast bar, gas stove, and abundant storage, seamlessly flowing into the family room for an ideal entertaining layout.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1800, other record living area = 1520.
- Lower Elementary School Rating
The assigned Northridge Elementary School carries a rating of 3, which may be a consideration for families prioritizing high-performing primary education.
- Limited Bedroom Count
With only three bedrooms for an 1,800 square foot home on a large lot, the layout may not accommodate larger families or those requiring multiple dedicated home offices.
About 5123 Kauai Way
Rebuilt in 2008 with meticulous attention to detail. Beautiful 3bd/2ba home sits on a private 1/3 acre lot in Fair Oaks. Chef's kitchen has tons of counter space and an incredible amount of storage. It features an island with breakfast bar, gas stove and great room effect opening to the family room that features a Stage 2 EPA wood-burning fireplace that's never been used. Upgraded wood-effect tile floors, on-demand tankless water heater and cathedral ceilings are just the tip of the iceberg. Primary bathroom features a large jetted tub, skylight and a separate, custom, oversized walk-in shower. The huge back yard has secret gardens, a large covered patio with tropical ceiling fans for comfortable entertaining and plenty of room for an ADU. Truly a one-of-a-kind property. Brand new composition roof installed this summer. Auto sprinklers front and rear and a large dog run. Even more storage in the shed out back. There's even a key lock mail box. Separate living and family rooms, cathedral ceilings, skylight, fireplace, secret gardens and so much more!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1971
- Lot Size
- 14,810 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
Fair Oaks Unified Schools
Northridge Elementary School
Grades K-6 • 0.2 mi
3/10
Harry Dewey Fundamental Elementary School
Grades K-6 • 2.5 mi
7/10
Andrew Carnegie Middle School
Grades 6-8 • 1.4 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.3 |
| Baths | 2.0 | 2.6 |
| Square foot | 1,800 | 1,905.543 |
| Lot Size | 14,810 | 10,497.37 |
| Price | $550.0K | $653.6K |
| Price per sq ft | $306 | $336 |
| Built year | 1971 | 1976 |
| HOA | $0 | $343 |
| Days on market | 38 | 41 |
Pricing History
Listed for Sale
Oct 21, 2026
$549,995
$559,000
-2% Price Drop
Initial Listing
Price Change
Sep 19, 2026
$559,000
Initial Listing
Sold
Dec 12, 2003
$273,000
Public Record