8260 E Granite Drive, Granite Bay, CA 95746, Granite Bay, 95746 - 3 bed, 2 bath
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Granite Bay, CA 95746
This single-story ranch is a High-Potential Investment Opportunity with a List Price of $685,000—positioned well below the $719,718 Fair Market Value by 4%. This valuation gap offers $34,718 in Instant Equity for buyers ready to modernize the Fair Condition Rating interior. Located in the prestigious Lakeland Park area, the property features a built-in pool, RV parking, and access to 10/10 rated schools including Granite Bay High. It is an ideal acquisition for Fix-and-Flip Investors or Owner-Occupants seeking to build value in a prime location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8260 E Granite Drive Subject | $679,900* List Price | 3 | 2 | 1,984 | $357 | - |
A 7537 Dove Court Sold | $805,000 | 4 | 3 | 2,077 | $388 | 0.2 mi |
B 6872 Brandy Circle Sold | $715,000 | 3 | 2 | 1,731 | $413 | 0.9 mi |
C 8670 Lake Front Drive Sold | $700,000 | 3 | 2 | 1,635 | $428 | 0.7 mi |
D 6895 Park Place Pending | $860,000 List Price | 4 | 3 | 2,509 | $343 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1976, this property is in mostly original condition and shows significant stylistic dating. The kitchen features older wood cabinetry, tile countertops with wide grout lines, and a dated fluorescent light box. Bathrooms retain older vanities and tile surrounds consistent with the era of construction. While the home appears functional and was maintained as a rental, the presence of popcorn ceilings, older carpeting, and weathered exterior decking aligns with the 'fair' criteria, requiring cosmetic modernization and minor repairs to meet current market standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10424, living area = 1984.
Elementary School: Greenhills Elementary School (10/10). Middle School: Willma Cavitt Junior High School (10/10). High School: Granite Bay High School (10/10).
Situated in the prestigious Lakeland Park area, the property is zoned for 10/10 rated schools and offers close proximity to Folsom Lake, shopping, and dining.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =10424, other record lot size in square feet = 10109.
The home requires updates to modernize its 1970s aesthetic, which will necessitate an immediate additional budget for flooring, paint, and fixtures.
Having been previously utilized as a rental property, the home may exhibit more significant wear and tear than an owner-occupied residence, potentially requiring more than just surface-level repairs.
Fixer in Granite Bay, 1/2 mile from Folsom Lake entrance. Single-story, ranch-style home in the desirable Lakeland Park area of Granite Bay! Offering approximately 1,984 sq ft with 3 bedrooms and 2 bathrooms, this home features an open floorplan with spacious living areas and generously sized rooms. Ideally located near Folsom Lake, shopping, top-rated Granite Bay schools, and local restaurants. The property includes a built-in pool, multiple rear yard decks perfect for entertaining, an RV parking pad, and ample off-street parking. Previously used as a rental, this home presents a fantastic opportunity for buyers to add their personal touch with cosmetic updates and create instant equity. Great potential in a prime location. Don't miss this opportunity!
No exterior & parking available.
Grades 4-6 • 2.9 mi
Grades PK-3 • 3.1 mi
Grades 7-8 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 19% |
| Baths | 2.0 | 3.0 | 14% |
| Square foot | 1,984 | 3,169 | 10% |
| Lot Size | 10,424 | 14,743 | 30% |
| Price | $679.9K | $1.24M | 9% |
| Price per sq ft | $343 | $402 | 24% |
| Built year | 1976 | 1994 | 18% |
| HOA | $0 | $182 | 20% |
| Days on market | 33 | 194 | 1% |
Apr 16, 2026
$679,900
$685,000
-1% Price Drop
Initial Listing
Mar 20, 2026
$685,000
Initial Listing
Jun 29, 2021
$642,500
Public Record
May 29, 1996
$179,000
Public Record