
Carmichael, CA 95608
This Spacious Single Family Residence represents a High-Potential Investment Opportunity, listed at $582,000—positioned above the $554,746 Fair Market Value. While the property currently reflects a Condition Rating of 4, its 1990 build date and large 8,320 sqft lot provide a solid foundation for value-add cosmetic renovations. The home features cathedral ceilings and a private backyard, offering significant lifestyle appeal near the American River. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build long-term equity through strategic modernization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6042 Landis Avenue Subject | $559,000* List Price | 3 | 2 | 1,666 | $327 | - |
A 6310 Palm Drive Sold | $620,000 | 3 | 2 | 1,734 | $358 | 0.7 mi |
B 5407 Lequel Way Sold | $549,950 | 3 | 2 | 1,668 | $330 | 0.9 mi |
C 2851 Royal Palm Way Sold | $705,000 | 3 | 3 | 1,961 | $360 | 0.7 mi |
D 3431 Hunter Lane Pending | $498,000 List Price | 3 | 2 | 1,520 | $328 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1990 (34 years old), the home is well-maintained and move-in ready but remains largely dated. The kitchen features original tile countertops, a fluorescent light box, and older cabinetry that has been painted but not replaced. While the property is clean, the age of the systems and finishes exceeds 20 years without a full modern renovation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8320, living area = 1666.
Situated on a private road near Ancil Hoffman Park and the American River, this property offers a rare combination of secluded living and immediate access to premier outdoor recreation and top-rated schools.
The interior features soaring cathedral ceilings and large windows that flood the living spaces with natural light, creating an airy, expansive feel that exceeds the standard 1,666 square foot footprint.
With 65 days on the market and a recent price reduction, the property may be facing a perception of being slightly overpriced for the current Carmichael sub-market.
Built in 1990 and featuring original-style elements like a painted brick fireplace, the home may require capital investment for modern cosmetic upgrades to compete with newer or fully renovated residences.
Welcome to this solidly built 1990 single-story home situated on a quiet, private road shared with just one other residence. Offering 3 bedrooms, 2 bathrooms, and 1,666 square feet of living space on an approximately 8,320 square-foot lot, this home delivers excellent privacy and a peaceful setting in the heart of Carmichael. The standout feature is its thoughtful, functional layout that lives larger than its square footage suggests - ideal for comfortable daily living and easy entertaining. This is a classic "update and personalize" opportunity: envision new flooring, modern kitchen and bath finishes, fresh paint, and contemporary lighting to create your dream home without the hassle or cost of a full gut remodel. This is a rare chance to own a home with strong bones, a smart layout, and true privacy at a realistic price point. Perfect for buyers looking to add sweat equity and build instant equity through updates, this home offers incredible potential for its next owner. Come see the possibilities for yourself.
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 | 1,666 | - |
| Lot Size | 8,320 | - |
| Price | $559.0K | $576.3K |
| Price per sq ft | $336 | $376 |
| Built year | 1990 | 0 |
| HOA | $0 | $0 |
| Days on market | 95 | 35 |
Jul 17, 2026
$559,000
$582,000
-4% Price Drop
Initial Listing
Jun 4, 2026
$582,000
$589,000
-1% Price Drop
Initial Listing
Apr 19, 2026
$589,000
Initial Listing
Sep 1, 1998
$150,000
Public Record