8723 Phoenix Avenue, Fair Oaks, CA 95628, Fair Oaks, 95628 - 1 bed, 2 bath
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Fair Oaks, CA 95628
Analysis of 8723 Phoenix Avenue, Fair Oaks, CA 95628 is currently available with a list price of $699,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Fair Oaks 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.
Property is move-in ready.
While originally built in 1967, the property has undergone extensive high-quality renovations likely within the last 10-15 years. The interior features updated wide-plank hardwood floors, a custom kitchen with a large center island, and a luxurious primary bathroom with travertine-style tile and a jetted tub. The systems appear well-maintained, and the home is in move-in ready condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 28750, living area = 995.
The property sits on approximately .60 acres and includes a separate .23-acre parcel, offering rare privacy and significant potential for expansion, an ADU, or future development.
A sophisticated covered deck with a double-sided gas fireplace, built-in BBQ, and outdoor sink creates a seamless extension of the great room, ideal for high-end entertaining.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =28750, other record lot size in square feet = 16154. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 1, other record bedroom count = 2.
With only one official bedroom, the property may struggle to appeal to traditional families or buyers requiring dedicated guest rooms or multiple home offices.
At a list price of $699,000 for 995 square feet, the property carries a high price-per-foot premium that may be challenging for some appraisals despite the land value.
First time ever on the market, this one-of-a-kind family home offers a rare blend of country charm, quality craftsmanship, and indoor-outdoor living on approximately .60 acres, including a separate .23-acre parcel. While officially a one-bedroom home, the spacious floor plan lives much larger, featuring wide plank hardwood floors, custom kitchen cabinetry, a large center island, and an expansive great room anchored by a stunning double-sided gas fireplace. The fireplace opens to a beautifully covered deck that serves as an extension of the living space and includes a built-in barbecue, sink, counter space, and plenty of room for entertaining. The generous primary suite features a built-in entertainment center, large walk-in closet, and luxurious bath with a walk-in shower and jetted tub. Additional highlights include a charming country front porch, 3/4 inch plumbing irrigation lines, and countless custom touches throughout. A truly special property that has been lovingly maintained by the same family and is now available for the very first time.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 995 | - |
| Lot Size | 28,750 | - |
| Price | $699.0K | $698.7K |
| Price per sq ft | $703 | $341 |
| Built year | 1967 | 0 |
| HOA | $0 | $0 |
| Days on market | 40 | 36 |
Jun 12, 2026
$699,000
Initial Listing