
Granite Bay, CA 95746
This Value-Add Residential Asset is listed at $1,270,000, situated in the prestigious Hidden Valley Estates enclave of Granite Bay. With a Fair Market Value of $1,148,598, the property represents a strategic opportunity to capture equity through a comprehensive modernization of its Condition Rating of 5 interior. The expansive one-acre lot provides access to 180 acres of private community lakes and trails, while the location is served by elite 10/10 Rated Schools including Granite Bay High. This is a high-upside acquisition perfectly suited for Luxury Renovators or Visionary Owner-Occupants looking to build a custom dream estate.
Property is extensive renovation needed.
Built in 1964 and described as a 'time capsule,' the home retains most of its original 60-year-old features, including tile countertops, wallpaper, and wood paneling. While the listing notes it has been 'lovingly maintained,' the age of the kitchen, baths, and likely the original systems exceeds the 30-50 year threshold for a full rehab/modernization.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 39531, living area = 3109.
Elementary School: Greenhills Elementary School (10/10). Middle School: Willma Cavitt Junior High School (10/10). High School: Granite Bay High School (10/10).
Located in the prestigious Hidden Valley Estates, the property offers access to 180 acres of private lakes, equestrian facilities, and extensive trails, providing a unique lifestyle rarely found in the region.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =39531, other record lot size in square feet = 39219. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
The home retains its original 1964 character, including vintage wallpaper and period fixtures, requiring a comprehensive interior renovation to meet modern luxury standards.
Given the large 3,109 square foot footprint and the 'as-is' vintage state, buyers should budget for substantial capital investment to update the infrastructure and finishes.
Immerse yourself in this rare Hidden Valley Estates treasure on Morningside Drive in Granite Bay, arguably one of the most special neighborhoods in the area. Opportunities to purchase in this beloved community are few and far between. Discover a place where history, nature, and a true sense of community come together in perfect harmony. Lovingly maintained through the years, this charming home sits on just under one acre and offers a warm and inviting atmosphere that feels like stepping back into 1964. Original character and vintage details remain throughout, including classic wallpaper, period fixtures, tile countertops, and much of the home's original decor, all reflecting the pride of ownership and care the property has received over the decades. Cozy gathering spaces, a welcoming fireplace, large picture windows, and peaceful views of the surrounding natural beauty create a setting filled with warmth and nostalgia. While the home is ready for updating and modernization, it provides an exceptional opportunity to restore, reimagine, and create your dream home within one of Granite Bay's most treasured communities. Private, peaceful, and surrounded by mature trees, residents enjoy access to the extraordinary Hidden Valley Community encompassing approximately 180 acres, including private lakes stocked with trophy bass, miles of walking and riding trails, riding arenas, round pen and pastures, horseshoe pits, basketball and baseball facilities, swimming areas, and a community recreation facility. Ideally located near top-rated schools including Del Oro High School, along with shopping, dining, entertainment, and hospitals, Hidden Valley harkens back to simpler times where neighbors wave as you pass and community gatherings throughout the year create lasting friendships and cherished memories. This is more than just a home, it is a chance to become part of a truly special lifestyle and carry forward the love and memories that have filled this home for generations.
No exterior & parking available.
Grades 4-6 • 2.9 mi
Grades PK-3 • 2.9 mi
Grades 7-8 • 1.0 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 | 51% |
| Square foot | 3,109 | 3,109 | 50% |
| Lot Size | 39,531 | 14,806 | 83% |
| Price | $1.27M | $1.27M | 50% |
| Price per sq ft | $408 | $406 | 52% |
| Built year | 1964 | 1994 | 8% |
| HOA | $262 | $200 | 67% |
| Days on market | 31 | 197 | 2% |
May 6, 2026
$1,270,000
Initial Listing