8855 Kelsey Drive, Elk Grove, CA 95624, Elk Grove, 95624 - 3 bed, 2 bath
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Elk Grove, CA 95624
This property presents a High-Potential Investment Opportunity with a List Price of $485,000—positioned well above the $439,789 Fair Market Value by 10%. While the home requires modernization, its Condition Rating of 4 reflects a well-maintained, functional structure. Featuring a private pool and patio, this home offers significant lifestyle appeal near top-rated schools like James A. Mckee Elementary. This asset is ideal for Buy-and-Hold Investors seeking a value-add project or first-time buyers looking to build equity through cosmetic renovations.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8855 Kelsey Drive Subject | $470,000* List Price | 3 | 2 | 1,065 | $409 | - |
A 8743 Elk Way Sold | $401,000 | 3 | 2 | 1,104 | $363 | 0.3 mi |
B 8719 Crucero Drive Sold | $507,000 | 3 | 2 | 1,056 | $480 | 0.3 mi |
C 8631 Hummingbird Way Sold | $427,000 | 3 | 2 | 1,080 | $395 | 0.6 mi |
D 8723 Los Banos Way Sold | $460,000 | 3 | 2 | 1,080 | $426 | 0.6 mi |
E 8751 Torrey Way Active | $465,000 List Price | 3 | 2 | 1,080 | $431 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1956, this home is a well-maintained 'time capsule' that has been in the same family for decades. While functional and move-in ready, the interior is significantly dated, featuring green carpeting, original-style painted cabinetry with exposed hinges, and older finishes in the kitchen and bathrooms. The property requires cosmetic modernization and likely system updates due to its age, but it does not show the structural neglect associated with a poor rating.
The property features a private pool and expansive patio space, offering a premium outdoor amenity for summer relaxation and entertaining in the California climate.
Ideally situated within walking distance to James A. Mckee Elementary and Joseph Kerr Middle School, providing significant convenience for families.
This single-story home offers classic mid-century charm and a functional layout, presenting an excellent opportunity for value-add renovations and modernization.
With only 1,065 square feet for a 3-bedroom, 2-bathroom configuration, the interior layout may feel restrictive for buyers seeking larger rooms or open-concept living.
Built in 1956 and held by the same family for generations, the home likely requires capital investment for cosmetic and system updates to meet contemporary standards.
Owned by the same family for several generations, this charming 3-bedroom, 2-bathroom single-story home in Elk Grove offers the perfect blend of mid-century character and modern potential. Spanning 1,065 square feet, the layout is designed for easy living, featuring a cozy fireplace in the living area and an attached garage for convenience. Just minutes away from the sprawling Elk Grove Regional Park, local shopping, and dining, with easy access to major commute routes. Enjoy the pool this summer with plenty of patio space for lounge chairs, outdoor dining, and umbrellas.
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades K-6 • 4.1 mi
Grades 7-8 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 43% |
| Baths | 2.0 | 3.0 | 47% |
| Square foot | 1,065 | 2,012.5 | 2% |
| Lot Size | 6,560 | 6,579.5 | 50% |
| Price | $470.0K | $627.5K | 10% |
| Price per sq ft | $441 | $316 | 94% |
| Built year | 1956 | 1998 | 6% |
| HOA | $0 | $0 | 50% |
| Days on market | 32 | 176 | 1% |
Jun 6, 2026
$470,000
$485,000
-3% Price Drop
Initial Listing
May 6, 2026
$485,000
Initial Listing