
Granite Bay, CA 95746
This property presents a High-Potential Investment Opportunity with a List Price of $725,000—positioned well above the $640,010 Fair Market Value by -13%. While the price reflects a premium, the 0.40-acre lot and 10/10 rated schools (Greenhills Elementary, Willma Cavitt Junior High, and Granite Bay High) provide long-term stability. Featuring a Condition Rating of 4, the home requires cosmetic modernization to reach its full potential. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add project in a premier district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8352 W Granite Drive Subject | $725,000* List Price | 3 | 2 | 1,344 | $465 | - |
A 8730 Spooner Court Sold | $805,000 | 3 | 3 | 1,764 | $456 | 0.5 mi |
B 8420 Lakeland Drive Pending | $630,000 List Price | 3 | 2 | 1,401 | $450 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1960 and held by a single owner, the property is well-maintained but aesthetically dated. While the 'newer roof' and original hardwood floors are significant assets, the kitchen cabinetry, wallpaper, and wood paneling appear to be over 30 years old. It is move-in ready but requires comprehensive cosmetic modernization to bathrooms and the kitchen to meet contemporary standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 17568, living area = 1344.
Elementary School: Greenhills Elementary School (10/10). Middle School: Willma Cavitt Junior High School (10/10). High School: Granite Bay High School (10/10).
The property is zoned for exceptionally high-rated schools, including Granite Bay High and Willma Cavitt Junior High, both boasting perfect 10/10 ratings, which significantly bolsters long-term property value.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =17568, other record lot size in square feet = 17680.
Built in 1960 and described as having 'classic character,' the home likely requires a substantial capital investment in cosmetic updates to the kitchen and bathrooms to meet modern luxury standards.
At just 1,344 square feet, the living space is relatively small for the Granite Bay market, which may challenge buyers seeking the more spacious floor plans typical of this price point.
Welcome to a rare opportunity to own a one-owner home in the highly desirable Lakeland Park neighborhood of Granite Bay. Situated on a generous 0.40-acre lot, this charming single-story residence has been lovingly maintained by the same family since it was built and offers timeless appeal in an exceptional location. Inside, you'll find beautiful hardwood flooring throughout and a functional floor plan designed for comfortable everyday living. A newer roof provides added peace of mind, while the home's classic character offers the perfect opportunity to enjoy as-is or personalize to your own style over time. Step outside and discover a backyard filled with endless possibilities. Whether you envision creating an outdoor entertaining space, planting a garden, adding a pool, or simply enjoying the privacy and beauty of the expansive lot, this property provides the space to make your vision a reality.
No exterior & parking available.
Grades 4-6 • 2.7 mi
Grades PK-3 • 2.9 mi
Grades 7-8 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 3.6 |
| Square foot | 1,344 | 2,937.889 |
| Lot Size | 17,568 | 23,640.778 |
| Price | $725.0K | $1.24M |
| Price per sq ft | $539 | $448 |
| Built year | 1960 | 1992 |
| HOA | $0 | $210 |
| Days on market | 48 | 54 |
Jul 23, 2026
$725,000
Initial Listing