6824 Castro Verde Way, Elk Grove, CA 95757, Elk Grove, 95757 - 5 bed, 3 bath
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6824 Castro Verde Way
Elk Grove, CA 95757
ACTIVE
CONDITION: FAIR
5Beds
3Baths
3,579Sq Ft
7,370Lot Size
Property Price
LIST PRICE$775,000
EST. MARKET VALUE
$775,372
SUMMARY
This Spacious Single-Family Residence represents a High-Potential Investment Opportunity, listed at $775,000—positioned well below the $775,372 Fair Market Value by 0.05%. With a Condition Rating of 4, the property requires cosmetic updates, offering a blank canvas to drive value through renovation. Located near top-rated schools like Carroll Elementary (Rating 8), this home features a 3,579 sq. ft. floor plan, loft, and patio. This is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking to build equity in a prime Elk Grove location.
Estimated Market Value
$775,372
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 |
|---|---|---|---|---|---|---|
★ 6824 Castro Verde Way Subject | $775,000* List Price | 5 | 3 | 3,579 | $217 | - |
A 6829 Salvaterra Circle Sold | $840,000 | 4 | 3 | 3,226 | $260 | 0.5 mi |
B 10208 Jenny Lynn Way Sold | $890,000 | 5 | 3 | 3,440 | $259 | 0.6 mi |
C 6847 Boa Nova Drive Sold | $990,000 | 4 | 3 | 4,265 | $232 | 0.1 mi |
D 10413 Danichris Way Sold | $815,000 | 4 | 3 | 3,500 | $233 | 0.7 mi |
E 10360 Jennick Way Sold | $741,000 | 4 | 3 | 3,067 | $242 | 0.5 mi |
F 10228 Jenny Lynn Way Sold | $749,000 | 4 | 3 | 2,832 | $264 | 0.5 mi |
G 6817 Vilamoura Way Sold | $751,000 | 4 | 3 | 2,849 | $264 | 0.4 mi |
H 6832 Salvaterra Circle Sold | $832,000 | 4 | 3 | 3,226 | $258 | 0.5 mi |
I 10236 Stathos Drive Active | $898,000 List Price | 6 | 3 | 3,440 | $261 | 0.4 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 2003 (23 years old), the home features original dated finishes including oak cabinetry, tile countertops, and linoleum flooring. The listing explicitly mentions the need for 'TLC' and 'rolling up sleeves,' and photos show significant wear on the carpets and patchy landscaping, consistent with a property over 20 years old requiring updates and minor repairs.
PROSSTRENGTHS & OPPORTUNITIES
- Expansive Living Space
With 3,579 square feet, five bedrooms, and a large loft, this property offers a grand-scale floor plan that is ideal for large families and multi-generational living.
- Prime Location and Schools
The home is situated in a highly desirable Elk Grove neighborhood near top-rated schools, including Carroll Elementary (Rating 8), as well as parks, shopping, and freeway access.
- High-Value Functional Features
The property includes sought-after amenities such as possible RV parking, plantation shutters, a fireplace, and a large indoor laundry room, providing a strong foundation for value.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
- Deferred Maintenance
The listing explicitly states the home needs 'TLC,' indicating that buyers will need to budget for immediate repairs and cosmetic updates to bring the home to its full potential.
- High Renovation Costs
Given the massive square footage of the home, the cost to update flooring, paint, and fixtures will be significantly higher than a standard-sized residence, potentially impacting the overall investment return.
About 6824 Castro Verde Way
Welcome to this exceptionally spacious 5-bedroom, 3 full bath home with a loft and 3,579 sq. ft. of living space! Featuring large rooms throughout, this grand-scale property offers an abundance of space for everyday living, entertaining, and creating the home of your dreams. The impressive floor plan includes a large separate living room and family room is perfect for hosting family and friends. The family room featuring a fireplace, ceiling fan, and plantation shutters. Additional features include a large indoor laundry room, loft, patio, and possible RV parking. Conveniently located near some of Elk Grove's finest schools, parks, library, shopping, and freeway access. This property needs TLC, but considering it's size, generous rooms, desirable layout, and great location, it offers an exciting opportunity to bring your vision to life and create something truly special. Bring your imagination, roll up your sleeves, and unlock the potential of this spacious Elk Grove home!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2003
- Lot Size
- 7,370 Sq. Ft.
Interior
- Total Bedrooms
- 5
- 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 | 5.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 3,579 | 2,065.354 |
| Lot Size | 7,370 | 6,415.572 |
| Price | $775.0K | $628.7K |
| Price per sq ft | $217 | $316 |
| Built year | 2003 | 2000 |
| HOA | $0 | $172 |
| Days on market | 23 | 45 |
Pricing History
Listed for Sale
Aug 17, 2026
$775,000
Initial Listing
Sold
Aug 24, 2010
$330,000
Public Record
Sold
Jan 24, 2005
$535,000
Public Record