
Elk Grove, CA 95624
This Single Family Residence represents a Prime Investment Opportunity, listed at a List Price of $1,050,000—positioned well below the $1,073,050 Fair Market Value by 2%. This valuation gap provides $23,050 in Instant Equity. Featuring a Condition Rating of 2 with recent HVAC and flooring upgrades, the property offers a 2.51-acre lot with AR-2 Zoning. This versatile asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a peaceful, high-potential retreat within Elk Grove city limits.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9569 Sheldon Rd Subject 3 bd · 3 ba · 2,045 sqft · $525 | $1,050,000* List Price | 3 | 3 | 2,045 | $525 | - |
A 9529 Sheldon Rd Active 3 bd · 2 ba · 1,658 sqft · $588 · 0.2 mi | $974,950 List Price | 3 | 2 | 1,658 | $588 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1983, the property has undergone significant recent renovations within the last 5 years. Key updates include a brand-new central HVAC system, new flooring throughout, a refreshed kitchen with modern butcherblock countertops and stainless steel appliances, and a fully modernized guest bathroom with a walk-in rain shower.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 109336, living area = 2045.
The 2.51-acre lot zoned AR-2 offers rare flexibility for agricultural pursuits, horse setups, or extensive recreational storage, providing a level of privacy and space seldom found within city limits.
The home features significant recent improvements, including brand-new flooring throughout, a refreshed guest bathroom with a rain shower, and a new central air conditioning unit for immediate comfort.
Built in 1983, the home may still require further capital investment to modernize original systems or architectural elements that fall outside the scope of the recent cosmetic updates.
With a list price of $1.05M for approximately 2,045 square feet, the property commands a premium price point that may be challenging for buyers who prioritize interior living volume over land value.
The home is currently occupied. Showings are by appointment only. Discover the best of country living with the convenience of city amenities in this beautiful 4-bedroom, 3 bath ranch-style home, situated on 2.51 acres in desirable Elk Grove. Offering over 2,000 square feet of living space, this property provides a peaceful retreat with room to roam, relax, and explore endless possibilities. Step inside to an open and inviting layout featuring a spacious living room, a comfortable family room, and dining area perfect for entertaining. The kitchen offers ample storage, butcherblock countertops, and a breakfast baran ideal spot to enjoy your morning coffee while taking in the serene views of the surrounding property. The primary suite features direct outdoor access, a walk-in closet, and an en-suite bathroom with dual sinks and a relaxing soaking tub. Three additional bedrooms and a full guest bathroom provide plenty of space for family, guests, or a home office. Recent updates include new flooring throughout and a brand-new central air conditioning unit. The guest bathroom has also been refreshed with a spacious walk-in rain shower, adding a modern touch to the home. Outside, enjoy a large deck perfect for entertaining, summer barbecues, or simply unwinding in the fresh air. The fully fenced backyard offers added privacy, while the attached two-car garage and additional space for RV or boat parking provide plenty of room for vehicles and recreational toys. Zoned AR-2, this versatile property offers exciting possibilities for those seeking space for a potential horse setup, agricultural pursuits, or other permitted uses. Enjoy the privacy and tranquility of acreage while remaining within city limits and just minutes from everyday conveniences, including shopping, restaurants, schools, parks, fuel, and entertainment. Ideally situated in a quiet, desirable area of Elk Grove, this property offers a rare combination of space, privacy, convenience, and potential. Whether you're dreaming of a more relaxed lifestyle, room for hobbies, or a property with possibilities beyond the ordinary, this home is ready to welcome you.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.7 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,045 | 2,014.161 |
| Lot Size | 109,336 | 6,412.454 |
| Price | $1.05M | $631.5K |
| Price per sq ft | $513 | $320 |
| Built year | 1983 | 2000 |
| HOA | $0 | $164 |
| Days on market | 6 | 47 |
Oct 18, 2026
$1,050,000
Initial Listing
Dec 11, 2024
$900,000
Public Record
Feb 23, 2004
$512,000
Public Record