6841 Shalimar Way, Citrus Heights, CA 95621, Citrus Heights, 95621 - 3 bed, 2 bath
Loading property details...
6841 Shalimar Way
Citrus Heights, CA 95621
ACTIVE
CONDITION: EXCELLENT
3Beds
2Baths
1,420Sq Ft
8,276Lot Size
Property Price
LIST PRICE$525,000
EST. MARKET VALUE
$495,316
5% AboveMARKET VALUE
SUMMARY
This Single Family Residence represents a High-Potential Investment Opportunity, listed at $535,000—positioned well above the $439,732 Fair Market Value by -21%. While the property features a Condition Rating of 2 with high-quality interior renovations, the current list price exceeds the estimated market value. The expansive 0.19-acre lot offers significant Development Potential for an ADU or RV access. This property is best suited for Buy-and-Hold Investors or Owner-Occupants who prioritize move-in ready interiors and long-term land utility over immediate equity capture.
Estimated Market Value
$495,316
Based on Realkey algorithm analyzing recent comparable sales in Citrus Heights.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6841 Shalimar Way Subject 3 bd · 2 ba · 1,420 sqft · $349 | $525,000* List Price | 3 | 2 | 1,420 | $349 | - |
A 6713 Shalimar Way Sold 3 bd · 2 ba · 1,410 sqft · $376 · 0.1 mi | $530,000 | 3 | 2 | 1,410 | $376 | 0.1 mi |
B 6531 Greencreek Way Sold 3 bd · 2 ba · 1,558 sqft · $326 · 0.4 mi | $507,500 | 3 | 2 | 1,558 | $326 | 0.4 mi |
C 6340 Chapel View Lane Sold 3 bd · 2 ba · 1,343 sqft · $279 · 0.3 mi | $375,000 | 3 | 2 | 1,343 | $279 | 0.3 mi |
D 6231 Paris Street Sold 3 bd · 2 ba · 1,663 sqft · $331 · 0.2 mi | $550,000 | 3 | 2 | 1,663 | $331 | 0.2 mi |
E 6530 Steffano Court Sold 4 bd · 2 ba · 1,478 sqft · $298 · 0.4 mi | $440,000 | 4 | 2 | 1,478 | $298 | 0.4 mi |
F 6523 Woodpark Way Sold 3 bd · 2 ba · 1,575 sqft · $312 · 0.5 mi | $492,000 | 3 | 2 | 1,575 | $312 | 0.5 mi |
G 6909 Kittery Avenue Sold 3 bd · 2 ba · 1,402 sqft · $330 · 0.9 mi | $462,000 | 3 | 2 | 1,402 | $330 | 0.9 mi |
H 6700 Mercedes Avenue Pending 2 bd · 2 ba · 1,435 sqft · $348 · 0.2 mi | $499,995 List Price | 2 | 2 | 1,435 | $348 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although originally built in 1959, the property has undergone recent high-quality renovations within the last 5 years. The bathroom is fully modernized with contemporary subway tiling, a new vanity, and updated fixtures. The interior features updated flooring, fresh paint, and a well-maintained exterior, making it completely move-in ready with no immediate maintenance needed.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8276, living area = 1420.
- Development Potential
The spacious 0.19-acre lot provides excellent opportunities for RV access or the addition of an ADU, offering significant value-add potential for investors or multi-generational families.
- Meticulous Maintenance
The property reflects a high level of pride of ownership, having been lovingly maintained to create a warm, move-in-ready atmosphere that stands out in its price point.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1420, other record living area = 1347.
- Vintage Infrastructure
Originally constructed in 1959, the home may require modernization of core systems and cosmetic updates to align with contemporary buyer preferences and energy efficiency standards.
- Modest School Ratings
The local public schools carry lower performance ratings, which could be a limiting factor for families specifically seeking high-ranking educational districts.
About 6841 Shalimar Way
New Listing & Great Opportunity! This home sits on a spacious 0.19-acre lot and offers plenty of potential both inside and out. The outside of the property provides an excellent opportunity for possible RV access or the addition of an ADU, while the generous backyard offers ample space to create your own outdoor retreat or even add a pool. Lovely cared for by its owner, this home has been maintained with pride and attention to detail. Inside, you'll find a warm and cozy atmosphere that immediately feels like home. Features include a newer Lenox AC system (2023), Newer water heater (2021), Upgraded electrical panel. The upgrades don't stop there this property has even more to offer! Come see it in person and experience the inviting character and potential this property has to offer!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1959
- Lot Size
- 8,276 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Citrus Heights Unified Schools
Arlington Heights Elementary School
Grades K-5 • 0.7 mi
4/10
Citrus Heights Elementary School
Grades K-6 • 1.7 mi
4/10
Harry Dewey Fundamental Elementary School
Grades K-6 • 1.8 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,420 | 1,481.913 |
| Lot Size | 8,276 | 7,530.02 |
| Price | $525.0K | $487.1K |
| Price per sq ft | $370 | $332 |
| Built year | 1959 | 1976 |
| HOA | $0 | $258 |
| Days on market | 33 | 44 |
Pricing History
Listed for Sale
Oct 14, 2026
$525,000
$535,000
-2% Price Drop
Initial Listing
Price Change
Sep 21, 2026
$535,000
Initial Listing
Sold
May 16, 2024
$545,000
Public Record
Sold
May 27, 2016
$267,000
Public Record