6016 Palm Drive, Carmichael, CA 95608, Carmichael, 95608 - 3 bed, 2 bath
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Carmichael, CA 95608
This Single Family Residence represents a Strong Value Opportunity, listed at $725,000—positioned above the $698,325 Fair Market Value. While the price reflects a premium, the property offers significant utility through its Income-Producing ADU and Sparkling Pool. With a Condition Rating of 3, the home features a modernized kitchen and bathrooms, balancing historic 1935 character with contemporary needs. The expansive .28-acre lot provides rare space in a prime Carmichael location. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, multi-generational living arrangement.
Charming 3BR Carmichael estate with income-producing ADU, pool, and updated kitchen. Rare .28-acre lot near American River. Perfect for multi-generational living.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6016 Palm Drive Subject | $725,000* List Price | 3 | 2 | 1,635 | $427 | - |
A 2738 California Avenue Sold | $690,000 | 3 | 2 | 1,465 | $471 | 0.3 mi |
B 3338 Deodar Street Sold | $599,000 | 4 | 2 | 1,689 | $355 | 0.7 mi |
C 6310 Palm Drive Sold | $620,000 | 3 | 2 | 1,734 | $358 | 0.4 mi |
D 6200 Kiernan Drive Sold | $590,000 | 3 | 2 | 1,282 | $460 | 0.3 mi |
E 2851 Royal Palm Way Sold | $705,000 | 3 | 3 | 1,961 | $360 | 0.3 mi |
F 2300 Homewood Way Sold | $593,850 | 4 | 2 | 1,369 | $434 | 1.0 mi |
G 6016 Homesweet Way Pending | $549,900 List Price | 3 | 2 | 1,269 | $433 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1935, the property features a recently updated kitchen and bathrooms that appear to be within a 5-15 year renovation window. The main living areas show modern flooring, fresh paint, and updated fixtures, making it move-in ready. However, the presence of window AC units in the ADU and some older ceiling finishes in secondary spaces prevent an 'Excellent' rating.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12602, living area = 1635.
The property includes a separately metered Accessory Dwelling Unit with a full kitchen, living room, and private gated yard, offering significant potential for rental income or multi-generational living.
Set on a gated .28-acre lot, the estate features lush gardens, a sparkling pool, and a vintage breezeway, creating a private and serene resort-like atmosphere near the American River.
Due to the home's 1935 construction, buyers may face higher long-term maintenance costs or the need for infrastructure updates typical of properties of this era.
With 1,635 square feet distributed across three bedrooms, the living spaces and the third bedroom off the kitchen may feel somewhat constrained for larger families.
6016 Palm Drive is a delightful, gated estate situated in Carmichael on .28 of an acre off Fair Oaks Blvd en route to the American River. Lush gardens, crushed granite walking paths, and a domed gazebo filled with grapevines add to the privacy from the street. There is a newly poured concrete path to the main house and a 2 car garage providing a stately entry once inside the gates. As you enter this 1935 charmer you are greeted with a formal entry to welcome your guests. The main living room has ample space to entertain with fireplace and gorgeous views out to the yard. The formal dining room has a wall of windows and access door to the breezeway. The updated kitchen strikes the perfect balance of old and new with vintage flair and modern amenities including a mixer stand that can be tucked away when not in use. A bank of windows allows for light over the space and the large island is the perfect gathering spot for appetizers and drinks at your next party. It also doubles as the cozy spot for two for informal dinners. There are two bedrooms off the main hall with an updated bathroom in between already equipped for ease of use. A third cozy bedroom is located just off the kitchen. A dedicated laundry and additional full bath complete the space. Outside, to the rear of the home, you have access to your partial basement for any additional storage needs. The ADU, separately metered, has a charming patio room entrance and provides a full kitchen, living room, bedroom and bath. Multiple closets and separate gated yard are part of the appeal. Outside is a sparkling pool, mature landscaping, and raised garden beds. The gated entrance to the breezeway and large covered patio provides a touch of elegance of a bygone era. Experience the magic this enchanting property offers that feels worlds away but is yours to enjoy.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,635 | - |
| Lot Size | 12,602 | - |
| Price | $725.0K | $576.3K |
| Price per sq ft | $443 | $376 |
| Built year | 1935 | 0 |
| HOA | $0 | $0 |
| Days on market | 13 | 35 |
Jul 9, 2026
$725,000
Initial Listing
Jan 31, 2017
$455,090
Public Record
Dec 30, 2004
$486,500
Public Record
Oct 22, 1999
$172,000
Public Record