
Elk Grove, CA 95758
This Move-In Ready Single Family Residence is a Strong Value Opportunity, listed at $515,000—positioned well below the $533,337 Fair Market Value by 3%. This valuation gap offers $18,337 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home includes a new 2022 HVAC and water heater and brand-new LVP flooring. With no HOA fees and a private patio, this property is an ideal fit for first-time buyers or owner-occupants seeking a turnkey home in Elk Grove.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5209 Meadowland Way Subject | $510,000* List Price | 3 | 3 | 1,673 | $322 | - |
A 9013 Lanetry Court Sold | $525,000 | 3 | 2 | 1,406 | $373 | 0.5 mi |
B 4613 Careyback Avenue Sold | $579,000 | 4 | 2 | 1,832 | $316 | 0.5 mi |
C 4910 Westham Way Sold | $499,000 | 3 | 2 | 1,663 | $300 | 0.4 mi |
D 8848 Gemwood Way Sold | $500,000 | 3 | 2 | 1,324 | $378 | 0.1 mi |
E 9116 Naxos Way Sold | $565,000 | 3 | 2 | 1,509 | $374 | 0.9 mi |
F 8859 Westside Way Sold | $560,000 | 4 | 2 | 1,707 | $328 | 0.8 mi |
G 8959 Boreal Way Sold | $475,000 | 3 | 3 | 1,736 | $274 | 0.4 mi |
H 5900 Oxford Glen Place Sold | $634,998 | 4 | 3 | 1,899 | $334 | 0.5 mi |
I 5347 Coral Creek Way Pending | $559,000 List Price | 4 | 3 | 1,675 | $334 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1988 (36 years old), the property is well-maintained and move-in ready with critical system updates including a new HVAC and water heater from 2022. The interior features brand-new LVP flooring and carpet. While the kitchen and bathrooms are dated with original oak cabinetry and tile countertops, the recent major mechanical and cosmetic improvements elevate the condition above fair.
The property features a new HVAC system and water heater installed in 2022, offering the buyer immediate energy efficiency and peace of mind regarding high-ticket maintenance items.
With brand-new luxury vinyl plank flooring downstairs and new carpeting upstairs, the home is in true move-in-ready condition with a contemporary aesthetic.
The absence of a monthly association fee provides greater financial flexibility and lower monthly carrying costs compared to many other suburban developments in the Elk Grove area.
Built in 1988, the home may have original components such as windows or roofing that are approaching the end of their functional lifespan, despite the recent interior and HVAC updates.
While the high school is highly rated, the local elementary and middle schools carry average ratings (5-6), which may be a consideration for families prioritizing top-tier educational scores.
Welcome to 5209 Meadowland Way! This beautifully maintained 3-bedroom, 2.5-bathroom home combines comfort, style, and valuable updates throughout. Enjoy peace of mind with a new HVAC system and water heater, both replaced in 2022, offering improved energy efficiency and long-term reliability. Step inside to discover brand-new luxury vinyl plank (LVP) flooring throughout the downstairs and new carpet upstairs, creating a fresh, modern feel that's truly move-in ready. With a functional layout, inviting living spaces, and thoughtful upgrades, this home is perfect for both everyday living and entertaining. Don't miss the opportunity to own this move-in-ready home with major system improvements and stylish finishes already in place!
No exterior & parking available.
Grades K-6 • 0.6 mi
Grades K-6 • 0.6 mi
Grades 7-8 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 1,673 | - |
| Lot Size | 6,643 | - |
| Price | $510.0K | $632.1K |
| Price per sq ft | $305 | $316 |
| Built year | 1988 | 0 |
| HOA | $0 | $0 |
| Days on market | 26 | 42 |
Jul 17, 2026
$510,000
$515,000
-1% Price Drop
Initial Listing
Jun 26, 2026
$515,000
Initial Listing