7948 Grandstaff Drive, Sacramento, CA 95823, Sacramento, 95823 - 3 bed, 2 bath
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Sacramento, CA 95823
This Value-Add Residential Asset is listed at $410,000, positioned near its $377,977 Fair Market Value following a significant price correction. Boasting a Condition Rating of 4, the property serves as an ideal canvas for modernization, offering High Sweat Equity Potential for those looking to build value through interior updates. Key structural maintenance includes a Newer Roof, while the location within the premier Elk Grove Unified School District ensures long-term market stability and demand. This property represents a strategic acquisition for Fix-and-Flip Investors or Contractors seeking a high-upside project in a desirable Sacramento suburb.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7948 Grandstaff Drive Subject | $410,000* List Price | 3 | 2 | 1,211 | $312 | - |
A 5 Seco Court Sold | $425,500 | 3 | 2 | 1,255 | $339 | 0.7 mi |
B 6060 Seyferth Way Sold | $395,000 | 3 | 2 | 1,255 | $315 | 0.7 mi |
C 8018 Center Parkway Sold | $349,000 | 3 | 2 | 1,174 | $297 | 0.2 mi |
D 86 Audia Circle Sold | $401,350 | 3 | 2 | 1,160 | $346 | 0.9 mi |
E 6330 Valley Hi Drive Sold | $295,000 | 3 | 1 | 1,012 | $292 | 0.2 mi |
F 8127 Franciscan Way Sold | $430,000 | 4 | 2 | 1,318 | $326 | 0.5 mi |
G 4802 Bandalin Way Pending | $449,900 List Price | 4 | 2 | 1,329 | $339 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is a 1972 original-condition home that has not undergone any major renovations since construction. While the listing mentions a newer roof, the interior components, including the bathrooms and kitchen, are significantly dated and show signs of age-related wear. The home appears to have been maintained through regular upkeep rather than modernization, making it a candidate for 'sweat equity' as it requires comprehensive updates to flooring, fixtures, and cabinetry to meet current market standards.
The property is located within the highly coveted Elk Grove Unified School District, providing a significant competitive advantage for resale and appeal to families.
The inclusion of a newer roof mitigates the risk of large, immediate capital expenditures, offering essential peace of mind for the buyer.
As a largely original 1972 home, this property serves as an ideal canvas for investors or DIY homeowners to build substantial equity through modernization.
The home has not been updated since its construction, meaning buyers will need to budget for comprehensive renovations to kitchens, bathrooms, and flooring.
A substantial price drop from $499,000 to $410,000 indicates previous market resistance, likely due to the extent of repairs needed versus the initial valuation.
This charming 1972 era 3bedroom,2bathroom home has never really been updated so there is lots of room for sweat equity'' for it's new owners. Located in the highly coveted Elk Grove Unified School District and just minutes from Cosumnes River College. The grounds feature lush landscaping with mature trees. The newer roof provides peace of mind from large unexpected expenses. Convenient to shopping, dining, parks, entertainment, public transportation, and virtually every suburban convenience. This home is a wonderful investment opportunity or place to put down roots. . . or both!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,211 | 1,406 | 30% |
| Lot Size | 6,970 | 6,534 | 59% |
| Price | $410.0K | $429.4K | 36% |
| Price per sq ft | $339 | $310 | 67% |
| Built year | 1972 | 1980 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 194 | 187 | 57% |
Mar 14, 2026
$410,000
$499,000
-18% Price Drop
Initial Listing
Oct 10, 2025
$499,000
Initial Listing
Mar 28, 2023
$400,000
Public Record