6341 Elkhorn Manor Drive, Rio Linda, CA 95673, Rio Linda, 95673 - 3 bed, 2 bath
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Rio Linda, CA 95673
This property presents a High-Potential Investment Opportunity with a List Price of $344,000—positioned well below the $356,027 Fair Market Value by 3%. This valuation gap offers $12,027 in Instant Equity for buyers willing to execute a renovation plan. With a Fair Condition Rating, the home features durable laminate flooring and a functional layout, though it requires cosmetic updates. Located near Rio Linda Preparatory Academy, this is a value-add asset ideal for Buy-and-Hold Investors or first-time buyers utilizing renovation financing.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6341 Elkhorn Manor Drive Subject | $344,000* List Price | 3 | 2 | 1,268 | $273 | - |
A 348 ARCHWAY Avenue Sold | $300,000 | 3 | 2 | 1,283 | $234 | 0.9 mi |
B 520 Harling Court Pending | $425,000 List Price | 3 | 2 | 1,268 | $335 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1997 (29 years old), the property falls into the 'Fair' category as it is dated and requires updates. The listing explicitly suggests a renovation loan and describes the kitchen as needing a 'personal touch' and the yard as a 'blank canvas' (dirt), indicating that while functional, the home needs significant cosmetic and likely system modernization.
Listed at $344,000, significantly below its 2023 sale price of $427,000, this property offers substantial equity potential and an accessible entry point for the Rio Linda market.
The home features durable laminate flooring throughout and a bright kitchen with white cabinetry, providing a clean, contemporary aesthetic that appeals to modern buyers.
The 1,268 square foot floor plan is efficiently designed with three bedrooms, two bathrooms, and a cozy fireplace, making it a practical choice for small families or investors.
The listing suggests the property is ideal for renovation loans, indicating that it likely requires additional capital investment to address updates or repairs.
With a 4,200 square foot lot, the outdoor space is relatively compact, which may be a drawback for buyers seeking a large backyard or significant privacy.
Welcome to this charming 3-bedroom, 2-bathroom home offering 1,268 square feet of comfortable living space on a 4,200 square foot lot. From the moment you arrive, the clean lines of the exterior and generous concrete driveway make a strong first impression. Step inside to discover a bright interior featuring durable laminate flooring that flows throughout the home. The kitchen offers white cabinetry and a functional layout ready for your personal touch. The spacious living room with a cozy fireplace is perfect for relaxing evenings, while the well-appointed bathroom. Outside, the low-maintenance yard provides a blank canvas for your vision whether that's a garden, patio, or entertaining space all framed by a mature shade tree. With great bones and plenty of potential, this home is ideal for first-time buyers with a renovation loan, investors, or anyone looking to put their own stamp on a solid property. Don't miss this opportunity!
No exterior & parking available.
Grades K-4 • 0.9 mi
Grades 5-8 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,268 | 1,311 | 42% |
| Lot Size | 4,199 | 7,405 | 3% |
| Price | $344.0K | $440.0K | 10% |
| Price per sq ft | $271 | $344 | 16% |
| Built year | 1997 | 1962 | 77% |
| HOA | $0 | $0 | 50% |
| Days on market | 41 | 156 | 3% |
May 4, 2026
$344,000
Initial Listing
Jul 6, 2023
$427,000
Public Record
Aug 5, 1998
$26,500
Public Record
Aug 5, 1998
$101,000
Public Record