
Granite Bay, CA 95746
This Legacy Granite Bay Estate represents a premier Value-Add Opportunity within the prestigious, gated Shelborne community. Listed at $2,500,000, the price reflects the property’s elite location and expansive 0.88-acre lot. Currently in Fair Condition, the 4,275-square-foot residence features soaring ceilings and resort-style amenities, including a private pool, spa, and sports court. Situated in the top-rated Eureka Union School District with 10/10 schools, this property is a rare canvas for Luxury Renovators or Owner-Occupants seeking to create a custom modern showpiece in a high-demand enclave.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7500 Shelborne Drive Subject | $2,500,000* List Price | 5 | 4 | 4,275 | $489 | - |
A 7475 Shelborne Drive Active | $2,400,000 List Price | 6 | 8 | 5,773 | $416 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
While the exterior and resort-style grounds are in excellent condition, the 1984-built residence is marketed as a renovation opportunity to 'transform' into a 'modern showpiece.' This indicates that the interior, including the kitchen and bathrooms, likely features original or dated finishes and fixtures that have not been significantly updated in over 30 years, fitting the 'Fair' criteria for a well-maintained but outdated property.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 38503, living area = 4275.
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 expansive nearly one-acre grounds feature a private pool with waterfalls, a spa, a putting green, and a sports court, offering an unparalleled recreational experience.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =38503, other record lot size in square feet = 38432.
Built in 1984 and held by the same owner for over 30 years, the property is positioned as a renovation opportunity, suggesting the interior finishes likely require significant updates.
The property involves a substantial $1,410 association fee and high ongoing maintenance requirements for the extensive specialized landscaping and outdoor facilities.
Set behind its own private gated entry in the prestigious Shelborne community, this exceptional Granite Bay estate presents a rare opportunity to own a legacy property offered for the first time in over 30 years. Spanning approximately 4,275 square feet, this expansive five bedroom, three full bath and one half bath custom residence showcases a timeless floor plan designed for both grand scale living and everyday comfort. Soaring ceilings, generous living spaces, and abundant natural light create an impressive architectural presence, while the thoughtfully designed two story layout delivers both privacy and flow aligned with today's luxury lifestyle expectations. The outdoor setting is truly resort inspired, featuring a pool with waterfalls, spa, multiple mature fruit trees, garden areas, putting green, sports court, and expansive grounds designed for recreation, entertaining, and everyday enjoyment. Located within the highly sought after Shelborne enclave and the award winning Eureka Union School District, this property offers prestige, privacy, and close proximity to Folsom Lake, Douglas Boulevard, upscale shopping, dining, and recreation. This is a rare opportunity to secure one of Granite Bay's most coveted addresses and transform a legacy estate into a fully customized modern showpiece.
No exterior & parking available.
Grades PK-3 • 2.4 mi
Grades 4-6 • 2.7 mi
Grades 7-8 • 1.4 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 | 4,275 | 3,174 | 75% |
| Lot Size | 38,503 | 14,806 | 82% |
| Price | $2.50M | $1.24M | 92% |
| Price per sq ft | $585 | $406 | 93% |
| Built year | 1984 | 1994 | 30% |
| HOA | $1410 | $192 | 99% |
| Days on market | 36 | 194 | 1% |
Mar 17, 2026
$2,500,000
Initial Listing
Dec 28, 1993
$630,000
Public Record