5400 Spencer Lane, Granite Bay, CA 95746, Granite Bay, 95746 - 5 bed, 3 bath
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5400 Spencer Lane
Granite Bay, CA 95746
ACTIVE
CONDITION: EXCELLENT
5Beds
3Baths
3,277Sq Ft
11,282Lot Size
Property Price
LIST PRICE$1,050,000
EST. MARKET VALUE
$1,230,408
14% BelowMARKET VALUE
SUMMARY
This Stunning Move-In Ready Home is a Strong Value Opportunity, listed at $1,050,000—positioned well below the $1,230,409 Fair Market Value by 14%. This valuation gap offers $180,409 in Instant Equity for the buyer. Featuring a Backyard Oasis with a pool and spa, this property maintains an Excellent Condition Rating following comprehensive renovations. Located in an elite district with Top-Rated Schools like Granite Bay High, this home is the perfect fit for growing families or discerning owner-occupants seeking a premium, turn-key lifestyle.
Estimated Market Value
$1,230,408+$180,408 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Granite Bay.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5400 Spencer Lane Subject | $1,050,000* List Price | 5 | 3 | 3,277 | $375 | - |
A 9469 Treelake Road Sold | $1,200,000 | 5 | 3 | 2,969 | $404 | 0.6 mi |
B 4707 Grimwood Court Sold | $1,110,000 | 5 | 3 | 2,902 | $382 | 0.4 mi |
C 9878 Penbridge Drive Sold | $1,300,000 | 4 | 3 | 3,370 | $386 | 0.3 mi |
D 5400 Spencer Lane Active | $1,042,000 List Price | 5 | 3 | 3,277 | $318 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1997, the property has undergone recent comprehensive remodeling including an updated kitchen, updated bathrooms, and new flooring. The HVAC system is only 3 years old, and the interior presents in mint, move-in ready condition, meeting the criteria for a recent renovation.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Oakhills Elementary School (10/10). Middle School: Willma Cavitt Junior High School (10/10). High School: Granite Bay High School (10/10).
- Backyard Oasis
The property features a premium outdoor living space with a stunning pool, spa, and large covered patio, ideal for year-round entertainment and relaxation.
- Turn-Key Upgrades
Extensive recent renovations including an updated kitchen, remodeled bathrooms, new flooring, and a three-year-old HVAC system provide a move-in-ready experience with reduced immediate maintenance costs.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 6.
- Recurring HOA Fees
The $233 monthly association fee adds a consistent carrying cost to the property that may be a deterrent for buyers seeking neighborhoods without mandatory dues.
- Corner Lot Exposure
While offering more space, the corner lot location can result in less privacy and increased street noise compared to more secluded interior lots within the subdivision.
About 5400 Spencer Lane
GORGEOUS, Granite Bay home situated on a corner lot and located in the highly sought after Eastridge Community! This 5/6 Bedroom, 3 bath, 3,277 Sq. Ft. home will take your breath away! Very open floor plan with tons of light streaming through all the windows. Many upgrades and remodeling have been completed including: new flooring, updated kitchen, updated bathrooms and an HVAC that's only 3 years old. Also a whole house fan for added comfort and energy. You have the best of both worlds,Granite Bay Schools and Roseville Utilities. Oversized Master Bedroom w/sitting area and lots of closet space. Upstairs, there's three other bedrooms, an office, and a huge loft/entertainment/game room. Downstairs, is a bedroom and full bath for your guests to enjoy! Step into your very own Backyard Oasis featuring a stunning pool and spa, plenty of decking and a large covered patio for year round enjoyment! And, of course even a 3-car garage tops off all the royalties. Just minutes away from Folsom Lake, Scenic Trails, Parks, Shopping, and Dining. Don't let this one get away! Come see; fall in love, and make it yours today! Seller is willing to pay 15K towards the buyer's closing costs/buyer's improvements.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1997
- Lot Size
- 11,282 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $233 / Month
Neighborhood Insights
Granite Bay Unified Schools
Oakhills Elementary School
Grades PK-3 • 1.1 mi
10/10
Ridgeview Elementary School
Grades 4-6 • 1.2 mi
9/10
Excelsior Elementary School
Grades 4-6 • 1.5 mi
8/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 3.0 | 3.6 |
| Square foot | 3,277 | 2,937.889 |
| Lot Size | 11,282 | 23,640.778 |
| Price | $1.05M | $1.24M |
| Price per sq ft | $320 | $448 |
| Built year | 1997 | 1992 |
| HOA | $233 | $210 |
| Days on market | 19 | 54 |
Pricing History
Listed for Sale
Aug 21, 2026
$1,050,000
Initial Listing
Sold
Feb 23, 2017
$574,000
Public Record
Sold
Jun 2, 2005
$747,000
Public Record
Sold
Jun 30, 1997
$265,500
Public Record