5505 Great Smokey St, Sacramento, CA 95823, Sacramento, 95823 - 3 bed, 2 bath
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5505 Great Smokey St
Sacramento, CA 95823
ACTIVE
CONDITION: POOR
3Beds
2Baths
1,184Sq Ft
6,299Lot Size
Property Price
LIST PRICE$399,000
EST. MARKET VALUE
$355,148
12% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $399,000—positioned well below the $355,148 Fair Market Value by -12%. While the home requires significant renovation, the 6,300-square-foot lot and 3-bedroom, 2-bathroom layout provide a solid foundation for value-add strategies. With a Condition Rating of 5, this asset is strictly for those prepared to manage a full interior overhaul. It is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking a project in an established Sacramento neighborhood.
Estimated Market Value
$355,148
Based on Realkey algorithm analyzing recent comparable sales in Sacramento.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5505 Great Smokey St Subject 3 bd · 2 ba · 1,184 sqft · $300 | $399,000* List Price | 3 | 2 | 1,184 | $300 | - |
A 7801 CHARMETTE Way Sold 3 bd · 2 ba · 1,172 sqft · $282 · 0.3 mi | $330,000 | 3 | 2 | 1,172 | $282 | 0.3 mi |
B 9 Monaghan Circle Sold 3 bd · 2 ba · 1,310 sqft · $336 · 0.1 mi | $440,000 | 3 | 2 | 1,310 | $336 | 0.1 mi |
C 5717 Seyferth Way Sold 4 bd · 2 ba · 1,129 sqft · $354 · 0.5 mi | $400,000 | 4 | 2 | 1,129 | $354 | 0.5 mi |
D 7873 WHISPER WOOD Way Sold 3 bd · 2 ba · 1,425 sqft · $253 · 0.5 mi | $360,000 | 3 | 2 | 1,425 | $253 | 0.5 mi |
E 2 Tillman Circle Sold 4 bd · 2 ba · 1,406 sqft · $274 · 0.7 mi | $385,000 | 4 | 2 | 1,406 | $274 | 0.7 mi |
F 9 Thatcher Circle Sold 2 bd · 1 ba · 900 sqft · $367 · 0.5 mi | $330,000 | 2 | 1 | 900 | $367 | 0.5 mi |
G 35 Monaghan Circle Pending 4 bd · 2 ba · 1,208 sqft · $269 · 0.1 mi | $324,999 List Price | 4 | 2 | 1,208 | $269 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1978 with no evidence of recent renovations; the kitchen and bathrooms feature original oak cabinetry and dated tile/fixtures. The listing explicitly states the home needs TLC and is targeted at cash buyers for renovation, while photos show significantly stained carpeting and aged systems.
PROSSTRENGTHS & OPPORTUNITIES
- Investment Potential
Priced competitively for the Sacramento market, this property offers significant upside for cash buyers or investors looking to renovate and build equity in an established neighborhood.
- Spacious Lot
The 6,300-square-foot lot features a large backyard, providing a blank canvas for outdoor living, personalization, or potential landscaping upgrades.
- Prime Location
Situated near parks, schools, and shopping with easy access to major roadways, the home offers a convenient lifestyle in a well-connected community.
CONSRISKS & DEFICIENCIES
- Significant Repairs Needed
The property requires 'TLC' and renovation, which will necessitate immediate additional capital investment and time from the buyer.
- Financing Constraints
The listing specifically targets cash buyers, suggesting the home's current condition may pose challenges for traditional financing options like FHA or VA loans.
About 5505 Great Smokey St
Opportunity awaits at 5505 Great Smokey Street! Located in an established Sacramento neighborhood, this 3-bedroom, 2-bathroom home offers 1,184 square feet of living space on a 6,300-square-foot lot. The layout includes a welcoming living room, a separate dining area, and a kitchen with ample cabinet storage. The backyard is large enough for you to personalize and ready to welcome all your family and friends. This home needs some TLC, making it a great opportunity for a cash buyer ready to renovate and make it their own. Conveniently located near parks, schools, shopping, and dining, with easy access to major roadways. Bring your ideas and explore the potential in this well-located property!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1978
- Lot Size
- 6,299 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,184 | 1,541.53 |
| Lot Size | 6,299 | 6,320.667 |
| Price | $399.0K | $503.2K |
| Price per sq ft | $337 | $331 |
| Built year | 1978 | 1975 |
| HOA | $0 | $130 |
| Days on market | 17 | 47 |
Pricing History
Listed for Sale
Oct 8, 2026
$399,000
Initial Listing