8797 Valley Oak Lane, Elk Grove, CA 95624, Elk Grove, 95624 - 3 bed, 3 bath
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8797 Valley Oak Lane
Elk Grove, CA 95624
ACTIVE
CONDITION: FAIR
3Beds
3Baths
1,834Sq Ft
4,343Lot Size
Property Price
LIST PRICE$471,900
EST. MARKET VALUE
$471,900
SUMMARY
This Unique Half-Plex presents a Strong Value Opportunity, listed at $489,900—positioned well below the $518,434 Fair Market Value by 5%. This valuation gap offers $28,534 in Instant Equity for the buyer. Featuring a Condition Rating of 4, the home offers a rare Downstairs Bedroom Suite and a private, detached-style layout. With recent updates including Fresh Paint and New Carpet, it is a move-in ready choice for Owner-Occupants or first-time buyers seeking a flexible, multi-generational living space.
Estimated Market Value
$471,900
Based on Realkey algorithm analyzing recent comparable sales in Elk Grove.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8797 Valley Oak Lane Subject | $471,900* List Price | 3 | 3 | 1,834 | $257 | - |
A 8819 Sharkey Avenue Sold | $418,000 | 2 | 2 | 1,322 | $316 | 0.9 mi |
B 8778 Cling Court Active | $399,000 List Price | 3 | 2 | 1,403 | $284 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1984, the property shows a mix of conditions: while it features 2026 updates like fresh paint, new carpet, and one renovated granite bathroom, the kitchen remains dated with original oak cabinetry, tile countertops, and fluorescent lighting. The 40+ year age and original kitchen elements require further modernization to reach a higher rating.
PROSSTRENGTHS & OPPORTUNITIES
- Multi-Generational Layout
The home features three full bedroom suites, including a rare downstairs suite, providing exceptional privacy and flexibility for guests or multi-generational living arrangements.
- Detached-Style Privacy
Despite being a half-plex, the property is designed with no shared living-area walls and is only attached at the garage, offering the quiet and feel of a detached single-family home.
- Turnkey & Financing Ready
With fresh interior paint, new carpeting, and a Section 1 pest clearance, the property is move-in ready and well-positioned for FHA, VA, and down-payment assistance loan programs.
CONSRISKS & DEFICIENCIES
- Attached Housing Classification
As a half-plex, the property may have a smaller pool of interested buyers compared to traditional detached homes, potentially impacting long-term appreciation rates.
- Market Stagnation
Having spent 49 days on the market with a recent price adjustment, the listing may face perception issues regarding its value relative to newer or fully detached inventory in the area.
About 8797 Valley Oak Lane
PRICE IMPROVEMENT! Now offered at $471,900 after a $13,000 price reduction! The sellers are relocating out of state to be closer to family and are highly motivated to work with buyers. They welcome all reasonable offers and are ready to negotiate a fair agreement. This is not your typical Elk Grove half-plex. Attached only at the garages, it lives more like a detached home and offers 3 private bedroom suites, each with its own full bathroom, including a rare downstairs suite perfect for guests or multi-generational living. Fresh interior paint and new upstairs carpet (February 2026) make it move-in ready, while the spacious primary suite features dual walk-in closets and a beautifully updated en-suite bath. Priced to reflect an opportunity for buyers to add their personal style, this home offers exceptional value and features rarely found in comparable half-plexes. Located within walking distance of Elk Grove High School and Historic Elk Grove Regional Park. A Section 1 pest clearance is included, making this home an excellent option for VA, FHA, and Down Payment Assistance buyers.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1984
- Lot Size
- 4,343 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 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 |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,834 | 2,065.354 |
| Lot Size | 4,343 | 6,415.572 |
| Price | $471.9K | $628.7K |
| Price per sq ft | $257 | $316 |
| Built year | 1984 | 2000 |
| HOA | $0 | $172 |
| Days on market | 131 | 45 |
Pricing History
Listed for Sale
Jul 27, 2026
$471,900
$484,900
-3% Price Drop
Initial Listing
Price Change
Jun 27, 2026
$484,900
$489,900
-1% Price Drop
Initial Listing
Price Change
May 1, 2026
$489,900
Initial Listing
Sold
Feb 10, 2009
$179,000
Public Record
Sold
May 4, 2006
$371,000
Public Record
Sold
Apr 10, 2001
$169,000
Public Record