8878 Nimbus Way, Orangevale, CA 95662, Orangevale, 95662 - 4 bed, 2 bath
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Orangevale, CA 95662
This Spacious Value-Add Residence is listed at $560,000, representing a stable entry point near its $550,251 Fair Market Value. While the home maintains a functional Condition Rating of 4 with a newer roof and updated flooring, it offers significant upside through kitchen and bath modernization. The expansive 9,583 Sq. Ft. Lot is a private retreat featuring citrus and fruit trees and a covered patio. Situated near top-rated schools like Pershing Elementary and Bella Vista High, this property is ideal for Owner-Occupants or Value-Seeking Families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8878 Nimbus Way Subject | $545,000 | 4 | 2 | 1,776 | $310 | - |
A 8858 Kona Way Sold | $563,500 | 3 | 2 | 1,576 | $358 | 0.1 mi |
B 8949 Genoa Avenue Sold | $575,000 | 4 | 2 | 1,579 | $364 | 0.3 mi |
C 8650 Blythe Avenue Sold | $550,000 | 4 | 2 | 1,584 | $347 | 0.9 mi |
D 8868 Pershing Avenue Sold | $480,000 | 3 | 2 | 1,577 | $304 | 0.1 mi |
E 8806 Fortuna Way Sold | $515,000 | 3 | 2 | 1,465 | $352 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1976, this property is over 40 years old. While it benefits from some recent updates like a newer flat roof, luxury vinyl flooring in the kitchen and living room, and newer carpet in the family room, the kitchen and bathrooms are largely outdated. The kitchen features older white appliances, dated laminate countertops, and an old fluorescent light panel. The bathrooms show very dated vanities, fixtures, and even carpeted flooring in one area, which is generally undesirable. The property also lacks central air conditioning, a significant functional drawback. Overall, it is maintained and functional but requires substantial cosmetic and system updates to modernize and meet current standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9583, living area = 1776.
Features a remote bedroom ideal for a home office and another versatile room off the entry, offering adaptable living arrangements for various needs.
Equipped with generously sized bedroom closets, multiple hallway storage closets, and a garage with shelving, cabinets, and a walk-in closet, providing ample organizational space.
As a 1976 build, critical systems such as plumbing, electrical, and HVAC may be original or nearing the end of their lifespan, potentially requiring future capital expenditure.
The property description highlights a gas fireplace but makes no mention of a cooling system, which could be a significant drawback for comfort during warmer months in California.
While some areas have received updates (flooring, roof), other parts of the home, particularly bathrooms or other fixtures, may still reflect its 1976 origin and could benefit from further modernization to align with contemporary tastes.
Bright and airy 4 bedroom, 2 bath home. One bedroom is remote, great for a home office. The bedroom off the entry could be be used as a formal dining room. Spacious kitchen with luxury vinyl floor. Living room with corner windows, great for large plants, also has luxury vinyl floors. Family room features newer carpet, gas fireplace and slider to covered patio. Patio has 220 for possible spa. Home also has an indoor laundry area. All bedroom closets are very large. Hallway sports four linen/coat/storage closets. Garage has shelves and cabinets plus a walk-in storage closet. Huge yard features grapes, citrus and fruit trees. Newer flat roof. Come and take a peek!
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades K-6 • 4.2 mi
Grades 6-8 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 63% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,776 | 1,526 | 71% |
| Lot Size | 9,583 | 9,583 | 50% |
| Price | $545.0K | $555.0K | 44% |
| Price per sq ft | $307 | $386 | 15% |
| Built year | 1976 | 1975 | 53% |
| HOA | $0 | $0 | 50% |
| Days on market | 267 | 149 | 85% |
Oct 24, 2025
$545,000
Public Record
Jun 10, 1994
$143,500
Public Record