8424 Milky Way, Orangevale, CA 95662, Orangevale, 95662 - 4 bed, 3 bath

8424 Milky Way, Orangevale, CA 95662 home-pic-0
ACTIVE$559,900
8424 Milky Way, Orangevale, CA 95662
4Beds
3Baths
1,919Sqft
6,534Lot
Year Built
1976
Close
-
List price
$560K
Original List price
-
Price/Sqft
$292
HOA
$0
Days on market
-
Sold On
-
MLS number
225106683
Home ConditionExcellent
Features
Good View:
Deck
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $559.9K(58th), sqft - 1919(71th), beds - 4(66th), baths - 3(74th).

Charming 4 bedroom, 2.5 bathroom updated home in desirable neighborhood of Orangevale. As you walk in, you will be greeted by the naturally light filled living room with vaulted ceiling and a cozy fireplace. Make your way to the updated kitchen featuring subway tiles, granite countertop and a formal dining area. The open family room offers a welcoming brick fireplace and sliding doors leading to the large balcony. Upstairs has 4 bedrooms, including the primary suite. In the primary suite, you will find an inviting brick fireplace and a beautifully updated bathroom. The spacious backyard overlooks serene matured trees and is the perfect place to host family and friend gatherings. This home is minutes away from shopping, schools, restaurants and parks.

Price History

Date
Event
Price
08/14/25
Price Change
$559,900
01/12/22
Sold
$500,000
06/23/21
Sold
$619,000
07/17/01
Sold
$210,000
Condition Rating
Excellent

Despite being built in 1976, this property has undergone extensive and very recent renovations, particularly in the kitchen and bathrooms, which appear virtually new. The kitchen features modern white shaker cabinets, granite countertops, subway tile backsplash, stainless steel appliances, and contemporary black fixtures. All visible bathrooms are beautifully updated with modern vanities, fixtures, and tiling. New wood-look tile flooring extends throughout the main living areas, complemented by fresh paint and modern light fixtures. The overall aesthetic is current and move-in ready, showing minimal physical depreciation in renovated areas. While the age of core systems (HVAC, plumbing, electrical) is not explicitly detailed and the lack of explicit AC mention is a minor concern for a California property, the visible components and finishes meet current quality standards, aligning with the 'extensively renovated within 5 years' criteria for an excellent rating.
Pros & Cons

Pros

Extensive Interior Updates: The home features an updated kitchen with subway tiles and granite countertops, along with a beautifully updated primary bathroom, enhancing its modern appeal and reducing immediate renovation needs for key areas.
Desirable Neighborhood & Location: Situated in a desirable Orangevale neighborhood, the property offers convenient access to shopping, schools, restaurants, and parks, appealing to families and those seeking community amenities.
Functional Layout with Character: With 4 bedrooms, 2.5 bathrooms, separate living and family rooms, a formal dining area, and multiple brick fireplaces, the home provides a spacious and inviting living environment with charming architectural details.
Enhanced Outdoor Living Spaces: A large balcony and a spacious backyard overlooking mature trees create excellent opportunities for outdoor entertaining and relaxation, adding significant lifestyle value and privacy.
Abundant Natural Light & Vaulted Ceilings: The living room boasts natural light and a vaulted ceiling, contributing to an open and airy feel that is highly sought after by homeowners.

Cons

Age of Core Systems: Built in 1976, the property's underlying infrastructure (e.g., plumbing, electrical, HVAC) may be original or older, potentially leading to higher maintenance costs or the need for future upgrades not covered by cosmetic updates.
Lack of Explicit Cooling System Mention: The property description highlights fireplaces for warmth but does not explicitly mention a central air conditioning system, which could be a significant drawback for comfort during warmer months in California.
Inconsistent Price History: The property's recent sales history shows significant price fluctuations (sold for $619k in 2021, then $500k in 2022, now listed at $559.9k), which might raise questions for potential buyers regarding its market value or previous issues.

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