
Granite Bay, CA 95746
This Executive Gated Residence is a Strong Value Opportunity, listed at $1,399,000—positioned well below the $1,486,372 Fair Market Value by 5%. This valuation gap provides $87,372 in Instant Equity. Boasting a Mint Condition Rating, the 4,148 sq ft interior features engineered hardwood and a multigenerational layout with a main-level suite. The premium lot backs to a scenic greenbelt, offering rare privacy near 10/10-rated schools like Granite Bay High and Oakhills Elementary. This is an elite find for Luxury Home Seekers or Owner-Occupants prioritizing lifestyle and immediate financial upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6151 Lockridge Drive Subject | $1,399,000* List Price | 5 | 5 | 4,148 | $358 | - |
A 4885 Ketchum Court Sold | $1,750,000 | 4 | 4 | 4,285 | $408 | 0.6 mi |
B 8075 Chestnut Court Sold | $1,600,000 | 5 | 4 | 4,068 | $393 | 0.7 mi |
C 5250 Fenton Way Sold | $1,160,000 | 5 | 3 | 3,957 | $293 | 0.9 mi |
D 8085 Chestnut Court Sold | $1,424,000 | 4 | 4 | 4,068 | $350 | 0.7 mi |
E 9878 Penbridge Drive Sold | $1,300,000 | 4 | 3 | 3,370 | $386 | 0.8 mi |
F 8755 Brookdale Circle Sold | $1,460,000 | 4 | 4 | 4,477 | $326 | 0.8 mi |
G 121 Kendall Court Active | $1,098,000 List Price | 5 | 3 | 3,957 | $277 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 2000, the property shows evidence of a high-end, comprehensive renovation within the last 5 years. The interior features modern engineered hardwood flooring, updated electrical and lighting, an EV outlet, and contemporary designer finishes (shiplap, stone fireplace, and modern fixtures) that place it in mint, move-in-ready condition.
Elementary School: Oakhills Elementary School (10/10). Middle School: Willma Cavitt Junior High School (10/10). High School: Granite Bay High School (10/10).
Situated on a premium lot within the gated Ashley Woods community, this property backs directly to a greenbelt and trails with no rear neighbors, offering a rare level of seclusion and direct outdoor access.
The home is zoned for some of the highest-rated schools in the region, including Granite Bay High School and Oakhills Elementary, both of which carry a perfect 10/10 rating.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 4148, other record living area = 3940.
The property has undergone five consecutive price reductions from an initial $1.5M down to $1.399M, which may signal initial overvaluation or difficulty in securing a buyer at the current price point.
Built in 2000, the home's large scale and five bathrooms may require significant capital investment to fully modernize the interior finishes to meet the expectations of today's luxury buyers.
Space. Privacy. Location. 5 Bedrooms in Gated Granite Bay Backing to Greenbelt. Homes with this size, layout, and setting in Ashley Woods rarely come to market. Set on a premium lot with no rear neighbors, this property offers over 4,100 sq ft designed for both everyday living and entertaining. Step inside to soaring ceilings, natural light, and a layout that flows. Multiple living areas include formal living and dining rooms, a spacious family room, and an upstairs loft ideal for flexible living, work, or multigenerational needs. A full bedroom and bathroom on the main level add convenience and function. The kitchen opens directly to the main living space, creating a central hub for gatherings. Upstairs, the primary suite offers a private retreat with a walk-in closet, soaking tub, and separate shower. Upgrades include engineered hardwood flooring, updated lighting and electrical, EV outlet, and two fireplaces. The 3-car garage adds functionality and storage. The backyard is designed for outdoor living with a built-in BBQ, fire pit, and direct access to trails and a greenbelt, offering a level of privacy that is hard to find. Located in one of Granite Bay's most desirable gated communities, just minutes from top-rated schools, parks, and everyday amenities. Schedule your showing today.
No exterior & parking available.
Grades 4-6 • 0.6 mi
Grades PK-3 • 0.9 mi
Grades 4-6 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 75% |
| Baths | 5.0 | 3.0 | 81% |
| Square foot | 4,148 | 3,193 | 75% |
| Lot Size | 12,628 | 14,743 | 42% |
| Price | $1.40M | $1.24M | 60% |
| Price per sq ft | $337 | $402 | 23% |
| Built year | 2000 | 1994 | 69% |
| HOA | $140 | $182 | 44% |
| Days on market | 26 | 194 | 1% |
Apr 20, 2026
$1,399,000
$1,460,000
-4% Price Drop
Initial Listing
Apr 6, 2026
$1,460,000
$1,475,000
-1% Price Drop
Initial Listing
Apr 4, 2026
$1,475,000
$1,485,000
-1% Price Drop
Initial Listing
Apr 2, 2026
$1,485,000
$1,500,000
-1% Price Drop
Initial Listing
Mar 27, 2026
$1,500,000
Initial Listing
May 29, 2024
$1,140,000
Public Record
Jul 19, 2000
$481,500
Public Record