
Elk Grove, CA 95757
This Turnkey Condominium is a Strong Value Opportunity, listed at $449,000—positioned well below the $454,646 Fair Market Value by 1%. This property offers $5,646 in Instant Equity. Featuring a Condition Rating of 3, the home includes a Granite Kitchen, Vaulted Ceilings, and Resort-Style Amenities like a pool and spa. Located near Top-Rated Schools such as Toby Johnson Middle, this residence provides a balanced lifestyle for Owner-Occupants or first-time buyers seeking a move-in ready home in Elk Grove.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5501 Mezereon Ln Subject 2 bd · 2 ba · 1,519 sqft · $299 | $449,000* List Price | 2 | 2 | 1,519 | $299 | - |
A 5582 Tares Circle Sold 2 bd · 2 ba · 1,519 sqft · $303 · 0.1 mi | $460,000 | 2 | 2 | 1,519 | $303 | 0.1 mi |
B 9902 Del Surf Lane Sold 3 bd · 3 ba · 1,536 sqft · $326 · 0.7 mi | $500,000 | 3 | 3 | 1,536 | $326 | 0.7 mi |
C 4538 Ocean Lane Sold 2 bd · 3 ba · 1,238 sqft · $365 · 0.7 mi | $452,000 | 2 | 3 | 1,238 | $365 | 0.7 mi |
D 4312 Ocean Lane Sold 2 bd · 2 ba · 1,061 sqft · $384 · 0.7 mi | $407,500 | 2 | 2 | 1,061 | $384 | 0.7 mi |
E 5537 Tares Circle Active 2 bd · 2 ba · 1,728 sqft · $289 · 0.0 mi | $499,000 List Price | 2 | 2 | 1,728 | $289 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2006, this 20-year-old property is well-maintained, functional, and move-in ready. The interior features updated vinyl plank flooring, a clean kitchen with granite countertops, and well-kept bathrooms.
Located within the gated Jasmine Community, residents enjoy premium amenities including a sparkling pool, spa, fitness center, and clubhouse, offering a high-quality lifestyle.
This end-unit features a sophisticated layout with vaulted ceilings, a versatile tri-level loft, and a primary suite with a private balcony and park views.
Ideally situated near top-rated schools like Toby Johnson Middle and within walking distance to parks and trails, making it highly desirable for education-focused buyers.
The $270 monthly association fee adds a significant recurring expense to the carrying cost of the property, which may impact buyer affordability.
With only two bedrooms for over 1,500 square feet, the floor plan may not accommodate larger families or those requiring multiple private guest rooms.
Welcome to 5501 Mezereon Ln, where refined comfort meets effortless living in the gated Jasmine Community. This beautifully situated end unit condominium features a timeless granite countertop kitchen with peninsula seating, a dramatic vaulted living room with gas fireplace, and a serene primary suite with private balcony access, dual vanities, soaking tub, separate shower, and walk-in closet. A versatile tri-level loft overlooks the main living space, while vinyl plank flooring, plush carpet, an interior laundry room, and an attached two-car garage add comfort and convenience. Enjoy resort-style amenities including a sparkling pool and spa, fitness center, and clubhouse all within minutes from Elk Grove schools, parks, trails, shopping, and everyday essentials.
No exterior & parking available.
Grades K-6 • 1.5 mi
Grades K-6 • 2.5 mi
Grades 7-8 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,519 | 1,226.833 |
| Lot Size | - | 2,025.667 |
| Price | $449.0K | $365.2K |
| Price per sq ft | $296 | $305 |
| Built year | 2006 | 1999 |
| HOA | $270 | $309 |
| Days on market | 30 | 98 |
Sep 24, 2026
$449,000
Initial Listing
Jun 24, 2016
$255,000
Public Record
Sep 27, 2006
$303,000
Public Record