5201 W Laguna Oaks Drive 15, Elk Grove, CA 95758, Elk Grove, 95758 - 1 bed, 1 bath
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Elk Grove, CA 95758
This Laguna Oaks Condominium represents a High-Potential Investment Opportunity, listed at $310,000—positioned above the $275,031 Fair Market Value. While the property requires a strategic approach, its Fair Condition Rating and prime location in the Elk Grove Unified School District provide long-term stability. Featuring a private patio, detached garage, and resort-style amenities, this unit offers a low-maintenance lifestyle. With easy access to I-5 and Highway 99, this asset is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking an entry-level property in a commuter-friendly corridor.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5201 W Laguna Oaks Drive 15 Subject | $310,000* List Price | 1 | 1 | 722 | $381 | - |
A 5201 Laguna Oaks 5 Sold | $275,000 | 1 | 1 | 722 | $381 | 0.1 mi |
B 5201 Laguna Oaks Drive 27 Active | $279,000 List Price | 1 | 1 | 722 | $386 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1999, the property is 27 years old, placing it in the 'Fair' category (>20 years). While the interior shows well-maintained laminate flooring and crown molding, the cabinetry appears original to the build date, and the primary systems (HVAC/Electric) are likely approaching the end of their typical 25-30 year life cycle, suggesting a need for future updates.
Located within the gated Laguna Oaks community, residents enjoy premium amenities including a pool, spa, clubhouse, and fitness room, providing a high-end lifestyle at an accessible price point.
This lower-level corner unit offers enhanced privacy and ease of access, featuring the rare combination of a detached one-car garage plus an additional assigned parking space.
Situated in the desirable Elk Grove Unified School District with immediate access to Interstate 5 and Highway 99, the property is perfectly positioned for easy travel throughout the Sacramento region.
At 722 square feet with only one bedroom, the property offers limited living and storage space, which may restrict its appeal to larger households or those requiring a dedicated home office.
The monthly association fee of $277 adds a fixed overhead cost that buyers must factor into their monthly budget, potentially impacting the debt-to-income ratio for some first-time buyers.
2-1 INTEREST RATE BUYDOWN, PAID BY SELLER will be considered with a 2-year Lease Option to Purchase during this season of high interst rates. It features an open floor plan with a cozy fireplace that connects the dining area and kitchen. The well-appointed kitchen provides ample cabinet space and essential appliances, while the in-unit laundry adds extra convenience. The home includes central heating and air conditioning, a private outdoor patio, a detached one-car garage, and an additional assigned parking space. Residents of Laguna Oaks enjoy resort-style amenities, such as a pool, spa, clubhouse, fitness room, and beautifully maintained common areas. Conveniently situated near shopping, restaurants, and parks, this property is also within the Elk Grove Unified School District. It offers easy access to Interstate 5 and Highway 99, making commuting throughout the Sacramento region easy. This property is ideal for first-time buyers, investors, or anyone seeking low-maintenance living in a prime Elk Grove location.
No exterior & parking available.
Grades K-6 • 0.5 mi
Grades K-6 • 0.8 mi
Grades 7-8 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 722 | - |
| Lot Size | - | - |
| Price | $310.0K | $378.6K |
| Price per sq ft | $429 | $345 |
| Built year | 1999 | 0 |
| HOA | $277 | $0 |
| Days on market | 22 | 51 |
Jun 30, 2026
$310,000
Initial Listing
Jun 6, 2022
$295,000
Public Record
Jul 12, 2011
$77,000
Public Record