583 Leeward Way, Sacramento, CA 95831, Sacramento, 95831 - 2 bed, 2 bath
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583 Leeward Way
Sacramento, CA 95831
ACTIVE
CONDITION: FAIR
2Beds
2Baths
1,266Sq Ft
1,742Lot Size
Property Price
LIST PRICE$315,000
EST. MARKET VALUE
$310,265
SUMMARY
This PUD presents a Strong Value Opportunity with a List Price of $350,000—positioned well below the $329,309 Fair Market Value by -6%. While the property is currently priced above market, its Fair Condition Rating and 1973 build date offer a clear path for value-add through cosmetic modernization. Featuring a spacious detached two-car garage and private patio, the unit provides functional living space in a desirable neighborhood. This asset is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a project to build long-term equity.
Estimated Market Value
$310,265
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 |
|---|---|---|---|---|---|---|
★ 583 Leeward Way Subject 2 bd · 2 ba · 1,266 sqft · $245 | $315,000* List Price | 2 | 2 | 1,266 | $245 | - |
A 712 Roundtree Court Sold 3 bd · 2 ba · 1,178 sqft · $272 · 0.2 mi | $320,000 | 3 | 2 | 1,178 | $272 | 0.2 mi |
B 506 Roundtree Court Sold 3 bd · 2 ba · 1,174 sqft · $256 · 0.2 mi | $300,000 | 3 | 2 | 1,174 | $256 | 0.2 mi |
C 914 Roundtree Court Sold 2 bd · 1 ba · 932 sqft · $263 · 0.3 mi | $245,000 | 2 | 1 | 932 | $263 | 0.3 mi |
D 506 Roundtree Court Active 3 bd · 2 ba · 1,174 sqft · $264 · 0.2 mi | $309,999 List Price | 3 | 2 | 1,174 | $264 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1973, this property is over 50 years old and shows significant dating. While functional and well-maintained, the interior features popcorn ceilings, diagonal wood paneling, and older tile countertops in the kitchen. The appliances and finishes appear to be 20+ years old, placing it firmly in the 'Fair' category as it requires cosmetic modernization and minor updates to meet current standards.
PROSSTRENGTHS & OPPORTUNITIES
- Desirable Location
Situated in Sacramento's sought-after Pocket neighborhood, the property offers a prime location with close proximity to parks, shopping, and everyday amenities.
- Ample Parking and Storage
The inclusion of a spacious detached two-car garage provides significant value and convenience rarely found in similar condominium units.
- Functional Living Features
The unit features interior laundry facilities and a private patio, enhancing the overall functionality and providing essential private outdoor space.
CONSRISKS & DEFICIENCIES
- High Association Fees
The monthly association fee of $481 is relatively high, which may impact the overall monthly affordability for budget-conscious buyers.
- Underperforming School Ratings
The assigned elementary and middle schools have low performance ratings (3 and 2 respectively), which could be a drawback for families prioritizing local education quality.
About 583 Leeward Way
Freshly painted interior and kitchen cabinets give this Pocket neighborhood home a bright, refreshed feel. Located in Pocket neighborhood of Sacramento, this planed unit development (PUD), features two bedrooms, 1.5 bathrooms, detached two-car garage, interior laundry, and a private patio. Conveniently located near shopping, parks, and everyday amenities.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1973
- Lot Size
- 1,742 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $481 / Month
Neighborhood Insights
Sacramento Unified Schools
Caroline Wenzel Elementary School
Grades K-6 • 1.0 mi
3/10
Sam Brannan Middle School
Grades 7-8 • 2.0 mi
2/10
John F. Kennedy High School
Grades 9-12 • 0.3 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 1.8 |
| Square foot | 1,266 | 1,038.082 |
| Lot Size | 1,742 | 1,678.212 |
| Price | $315.0K | $276.4K |
| Price per sq ft | $249 | $270 |
| Built year | 1973 | 1984 |
| HOA | $481 | $420 |
| Days on market | 68 | 62 |
Pricing History
Listed for Sale
Oct 20, 2026
$315,000
$320,000
-2% Price Drop
Initial Listing
Price Change
Sep 10, 2026
$320,000
$335,000
-4% Price Drop
Initial Listing
Price Change
Aug 29, 2026
$335,000
$350,000
-4% Price Drop
Initial Listing
Price Change
Aug 17, 2026
$350,000
Initial Listing
Sold
Nov 7, 2000
$105,000
Public Record