
Fair Oaks, CA 95628
Analysis of 5270 Lake Knoll Lane, Fair Oaks, CA 95628 is currently available with a list price of $275,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Fair Oaks Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Built in 1973, this property is over 50 years old and shows no evidence of recent renovations. The most telling factor is the significant price drop from its 2021 sale price of $395,000 to the current $275,000 listing, which strongly indicates a distressed interior or major deferred maintenance requiring substantial rehabilitation. The single exterior photo confirms dated 1970s construction and weathered wood fencing, suggesting the kitchen, bathrooms, and major systems likely require a complete overhaul to meet modern standards.
Located in Lake Knoll Estates, the property offers access to a private swimming pool, clubhouse, and beautifully maintained common areas featuring scenic ponds and walking paths.
The home is ideally situated near the American River and provides convenient access to local shopping, dining, and major freeways, making it a highly desirable spot for commuters and outdoor enthusiasts.
Currently listed at $275,000—well below its 2021 sale price of $395,000—this spacious 1,684 sqft condo represents an exceptional entry-level price point or investment opportunity in a coveted area.
The $400 monthly association fee is a significant recurring cost that impacts overall affordability and must be factored into the buyer's monthly debt-to-income ratio.
While the elementary school is well-rated, the assigned middle and high schools currently hold lower ratings, which may be a concern for families prioritizing long-term educational performance.
Welcome to the secluded 5270 Lake Knoll Lane. This cozy 3 bedroom 2.5 bathroom condo is in the coveted Fair Oaks. This private community has plenty of amenities including a swimming pool, club house, gorgeous maintained common areas with places to stroll and multiple ponds with sitting areas. Conveniently located close to shopping, dining, freeway access and more. Don't forget the American River and the freeway are close by allowing access to everything. This is a gorgeous home you don't want to miss making yours.
No exterior & parking available.
Grades K-6 • 1.4 mi
Grades K-8 • 0.5 mi
Grades 6-8 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 71% |
| Baths | 3.0 | 2.0 | 79% |
| Square foot | 1,684 | 1,183 | 79% |
| Lot Size | 1,573 | - | 57% |
| Price | $275.0K | $281.5K | 43% |
| Price per sq ft | $163 | $286 | 7% |
| Built year | 1973 | 1979 | 21% |
| HOA | $400 | $470 | 21% |
| Days on market | 139 | 210 | 21% |
Feb 13, 2026
$275,000
$299,000
-8% Price Drop
Initial Listing
Dec 5, 2025
$299,000
Initial Listing
Aug 6, 2021
$395,000
Public Record
Mar 16, 2021
$240,000
Public Record
Dec 3, 2018
$59,000
Public Record