
Carmichael, CA 95608
This Single-Family Residence presents a High-Potential Investment Opportunity with a List Price of $548,000—positioned well above the $516,888 Fair Market Value by 6%. While the property requires cosmetic updates due to its Fair Condition Rating, the expansive 10,851 sqft lot and Great Room Concept provide a solid foundation for value-add renovations. Featuring a 2-car garage and a spacious walk-in pantry, this home offers significant utility. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build equity through strategic modernization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6616 Pepperwood Way Subject | $548,000* List Price | 3 | 2 | 1,458 | $355 | - |
A 6605 Penney Way Sold | $567,500 | 3 | 3 | 1,635 | $347 | 0.2 mi |
B 5117 Schuyler Drive Sold | $500,000 | 3 | 2 | 1,381 | $362 | 0.7 mi |
C 6406 Templeton Drive Sold | $420,000 | 3 | 2 | 1,134 | $370 | 0.4 mi |
D 5613 Sapunor Way Sold | $415,000 | 3 | 2 | 1,120 | $371 | 0.9 mi |
E 6430 Rexford Way Sold | $450,000 | 3 | 2 | 1,162 | $387 | 0.4 mi |
F 6606 Rexford Way Sold | $484,900 | 3 | 2 | 1,221 | $397 | 0.4 mi |
G 6334 Appian Way Sold | $499,900 | 3 | 2 | 1,367 | $366 | 0.4 mi |
H 5831 Hesper Way Sold | $495,000 | 3 | 2 | 1,701 | $291 | 0.9 mi |
I 5262 E Flagstone Street Pending | $449,999 List Price | 3 | 2 | 1,338 | $336 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1960, the home features a dated interior with renovations likely performed over 20 years ago. While the layout is functional, visible wear such as stained carpeting, worn hardwood floors, and older cabinetry/fixtures indicates the property needs cosmetic updates and minor repairs.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10851, living area = 1458.
The nearly quarter-acre lot (10,851 sqft) provides significant outdoor space for gardening, entertaining, or potential future expansions, offering a level of privacy and versatility rare at this price point.
The great room design seamlessly connects the kitchen and family room, creating a contemporary flow that is highly sought after for both daily living and social entertaining.
Built in 1960, the property may require updates to its original systems or cosmetic modernization to meet current energy efficiency and modern aesthetic standards.
The property is served by schools with varying performance scores, including a lower-rated elementary school, which could be a consideration for families prioritizing top-tier educational rankings.
Welcome home to this well laid-out 3-bedroom, 2-bath single-story home, offering the ease and comfort of one-level living. A 2-car garage provides plenty of room for vehicles and storage, while the expansive, nearly quarter-acre lot gives you space to garden, play, entertain, or simply spread out. Step inside to a great room concept, where the kitchen and family room flow seamlessly together perfect for everyday living and effortless entertaining, keeping everyone connected whether you're cooking, relaxing, or hosting friends. The kitchen also features a spacious walk-in pantry, offering abundant storage for all your culinary essentials. With its well laid-out floor plan, generous outdoor space, and inviting living areas, this home is ready to welcome its next chapter. Don't miss the opportunity to make it yours!
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-6 • 0.7 mi
Grades 6-8 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,458 | - |
| Lot Size | 10,851 | - |
| Price | $548.0K | $576.3K |
| Price per sq ft | $376 | $376 |
| Built year | 1960 | 0 |
| HOA | $0 | $0 |
| Days on market | 8 | 35 |
Jul 14, 2026
$548,000
Initial Listing
Aug 12, 2008
$290,000
Public Record
Sep 1, 1994
$130,000
Public Record