9685 Lake Natoma Drive, Orangevale, CA 95662, Orangevale, 95662 - 4 bed, 2 bath
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9685 Lake Natoma Drive
Orangevale, CA 95662
ACTIVE
CONDITION: GOOD
4Beds
2Baths
1,800Sq Ft
7,405Lot Size
Property Price
LIST PRICE$689,000
EST. MARKET VALUE
$704,340
SUMMARY
This Duplex Residential Income property represents a Prime Investment Opportunity, listed at $689,000—positioned well below the $704,341 Fair Market Value by 2%. This valuation gap offers $15,341 in Instant Equity. Featuring a Condition Rating of 3, the units include modern updates like quartz countertops and remodeled bathrooms. With a private patio and proximity to Lake Natoma, this asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey house-hacking strategy in a high-demand rental market.
Estimated Market Value
$704,340
Based on Realkey algorithm analyzing recent comparable sales in Orangevale.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9685 Lake Natoma Drive Subject | $689,000* List Price | 4 | 2 | 1,800 | $391 | - |
A 9666 Lake Natoma Drive Sold | $625,000 | 4 | 2 | 1,608 | $389 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
While built in 1974, the property has undergone recent significant renovations including new flooring, quartz countertops, and remodeled bathrooms. The interior presents as move-in ready and well-maintained with fresh paint and updated stainless steel appliances, though some elements like the kitchen cabinetry and roof-mounted HVAC show more age.
PROSSTRENGTHS & OPPORTUNITIES
- Turnkey Interior Updates
The property features significant modern upgrades including new countertops, updated flooring, and remodeled bathrooms, reducing the need for immediate capital expenditures.
- Prime Recreational Location
Ideally situated near Lake Natoma and Folsom, the location offers high desirability for tenants and owners seeking outdoor lifestyle amenities and proximity to regional employment hubs.
- Investment Versatility
This duplex configuration with deep single-car garages provides an excellent opportunity for either a pure investment with dual cash flow or a house-hacking primary residence.
CONSRISKS & DEFICIENCIES
- 1970s Infrastructure
Built in 1974, the property may have aging underlying systems such as plumbing or electrical that could require maintenance despite the recent cosmetic renovations.
- Limited Unit Capacity
With only two bedrooms per unit, the property may face a more restricted tenant pool compared to larger three-bedroom multi-family options in the suburban Orangevale market.
About 9685 Lake Natoma Drive
Excellent opportunity for investment or primary residence with cash flow! This clean, inviting duplex includes two 2-bedroom units with updated flooring, new countertops, remodeled bathrooms and deep single car garages. Recent exterior paint, well maintained yards with patios. Excellent location close to Folsom and Lake Natoma!
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1974
- Lot Size
- 7,405 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Orangevale Unified Schools
Twin Lakes Elementary School
Grades K-6 • 0.8 mi
6/10
Harry Dewey Fundamental Elementary School
Grades K-6 • 5.9 mi
7/10
Andrew Carnegie Middle School
Grades 6-8 • 2.1 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Pricing History
Listed for Sale
Aug 19, 2026
$689,000
Initial Listing
Sold
Mar 29, 2021
$500,000
Public Record