
Sacramento, CA 95823
This property presents a High-Potential Investment Opportunity with a List Price of $360,000—positioned well below the $375,246 Fair Market Value by 4%. This valuation gap offers $15,246 in Instant Equity for buyers willing to execute a renovation plan. Featuring a private swimming pool and a Fair Condition Rating, the home requires cosmetic updates to reach its full potential. Located near top-rated schools like Irene B. West Elementary, this is a Buy-and-Hold Investor asset ideal for first-time buyers seeking value-add potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8568 Derlin Way Subject | $360,000* List Price | 3 | 2 | 1,133 | $331 | - |
A 8565 Sunnybrae Drive Sold | $459,000 | 3 | 2 | 1,210 | $379 | 0.2 mi |
B 5341 Crystal Hill Way Sold | $400,000 | 3 | 2 | 1,154 | $347 | 0.8 mi |
C 8409 Sunblaze Way Sold | $440,000 | 2 | 2 | 1,210 | $364 | 0.4 mi |
D 6279 Dayspring Way Sold | $360,000 | 3 | 2 | 1,329 | $271 | 0.3 mi |
E 8568 Derlin Way Pending | $360,000 List Price | 3 | 2 | 1,133 | $318 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1994 (30 years old), the property falls into the 'Fair' category as it is dated and the listing explicitly mentions the need for TLC and cosmetic updates. While the structure appears functional ('great bones'), the interior finishes and likely the original systems are at the end of their typical 30-year lifecycle and require modernization.
Priced competitively at $360,000, this property offers significant equity-building potential through cosmetic updates, making it an ideal opportunity for investors or buyers looking to customize their space.
The inclusion of a private swimming pool in the backyard is a high-value feature for the Sacramento climate, providing an immediate lifestyle upgrade for entertaining and relaxation.
The home is exceptionally well-located for families, situated just 0.27 miles from Barbara Comstock Morse Elementary and within two miles of middle and high schools with solid ratings.
The property requires 'TLC' and cosmetic updates, indicating that buyers will need to budget for immediate post-purchase renovations to bring the home to its full potential.
With only 1,133 square feet for a three-bedroom configuration, the interior layout may feel restrictive for those accustomed to more modern, spacious residential footprints.
This underpriced gem is located in a highly desirable area, offering convenience, accessibility, and strong upside potential. With just a little TLC and cosmetic updates, this property can truly shine and become a standout home or investment. Featuring a functional layout, generous living space, and great bones, it's the perfect canvas for buyers looking to add value and build equity. Step outside to a private backyard complete with a swimming poolideal for entertaining, relaxing, and enjoying warm California days. Whether you're a first-time buyer, investor, or someone looking to customize your dream home, this property checks all the boxes. The location is a major highlightclose to shopping, dining, schools, and easy commuter access. Don't miss this rare chance to secure a well-located home at a price that leaves room for improvement and profit. Endless potential awaits!
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades K-6 • 0.9 mi
Grades K-6 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,133 | 1,384 | 19% |
| Lot Size | 4,678 | 6,482 | 22% |
| Price | $360.0K | $430.0K | 13% |
| Price per sq ft | $318 | $317 | 51% |
| Built year | 1994 | 1980 | 83% |
| HOA | $0 | $0 | 50% |
| Days on market | 11 | 193 | 1% |
May 26, 2026
$360,000
Initial Listing