5169 Rabeneck Way, Fair Oaks, CA 95628, Fair Oaks, 95628 - 3 bed, 2 bath
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5169 Rabeneck Way
Fair Oaks, CA 95628
ACTIVE
CONDITION: GOOD
3Beds
2Baths
1,456Sq Ft
6,098Lot Size
Property Price
LIST PRICE$499,900
EST. MARKET VALUE
$499,900
SUMMARY
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.
Estimated Market Value
$499,900
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 |
|---|---|---|---|---|---|---|
★ 5169 Rabeneck Way Subject 3 bd · 2 ba · 1,456 sqft · $343 | $499,900* List Price | 3 | 2 | 1,456 | $343 | - |
A 5008 Skyway Drive Sold 3 bd · 2 ba · 1,416 sqft · $401 · 0.2 mi | $568,000 | 3 | 2 | 1,416 | $401 | 0.2 mi |
B 8909 Ramstad Avenue Sold 4 bd · 2 ba · 1,619 sqft · $370 · 0.1 mi | $599,000 | 4 | 2 | 1,619 | $370 | 0.1 mi |
C 8901 Cedarvillage Drive Sold 4 bd · 2 ba · 1,726 sqft · $371 · 0.1 mi | $640,000 | 4 | 2 | 1,726 | $371 | 0.1 mi |
D 5011 Olean St Pending 3 bd · 2 ba · 1,416 sqft · $417 · 0.3 mi | $589,900 List Price | 3 | 2 | 1,416 | $417 | 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.
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.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Neighborhood Location
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.
- Strong School District
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.
- No HOA Fees
The absence of an association fee offers homeowners greater financial flexibility and freedom from the restrictive covenants often found in comparable desirable neighborhoods.
CONSRISKS & DEFICIENCIES
- Dated Construction
Built in 1969, the property may require capital improvements or modern upgrades to systems and finishes to meet current energy efficiency and aesthetic standards.
- Modest Living Space
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.
About 5169 Rabeneck Way
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.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1969
- Lot Size
- 6,098 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
Twin Lakes Elementary School
Grades K-6 • 1.3 mi
6/10
Harry Dewey Fundamental Elementary School
Grades K-6 • 4.1 mi
7/10
Andrew Carnegie Middle School
Grades 6-8 • 1.0 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 | 1,456 | 1,905.543 |
| Lot Size | 6,098 | 10,497.37 |
| Price | $499.9K | $653.6K |
| Price per sq ft | $343 | $336 |
| Built year | 1969 | 1976 |
| HOA | $0 | $343 |
| Days on market | 123 | 41 |
Pricing History
Listed for Sale
Oct 24, 2026
$499,900
$524,000
-5% Price Drop
Initial Listing
Price Change
Sep 26, 2026
$524,000
$549,000
-5% Price Drop
Initial Listing
Price Change
Aug 21, 2026
$549,000
Initial Listing
Sold
Jul 27, 2017
$359,000
Public Record
Sold
Dec 13, 2013
$264,000
Public Record