8046 Grandstaff, Sacramento, CA 95823, Sacramento, 95823 - 3 bed, 2 bath
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8046 Grandstaff
Sacramento, CA 95823
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,454Sq Ft
7,405Lot Size
Property Price
LIST PRICE$399,900
EST. MARKET VALUE
$411,816
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $420,000—positioned well below the $422,326 Fair Market Value by 0.55%. This valuation gap offers $2,326 in Instant Equity for buyers. Featuring a Fair Condition Rating (4/10), the home requires cosmetic updates to modernize its 1964 infrastructure. With a 7,405 sqft lot and patio cover, the property offers significant value-add potential. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a project with long-term growth.
Estimated Market Value
$411,816
Based on Realkey algorithm analyzing recent comparable sales in Sacramento.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8046 Grandstaff Subject | $399,900* List Price | 3 | 2 | 1,454 | $283 | - |
A 9 Monaghan Circle Sold | $440,000 | 3 | 2 | 1,310 | $336 | 0.7 mi |
B 101 Aruba Circle Sold | $420,000 | 3 | 2 | 1,483 | $283 | 0.3 mi |
C 9 Graywood Court Sold | $447,000 | 3 | 2 | 1,446 | $309 | 0.4 mi |
D 5717 Seyferth Way Sold | $400,000 | 4 | 2 | 1,129 | $354 | 0.9 mi |
E 31 Aruba Circle Sold | $405,000 | 2 | 2 | 1,483 | $273 | 0.3 mi |
F 7948 Grandstaff Drive Active | $410,000 List Price | 3 | 2 | 1,211 | $339 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1964, this 60-year-old property is described as a 'light fixer.' While it features functional systems like central HVAC and has received partial cosmetic updates to the kitchen and bathrooms (likely 15-20+ years ago), it remains dated with visible wear, cracked exterior concrete, and unfinished flooring transitions that require minor repairs and modernization.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7405, living area = 1454.
- Strategic Location
The property is ideally situated near Elk Grove Unified schools, Cosumnes River College, and major freeway access, offering high convenience for families and commuters.
- Functional Living Space
Featuring an open floor plan, a spacious kitchen, and central heating and air, the home provides a comfortable and modern layout for residents.
CONSRISKS & DEFICIENCIES
- Deferred Maintenance
Identified as a 'light fixer,' the property requires immediate cosmetic or minor structural updates to maximize its value and appeal.
- Aging Infrastructure
Built in 1964, the home may have original systems or components that require inspection and potential modernization to meet current building standards.
About 8046 Grandstaff
This charming home is the perfect starter or investment opportunity, with light fixer potential for added value. Ideally located just around the corner from Elk Grove Unified schools, Cosumnes River College, hospital, freeway access and a large community park. Inside, you'll find an open floor plan with a spacious kitchen. Additional features include a formal dining area, pellet stove insert, central heating and air, and a generously sized backyard with a patio cover. Conveniently situated near shopping, dining, and more.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1964
- Lot Size
- 7,405 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,454 | 1,540.857 |
| Lot Size | 7,405 | 6,330.116 |
| Price | $399.9K | $508.1K |
| Price per sq ft | $275 | $333 |
| Built year | 1964 | 1975 |
| HOA | $0 | $128 |
| Days on market | 19 | 45 |
Pricing History
Listed for Sale
Sep 8, 2026
$399,900
$420,000
-5% Price Drop
Initial Listing
Price Change
Aug 21, 2026
$420,000
Initial Listing
Sold
Nov 18, 2016
$240,000
Public Record
Sold
Mar 2, 2015
$205,000
Public Record
Sold
Jun 27, 2011
$88,000
Public Record
Sold
Jun 13, 2003
$199,500
Public Record