6838 Olive Tree Way, Citrus Heights, CA 95610, Citrus Heights, 95610 - 4 bed, 2 bath
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Citrus Heights, CA 95610
This Sweat Equity Ranch-Style Asset is a high-potential Value-Add Opportunity listed at $589,000. While currently positioned above the $521,612 Fair Market Value, the property offers significant appreciation potential through its Condition Rating of 4 and proximity to the planned Sunrise Mall entertainment district. The residence features a Newer HVAC System, a Newer Stove, and an expansive 800 SqFt Deck on a large 8,712 SqFt Lot. This property is a strategic acquisition for Fix-and-Flip Investors or Contractors looking to capitalize on future area redevelopment.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6838 Olive Tree Way Subject | $499,999* List Price | 4 | 2 | 1,947 | $249 | - |
A 7134 Mathis Court Sold | $509,900 | 4 | 2 | 1,768 | $288 | 0.5 mi |
B 7199 Camel Rock Way Sold | $535,000 | 4 | 3 | 1,915 | $279 | 0.4 mi |
C 8057 Poulson Street Sold | $542,000 | 3 | 3 | 1,797 | $302 | 0.3 mi |
D 7412 Fox Hills Drive Sold | $575,000 | 4 | 2 | 1,944 | $296 | 0.8 mi |
E 7201 Canelo Hills Drive Sold | $525,000 | 3 | 2 | 1,756 | $299 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
This 1976 ranch-style home is accurately described as a 'sweat equity' opportunity. While it features some significant functional upgrades like a newer HVAC system and stove, along with partial updates to the flooring and one bathroom, the overall aesthetic remains dated. The presence of popcorn ceilings, older cabinetry, and the need for cosmetic finishing throughout align with the 'fair' criteria. The property is well-maintained and functional but requires minor updates and decluttering to reach its full potential.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8712, living area = 1947.
Positioned as a 'sweat equity' opportunity near the planned Sunrise Mall sports and entertainment district, this property offers significant upside for buyers looking to build value through improvements.
The home benefits from a newer HVAC system, a newer stove, and fresh paint, providing peace of mind regarding major mechanical costs despite the need for cosmetic updates.
The property requires significant 'sweat equity' and is currently in a cluttered state due to packing, which may deter buyers looking for a move-in-ready experience.
Several of the local schools, including the assigned high school, carry lower performance ratings, which may impact the property's appeal to families prioritizing top-tier education.
'PRICE IMPROVEMENT' SACRAMENTO SUBURB LIVING Step into this One-of-a-kind SWEAT EQUITY ranch-style home located in a highly sought-after neighborhood known for its incredible holiday spirit and community pride. This spacious property offers comfortable single-level living and sits in a prime location close to transportation, schools, and shopping. Just minutes from the exciting new sports and entertainment arena planned for the Sunrise Mall district making this home not only special today, but a fantastic opportunity for the future. Newer HVAC, 800 sq foot Deck mol, Garden box with greenhouses. Newer Stove, and paint. (PARDON THE MESS PACKING) Bring all offers
No exterior & parking available.
Grades K-5 • 1.0 mi
Grades K-6 • 3.0 mi
Grades K-8 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 62% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,947 | 1,567 | 85% |
| Lot Size | 8,712 | 8,276 | 54% |
| Price | $500.0K | $509.9K | 44% |
| Price per sq ft | $257 | $319 | 9% |
| Built year | 1976 | 1977 | 49% |
| HOA | $0 | $0 | 50% |
| Days on market | 21 | 175 | 1% |
Apr 22, 2026
$499,999
$519,000
-4% Price Drop
Initial Listing
Apr 18, 2026
$519,000
$539,000
-4% Price Drop
Initial Listing
Apr 15, 2026
$539,000
$559,000
-4% Price Drop
Initial Listing
Apr 10, 2026
$559,000
$569,000
-2% Price Drop
Initial Listing
Apr 8, 2026
$569,000
$589,000
-3% Price Drop
Initial Listing
Apr 1, 2026
$589,000
Initial Listing
Sep 12, 2014
$300,000
Public Record