
Carmichael, CA 95608
This Spacious Residential Property is a Strong Value Opportunity, listed at $695,000—positioned well below the $744,124 Fair Market Value by 6%. This valuation gap offers $49,124 in Instant Equity. Featuring a Mint Condition Rating with high-end renovations, the home includes a modern open-concept kitchen and solar panels. The expansive 0.52-acre lot provides significant versatility for an ADU or residential care facility. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey, income-generating asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6141 Lincoln Avenue Subject | $695,000* List Price | 4 | 3 | 2,200 | $317 | - |
A 3912 Bryan Way Sold | $650,000 | 3 | 2 | 1,702 | $382 | 0.6 mi |
B 6141 Lincoln Avenue Active | $699,000 List Price | 4 | 3 | 2,200 | $318 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite the 1951 build date, the property has undergone a high-end, comprehensive renovation within the last 5 years. The interior features a modern open-concept kitchen with a waterfall island, shaker cabinets, and gold hardware, along with fully updated bathrooms featuring contemporary tile work and glass enclosures. The addition of solar panels and updated flooring throughout indicates the systems and finishes are in mint, move-in-ready condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 22651, living area = 2200.
The rare 0.52-acre lot provides significant privacy and a 'blank canvas' for high-value additions such as an ADU, swimming pool, or professional landscaping.
The 4-bedroom, 3-bathroom configuration and proximity to medical centers make this property ideal for high-yield opportunities like a residential care facility or short-term healthcare housing.
While the large backyard offers potential, its current 'blank canvas' state will require a substantial financial investment to develop into a finished, functional outdoor space.
Originally built in 1951, the property may necessitate updates to older mechanical, electrical, or plumbing systems to meet modern efficiency standards.
Welcome to this stunning Carmichael gem, ideally situated in the heart of one of Sacramento's most sought-after communities and just moments from premier shopping, dining, and everyday conveniences. Set on an expansive .52-acre lot, this beautifully appointed home offers a rare blend of space, privacy, and versatility. The thoughtfully designed open floor plan flows seamlessly from the living area through elegant French doors mirrored in the luxurious master suite opening to an enormous backyard that is truly a blank canvas, perfect for entertaining, gardening, a pool, an ADU, or simply soaking in the serene outdoor lifestyle. Nature lovers will delight in the mature fruit trees that dot the property, offering a charming, park-like setting right at home. Inside, the generous master suite is complemented by three additional well-sized bedrooms and three full bathrooms, making this home as functional as it is beautiful. The flexible layout and abundant space also lend themselves beautifully to a variety of exciting opportunities imagine operating a licensed residential care home for seniors, a stylish shared living space for single professionals, or a comfortable and convenient retreat for traveling nurses and healthcare workers seeking furnished, short-term accommodations near Sacramento's thriving medical community. Whether you're looking for a forever family home or an income-generating investment with endless potential, this property delivers on every level. This is California living at its finest don't miss your opportunity to make it yours!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 2,200 | - |
| Lot Size | 22,651 | - |
| Price | $695.0K | $576.3K |
| Price per sq ft | $316 | $376 |
| Built year | 1951 | 0 |
| HOA | $0 | $0 |
| Days on market | 39 | 35 |
Jun 13, 2026
$695,000
Initial Listing
Mar 23, 2018
$400,000
Public Record