6812 Castro Verde Way, Elk Grove, CA 95757, Elk Grove, 95757 - 4 bed, 3 bath
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6812 Castro Verde Way
Elk Grove, CA 95757
ACTIVE
CONDITION: FAIR
4Beds
3Baths
3,394Sq Ft
7,148Lot Size
Property Price
LIST PRICE$815,000
EST. MARKET VALUE
$764,875
6% AboveMARKET VALUE
SUMMARY
This Spacious Single Family Residence represents a Strong Value Opportunity, listed at $815,000—positioned well below the $764,875 Fair Market Value by -6%. While the property is currently occupied by a long-term tenant, its 3,394 square feet and proximity to top-tier schools like Carroll Elementary (Rating 8) provide significant long-term stability. With a Fair Condition Rating, the home offers a functional layout for value-add cosmetic updates. This asset is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-potential property in a prime Elk Grove location.
Estimated Market Value
$764,875
Based on Realkey algorithm analyzing recent comparable sales in Elk Grove.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6812 Castro Verde Way Subject 4 bd · 3 ba · 3,394 sqft · $225 | $815,000* List Price | 4 | 3 | 3,394 | $225 | - |
A 6829 Salvaterra Circle Sold 4 bd · 3 ba · 3,226 sqft · $260 · 0.5 mi | $840,000 | 4 | 3 | 3,226 | $260 | 0.5 mi |
B 10208 Jenny Lynn Way Sold 5 bd · 3 ba · 3,440 sqft · $259 · 0.6 mi | $890,000 | 5 | 3 | 3,440 | $259 | 0.6 mi |
C 6813 Vilamoura Way Sold 4 bd · 3 ba · 3,598 sqft · $233 · 0.4 mi | $840,000 | 4 | 3 | 3,598 | $233 | 0.4 mi |
D 10360 Jennick Way Sold 4 bd · 3 ba · 3,067 sqft · $242 · 0.4 mi | $741,000 | 4 | 3 | 3,067 | $242 | 0.4 mi |
E 10413 Danichris Way Sold 4 bd · 3 ba · 3,500 sqft · $233 · 0.7 mi | $815,000 | 4 | 3 | 3,500 | $233 | 0.7 mi |
F 10272 Beckley Way Sold 5 bd · 3 ba · 2,898 sqft · $241 · 1.0 mi | $697,500 | 5 | 3 | 2,898 | $241 | 1.0 mi |
G 10228 Jenny Lynn Way Sold 4 bd · 3 ba · 2,832 sqft · $264 · 0.5 mi | $749,000 | 4 | 3 | 2,832 | $264 | 0.5 mi |
H 6817 Vilamoura Way Sold 4 bd · 3 ba · 2,849 sqft · $264 · 0.4 mi | $751,000 | 4 | 3 | 2,849 | $264 | 0.4 mi |
I 6824 Castro Verde Way Pending 5 bd · 3 ba · 3,579 sqft · $210 · 0.0 mi | $749,900 List Price | 5 | 3 | 3,579 | $210 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 2004, the property is 22 years old, which falls into the 'Fair' category (>20y). The presence of a long-term tenant and the absence of renovation details suggest the interior is likely dated and will require minor repairs or cosmetic updates to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Expansive Living Space
Boasting nearly 3,400 square feet, this home features a highly functional layout with separate dining and family rooms and a private master wing, making it ideal for large families and entertaining.
- Prime School District
The property is situated in a top-tier school district, located less than half a mile from Carroll Elementary (Rating 8) and within close proximity to Toby Johnson Middle School.
- Investment Potential
With a reliable, long-term tenant already in place who desires to stay, this property offers an immediate, turnkey opportunity for investors seeking stable rental income.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7148, other record lot size in square feet = 7448. Living area discrepancy between mls listing and other public or private record. mls listing living area = 3394, other record living area = 3098. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 5.
- Occupancy Restrictions
The presence of a long-term tenant may complicate the process for owner-occupant buyers who require immediate possession or a vacant home at the close of escrow.
- Marketing Visibility
The current lack of professional photography in the listing may hinder initial online engagement and buyer interest during the critical first week on the market.
About 6812 Castro Verde Way
SPACIOUS 4 bedroom 2 1/2 bath. Lots of living space. Separate dining and family room. Master bedroom located on separate side from other bedrooms for privacy. This home is ideal for entertaining. Great school district. Long term tenant that would like to remain. PROFESSIONAL PHOTOS TO BE UPLOADED!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2004
- Lot Size
- 7,148 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Elk Grove Unified Schools
Carroll Elementary School
Grades K-6 • 0.4 mi
8/10
Marion Mix Elementary
Grades K-6 • 3.4 mi
6/10
Toby Johnson Middle School
Grades 7-8 • 0.9 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.7 |
| Baths | 3.0 | 3.0 |
| Square foot | 3,394 | 2,014.161 |
| Lot Size | 7,148 | 6,412.454 |
| Price | $815.0K | $631.5K |
| Price per sq ft | $240 | $320 |
| Built year | 2004 | 2000 |
| HOA | $0 | $164 |
| Days on market | 7 | 47 |
Pricing History
Listed for Sale
Oct 17, 2026
$815,000
Initial Listing