8187 N Lake Circle, Granite Bay, CA 95746, Granite Bay, 95746 - 4 bed, 4 bath
8187 N Lake Circle
Granite Bay, CA 95746
Property Price
SUMMARY
Analysis of 8187 N Lake Circle, Granite Bay, CA 95746 reveals a Prime Investment Opportunity with a current list price of $1,349,000—significantly undercutting the $1,395,922 Fair Market Value by 3%. This valuation gap indicates a +$46,922 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Granite Bay Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8187 N Lake Circle Subject | $1,349,000* List Price | 4 | 4 | 2,579 | $541 | - |
A 8167 N Lake Circle Sold | $1,250,000 | 2 | 4 | 1,985 | $630 | 0.0 mi |
B 8232 N Lake Circle N Sold | $1,207,000 | 4 | 3 | 2,478 | $487 | 0.1 mi |
C 7125 Morningside Drive Sold | $1,250,000 | 4 | 3 | 3,276 | $382 | 0.4 mi |
D 8177 N Lake Circle Active | $1,185,000 List Price | 4 | 3 | 2,510 | $472 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although originally built in 1964, the property has undergone an extensive, high-end renovation within the last 5 years, making it a turnkey residence. The home features a chef's kitchen with marble countertops, shaker cabinetry, and a built-in refrigerator, alongside spa-inspired bathrooms with premium tile work. Major systems have been modernized, including a new HVAC system with ducting, spray foam insulation, and owned solar. The interior is finished with vaulted beamed ceilings and high-quality flooring, while the exterior boasts a newer pool, spa, and custom outdoor bar.
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 = 30980, living area = 2579.
- Great Schools
High School: Colfax High School (9/10).
- Modern Infrastructure & Efficiency
The property features significant high-value upgrades including owned solar, a brand-new HVAC system with ducting, and spray foam insulation, ensuring exceptional energy efficiency and long-term cost savings.
CONSRISKS & DEFICIENCIES
- Original Build Vintage
While meticulously renovated, the home was originally constructed in 1964, which may result in some legacy architectural constraints or smaller secondary room dimensions compared to modern builds.
- Recurring Association Costs
The property is subject to a $281 association fee, which adds a mandatory monthly carrying cost that buyers must factor into their overall budget.
About 8187 N Lake Circle
AMAZING HOME!! Stunning turnkey residence presents a rare opportunity to own a home that seamlessly blends elevated design, modern comfort & exceptional upgrades like owned solar, new HVAC w/ ducting, insulation and spray foam. Meticulously maintained & thoughtfully enhanced, the property stands out as a unique offering in one of Granite Bay's most desirable communities. The living room sets an elegant tone w/ its soaring vaulted & beamed ceilings, refined built-in cabinetry, stunning flooring & a striking fireplace that creates a warm yet sophisticated focal point. The chef's kitchen continues the luxury experience, w/ an exquisite backsplash, expansive island, inviting kitchen bar & custom hood paired w/ a high-end range. Marble countertops, a built-in refrigerator & shaker cabinetry complete this impeccably curated space. Spa-inspired bathroom offers a serene escape w/ a double vanity & beautifully tiled walk-in shower, while the bedroom's wood accent wall adds rich character & sense of bespoke craftsmanship. Designed for exceptional outdoor living, the backyard serves as an entertainer's haven. A spacious porch & patio flow effortlessly to the newer pool & spa with new outdoor bar, creating a resort-style environment ideal for hosting or unwinding. RV parking w/ electrical & SO MUCH MORE!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1964
- Lot Size
- 30,980 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $281 / Month
Neighborhood Insights
Granite Bay Unified Schools
Del Oro High School
Grades 9-12 • 4.7 mi
Colfax High School
Grades 9-12 • 25.5 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 4.0 | 3.0 | 62% |
| Square foot | 2,579 | 3,072 | 30% |
| Lot Size | 30,980 | 14,804 | 73% |
| Price | $1.35M | $1.20M | 66% |
| Price per sq ft | $523 | $402 | 88% |
| Built year | 1964 | 1994 | 10% |
| HOA | $281 | $175 | 76% |
| Days on market | 8 | 183 | 1% |
Pricing History
Listed for Sale
Feb 27, 2026
$1,349,000
Initial Listing
Sold
Mar 31, 2020
$860,000
Public Record
Sold
Nov 15, 2019
$860,000
Public Record
Sold
Nov 30, 2015
$495,000
Public Record