
Granite Bay, CA 95746
This 3-Bedroom Townhouse represents a High-Potential Investment Opportunity, listed at $698,900—positioned slightly above the $687,241 Fair Market Value. While the home maintains a Condition Rating of 4, its original 1997 finishes provide a blank canvas for value-add renovations. Located in the elite Granite Bay school district with 10/10 rated schools, the property offers significant long-term stability. Featuring a private patio, pool, and spa, this asset is perfectly suited for Value-Add Investors or Owner-Occupants looking to customize a home in a prime, gated community.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9953 Villa Granito Ln Subject 3 bd · 3 ba · 2,129 sqft · $276 | $668,900* List Price | 3 | 3 | 2,129 | $276 | - |
A 9837 Villa Francisco Lane Sold 3 bd · 3 ba · 2,129 sqft · $281 · 0.0 mi | $599,000 | 3 | 3 | 2,129 | $281 | 0.0 mi |
B 9912 Villa Granito Ln Active 3 bd · 3 ba · 2,027 sqft · $335 · 0.1 mi | $679,000 List Price | 3 | 3 | 2,027 | $335 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1997 and explicitly described as being in 'original condition,' this 27-year-old home is dated. The kitchen and bathrooms feature original oak cabinetry, white appliances, and gold-trimmed fixtures that, while functional, require cosmetic updates to meet modern standards.
Elementary School: Oakhills Elementary School (10/10). Middle School: Willma Cavitt Junior High School (10/10). High School: Granite Bay High School (10/10).
The property is zoned for top-tier schools including Granite Bay High and Oakhills Elementary, all boasting 9/10 or 10/10 ratings, which significantly enhances long-term property value.
Located in 'The Villas,' this home offers a secure environment with access to a swimming pool, spa, and ample guest parking, all within close proximity to Folsom Lake and local golf courses.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =2740, other record lot size in square feet = 2881. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
The home is in its original 1997 condition and requires comprehensive updates, meaning buyers will need to budget for significant renovation costs to modernize the space.
The association fee of $614 per month is relatively high, which may impact the overall affordability and debt-to-income ratio for prospective buyers.
Nestled in the heart of The Villas at Granite Bay, this one-of-a-kind home offers an exceptional combination of privacy, natural light, and an open, airy layout. Ideally positioned between two roundabouts, this is one of the most peaceful lots in the development, with no through traffic and a serene setting. Southern exposure brings abundant natural light throughout the day. The distinctive open floor plan is a standout feature, with one of the few layouts without a dividing wall, creating a spacious and connected main living area. Open stairs lead to a versatile loft, ideal for a home office, den, or additional living space. The generously sized primary suite offers a comfortable retreat. Additional features include a front porch, rear deck, driveway, two-car garage with built-in cabinetry, and ceiling fans in all bedrooms. Recent improvements include a newer air-conditioning compressor system with enlarged ductwork. Lovingly maintained by the original owners, this special home offers a unique opportunity to add your personal touches and make it your own.
No exterior & parking available.
Grades PK-3 • 0.6 mi
Grades 4-6 • 0.6 mi
Grades 7-8 • 2.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,129 | 2,025.5 |
| Lot Size | 2,740 | 3,356.5 |
| Price | $668.9K | $638.5K |
| Price per sq ft | $314 | $317 |
| Built year | 1997 | 1998 |
| HOA | $614 | $584 |
| Days on market | 45 | 135 |
Oct 8, 2026
$668,900
$698,900
-4% Price Drop
Initial Listing
Sep 15, 2026
$698,900
Initial Listing
Jun 1, 1998
$203,000
Public Record