
Carmichael, CA 95608
This Spacious Residential Asset represents a Strong Value Opportunity, listed at $665,000—positioned well below the $722,208 Fair Market Value by 7%. This valuation gap provides $57,208 in Instant Equity. With a Condition Rating of 4, the property features a 3,000 sq. ft. layout on an expansive 18,391 sq. ft. corner lot with a private pool. While requiring cosmetic updates, its versatile configuration is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a multi-generational living solution.
Property is moderate renovation needed.
Built in 1963, this 61-year-old home is functional but dated. The kitchen features older white tile countertops and grout lines typical of a 20+ year old renovation, and the exterior shows signs of age with cracked concrete and a dated corrugated metal patio cover. While well-maintained for its previous use as a care facility, it requires cosmetic updates and minor repairs to meet modern residential standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 18391, living area = 3000.
With 3,000 sq. ft. and 6-8 bedrooms, this home offers rare flexibility for multi-generational living, large families, or home-based businesses.
The property sits on a generous 18,391 sq. ft. corner lot featuring a private pool and covered patio, providing significant outdoor living and entertaining space.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =18391, other record lot size in square feet = 9500.
Formerly a residential care facility, the interior layout and finishes may feel more institutional than a traditional family home, potentially requiring cosmetic updates.
The majority of the assigned public schools carry lower to average ratings (3-5), which may be a drawback for education-focused families.
This exceptionally spacious 3,000 sq. ft. home offers 6-8 bedrooms and 3 full bathrooms, including an ADA-accessible shower, providing outstanding flexibility for a variety of lifestyles. Formerly used as a women's residential care facility, the home was thoughtfully designed for comfort, functionality, and efficient use of space, making it well suited for a large family, multi-generational living, or anyone needing extra rooms for work, guests, or hobbies. Located in Carmichael on a large corner lot near transportation, parks, and shopping, this property offers both convenience and room to enjoy. Inside, you'll find a generous living room and a grand family room that opens to the kitchen, creating an inviting layout for everyday living and entertaining. Step outside to the covered rear patio and pool, perfect for relaxing and cooling off on warm summer days. This is a rare opportunity to own a home with incredible space, versatility, and potential in a desirable Carmichael location.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.5 mi
Grades K-6 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 3,000 | - |
| Lot Size | 18,391 | - |
| Price | $665.0K | $576.3K |
| Price per sq ft | $222 | $376 |
| Built year | 1963 | 0 |
| HOA | $0 | $0 |
| Days on market | 12 | 35 |
Jul 10, 2026
$665,000
Initial Listing
Dec 11, 2019
$450,000
Public Record
Dec 20, 2016
$415,000
Public Record