8874 Mandalay Way, Elk Grove, CA 95624, Elk Grove, 95624 - 3 bed, 2 bath
Loading property details...
Elk Grove, CA 95624
This Single-Story Residential Home represents a Strong Value Opportunity, listed at $590,000—positioned well above the $569,546 Fair Market Value by 3%. While priced slightly above market, the property offers a Condition Rating of 4, providing a solid, move-in-ready foundation with potential for cosmetic modernization. Located within the highly acclaimed Elk Grove Unified School District, this home features a functional layout and a private patio. It is an ideal acquisition for Owner-Occupants seeking long-term stability or first-time buyers prioritizing school district quality.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8874 Mandalay Way Subject | $590,000* List Price | 3 | 2 | 1,626 | $350 | - |
A 8668 Little Wood Circle Sold | $625,000 | 4 | 2 | 1,762 | $355 | 0.3 mi |
B 8679 Spring House Way Sold | $535,000 | 3 | 2 | 1,451 | $369 | 0.6 mi |
C 8724 Redwood Grove Way Sold | $500,000 | 3 | 2 | 1,330 | $376 | 0.4 mi |
D 8428 Zinnia Way Sold | $521,000 | 3 | 2 | 1,457 | $358 | 0.9 mi |
E 8613 Aviary Woods Way Pending | $550,000 List Price | 3 | 2 | 1,663 | $331 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1992, this 32-year-old home is well-maintained but features mostly original finishes. The kitchen and bathrooms are dated with 1990s-style oak cabinetry, older black appliances, and carpet in the bathroom vanity area, indicating a need for modernization despite being move-in ready.
The home features a highly desirable single-story floor plan with a double-sided fireplace and an open kitchen, providing excellent flow and accessibility for a variety of lifestyles.
Located within the highly acclaimed Elk Grove Unified School District, this property offers significant long-term value and is a major draw for families prioritizing education.
The absence of a monthly association fee provides homeowners with increased monthly cash flow and greater freedom from restrictive community covenants.
Built in 1992, the home may require capital investment for modernizing fixtures and finishes to compete with newer inventory in the Elk Grove market.
With a lot size of approximately 5,523 square feet, outdoor space is somewhat limited for buyers seeking expansive yards or room for significant secondary structures.
Welcome to 8874 Mandalay Way, a well-maintained single-story home nestled in one of Elk Grove's established neighborhoods. Offering a functional and inviting layout, this home features spacious living and family areas connected by a cozy double-sided fireplace, creating a warm and comfortable setting for everyday living and entertaining. The open kitchen seamlessly connects to the main living space and features abundant cabinetry, generous counter space, and a breakfast bar. Large windows fill the home with natural light, while the neutral color palette provides a move-in-ready canvas for your personal style. Step outside to a private backyard with mature landscaping, a patio, and plenty of space for outdoor dining, gardening, or future customization. Ideally located near parks, shopping, dining, and within the highly acclaimed Elk Grove Unified School District, this home offers comfort, convenience, and an exceptional opportunity to make it your own.
No exterior & parking available.
Grades K-6 • 1.4 mi
Grades K-6 • 3.9 mi
Grades 7-8 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,626 | - |
| Lot Size | 5,523 | - |
| Price | $590.0K | $632.1K |
| Price per sq ft | $363 | $316 |
| Built year | 1992 | 0 |
| HOA | $0 | $0 |
| Days on market | 13 | 42 |
Jul 10, 2026
$590,000
Initial Listing
Aug 14, 2018
$370,000
Public Record
Mar 22, 2012
$185,000
Public Record
Dec 28, 2005
$375,000
Public Record
Sep 30, 1996
$125,000
Public Record
Nov 15, 1994
$155,500
Public Record