
Fair Oaks, CA 95628
This Move-In Ready Single Family Residence is a Strong Value Opportunity, listed at $549,000—positioned well below the $549,675 Fair Market Value by 0.12%. Featuring an updated kitchen with stainless steel appliances and a private deck, the home maintains a Condition Rating of 3. Located in the prestigious Phoenix Field neighborhood near top-rated Bella Vista High School, this property offers a stable, high-quality lifestyle. It is an ideal acquisition for Owner-Occupants seeking a turnkey home or first-time buyers prioritizing school district quality.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5169 Rabeneck Way Subject | $549,000* List Price | 3 | 2 | 1,456 | $378 | - |
A 8909 Ramstad Avenue Sold | $599,000 | 4 | 2 | 1,619 | $370 | 0.1 mi |
B 8901 Cedarvillage Drive Sold | $640,000 | 4 | 2 | 1,726 | $371 | 0.1 mi |
C 9328 N Winding Oak Drive Sold | $640,000 | 3 | 2 | 1,746 | $367 | 0.9 mi |
D 8913 Ramstad Avenue Sold | $470,000 | 3 | 1 | 971 | $484 | 0.1 mi |
E 5011 Olean Street Active | $610,000 List Price | 3 | 2 | 1,416 | $431 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1969, the home has undergone significant renovations likely within the last 10-15 years. The kitchen features updated wood cabinetry, solid surface countertops, and stainless steel appliances. The bathrooms show similar updates, and the flooring throughout appears to be well-maintained laminate or engineered wood. The property is move-in ready and functional.
Situated in the highly desirable Phoenix Field area, the property offers an established community feel with mature trees and close proximity to Folsom Lake, parks, and dining.
The home is served by highly-rated schools, including Bella Vista High School (8/10) and Harry Dewey Fundamental (7/10), providing significant long-term value for families.
The absence of an association fee offers homeowners greater financial flexibility and freedom from the restrictive covenants often found in comparable desirable neighborhoods.
Built in 1969, the property may require capital improvements or modern upgrades to systems and finishes to meet current energy efficiency and aesthetic standards.
At 1,456 square feet, the interior layout may feel restrictive for larger families or those seeking modern open-concept living with dedicated home office spaces.
Welcome to 5169 Rabeneck Way in the highly desirable Phoenix Field neighborhood of Fair Oaks. This well-maintained 3-bedroom, 2-bath home offers a comfortable floor plan, spacious living areas, and abundant natural light. Enjoy a private backyard perfect for relaxing or entertaining. Nestled among mature trees and established homes, Phoenix Field is known for its pride of ownership and convenient location near parks, shopping, dining, near Folsom Lake. A wonderful opportunity to enjoy the charm and lifestyle that make Fair Oaks such a sought-after community.
No exterior & parking available.
Grades K-6 • 1.3 mi
Grades K-6 • 4.1 mi
Grades 6-8 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.4 |
| Baths | 2.0 | 2.4 |
| Square foot | 1,456 | 1,912.5 |
| Lot Size | 6,098 | 10,514.569 |
| Price | $549.0K | $656.6K |
| Price per sq ft | $377 | $347 |
| Built year | 1969 | 1978 |
| HOA | $0 | $387 |
| Days on market | 19 | 41 |
Aug 21, 2026
$549,000
Initial Listing
Jul 27, 2017
$359,000
Public Record
Dec 13, 2013
$264,000
Public Record