5501 Gilgunn Way, Sacramento, CA 95822, Sacramento, 95822 - 7 bed, 3 bath
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Sacramento, CA 95822
Analysis of 5501 Gilgunn Way, Sacramento, CA 95822 is currently available with a list price of $549,999. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Sacramento Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Built in 1990, this property is functional and move-in ready but shows significant signs of being outdated. The kitchen features basic white cabinetry and laminate countertops with older-style appliances, and the bathrooms show a mix of original 1990s components and minor, non-cohesive updates like standalone vanities. While the home has been refreshed with consistent tile flooring and white paint, it lacks a comprehensive modern renovation, and the high-density layout (7 bedrooms in under 2,000 sqft) suggests a compromise in room scale and utility.
Elementary School: Crocker/Riverside Elementary School (9/10).
Featuring two full kitchens and a flexible two-story layout, this property is perfectly configured for multi-generational living or generating rental income from separate living quarters.
With 7 bedrooms plus three additional attic rooms, the home offers rare flexibility for large families, multiple home offices, or creative studios within its 1,999 sqft footprint.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 7, other record bedroom count = 3.
As a half-plex rather than a detached residence, the property involves a shared wall, which may limit privacy and appeal to buyers seeking a traditional single-family home.
Fitting seven bedrooms and two kitchens into under 2,000 square feet suggests that individual room dimensions may be compact, potentially resulting in a cramped interior feel.
South Land Park 2 Story Half-plex, downstairs features 3 bedrooms, 2 baths two full kitchens, ideal for multi-generational living or rental income opportunities. Upstairs, you'll find 3 well-sized bedrooms plus 3 additional triangular attic rooms, perfect for use as offices, guest spaces, playrooms, or creative studios. With its flexible layout and unique configuration, this home is well-suited for investors or homeowners seeking extra space and functionality. A rare opportunity to maximize both comfort and income potential! Nearby homes selling for $630k small size. Spacious and versatile property offering incredible living and investment potential!
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades K-6 • 0.8 mi
Grades K-6 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 7.0 | 3.0 | 99% |
| Baths | 3.0 | 2.0 | 82% |
| Square foot | 1,999 | 1,347 | 88% |
| Lot Size | 4,012 | 6,970 | 4% |
| Price | $550.0K | $441.5K | 69% |
| Price per sq ft | $275 | $353 | 17% |
| Built year | 1990 | 1957 | 92% |
| HOA | $0 | $0 | 50% |
| Days on market | 47 | 175 | 4% |
Apr 19, 2026
$549,999
$553,999
-1% Price Drop
Initial Listing
Mar 20, 2026
$553,999
$559,000
-1% Price Drop
Initial Listing
Mar 6, 2026
$559,000
Initial Listing
Oct 30, 2023
$520,000
Public Record
Mar 10, 2022
$341,500
Public Record