8833 Stratham Way, Elk Grove, CA 95758, Elk Grove, 95758 - 5 bed, 3 bath
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8833 Stratham Way
Elk Grove, CA 95758
ACTIVE
CONDITION: EXCELLENT
5Beds
3Baths
2,529Sq Ft
5,100Lot Size
Property Price
LIST PRICE$675,000
EST. MARKET VALUE
$683,472
SUMMARY
This Modern Move-In Ready Home is a Strong Value Opportunity, listed at $675,000—positioned well below the $683,473 Fair Market Value by 1%. This valuation gap offers $8,473 in Instant Equity for the buyer. Featuring a 5-bedroom, 3-bath layout with a downstairs bedroom and full bath, the property maintains an Excellent Condition Rating (2023 build). Its strategic location near Highway 99 and Cosumnes River College ensures long-term demand, making it an ideal acquisition for Owner-Occupants or first-time buyers seeking a turnkey, low-maintenance lifestyle.
Estimated Market Value
$683,472
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 |
|---|---|---|---|---|---|---|
★ 8833 Stratham Way Subject | $675,000* List Price | 5 | 3 | 2,529 | $270 | - |
A 8883 Sebago Way Sold | $635,000 | 5 | 3 | 2,529 | $251 | 0.1 mi |
B 6616 Eskridge Way Sold | $660,800 | 5 | 2 | 1,930 | $342 | 0.8 mi |
C 8900 Sheldon Terrace Lane Sold | $516,000 | 3 | 3 | 1,787 | $289 | 0.4 mi |
D 8506 Tambor Way Sold | $535,000 | 4 | 2 | 1,659 | $322 | 0.8 mi |
E 7920 Calzada Ct Sold | $550,000 | 4 | 2 | 1,777 | $310 | 0.8 mi |
F 8883 Sebago way Active | $639,000 List Price | 5 | 3 | 2,529 | $253 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Built in 2023, this property is in mint condition with modern kitchen finishes, stainless steel appliances, and updated flooring. As a new construction home, all systems (HVAC/Electric) are current and require no maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Multi-Generational Layout
Built in 2023, this 'better than new' home features a desirable 5-bedroom configuration, including a full bedroom and bathroom on the ground floor, perfect for guests or multi-generational living.
- Exceptional Value & No HOA
Competitively priced below recent neighborhood comparables and featuring no monthly HOA fees, this property offers significant long-term savings and immediate equity potential for a nearly new construction.
- Strategic Location
Situated near major retail hubs like WinCo and Cosumnes River College, the home offers excellent commuter access with Highway 99 and I-5 just minutes away.
CONSRISKS & DEFICIENCIES
- Limited Outdoor Space
With a lot size of 5,100 square feet for a large 2,529 square foot residence, the backyard space is relatively compact, which may limit options for extensive landscaping or outdoor recreation.
- Market Stagnation
The property has been on the market for 43 days and has already undergone a price reduction, which may indicate a cooling of initial buyer interest or a need for further price alignment.
About 8833 Stratham Way
Better than new. Where do you find a 5 bed 3 full bath at this price in Elk Grove now? This still-new construction home features no HOA, and $15,000 worth of upgrades. Fresh interior paint, new wood stair railings, and stylish tile flooring downstairs. A full bedroom and bath located downstairs with 4 spacious bedrooms upstairs and high-quality interior finishes set this home apart from many other new construction properties. Conveniently located near WinCo, shopping, dining, and everyday necessities. Highway 99 is only a few lights away with I-5 within a 8 mile radius. Located only 3.5 miles away is Cosumnes River City College where education and travel distance is convenient. Competitively priced with a comparable home across the street recently selling for $700,000. Don't miss this exceptional opportunity to own a move-in-ready home that offers outstanding value and quality. Seller is willing to consider concessions.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2023
- Lot Size
- 5,100 Sq. Ft.
Interior
- Total Bedrooms
- 5
- 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 | 5.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,529 | 2,065.354 |
| Lot Size | 5,100 | 6,415.572 |
| Price | $675.0K | $628.7K |
| Price per sq ft | $267 | $316 |
| Built year | 2023 | 2000 |
| HOA | $0 | $172 |
| Days on market | 69 | 45 |
Pricing History
Listed for Sale
Jul 17, 2026
$675,000
$699,999
-4% Price Drop
Initial Listing
Price Change
Jul 2, 2026
$699,999
Initial Listing
Sold
Jan 4, 2024
$655,000
Public Record