
Granite Bay, CA 95746
This Exquisite Luxury Estate is a Strong Value Opportunity, listed at $2,450,000—positioned well below the $2,588,182 Fair Market Value by 5%. This valuation gap provides $138,182 in Instant Equity for a property in Pristine Condition. The home features a gourmet quartzite kitchen, saltwater pool, and sport court on a private acre. Zoned for 10/10 rated schools including Granite Bay High and Greenhills Elementary, it balances resort-style living with financial upside. This is an ideal acquisition for Luxury-seeking families or Owner-Occupants prioritizing prestige and value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7340 Shelborne Drive Subject | $2,450,000* List Price | 5 | 4 | 5,100 | $507 | - |
A 8060 Shelborne Drive Sold | $2,650,000 | 5 | 5 | 4,902 | $541 | 0.1 mi |
B 7475 Shelborne Drive Active | $2,400,000 List Price | 6 | 8 | 5,773 | $416 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1987, this property has undergone extensive recent renovations within the last 5 years that meet current luxury standards. The home features a reimagined floor plan, a high-end gourmet kitchen with new Mont Blanc quartzite countertops and professional-grade appliances, and a fully updated spa-inspired primary bathroom with radiant heating. With three HVAC systems, two tankless water heaters, and pristine interior finishes like wide-plank flooring and modern light fixtures, the property shows no deferred maintenance and is in like-new condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 42301, living area = 5100.
Elementary School: Greenhills Elementary School (10/10). Middle School: Willma Cavitt Junior High School (10/10). High School: Granite Bay High School (10/10).
The nearly one-acre lot is an entertainer's dream, featuring a saltwater pool, sport court, loggia with an outdoor kitchen, and a treehouse, all while maintaining privacy with no rear neighbors.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =42301, other record lot size in square feet = 41293.
Built in 1987, the home may still feature some original architectural elements or floor plan characteristics that feel less open than modern contemporary builds despite recent updates.
The expansive 5,100-square-foot interior combined with an amenity-heavy acre lot will require significant ongoing maintenance and higher utility costs to preserve the resort-style condition.
This exceptional home offers a blend of comfort, functionality, and luxury. The 5100 sq ft home is set on nearly one acre in the sought-after Shelborne neighborhood and has 5 spacious bedrooms and 4 bathrooms. The custom home has been recently updated, blending livability with resort-style living. The kitchen features an island as well as a peninsula with room for stools, a 48'' gas range, double ovens, and newly installed Mont Blanc quartzite countertops, new sink, and new faucet. The charming breakfast nook overlooks the beautiful backyard and leads into the family room, made inviting yet elegant with coffered ceilings, a stately fireplace, and custom built-ins. The impressive living room showcases a gorgeous tray ceiling and wood-burning fireplace. A glass door leads to a quaint brick patio. Also on the main level, double pocket doors open to reveal the private office, designed with custom shelving, cabinetry, and desks. A full bathroom is conveniently located near the main floor guest room. Upstairs, the home has been reimagined, adding a 5th bedroom and transforming space into a cozy lounge area. This inviting hang-out space includes a built-in desk, shelves, cabinetry, and walk-in storage closet. The two bedrooms in this wing share a stylish dual-access bathroom. The exquisite primary suite is a sophisticated retreat boasting a sitting area with fireplace, balcony overlooking the backyard, and a spa-inspired bathroom with radiant floor heating, soaking tub, dual vanities, towel warmer, and walk-in closet. The backyard is designed for entertaining, relaxation, and play. There are no rear neighbors and abundant amenities, including an expansive patio, saltwater pool, sport court, park-like lush lawn, tree house with slide, and loggia housing an outdoor kitchen, TV, and built-in hot tub. This is outdoor living at its finest! Additional highlights include 3 HVAC systems, 2 tankless water heaters, whole-house fan, two 2-car garages, and countless architectural details throughout. Shelborne is located in the award-winning Eureka Union School District and Granite Bay High boundaries and is just minutes from shops, amenities, and Folsom Lake State Park. Come tour and fall in love with the amazing lifestyle this incredible home offers!
No exterior & parking available.
Grades PK-3 • 2.7 mi
Grades 4-6 • 2.9 mi
Grades 7-8 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 75% |
| Baths | 4.0 | 3.0 | 57% |
| Square foot | 5,100 | 3,174 | 87% |
| Lot Size | 42,301 | 14,806 | 86% |
| Price | $2.45M | $1.24M | 92% |
| Price per sq ft | $480 | $406 | 78% |
| Built year | 1987 | 1994 | 33% |
| HOA | $130 | $182 | 43% |
| Days on market | 6 | 194 | 1% |
Apr 16, 2026
$2,450,000
Initial Listing
Apr 25, 2019
$1,650,000
Public Record
Apr 26, 2000
$783,000
Public Record