
Carmichael, CA 95608
This Custom Gated Estate is listed at $1,999,000, representing a rare family compound opportunity aligned with its $1,931,312 Fair Market Value. Featuring a Fair Condition Rating, the 5,500+ sqft residence offers Quartz Countertops, Maple Flooring, and a Multi-Generational Layout with two main-level suites. The value is anchored by an adjacent .42-acre buildable lot and proximity to Top-Rated Schools. This legacy property is a premier acquisition for Multi-Generational Families or Owner-Occupants seeking unparalleled scale, privacy, and expansion potential in a highly desirable Carmichael setting.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5244 Fair Oaks Boulevard Subject | $1,999,000* List Price | 6 | 5 | 5,500 | $351 | - |
A 5536 Clarendon Way Pending | $1,550,000 List Price | 5 | 4 | 4,514 | $343 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2002 (22 years old), the property is well-maintained but fits the 'Fair' criteria due to age. While the kitchen has been refreshed with quartz countertops and stainless appliances, the light maple cabinetry and bathroom fixtures are original to the 20-plus-year-old construction and appear dated by modern standards.
The inclusion of an adjacent .42-acre parcel with existing utilities offers a rare opportunity to build a second residence, guest house, or a custom resort-style amenity, significantly increasing the property's long-term value.
With over 5,500 square feet and 6-7 bedrooms—including two main-level suites—the floor plan is perfectly designed for multi-generational living, guest hosting, or dedicated professional home offices.
The home features striking design elements such as soaring ceilings and clerestory windows that flood the interior with natural light, complemented by high-end finishes like maple flooring and quartz countertops.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 5500, other record living area = 4889. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 5.
The massive scale of the 5,500+ square foot residence combined with the expansive gated grounds will require significant ongoing maintenance and higher-than-average utility expenses.
Located on Fair Oaks Boulevard, a major local thoroughfare, the property may experience more ambient traffic noise compared to homes situated deeper within the quiet residential subdivision.
A rare offering of privacy, scale, and possibility this gated estate presents a true family compound opportunity. Set across two separate APNs being sold together for a total of .87 acre, this custom 5,500+ sq ft residence blends striking architectural design with everyday livability. A grand foyer welcomes you in, opening to an expansive family room with soaring ceilings and clerestory windows that flood the home with natural light. Thoughtfully curated details include light maple flooring, a sweeping staircase, and refined crown molding throughout. The open-concept kitchen is both elegant and functional, designed for gathering and entertaining with quartz countertops, custom cabinetry, a walk-in pantry, stainless steel appliances, a gas cooktop, and a dining nook anchored by a modern crystal chandelier. The flexible floor plan offers 6-7 generously sized bedrooms and 4.5 bathrooms, including two main-level suites. One is ideally suited as a private office or guest retreat with its own bath and direct outdoor access. The primary suite, positioned for privacy on the opposite wing, features a gas fireplace, serene backyard access with a private patio, a spacious walk-in closet, and a beautifully appointed bath with dual vanities, soaking tub, and separate shower. Additional living spaces include formal living and dining rooms, as well as an upstairs game and media loft complete with balcony access and a built-in bar, perfect for entertaining or relaxed evenings at home. A separate versatile flex space (not included in the square footage) offers the ideal setting for a gym, studio, or additional workspace. Outdoors, the grounds feel like a private retreat, with mature citrus and fruit trees and lush landscaping. The adjacent .42-acre parcel previously improved with a residence and already equipped with utilities offers exceptional potential to build a second home, expand the grounds, or create a resort-style setting. Ideally located near Highway 50 and 80, the American River, parks, trails, and top-rated schools, this is a rare opportunity to create a legacy property in a highly desirable setting.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 0.0 |
| Baths | 5.0 | 0.0 |
| Square foot | 5,500 | - |
| Lot Size | 37,897 | - |
| Price | $2.00M | $576.3K |
| Price per sq ft | $363 | $376 |
| Built year | 2002 | 0 |
| HOA | $0 | $0 |
| Days on market | 83 | 35 |
Apr 30, 2026
$1,999,000
Initial Listing
Apr 8, 2021
$1,250,000
Public Record
Feb 17, 1999
$91,000
Public Record