7465 Red Bud Road, Granite Bay, CA 95746, Granite Bay, 95746 - 3 bed, 2 bath
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Granite Bay, CA 95746
This Rare Single-Story Value-Add Residence is listed at $775,000, positioned slightly above its $759,453 Fair Market Value to reflect the premium Lakeside location. With a Condition Rating of 4, the home features a 2022 HVAC system but retains vintage 1961 finishes, offering a clear path for forced appreciation through cosmetic updates. The expansive .4-acre lot includes a patio, sunroom, and side-yard access for a potential ADU or RV storage. Zoned for Top-Rated 10/10 Schools including Granite Bay High and Willma Cavitt Junior High, this property is an ideal opportunity for Owner-Occupants looking to build equity or first-time buyers seeking a high-utility asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7465 Red Bud Road Subject | $775,000* List Price | 3 | 2 | 1,988 | $382 | - |
A 7582 Lakeshore Drive Sold | $925,000 | 3 | 3 | 2,276 | $406 | 0.3 mi |
B 7537 Dove Court Sold | $805,000 | 4 | 3 | 2,077 | $388 | 0.5 mi |
C 6880 Boardwalk Drive Sold | $867,000 | 4 | 3 | 2,470 | $351 | 0.7 mi |
D 8420 Lakeland Drive Pending | $630,000 List Price | 3 | 2 | 1,401 | $450 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is well-maintained but shows significant signs of its 1961 origin. While the HVAC was replaced in 2022 and one bathroom has been updated with a modern walk-in shower, the kitchen features dated oak cabinetry and fluorescent box lighting. Other areas contain vintage elements like a blue porcelain sink, popcorn ceilings, and older carpeting, placing it in the 'fair' category as it is functional but requires cosmetic updates to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 17703, living area = 1988.
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 generous .4-acre lot includes a large paved side yard ideal for RV or boat storage, plus ample space and access for a potential ADU or backyard expansion.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =17703, other record lot size in square feet = 17500.
Built in 1961, the property may require additional capital improvements or cosmetic updates to align with modern luxury standards despite the 2022 HVAC upgrade.
With only two bathrooms serving nearly 2,000 square feet of living space, the home may feel underserviced for larger families or those seeking a more modern bed-to-bath ratio.
WATCH VIDEO TOUR- Tucked into the highly sought-after Lakeside neighborhood, this rare single-story gem at 7465 Red Bud Road offers the best of the Granite Bay lifestyle. Set on an expansive .4 acre lot, this 3-bedroom, 2-bath home plus dedicated office is designed for both comfort and flexibility, featuring a spacious sunroom that invites year-round indoor-outdoor living. The property shines with a large paved side yard ideal for boat or RV storage, or providing excellent access for a potential backyard ADU. Whether you're looking to expand, entertain, or simply enjoy the extra space, this lot offers endless possibilities. Inside, you'll appreciate thoughtful updates including an HVAC system replaced in 2022, while the single-story layout provides ease and functionality for everyday living. Located just minutes from Folsom Lake, this home offers quick access to outdoor recreation, trails, and water activities. It's also conveniently close to top-rated schools in the Eureka Union School District and Granite Bay High School, along with nearby shopping, dining, and daily essentials. With no HOA and no Mello Roos, this is a rare opportunity to enjoy the freedom and charm of Granite Bay's premier lakeside living.
No exterior & parking available.
Grades 4-6 • 2.6 mi
Grades PK-3 • 2.6 mi
Grades PK-3 • 3.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 20% |
| Baths | 2.0 | 3.0 | 15% |
| Square foot | 1,988 | 3,164 | 12% |
| Lot Size | 17,703 | 14,806 | 54% |
| Price | $775.0K | $1.24M | 16% |
| Price per sq ft | $390 | $403 | 43% |
| Built year | 1961 | 1994 | 6% |
| HOA | $0 | $182 | 20% |
| Days on market | 13 | 194 | 1% |
Apr 9, 2026
$775,000
Initial Listing
Apr 18, 2012
$200,000
Public Record