
Elk Grove, CA 95624
This Move-In Ready Condominium represents a Strong Value Opportunity, listed at $235,000—positioned well below the $236,515 Fair Market Value by 0.64%. This property offers $1,515 in Instant Equity. Featuring a Good Condition Rating with a renovated kitchen and fresh paint, the unit provides a quiet, ground-floor layout with no neighbors above. Located near top-rated schools like Elk Grove High, this home is an ideal sanctuary for first-time buyers or downsizing professionals seeking low-maintenance, affordable living in a prime location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8951 El Mirador Drive 1 Subject | $235,000* List Price | 2 | 1 | 795 | $298 | - |
A 8943 El Mirador Drive 4 Active | $279,000 List Price | 2 | 1 | 924 | $302 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready condition with a kitchen renovation completed approximately 10 years ago featuring wood cabinets and slab countertops. Recent updates include fresh interior paint throughout. While the structure dates to 1972, the internal condition and maintenance level meet the criteria for 'Good' based on the 5-15 year renovation window.
Priced at $235,000 in a market where median home prices exceed $600,000, this property offers a rare and highly affordable entry point for first-time buyers in Elk Grove.
As a ground-floor unit with no neighbors living above or below, this condo provides a quiet and serene living experience that is exceptionally rare for multi-family housing.
The association fee covers high-speed internet, cable, and exterior maintenance, offering a low-maintenance lifestyle and simplified monthly budgeting for the owner.
The HOA's prohibition on new rentals eliminates the property's potential as an investment asset and restricts the future exit strategy to owner-occupant buyers only.
The lack of in-unit laundry hookups requires residents to use a facility shared with three other units, which may be a significant inconvenience for some modern buyers.
Discover affordable homeownership in the heart of Elk Grove with this inviting 2-bedroom, 1-bathroom ground-floor condo now priced at only $235,000! With a comfortable great-room layout, this move-in ready gem offers the rare peace and privacy of a downstairs unit with no one living above or below you - ensuring a quiet, serene living experience that's hard to find. Step inside to fresh interior paint throughout, a kitchen that was thoughtfully renovated about 10 years ago with wood cabinets, slab counter tops, and a large pantry. A dedicated laundry facility is shared with 3 other units and is located conveniently next to your single car attached garage parking space - no more lugging laundry up stairs or to the laundry mat. The homeowners association takes care of the big responsibilities so you can enjoy life. The structure insurance, exterior building maintenance, beautifully kept grounds, the shared laundry facility, and the high speed internet and cable are included in your HOA fees. This is low-maintenance living at its best! In a market where finding anything under $400,000 in Elk Grove is increasingly rare (with median home prices well above $600,000), this condo at just $235,000 represents an incredible opportunity. Whether you're a first-time homebuyer ready to build equity or someone looking to downsize, this is your chance to live close to Costco, Shopping, and many eateries like the new Yard House... Important note: The HOA does not permit new rentals, meaning this home will stay owner-occupied - helping preserve the friendly, well-maintained neighborhood vibe.
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades K-6 • 4.6 mi
Grades 7-8 • 0.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 795 | - |
| Lot Size | 1,969 | - |
| Price | $235.0K | $378.6K |
| Price per sq ft | $296 | $345 |
| Built year | 1972 | 0 |
| HOA | $414 | $0 |
| Days on market | 16 | 51 |
Jul 7, 2026
$235,000
Initial Listing
Apr 5, 2005
$193,000
Public Record
Mar 20, 2001
$76,500
Public Record
Jun 3, 1996
$53,000
Public Record