8368 Mcgray Way, Elk Grove, CA 95624, Elk Grove, 95624 - 4 bed, 3 bath
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Elk Grove, CA 95624
This property presents a Strong Value Opportunity with a List Price of $669,000—positioned well below the $633,205 Fair Market Value by -5%. While the home requires cosmetic updates, its Fair Condition Rating and 2,483 sqft layout provide a solid foundation for value-add improvements. Featuring a 3-car garage, potential RV access, and proximity to top-rated schools like Roy Herburger Elementary, this asset balances utility with long-term growth. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build equity through strategic renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8368 Mcgray Way Subject | $669,000* List Price | 4 | 3 | 2,483 | $255 | - |
A 8559 Zinnia Way Active | $559,990 List Price | 4 | 3 | 2,117 | $265 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1999 (27 years old), the home is in mostly original condition with dated oak cabinetry and fixtures in the bathrooms. While the flooring in some areas appears updated, the listing explicitly mentions the need for 'TLC,' and the age of the primary systems and wet areas suggests a need for minor repairs and modernization.
The property features a desirable 3-car garage and potential RV access on a corner lot, providing significant utility for multi-vehicle households or recreational storage.
Ideally situated near highly-rated schools like Roy Herburger Elementary, major shopping centers, and convenient freeway access, ensuring strong lifestyle appeal and long-term value.
The absence of an association fee reduces monthly carrying costs and offers homeowners greater freedom from restrictive community rules and additional overhead.
The listing indicates the home needs 'TLC,' implying that buyers will need to budget for immediate capital investment in repairs or cosmetic updates to modernize the space.
With a substantial 2,483 sqft home footprint on a 6,116 sqft corner lot, the remaining private backyard area may be constrained compared to other suburban properties.
Corner lot with 4 bedrooms and 3 bathrooms. Home has 3 car garages and possibly RV access. Ideally located close to shopping centers, schools, and minutes away from freeway access. Home just needs some TLC to make it shine.
No exterior & parking available.
Grades K-6 • 0.9 mi
Grades K-6 • 2.9 mi
Grades 7-8 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 2,483 | - |
| Lot Size | 6,116 | - |
| Price | $669.0K | $632.1K |
| Price per sq ft | $269 | $316 |
| Built year | 1999 | 0 |
| HOA | $0 | $0 |
| Days on market | 23 | 42 |
Jun 30, 2026
$669,000
Initial Listing
Apr 28, 2014
$336,000
Public Record