
Granite Bay, CA 95746
This Renovated Granite Bay Estate is a Strong Value Opportunity, listed at $1,050,000—positioned well below the $1,134,969 Fair Market Value by 7%. This valuation gap provides $84,969 in Instant Equity. Boasting an Excellent Condition Rating after a top-to-bottom remodel, the home features bamboo flooring, a modernized kitchen, and a forested greenbelt view. With access to 9/10 rated schools and Folsom Lake trails, it perfectly balances luxury with financial upside. This is an ideal acquisition for Owner-Occupants or Lifestyle-Driven Buyers seeking a turnkey sanctuary with built-in value.
Property is new construction or fully renovated.
Although originally built in 1962, the property has undergone a comprehensive top-to-bottom renovation within the last 5 years. The interior features high-end bamboo flooring, brand-new carpeting, and fresh paint. The kitchen is fully modernized with white shaker cabinetry, quartz countertops, a mosaic tile backsplash, and stainless steel appliances. Bathrooms have been updated with contemporary vanities, marble-style counters, and modern fixtures. The home also includes updated electrical features like recessed lighting and modern ceiling fans, as well as a contemporary cable-railing staircase, meeting current quality standards with no visible deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12645, living area = 2736.
High School: Colfax High School (9/10).
Situated in the desirable Lakeview Hills community, the property offers direct access to Folsom Lake State Park trails and exclusive amenities including a fishing pond, clubhouse, and neighborhood park.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Originally built in 1962, the property may have older underlying mechanical or structural systems that do not meet the efficiency standards of modern construction despite the aesthetic renovations.
The monthly association fee of $302 adds a significant fixed cost to the ownership budget, which may be a deterrent for buyers seeking a property without neighborhood oversight or mandatory dues.
Welcome to Lakeview Hills a community that feels like a step back in time, offering a peaceful lifestyle with a fishing pond, clubhouse for gatherings and BBQs, neighborhood park, and scenic walking trails leading to nearby Folsom Lake.This beautifully updated 4-bedroom plus dedicated office, 3.5-bathroom home has been thoughtfully remodeled from top to botton. Enjoy brand-new carpet, fresh interior paint, and stunning white cabinetry throughout. The main level features bamboo wood flooring and an abundance of windows that bring in natural light and showcase tranquil views. Downstairs is designed for comfort and versatility, including a dedicated office, bedroom, full bathroom, and great room with fireplace perfect for game night or multi-generational living. Step outside to a sports court and beautifully manicured lawn. Walk or bike down the street and jump on trails that lead into Folsom Lake State Park. A unique detached structure offers endless possibilities think wood shop, music room, wine cellar, extra storage, or your own speakeasy vibe. HOA dues include domestic and irrigation water, and Lakeview Hills is a Certified Firewise Community.
No exterior & parking available.
Grades 9-12 • 4.9 mi
Grades 9-12 • 25.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 4.0 | 3.0 | 57% |
| Square foot | 2,736 | 3,169 | 33% |
| Lot Size | 12,645 | 14,743 | 42% |
| Price | $1.05M | $1.24M | 36% |
| Price per sq ft | $384 | $402 | 38% |
| Built year | 1962 | 1994 | 8% |
| HOA | $302 | $187 | 80% |
| Days on market | 27 | 194 | 1% |
Mar 26, 2026
$1,050,000
Initial Listing
Mar 18, 2009
$420,000
Public Record
Apr 12, 2006
$640,000
Public Record
Nov 4, 1998
$35,000
Public Record