5921 Camray Circle, Carmichael, CA 95608, Carmichael, 95608 - 4 bed, 3 bath
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Carmichael, CA 95608
This property presents a High-Potential Investment Opportunity with a List Price of $639,900—positioned well below the $613,163 Fair Market Value by -4%. While the property is currently priced above the estimated market value, its 4-bedroom, 3-bath layout and Fair Condition Rating provide a clear path to value-add through cosmetic renovation. The inclusion of a downstairs bedroom and full bath enhances its utility for multi-generational living. This is a strategic acquisition ideal for Buy-and-Hold Investors or Owner-Occupants focused on building long-term sweat equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5921 Camray Circle Subject | $639,900* List Price | 4 | 3 | 2,148 | $285 | - |
A 4040 Alex Lane Sold | $530,000 | 3 | 2 | 1,725 | $307 | 0.9 mi |
B 4831 Cameron Ranch Drive Sold | $640,000 | 4 | 3 | 2,100 | $305 | 1.0 mi |
C 6450 Perrin Way Sold | $575,000 | 4 | 3 | 1,849 | $311 | 0.7 mi |
D 4412 Otis Court Sold | $665,000 | 4 | 3 | 2,101 | $317 | 0.4 mi |
E 6439 Rolling Way Sold | $585,000 | 4 | 2 | 1,837 | $318 | 0.7 mi |
F 5706 Jeff Way Pending | $575,000 List Price | 3 | 2 | 1,928 | $298 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1982 and described as a 'light fixer,' the property shows a mix of original 1980s features and partial updates. While the living room flooring and one bathroom shower have been modernized, the kitchen remains dated with painted cabinets and older appliances, and other bathrooms retain original oak vanities. It is move-in ready but requires cosmetic updates to reach modern standards.
The home features a highly desirable downstairs bedroom and full bathroom, providing ideal accommodations for multi-generational living, guests, or a private home office.
As a 'light fixer' in an established neighborhood, this property offers a significant opportunity for buyers to build immediate value through cosmetic updates and personal touches.
With over 2,100 square feet of living space and a large open kitchen, the layout is perfectly designed for both comfortable daily living and hosting large gatherings.
The property is marketed as a fixer-upper, implying that buyers will need to invest additional capital and effort shortly after closing to address deferred maintenance or dated finishes.
While the neighborhood is well-established, the assigned public schools have mixed ratings, including an elementary school with a low score of 2, which may be a concern for education-focused families.
Fantastic opportunity to own this spacious 4-bedroom, 3-bath two-story light fixer nestled on a charming, quiet street in the heart of Carmichael! Offering the perfect blend of space, value, and potential, this home is ready for your personal touches while providing an excellent opportunity to build sweat equity. The desirable floor plan features a downstairs bedroom and full bath, generous living spaces, abundant natural light, and a huge open kitchen with ample cabinetry perfect for everyday living and entertaining. Step outside to a spacious, private backyard with endless possibilities for outdoor living, gardening, or creating space for entertainment. Located in an established neighborhood with mature trees and pride of ownership, just minutes from parks, schools, shopping, dining, and commuter access. Call your agent today before it's too late!!
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-5 • 0.7 mi
Grades K-6 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 2,148 | - |
| Lot Size | 6,721 | - |
| Price | $639.9K | $576.3K |
| Price per sq ft | $298 | $376 |
| Built year | 1982 | 0 |
| HOA | $0 | $0 |
| Days on market | 7 | 35 |
Jul 15, 2026
$639,900
Initial Listing
Dec 14, 2016
$420,000
Public Record
Feb 21, 1997
$158,000
Public Record