8931 Plaza Park Drive, Elk Grove, CA 95624, Elk Grove, 95624 - 3 bed, 2 bath
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This Single-Family Residence is listed at $549,000, representing a stable entry into a high-demand neighborhood relative to its $469,432 Fair Market Value. Currently holding a Fair Condition Rating, the property features 1965 infrastructure that presents a clear value-add opportunity through modernization. The home’s standout feature is its Exceptional School Proximity, located within walking distance of Florence Markofer Elementary, Joseph Kerr Middle, and Elk Grove High. With an Established Lot Size and No HOA Obligations, this is a strategic acquisition for Owner-Occupants or first-time buyers seeking to build equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8931 Plaza Park Drive Subject | $549,000* List Price | 3 | 2 | 1,629 | $288 | - |
A 8704 Montiflora Court Sold | $554,800 | 4 | 2 | 1,601 | $347 | 0.7 mi |
B 9509 Sara Street Sold | $523,000 | 3 | 2 | 1,573 | $332 | 0.7 mi |
C 9113 Buckskin Court Sold | $575,000 | 3 | 2 | 1,704 | $337 | 0.8 mi |
D 9968 Falcon Meadow Drive Sold | $540,000 | 3 | 2 | 1,675 | $322 | 0.7 mi |
E 9723 Parktree Way Pending | $450,000 List Price | 3 | 2 | 1,629 | $276 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1965, the property is nearly 60 years old and is noted for having aging infrastructure. The listing analysis indicates a need for significant investment in modernizing major systems and aesthetic finishes to meet current market standards. While likely maintained, the lack of recent renovation details suggests the kitchen, bathrooms, and systems are functional but outdated, consistent with the 'fair' condition category.
The property is ideally situated within walking distance of elementary, middle, and high schools, providing unmatched convenience for families with children of all ages.
With zero association fees, homeowners benefit from lower monthly carrying costs and greater autonomy over their property's use and exterior modifications.
The nearly 7,000-square-foot lot offers a generous outdoor footprint for gardening or entertaining, a feature often sacrificed in newer, high-density residential developments.
Built in 1965, the home may require significant investments in modernizing major systems and aesthetic finishes to meet current market standards.
With only three bedrooms for over 1,600 square feet, the layout may lack the versatility required by modern buyers seeking dedicated home offices or guest rooms.
Exceptional opportunity in Elk Grove. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
Grades K-6 • 0.2 mi
Grades K-6 • 4.6 mi
Grades 7-8 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 40% |
| Baths | 2.0 | 3.0 | 44% |
| Square foot | 1,629 | 2,002 | 23% |
| Lot Size | 6,856 | 6,700 | 52% |
| Price | $549.0K | $630.0K | 23% |
| Price per sq ft | $337 | $316 | 65% |
| Built year | 1965 | 1998 | 6% |
| HOA | $0 | $0 | 50% |
| Days on market | 21 | 175 | 1% |
Apr 2, 2026
$549,000
Initial Listing
Dec 9, 2013
$246,000
Public Record