9516 Grasmeer Way, Elk Grove, CA 95624, Elk Grove, 95624 - 4 bed, 3 bath
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Elk Grove, CA 95624
This Spacious Single-Story Residence represents a Strong Value Opportunity, listed at $739,888—positioned above the $690,178 Fair Market Value. While priced at a premium, the property offers significant long-term potential due to its 10,315-square-foot lot and 4-bedroom layout. With a Fair Condition Rating, the home invites cosmetic personalization to modernize its 2001-era finishes. Located near Elk Grove schools and featuring a private patio, this property balances established neighborhood stability with customization potential. It is an ideal acquisition for Owner-Occupants seeking a long-term home or Value-Add Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9516 Grasmeer Way Subject | $739,888* List Price | 4 | 3 | 2,360 | $287 | - |
A 9272 Salmon Creek Drive Sold | $620,000 | 3 | 2 | 2,060 | $301 | 0.9 mi |
B 9528 Timber River Way Sold | $690,100 | 4 | 3 | 2,529 | $273 | 0.7 mi |
C 9652 Pasture Rose Way Sold | $728,000 | 3 | 2 | 2,675 | $272 | 0.4 mi |
D 9293 Fox Springs Way Sold | $629,900 | 4 | 2 | 2,060 | $306 | 0.9 mi |
E 9431 Havenview Way Sold | $750,000 | 5 | 3 | 2,914 | $257 | 0.5 mi |
F 9214 Rancho Drive Active | $803,000 List Price | 4 | 2 | 2,200 | $365 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2001, this 25-year-old property falls into the 'Fair' category based on age. While the home is well-maintained and functional, the interior finishes—including the light wood cabinetry, carpeting, and bathroom fixtures—are dated and reflect the original construction era. The systems like HVAC are functional but approaching the end of their typical lifecycle, and the property would require cosmetic updates to the kitchen and baths to meet modern 'Good' or 'Excellent' standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10315, living area = 2360.
The generous 10,280-square-foot lot is a standout feature for the area, providing significant space for outdoor entertaining, a future pool, or potential ADU development.
At 2,360 square feet, this single-level home offers a rare combination of spaciousness and accessibility, featuring a functional open-concept design ideal for all life stages.
Built in 2001 and described as 'maintained,' the home may require modern aesthetic upgrades to the kitchen and bathrooms to align with contemporary design preferences.
The assigned public schools currently carry ratings of 6/10, which may be a consideration for families specifically targeting the highest-rated districts in the region.
Welcome to this beautifully maintained single-story home nestled in one of Elk Grove's most established neighborhoods. Offering approximately 2,360 square feet of thoughtfully designed living space, this 4-bedroom, 2.5-bath residence combines comfort, functionality, and timeless appeal. Step inside to discover spacious living and entertaining areas filled with natural light, highlighted by an inviting fireplace and an open-concept layout ideal for both everyday living and special gatherings. The well-appointed kitchen flows seamlessly into the main living spaces, creating the perfect setting for hosting family and friends. The generously sized primary suite provides a relaxing retreat, while three additional bedrooms offer flexibility for family, guests, or a home office. Situated on an expansive 10,280-square-foot lot, the backyard presents endless possibilities for outdoor entertaining, gardening, recreation, or even a future pool. Additional features include central heating and air conditioning, an attached garage, and a desirable location close to parks, shopping, dining, and highly regarded Elk Grove schools. With its spacious floor plan, large lot, and prime location, this home offers an exceptional opportunity to enjoy the best of Elk Grove living.
No exterior & parking available.
Grades K-6 • 1.2 mi
Grades K-6 • 5.9 mi
Grades 7-8 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 2,360 | - |
| Lot Size | 10,315 | - |
| Price | $739.9K | $632.1K |
| Price per sq ft | $314 | $316 |
| Built year | 2001 | 0 |
| HOA | $0 | $0 |
| Days on market | 47 | 42 |
Jun 6, 2026
$739,888
Initial Listing
Apr 6, 2022
$172,000
Public Record
Apr 6, 2022
$750,000
Public Record
Aug 5, 2011
$270,000
Public Record
Apr 10, 2006
$495,000
Public Record
May 9, 2002
$306,000
Public Record