8037 N Lake Circle, Granite Bay, CA 95746, Granite Bay, 95746 - 5 bed, 3 bath
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Granite Bay, CA 95746
This Fully Remodeled Granite Bay Residence is a Prime Investment Opportunity, listed at $1,050,000—positioned well below the $1,078,316 Fair Market Value by 2%. This valuation gap provides $28,316 in Instant Equity. Boasting an Excellent Condition Rating following a comprehensive 2024 renovation, the home features a chef’s kitchen with quartz countertops, luxury vinyl flooring, and a spacious 0.40-acre lot with RV access. Located in the Lakeview Hills community near Folsom Lake and Top-Rated Schools, it offers a turnkey lifestyle. This is an ideal acquisition for Owner-Occupants or Lifestyle-Driven Buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8037 N Lake Circle Subject | $1,050,000* List Price | 5 | 3 | 2,680 | $402 | - |
A 8232 N Lake Circle N Sold | $1,207,000 | 4 | 3 | 2,478 | $487 | 0.3 mi |
B 8347 Twin Rocks Road Active | $1,050,000 List Price | 4 | 4 | 2,736 | $384 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property underwent an extensive full-scale renovation between 2023 and 2024, effectively bringing the 1964 structure to modern standards. The interior features high-quality luxury vinyl plank flooring, a completely updated chef's kitchen with premium appliances, quartz countertops, and shaker cabinetry. Major systems, including the HVAC and electrical panels, were replaced in 2024, and the home features newer dual-pane windows and updated fixtures throughout, meeting the criteria for a recently fully renovated property with no deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 17454, living area = 2680.
High School: Colfax High School (9/10).
The home features an extensive 2023-2024 remodel including a chef's kitchen with high-end appliances, quartz countertops, and updated essential systems like HVAC and electrical panels for a turnkey experience.
Despite the modern updates, the original 1964 structure may still possess some vintage design elements or footprint limitations compared to contemporary luxury builds in the Granite Bay area.
While the area is served by high-rated schools, the significant distance to some assigned secondary institutions, such as Colfax High at over 25 miles away, may be a logistical drawback for families.
Enjoy the best of Granite Bay living in this beautifully remodeled home located in the unique Lakeview Hills community near Folsom Lake. This 5-bedroom, 3 full bath home offers an oversized 2-car garage, new RV access, and a spacious .40-acre lot with shade trees and garden area. Extensively remodeled from 2023-2024, this home features Luxury vinyl plank floors throughout and a chef's kitchen with a large island, white shaker cabinets, quartz countertops, a high-end range, and a pot filler over the stove. Remote/Guest Bedroom and Bathroom downstairs. Spacious Primary bedroom with Room-size Walk in Closet. Additional features include indoor laundry, mud room, pantry, and abundant storage space. HVAC and electrical panels in 2024, newer dual pane windows, and surround sound inside and out. Enjoy a covered patio, beautiful natural light from numerous windows, and lovely backyard views. Refrigerator, washer, and dryer are included. Ideally located near the neighborhood clubhouse, lake, and play area. Residents of Lakeview Hills enjoy domestic and irrigation water included in the HOA dues and is in a Certified Fire Wise Community.
No exterior & parking available.
Grades 9-12 • 4.5 mi
Grades 9-12 • 25.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 75% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,680 | 3,164 | 31% |
| Lot Size | 17,454 | 14,806 | 54% |
| Price | $1.05M | $1.24M | 37% |
| Price per sq ft | $392 | $403 | 44% |
| Built year | 1964 | 1994 | 9% |
| HOA | $302 | $192 | 80% |
| Days on market | 13 | 194 | 1% |
Apr 9, 2026
$1,050,000
Initial Listing
Dec 15, 2022
$755,000
Public Record