
Elk Grove, CA 95757
Analysis of 5314 Iris Spring Way, Elk Grove, CA 95757 is currently available with a list price of $750,000. 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 Elk Grove 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 2005 (21 years old), the property is explicitly marketed as a 'Fixer' targeting investors. This designation, combined with the 'potential' keyword, indicates the home requires significant rehab and likely has major deferred maintenance in the kitchen, baths, or systems that exceeds minor cosmetic updates.
Boasting over 4,500 square feet with 5 bedrooms and 4 bathrooms, this property offers an expansive floor plan rarely found at this price point in the Elk Grove market.
The home is located within walking distance (0.08 miles) of Helen Carr Castello Elementary and near Toby Johnson Middle, both of which carry strong 7/10 ratings.
As a designated fixer-upper in a desirable neighborhood, this property presents a significant opportunity for investors to build equity through strategic renovations.
The property is marketed specifically as a fixer, implying the need for substantial upfront capital and construction to make it habitable or market-ready.
With a massive 4,529 square foot structure on a 7,231 square foot lot, the yard space is relatively small compared to the home's overall scale.
Fixer. 5BR 4Bath in Elk Grove neighborhood. Investors wanted. Tons of potential!!!
No exterior & parking available.
Grades K-6 • 0.1 mi
Grades K-6 • 2.0 mi
Grades 7-8 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 4.0 | 3.0 |
| Square foot | 4,529 | 2,065.354 |
| Lot Size | 7,231 | 6,415.572 |
| Price | $750.0K | $628.7K |
| Price per sq ft | $166 | $316 |
| Built year | 2005 | 2000 |
| HOA | $0 | $172 |
| Days on market | 48 | 45 |
Jul 23, 2026
$750,000
Initial Listing
Aug 5, 2005
$687,000
Public Record