
Sacramento, CA 95831
This property presents a High-Potential Investment Opportunity with a List Price of $499,000—positioned well below the $509,748 Fair Market Value by 2%. This valuation gap offers $10,748 in Instant Equity for buyers willing to execute a full renovation. With a Condition Rating of 5, the home requires significant capital improvements, yet the 9,148 sqft lot and in-ground pool provide a strong foundation for forced appreciation. This is a value-add asset ideal for Fix-and-Flip Investors or Contractors seeking a project in an established neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7165 Reichmuth Way Subject | $499,000* List Price | 3 | 2 | 1,666 | $306 | - |
A 6829 Havenhurst Drive Sold | $515,000 | 3 | 2 | 1,459 | $353 | 0.5 mi |
B 972 Shellwood Way Sold | $510,000 | 4 | 2 | 1,555 | $328 | 0.4 mi |
C 1339 Palomar Circle Sold | $560,500 | 3 | 2 | 1,520 | $369 | 0.6 mi |
D 6837 Havenhurst Drive Pending | $500,000 List Price | 3 | 2 | 1,535 | $326 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1967 and largely in original condition, this 'diamond in the rough' requires a full rehab. The kitchen and utility rooms feature peeling linoleum and vintage cabinetry, while the living areas show heavily stained carpets and popcorn ceilings. The empty pool and neglected landscaping indicate significant deferred maintenance consistent with a property needing a total renovation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9148, living area = 1666.
The property features an expansive 9,148 sqft lot with an in-ground pool and mature landscaping, offering a private and functional outdoor retreat perfect for Sacramento summers.
Positioned as a 'diamond in the rough' with a functional single-story floor plan and 'great bones,' this home provides a prime opportunity for investors or homeowners to build substantial equity through renovation.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 1.
The property was recently sold within the past year on 2026-08-21. The sold price is $372,000.00.
The property is in need of significant TLC and modernization, as it currently features vintage finishes and original 1967 elements that require a substantial additional investment.
Bring your vision and unlock the potential of this South Land Park-area diamond in the rough! 7165 Reichmuth Way offers the kind of opportunity buyers and investors are always looking for. A single-story home with great bones, spacious lot, and an in-ground pool. This home is filled with character and possibilities galore providing a functional floor plan that features generous living spaces and an open kitchen and dining area. Vintage finishes provide a glimpse into the home's original charm while offering the perfect canvas for a fresh, modern transformation. Outside is where the possibilities really open up. Mature landscaping provides privacy, while the expansive backyard and pool create the foundation for an incredible outdoor retreat. Refresh what's already here or reimagine the space entirely the setting offers plenty of flexibility for entertaining, relaxing, and enjoying Sacramento's warm summers. Ready for some TLC and a designer's touch, this home presents an exciting opportunity to renovate, personalize, and build equity in an established Sacramento neighborhood. Whether you're searching for your next project or a home you can truly make your own, this one is packed with potential.
No exterior & parking available.
Grades K-6 • 0.5 mi
Grades K-6 • 0.5 mi
Grades K-6 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,666 | 1,540.857 |
| Lot Size | 9,148 | 6,330.116 |
| Price | $499.0K | $508.1K |
| Price per sq ft | $300 | $333 |
| Built year | 1967 | 1975 |
| HOA | $0 | $128 |
| Days on market | 8 | 45 |
Sep 1, 2026
$499,000
Initial Listing
Aug 21, 2026
$372,000
Public Record