
Carmichael, CA 95608
This Spacious Single Family Residence represents a High-Potential Investment Opportunity, listed at $725,000—positioned slightly above the $716,907 Fair Market Value. While the property requires cosmetic modernization, its Condition Rating of 4 and massive 3,328 square foot floor plan provide a blank canvas for value-add renovations. Featuring a private swimming pool, covered patio, and proximity to highly-rated schools like Harry Dewey Elementary, this home offers significant lifestyle upside. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build long-term equity through strategic updates.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7121 Willey Way Subject | $650,000* List Price | 4 | 3 | 3,328 | $205 | - |
A 4247 Mapel Lane Sold | $537,000 | 4 | 3 | 2,534 | $212 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1972 and offered for the first time, the home is well-maintained but significantly dated. The kitchen features older white appliances and cabinetry, while the bathrooms retain vintage red and yellow tile work from several decades ago. While functional and move-in ready, the property requires comprehensive cosmetic updates to the kitchen, baths, and flooring to meet modern standards.
The backyard is a true summer destination, featuring a swimming pool, built-in BBQ structure, and a covered patio, perfect for hosting and outdoor living.
At over 3,300 square feet, this home offers rare interior scale for the area, including four bedrooms, three baths, and a large converted game room.
The property is ideally situated near the American River Parkway, local parks, and highly-rated schools, providing excellent lifestyle convenience and value.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3328, other record living area = 2740.
As a first-time-to-market 1972 build, the interior likely requires cosmetic updates and renovations to align with contemporary buyer preferences.
The conversion of the original garage into a game room leaves only a tandem garage setup, which may be less convenient for households with multiple vehicles.
When you say a home has great energy, this is the kind of place you are talking about when you say those words. When you say that a house is a go-to house during the summer and just about any other time of the year, this is the home you are referencing. The first time on the market, and waiting for its next owners to build wonderful memories, this home has ample space to do just that. You will enjoy four bedrooms and three full baths, approximately 3,228 square feet of living space (per appraiser), a game room converted from the two-car garage decades ago, formal dining, living and family rooms. You will be impressed with a laundry chute from the primary bedroom. The backyard is waiting for you and outdoor living with a swimming pool, built-in structure for a barbeque, poured concrete side area and covered patio off of the family room. There is a wet bar, wood burning fireplace insert in the family room, and a two-car tandem garage. The house is in close proximity to everyday conveniences, parks, K-12 schools, the American River Parkway at Sunrise Avenue, and Highway 50 and Interstate 80. If you are looking for a wonderful home to build great memories, this may be the one.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-6 • 0.4 mi
Grades 6-8 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 3,328 | 1,713.891 |
| Lot Size | 9,583 | 9,593.696 |
| Price | $650.0K | $573.8K |
| Price per sq ft | $195 | $343 |
| Built year | 1972 | 1964 |
| HOA | $0 | $194 |
| Days on market | 49 | 43 |
Aug 31, 2026
$650,000
$695,000
-6% Price Drop
Initial Listing
Aug 10, 2026
$695,000
$725,000
-4% Price Drop
Initial Listing
Jul 22, 2026
$725,000
Initial Listing