8486 Gurmit Court, Elk Grove, CA 95624, Elk Grove, 95624 - 5 bed, 4 bath
8486 Gurmit Court
Elk Grove, CA 95624
Property Price
SUMMARY
Analysis of 8486 Gurmit Court, Elk Grove, CA 95624 reveals a Fairly Priced Property with a current list price of $710,000 aligned with the estimated $710,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Elk Grove Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8486 Gurmit Court Subject | $710,000* List Price | 5 | 4 | 2,779 | $255 | - |
A 8596 Blue Maiden Way Sold | $660,000 | 5 | 3 | 2,674 | $247 | 0.9 mi |
B 8690 Heritage Hill Dr Sold | $625,000 | 4 | 3 | 2,450 | $255 | 0.3 mi |
C 8727 Summer Sun Way Sold | $640,000 | 4 | 3 | 2,583 | $248 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
The property was built in 2024, making it brand new. It features modern design and upgraded finishes throughout, including a contemporary kitchen with new Samsung stainless steel appliances, white shaker cabinets, granite countertops, and a subway tile backsplash. Bathrooms are equally modern with new vanities, fixtures, and tile. All components are new, meeting current quality standards with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- New Construction & Modern Design
Built in 2024, this home offers contemporary design, energy efficiency, and minimal immediate maintenance, providing a move-in ready experience.
- Exceptional Value Proposition
Currently listed at $710,000, which is notably lower than a previous sale of $757,000 in May 2024, presenting a significant and competitive opportunity for buyers.
- Spacious & Feature-Rich Interior
Boasts an 'unmatched floor plan' with 5 bedrooms, 4 bathrooms, 2779 sqft, 9ft ceilings on both floors, and upgraded finishes including Samsung appliances, designer paint, and stain-grade cabinetry.
CONSRISKS & DEFICIENCIES
- Modest Lot Size
The 4447 sqft lot is relatively standard for new construction but may be considered modest for a 5-bedroom home, potentially limiting extensive outdoor living space or future expansion.
- Recent Price Adjustments
The property has seen a recent price reduction from $725,000 to $710,000, and is listed below a previous sale price, which, while beneficial for buyers, could indicate initial overpricing or a need to attract buyers quickly.
- Limited Outdoor Space Details
The description focuses heavily on interior features and location, with no specific mention of developed outdoor living areas or landscaping, which might be a consideration for buyers prioritizing exterior amenities.
About 8486 Gurmit Court
PRICE TO SELL! YEAR BUILT 2024!Enjoy this UNMATCHED floor plan, featuring 5 bedrooms with 3.5 bathrooms. Welcome to your new home in vibrant Elk Grove! NO HOA and extremely low mello roos, Heartstone by Crowne Communities instantly delivers more value from the start. Not to mention the 9ft ceilings on the bottom and top floors that add to the grandeur of it all! Prime location with superior building standards. Within walking distance to shopping, dining and exercising! Situated in the Award Winning Elk Grove School District. Upgraded interior finishes such as designer paint, stain-grade cabinetry, Samsung Appliances, wifi-enabled thermostats, Moen fixtures, and attractive glass-paneled garage doors to enhance your new home! Don't Miss Out!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2024
- Lot Size
- 4,447 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 85% |
| Baths | 4.0 | 3.0 | 94% |
| Square foot | 2,779 | 2,002 | 83% |
| Lot Size | 4,447 | 6,673 | 7% |
| Price | $710.0K | $625.0K | 71% |
| Price per sq ft | $255 | $314 | 16% |
| Built year | 2024 | 1997 | 92% |
| HOA | $0 | $0 | 50% |
| Days on market | 124 | 168 | 26% |
Pricing History
Listed for Sale
Jan 6, 2026
$710,000
$725,000
-2% Price Drop
Initial Listing
Price Change
Nov 3, 2025
$725,000
Initial Listing
Sold
May 31, 2024
$757,000
Public Record
Sold
Nov 6, 2023
$640,000
Public Record