
Carmichael, CA 95608
This Single Family Residence presents a High-Potential Investment Opportunity with a List Price of $565,000—positioned above the $538,892 Fair Market Value. While the property requires a budget for modernization due to its Condition Rating of 4, it features significant Major System Upgrades including a newer roof, HVAC, and windows. The expansive 12,632 sqft lot with side-yard access offers rare utility for RV storage or future expansion. This is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking to build equity through cosmetic renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6310 Cassady Way Subject | $545,900* List Price | 3 | 2 | 1,415 | $379 | - |
A 3601 Sareco Court Sold | $498,000 | 3 | 2 | 1,289 | $386 | 0.8 mi |
B 6001 Grant Avenue Sold | $400,000 | 3 | 1 | 884 | $452 | 0.4 mi |
C 5631 Engle Road Sold | $438,000 | 3 | 1 | 1,142 | $384 | 0.9 mi |
D 2851 Royal Palm Way Sold | $705,000 | 3 | 3 | 1,961 | $360 | 0.7 mi |
E 3524 Verla Street Active | $414,900 List Price | 3 | 2 | 1,260 | $329 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1961, the home has excellent 'bones' with major system updates including a newer roof, HVAC, and windows. However, the interior is significantly dated; the kitchen and bathrooms appear original or over 30 years old with vintage tile, cabinetry, and wallpaper, requiring cosmetic and functional updates to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12632, living area = 1415.
The property features a newer roof, HVAC system, and windows, providing immediate energy efficiency and reducing the need for significant near-term capital expenditures.
Sitting on over a quarter-acre, the large lot includes side-yard access and a storage shed, offering rare flexibility for RV/boat storage or future outdoor expansions.
While well-maintained, the interior likely retains original 1960s finishes, requiring a budget for cosmetic updates to meet contemporary aesthetic standards.
At 1,415 square feet, the interior footprint may feel restrictive for buyers seeking modern open-concept layouts or larger primary suites.
New Price Alert! First Time Ever on the Market! A rare opportunity to own a home that has been lovingly cared for by the same owner for decades. Located in an established Carmichael neighborhood, this single-story home sits on a generously sized lot with an expansive backyard, side-yard access, and a storage shed, offering endless possibilities for entertaining, gardening, recreation, or future improvements. The roof, and windows have been replaced, providing comfort, energy efficiency, and peace of mind. Inside, natural light fills the living spaces, while a classic fireplace serves as a warm and inviting focal point, adding timeless character and charm. The oversized backyard provides ample room to create your ideal outdoor retreat, and the side-yard access offers flexibility for additional storage, recreational vehicles, trailers, or easy backyard access. Mature landscaping and decades of pride of ownership create a welcoming setting that reflects the character of this well-established neighborhood. Conveniently located near the American River Parkway, parks, shopping, dining, and everyday conveniences, this home offers the perfect blend of neighborhood charm and accessibility. Opportunities like this are increasingly rare first-time-on-the-market home with major system updates already completed, a large usable lot, and the chance for its next owner to make it their own.
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 | 1,415 | - |
| Lot Size | 12,632 | - |
| Price | $545.9K | $576.3K |
| Price per sq ft | $386 | $376 |
| Built year | 1961 | 0 |
| HOA | $0 | $0 |
| Days on market | 27 | 35 |
Jul 17, 2026
$545,900
$565,000
-3% Price Drop
Initial Listing
Jun 25, 2026
$565,000
Initial Listing