8744 Lodestone Circle, Elk Grove, CA 95624, Elk Grove, 95624 - 3 bed, 2 bath
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Elk Grove, CA 95624
This Single Family Residence presents a High-Potential Investment Opportunity with a List Price of $489,000—positioned above the $469,130 Fair Market Value. While the price reflects a premium, the property offers a Condition Rating of 4, providing a blank canvas for value-add renovations. Featuring a spacious 7,701 sqft lot and a newer composition roof, the home is located near Elk Grove Regional Park and top-rated schools. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers looking to build long-term equity through cosmetic modernization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8744 Lodestone Circle Subject | $489,000* List Price | 3 | 2 | 1,474 | $318 | - |
A 8913 Melodic Court Sold | $600,000 | 3 | 2 | 1,577 | $380 | 0.5 mi |
B 8704 Montiflora Court Sold | $554,800 | 4 | 2 | 1,601 | $347 | 0.3 mi |
C 9509 Sara Street Sold | $523,000 | 3 | 2 | 1,573 | $332 | 0.8 mi |
D 8833 Aquarius Avenue Sold | $600,000 | 3 | 2 | 1,841 | $326 | 0.2 mi |
E 9013 Meadowsweet Way Sold | $574,950 | 4 | 2 | 1,744 | $330 | 0.8 mi |
F 9550 Colton Avenue Sold | $453,000 | 3 | 2 | 1,440 | $315 | 0.5 mi |
G 8951 Lansdowne Court Sold | $550,000 | 4 | 3 | 1,862 | $295 | 0.6 mi |
H 8770 Superb Circle Active | $585,000 List Price | 3 | 2 | 1,640 | $357 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1975, this home is nearly 50 years old and remains in largely original condition. While the listing notes a newer roof and a well-maintained structure, the interior is significantly dated with 1970s-era kitchen cabinetry, linoleum flooring, popcorn ceilings, and worn green carpeting. It is functional and move-in ready for some, but requires comprehensive cosmetic updates to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7701, living area = 1474.
Situated in an established neighborhood near Elk Grove Regional Park with excellent proximity to Highway 99 and walking distance to middle and high schools.
The home features a newer composition roof and is described as well-maintained, reducing immediate concerns regarding major structural maintenance.
The property is marketed as having 'endless potential' to 'add your own style,' indicating that cosmetic renovations will likely be necessary for modern buyers.
With a 1975 build date, the home may require future investments in aging plumbing, electrical, or HVAC systems that have not been recently modernized.
Good homes in good neighborhoods don't come with endless potential every day. Located in an established Elk Grove neighborhood near Elk Grove Regional Park with convenient access to Highway 99, this well-maintained 3-bedroom, 2-bath home offers the kind of opportunity buyers are always hoping to find a solid home with a functional layout, a newer composition roof, and room to make it their own over time. Inside, you'll find a spacious living room, an inviting kitchen with a center island and dining area, comfortable bedrooms, and an attached 2-car garage with plenty of storage and convenience. Whether you're a first-time buyer, investor, or simply someone looking for a home with good bones in a location you'll love, this one is worth a look. With a great layout, established neighborhood setting, and the chance to add your own style, it's easy to see the value and envision what comes next. Come see the possibilities for yourself and imagine the future this home can hold. Schedule your private tour today!
No exterior & parking available.
Grades K-6 • 0.5 mi
Grades K-6 • 4.1 mi
Grades 7-8 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,474 | - |
| Lot Size | 7,701 | - |
| Price | $489.0K | $632.1K |
| Price per sq ft | $332 | $316 |
| Built year | 1975 | 0 |
| HOA | $0 | $0 |
| Days on market | 13 | 42 |
Jul 10, 2026
$489,000
Initial Listing