8568 Derlin Way, Sacramento, CA 95823, Sacramento, 95823 - 3 bed, 2 bath
Loading property details...
Sacramento, CA 95823
This Value-Add Residential Asset presents a Strong Value Opportunity with a List Price of $360,000—positioned well below the $380,485 Fair Market Value by 5%. This valuation gap provides $20,485 in Instant Equity for buyers ready to address the Condition Rating of 4 through cosmetic updates. Featuring a Private Swimming Pool and functional layout, the property is located just 0.27 miles from Barbara Comstock Morse Elementary. This is a strategic acquisition for Buy-and-Hold Investors or first-time buyers looking to build equity in a high-demand Sacramento neighborhood.
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 | $336 | - |
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 6429 Sunnyfield Way Sold | $375,000 | 3 | 2 | 1,210 | $310 | 0.1 mi |
D 8401 Sunblaze Way Sold | $415,000 | 3 | 2 | 1,210 | $343 | 0.3 mi |
E 8409 Sunblaze Way Sold | $440,000 | 2 | 2 | 1,210 | $364 | 0.4 mi |
F 8504 Sunnybrea Dr Active | $450,000 List Price | 3 | 2 | 1,230 | $366 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1994, the property is approximately 30 years old and retains many original features, including oak cabinetry and brass-finished bathroom fixtures. While the kitchen has received some updates like stainless steel appliances and stone countertops, the home requires cosmetic 'TLC' as stated in the listing. A significant immediate maintenance issue is the swimming pool, which appears green and poorly maintained in the photos.
The property features a private backyard swimming pool, a premium amenity for the Sacramento climate that enhances both lifestyle appeal and outdoor entertainment value.
Priced competitively as an 'underpriced gem,' this home offers significant upside potential for buyers or investors looking to build equity through cosmetic updates and TLC.
The location provides superb convenience with close proximity to shopping, dining, and schools, including an elementary school located just 0.27 miles away.
The property is noted to need cosmetic updates and TLC, implying immediate additional capital expenditure is required after purchase to bring it to its full potential.
At 1,133 square feet for a three-bedroom residence, the interior layout may feel small or restrictive for families requiring more generous living areas.
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 | 1,406 | 19% |
| Lot Size | 4,678 | 6,482 | 21% |
| Price | $360.0K | $429.4K | 16% |
| Price per sq ft | $318 | $310 | 54% |
| Built year | 1994 | 1980 | 84% |
| HOA | $0 | $0 | 50% |
| Days on market | 34 | 183 | 1% |
Mar 19, 2026
$360,000
Initial Listing