5861 Dewey Boulevard, Sacramento, CA 95824, Sacramento, 95824 - 4 bed, 3 bath
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Sacramento, CA 95824
This Spacious Single-Family Residence is a High-Potential Investment Opportunity, listed at $499,900—positioned well below the $609,377 Fair Market Value by 17%. This valuation gap offers $109,477 in Instant Equity for the buyer. Featuring a Good Condition Rating with a recently updated kitchen, the property offers significant versatility through its 4-car tandem garage, ideal for an ADU conversion. This is an excellent acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a flexible, value-add property near local schools.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5861 Dewey Boulevard Subject | $499,900* List Price | 4 | 3 | 2,470 | $247 | - |
A 6244 Donnelly Lane Active | $469,999 List Price | 6 | 3 | 2,641 | $178 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1960 but recently remodeled with an updated kitchen and modern interior finishes. The home appears well-maintained, functional, and move-in ready, fitting the 5-15 year renovation window for a 'Good' rating.
The massive 4-car detached tandem garage offers exceptional versatility, providing ample space for a workshop, premium storage, or a high-potential ADU conversion to increase property value.
With nearly 2,500 sq ft of living space, 4-5 bedrooms, and a main-level master suite, the home is perfectly configured for large or multigenerational families seeking flexible living arrangements.
The property features a well-appointed courtyard-style backyard with a large pergola and brick paving, creating an ideal environment for outdoor dining and entertaining on a generous 7,013 sq ft lot.
The asymmetrical and 'one-of-a-kind' layout may present functional challenges or lack the cohesive flow desired by buyers looking for a more traditional residential design.
While the garage is oversized, the tandem parking arrangement can be less convenient for daily vehicle access and multi-car coordination compared to a standard side-by-side layout.
Welcome to this unique 4-5 bedroom*, 3 bathroom home at 5861 Dewey Blvd *(Optional Office). This detached single-family residence, built in 1960, offers approximately 2,470 sq ft of living space on a large 7,013 sq ft lot. This remodeled home features an asymmetrical, one-of-a-kind floor plan with an updated kitchen, a main-level master suite, and flexible living spaces ideal for multigenerational living. Outdoor highlights include: A massive 4-car detached tandem garage currently used as a man cave. This substantial structure offers incredible potential for conversion into an Accessory Dwelling Unit (ADU) subject to city/county approval or continued use as premium storage, workshop, or entertainment space. A beautiful courtyard-style backyard featuring a huge pergola with paved brick flooring perfect for outdoor dining, entertaining, or relaxing with family and friends. A large, usable backyard with plenty of room for gardening, growing your own fruits, vegetables, and herbs, or creating a personal oasis. Conveniently located near Ethel I. Baker Elementary School, shopping, parks, and easy freeway access. No Mello-Roos. This home offers incredible versatility and value don't miss your chance to make it yours!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 88% |
| Baths | 3.0 | 1.0 | 93% |
| Square foot | 2,470 | 1,132 | 98% |
| Lot Size | 7,044 | 6,098 | 80% |
| Price | $499.9K | $367.5K | 95% |
| Price per sq ft | $202 | $335 | 8% |
| Built year | 1960 | 1954 | 75% |
| HOA | $0 | $0 | 50% |
| Days on market | 11 | 171 | 3% |
Jun 3, 2026
$499,900
Initial Listing
Apr 29, 2016
$267,000
Public Record
Oct 29, 2014
$168,000
Public Record