5950 Gay Way, North Highlands, CA 95660, North Highlands, 95660 - 3 bed, 2 bath
5950 Gay Way
North Highlands, CA 95660
Property Price
SUMMARY
Analysis of 5950 Gay Way, North Highlands, CA 95660 reveals a property with a current list price of $459,900, which is 4% above the estimated $439,261 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the North Highlands Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5950 Gay Way Subject | $78,500 | 3 | 2 | 1,287 | $341 | - |
A 4161 Stephen Drive Sold | $381,000 | 3 | 2 | 1,155 | $330 | 0.2 mi |
B 5709 Rio Verde Way Sold | $380,000 | 3 | 1 | 1,205 | $315 | 0.3 mi |
C 6505 Stoneman Drive Sold | $425,000 | 4 | 2 | 1,532 | $277 | 0.7 mi |
D 4045 DON JULIO Boulevard Sold | $350,000 | 3 | 2 | 1,051 | $333 | 0.5 mi |
E 6200 Dewar Way Sold | $385,000 | 3 | 2 | 1,064 | $362 | 0.5 mi |
F 6432 Pearson Lane Sold | $348,000 | 3 | 2 | 1,212 | $287 | 0.8 mi |
G 6609 Medora Drive Pending | $389,990 List Price | 3 | 2 | 1,310 | $298 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1954, the property has received recent cosmetic updates including fresh paint, dark wood-look laminate flooring throughout, and refreshed kitchen and bathroom surfaces (painted cabinets, granite-look countertops, tiled shower/floor). However, major systems such as heating (wall heaters) and cooling (window AC units) are visibly outdated and inefficient, indicating a need for significant upgrades to meet modern standards. While clean and functional, it requires substantial investment in core systems to move beyond a 'fair' condition.
PROSSTRENGTHS & OPPORTUNITIES
- Strong Investment & Equity Building Potential
Explicitly marketed as an 'excellent opportunity for investors or first-time buyers' with 'solid fundamentals and great upside,' offering significant potential for value appreciation and equity building.
- Flexible Layout & Versatile Use
Features 3-5 bedrooms and 2 bathrooms, providing adaptable living space suitable for a large family, potential rental income, or various value-add strategies.
- Desirable Corner Lot with Privacy
Positioned on a corner lot, which typically offers enhanced privacy, better accessibility, and increased versatility for property use.
CONSRISKS & DEFICIENCIES
- Property Age & Potential for Updates
Built in 1954, the home is older, suggesting it may require significant updates to systems (e.g., electrical, plumbing, HVAC) and aesthetics to meet modern standards and maximize its potential.
- Implied Need for Value-Add Investment
While presented as an opportunity, the 'value-add investment strategy' implies that substantial renovation or improvement work is likely needed, representing an additional cost and effort for the buyer.
- Modest Square Footage for Bedroom Count
With 1287 sqft for a potential 3-5 bedrooms, the interior living space might be considered modest, potentially leading to smaller room sizes, especially if configured for the higher bedroom count.
About 5950 Gay Way
Excellent opportunity for investors or first-time buyers. This spacious home features 3-5 bedrooms and 2 bathrooms, offering flexible living space and strong potential. Located on a corner lot, the property provides added privacy and versatility, along with RV access, a highly desirable and hard-to-find feature. The layout allows for multiple use possibilitiesideal for a large family, rental income, or a value-add investment strategy. The corner location enhances accessibility and future potential. A property with solid fundamentals and great upside, perfect for buyers looking to build equity or investors seeking opportunity. Don't miss the chance to own a versatile home with unique features and long-term potential.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1954
- Lot Size
- 6,098 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
North Highlands Unified Schools
Kohler Elementary School
Grades K-8 • 0.3 mi
Frederick Joyce Elementary School
Grades K-8 • 0.7 mi
Highlands High School
Grades 9-12 • 1.1 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,287 | 1,153.5 | 65% |
| Lot Size | 6,098 | 6,970 | 33% |
| Price | $459.9K | $385.0K | 90% |
| Price per sq ft | $357 | $334 | 65% |
| Built year | 1954 | 1958 | 32% |
| HOA | $0 | $0 | 50% |
| Days on market | 40 | 172 | 2% |
Pricing History
Listed for Sale
Jan 26, 2026
$459,900
Initial Listing
Sold
May 16, 2018
$78,500
Public Record
Sold
Dec 9, 2013
$123,000
Public Record
Sold
Nov 19, 2009
$65,500
Public Record
Sold
Apr 9, 2004
$199,500
Public Record
Sold
Jul 26, 2001
$3,000
Public Record
Sold
Dec 2, 1999
$77,000
Public Record
Sold
Nov 5, 1997
$33,500
Public Record