
Elk Grove, CA 95624
This Single Family Residence presents a Prime Investment Opportunity with a List Price of $547,000—positioned well below the $561,596 Fair Market Value by 2%. This valuation gap offers $14,596 in Instant Equity. Featuring a Condition Rating of 3, the home includes a Granite Kitchen and Laminate Flooring, while offering room for cosmetic updates. Located near Top-Rated Schools and major medical centers, this property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8805 Kelsey Dr Subject 3 bd · 0 ba · 1,743 sqft · $322 | $547,000* List Price | 3 | 0 | 1,743 | $322 | - |
A 8756 Contemporary Court Sold 3 bd · 2 ba · 2,205 sqft · $317 · 0.1 mi | $700,000 | 3 | 2 | 2,205 | $317 | 0.1 mi |
B 9349 Colliston Drive Sold 3 bd · 2 ba · 1,639 sqft · $336 · 0.9 mi | $550,000 | 3 | 2 | 1,639 | $336 | 0.9 mi |
C 9528 Sara Street Sold 4 bd · 2 ba · 1,803 sqft · $313 · 0.4 mi | $565,000 | 4 | 2 | 1,803 | $313 | 0.4 mi |
D 8541 Diamond Oak Way Sold 3 bd · 2 ba · 1,599 sqft · $375 · 0.6 mi | $600,000 | 3 | 2 | 1,599 | $375 | 0.6 mi |
E 9236 Whittemore Drive Sold 3 bd · 2 ba · 1,683 sqft · $348 · 1.0 mi | $585,000 | 3 | 2 | 1,683 | $348 | 1.0 mi |
F 9001 Virginia Fife Way Sold 3 bd · 2 ba · 1,866 sqft · $321 · 0.7 mi | $599,000 | 3 | 2 | 1,866 | $321 | 0.7 mi |
G 9466 Ranch Park Way Sold 2 bd · 2 ba · 1,351 sqft · $340 · 0.2 mi | $460,000 | 2 | 2 | 1,351 | $340 | 0.2 mi |
H 8845 Kelsey Drive Sold 4 bd · 3 ba · 1,823 sqft · $337 · 0.1 mi | $614,000 | 4 | 3 | 1,823 | $337 | 0.1 mi |
I 8813 Williamson Drive Pending 3 bd · 2 ba · 1,665 sqft · $342 · 0.2 mi | $569,000 List Price | 3 | 2 | 1,665 | $342 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1987, this property is well-maintained and move-in ready, fitting the 5-15 year renovation window. The kitchen has been updated with granite countertops and stainless steel appliances, and the living areas feature newer laminate/hardwood flooring and plantation shutters. While the kitchen cabinetry and fluorescent lighting are dated, the systems (HVAC) appear functional and the home lacks the structural or safety defects associated with lower ratings.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7841, living area = 1743.
The property is ideally situated within walking distance to multiple schools and minutes from major medical centers and premium shopping like Whole Foods and Costco.
The seller's willingness to provide a partial credit for a mortgage rate buy-down offers a significant financial advantage for buyers looking to lower their monthly payments.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7841, other record lot size in square feet = 7739.
The property is marketed as an opportunity to 'make it your own,' suggesting that the interior may require additional investment for modern updates and repairs.
Constructed in 1987, the home may have original systems or components that are approaching the end of their functional lifespan, potentially leading to near-term maintenance costs.
Welcome to 8805 Kelsey Drive, a 3-bedroom, 2-bath home offering approximately 1,743 sq. ft. of living space, a 2-car garage, and a generous lot in a desirable, established Elk Grove neighborhood. Location is one of this home's highlights. Enjoy the convenience of nearby schools within walking distance, Sutter and Kaiser medical facilities, and easy access to Highway 99 for commuting throughout the Sacramento region. Shopping, dining, and everyday conveniences are just minutes away, including Costco, Whole Foods Market, restaurants, retail centers, and numerous major stores. Whether you're looking for an established neighborhood, convenient location, or a home with the opportunity to make it your own, 8805 Kelsey Drive is one to watch. Seller may give partial credit for rate buy down.
No exterior & parking available.
Grades K-6 • 0.2 mi
Grades K-6 • 0.6 mi
Grades K-6 • 4.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.7 |
| Baths | 0.0 | 3.0 |
| Square foot | 1,743 | 2,014.161 |
| Lot Size | 7,841 | 6,412.454 |
| Price | $547.0K | $631.5K |
| Price per sq ft | $314 | $320 |
| Built year | 1987 | 2000 |
| HOA | $0 | $164 |
| Days on market | 17 | 47 |
Oct 7, 2026
$547,000
Initial Listing
May 15, 2015
$285,000
Public Record
Apr 2, 2014
$215,000
Public Record