
Fair Oaks, CA 95628
This Rare Riverside Estate is a Prime Investment Opportunity, listed at $2,225,000—positioned well below the $2,330,433 Fair Market Value by 4%. This valuation gap offers $105,433 in Instant Equity. Maintaining a Condition Rating of 3, the property features Viking stainless appliances, granite countertops, and an expansive deck with panoramic American River views. Located in the walkable Old Fair Oaks Village, this sanctuary balances luxury with a storied community charm. It is an exceptional find for Owner-Occupants or Legacy Property Seekers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8218 Finisterre Court Subject | $2,225,000* List Price | 4 | 4 | 3,199 | $728 | - |
A 8218 Finisterre Court Active | $2,499,000 List Price | 4 | 4 | 3,199 | $781 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This 1990-built estate is in move-in ready condition and has been meticulously maintained. While the cabinetry reflects a more traditional style, the kitchen has been updated with high-end Viking stainless steel appliances and granite countertops. The property features quality tile flooring, modern recessed lighting, and significant exterior upgrades including a contemporary cable-rail system on the expansive deck. It shows minimal wear and tear, bridging the gap between its original construction and modern luxury standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 17415, living area = 3199.
Positioned directly above the American River, the estate offers rare, expansive water views and a serene natural backdrop that significantly enhances its luxury appeal and market value.
Located in the heart of Old Fair Oaks Village, the property provides a unique walkable lifestyle near boutique shops and dining, offering a charm similar to high-end coastal enclaves.
Given the 1990 construction and 34-year ownership, the interior finishes may require significant updates to meet the expectations of modern luxury buyers.
The listing price reflects its unique location and views, which may be perceived as high for a home of this vintage compared to newer or fully renovated alternatives in the region.
Set above the gentle curve of the American River, this extraordinary Fair Oaks estate offers a rare perspective, one where expansive water views, mature trees, and open sky create a perpetual backdrop of quiet beauty. Mornings begin with soft light reflecting across the river, while evenings invite unforgettable sunsets best enjoyed from your own private retreat. This unique property is positioned in one of the region's most treasured enclaves of Old Fair Oaks Village, which has a similar feel to Carmel by the Sea and La Jolla. The property delivers a sense of seclusion without isolation. Just minutes away, Old Fair Oaks Village brings a warm, storied charm with its beloved coffee spots, locally owned restaurants, boutique shopping, and vibrant community gatherings. It is the kind of place where weekends unfold naturally with brunch on the patio, a leisurely stroll through the village, and an easy return home to the calm of riverside living. Homes of this caliber rarely become available in Fair Oaks. This home has not been on the market for 34 years. The combination of sweeping river views, timeless setting, and proximity to a walkable village lifestyle creates a living experience that feels both elevated and grounded. For those who value privacy yet appreciate connection, this is more than a residence; it is a sanctuary designed for the next chapter of life. Private showings are now available.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 53% |
| Baths | 4.0 | 2.0 | 89% |
| Square foot | 3,199 | 1,934 | 91% |
| Lot Size | 17,415 | 10,724.5 | 83% |
| Price | $2.23M | $650.0K | 99% |
| Price per sq ft | $696 | $337 | 99% |
| Built year | 1990 | 1971 | 85% |
| HOA | $0 | $0 | 50% |
| Days on market | 27 | 181 | 1% |
Mar 26, 2026
$2,225,000
Initial Listing