
Carmichael, CA 95608
This Stunning Move-In Ready Estate is listed at $2,250,000, positioned slightly above its $2,145,673 Fair Market Value. Featuring a Mint Condition Rating with a comprehensive high-end renovation, this property offers a resort-inspired lifestyle with a heated pool, spa, and private sport court. Located moments from the American River Parkway and near well-rated schools like Del Dayo Elementary, the home provides a sophisticated, turnkey environment. With its expansive 0.67-acre lot and versatile finished basement, this residence is the ideal sanctuary for luxury-seeking families or discerning owner-occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5508 Susan Way Subject | $2,250,000* List Price | 4 | 6 | 4,194 | $512 | - |
A 1525 Elsdon Circle Sold | $1,750,000 | 4 | 3 | 3,884 | $451 | 0.5 mi |
B 1620 Gary Way Active | $2,900,000 List Price | 4 | 5 | 5,337 | $543 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1990, the property shows evidence of a high-end, comprehensive renovation within the last 5 years. The gourmet kitchen features modern dark cabinetry and professional-grade stainless appliances, complemented by updated hardwood flooring, contemporary lighting, and a spa-inspired primary suite. The home is in mint, move-in-ready condition with no deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 29229, living area = 4194.
The expansive 0.67-acre lot is a private oasis featuring a heated pool, spa, outdoor kitchen, and a private sport court, perfect for high-end entertaining.
The home features four ensuite bedrooms for maximum privacy and a substantial finished basement that offers flexible space for a theater, gym, or wine cellar.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 4194, other record living area = 4951.
While the elementary and high schools are well-rated, the assigned middle school has a lower rating of 5, which may be a concern for education-focused families.
The property is currently listed at $2.25M, which is slightly below its February 2024 sale price of $2.3M, suggesting a flat or softening trend in the local luxury segment.
Introducing 5508 Susan Way, an exceptional Carmichael estate where timeless elegance, resort-inspired amenities, and an extraordinary indoor-outdoor lifestyle come together moments from the American River. A grand entrance welcomes you into light-filled interiors designed with both sophisticated entertaining and everyday living in mind. Formal living and dining rooms create an elegant sense of arrival, while the gourmet kitchen serves as the heart of the home with generous space for gathering and entertaining. Four beautifully appointed ensuite bedrooms provide exceptional privacy for family and guests, complemented by four full baths and two additional half baths. The expansive primary suite is a private sanctuary, featuring its own fireplace and retreat, abundant storage, a large walk-in closet, and a spa-inspired bath designed to evoke the experience of a luxury resort. Beyond the main living spaces, a substantial finished basement presents endless possibilities for a private theater, wine room, fitness studio, game room, or sophisticated entertainment lounge. Outside, the property transforms into a private resort. Spend summer afternoons beside the heated pool and spa, host unforgettable evenings beneath the covered outdoor kitchen and BBQ area, or enjoy the private sport court and expansive lawn with abundant room for recreation, pets, and gatherings. Two separate extended driveways and two attached garages offering three total garage spaces provide an uncommon level of parking, storage, and flexibility. Just moments from the American River Parkway, William B. Pond Recreation Area, and Sheffield Park, the location offers access to miles of trails, recreation, and some of Carmichael's most treasured natural surroundings. Private, expansive, and designed for an exceptional California lifestyle, 5508 Susan Way is more than a residenceit is a destination of its own.
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades K-6 • 4.6 mi
Grades 6-8 • 2.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 6.0 | 2.0 |
| Square foot | 4,194 | 1,713.891 |
| Lot Size | 29,229 | 9,593.696 |
| Price | $2.25M | $573.8K |
| Price per sq ft | $536 | $343 |
| Built year | 1990 | 1964 |
| HOA | $0 | $194 |
| Days on market | 6 | 43 |
Sep 3, 2026
$2,250,000
Initial Listing
Feb 16, 2024
$2,300,000
Public Record
Jul 26, 2016
$1,695,000
Public Record