
Granite Bay, CA 95746
This Versatile Multigenerational Property is a High-Potential Investment Opportunity, listed at $1,100,000—positioned well below the $1,135,422 Fair Market Value by 3%. This valuation gap offers $35,422 in Instant Equity. With a Condition Rating of 4, the home features a 0.75-acre lot, pool and spa, and a flexible lower level ideal for an in-law suite. Located in a top-rated school district, this is an ideal acquisition for Owner-Occupants seeking long-term value or Multigenerational Families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8367 Midland Road Subject | $1,100,000* List Price | 5 | 3 | 2,882 | $394 | - |
A 7125 Morningside Drive Sold | $1,250,000 | 4 | 3 | 3,276 | $382 | 0.5 mi |
B 8335 Walden Woods Way Pending | $1,350,000 List Price | 4 | 3 | 2,782 | $485 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1976, the property is well-maintained with fresh paint and new appliances, but remains dated. The kitchen features older painted cabinetry and a fluorescent light box, while the bathrooms retain original-style tile counters and surrounds. Systems are a plus with owned solar, but the overall aesthetic requires modernization.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 32635, living area = 2882.
High School: Colfax High School (9/10).
The .75-acre property features a private oasis with a pool, spa, cascading waterfall, and a year-round natural stream, offering rare serenity and privacy in Granite Bay.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
Built in 1976, the home may require further modernization beyond the recent paint and appliances to align with the aesthetic expectations of contemporary luxury buyers.
The extensive landscaping, multiple water features, and large lot size necessitate significant ongoing upkeep and associated costs to preserve the property's park-like condition.
Nestled at the end of a quiet and serene street in the sought-after Granite Bay community of Lakeview Hills, this remarkable property seamlessly combines privacy, nature, and adaptable living on a generous lot of approximately .75 acres. Surrounded by lush mature trees and an enchanting park-like atmosphere, this unique retreat boasts a sparkling pool and spa. A separate and enchanting water feature near the pool exhibits a cascading waterfall over natural rock formations into a peaceful pond. A year-round natural stream flows through the front yard, creating an oasis of tranquility just moments away from everyday conveniences. Inside, the main level features stunning wood-beamed vaulted ceilings in the family room, complemented by a grand brick fireplace that infuses the space with warmth and charm. The upper floor comprises three bedrooms and two bathrooms. At the same time, the expansive lower level presents incredible versatility with a sizable living area, two additional bedrooms, one bathroom, and an extra room with a closet, perfect for a home office, gym, craft space, or guest accommodation. Wine lovers will delight in the "cool room" that can be used for wine storage. With plumbing already stubbed in, the downstairs area holds exciting potential for a future kitchenette or a multigenerational living arrangement. Additional highlights include an owned solar system, new appliances, fresh interior and exterior paint, an oversized two-car garage, plus a spacious enclosed storage area beneath the porch. HOA benefits include access to a beautiful clubhouse with a kitchen, a private lake, a park, walking trails, and nearby Folsom Lake. Situated within an excellent school district and a fire-wise community, this unique Granite Bay property offers ample space, serenity, and boundless opportunities. Properties like this are rare. Schedule your private showing today to discover the exceptional lifestyle this extraordinary home has to offer.
No exterior & parking available.
Grades 9-12 • 4.7 mi
Grades 9-12 • 25.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 75% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,882 | 3,032 | 40% |
| Lot Size | 32,635 | 14,806 | 73% |
| Price | $1.10M | $1.25M | 37% |
| Price per sq ft | $382 | $403 | 38% |
| Built year | 1976 | 1994 | 19% |
| HOA | $308 | $200 | 76% |
| Days on market | 23 | 197 | 2% |
May 14, 2026
$1,100,000
Initial Listing