1540 Gregory Way, Carmichael, CA 95608, Carmichael, 95608 - 3 bed, 3 bath

1540 Gregory Way, Carmichael, CA 95608 home-pic-0
ACTIVE$975,000
1540 Gregory Way, Carmichael, CA 95608
3Beds
3Baths
2,028Sqft
13,800Lot
Year Built
1968
Close
-
List price
$975K
Original List price
-
Price/Sqft
$481
HOA
$0
Days on market
-
Sold On
-
MLS number
225124380
Home ConditionExcellent
Features
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 10% below the list price. We found 3 Cons,6 Pros. Rank: price - $975.0K(91th), sqft - 2028(64th), beds - 3(50th), baths - 3(63th).

This beautifully updated 3 bedroom, 3 bathroom home is located in one of the most desirable neighborhoods in Carmichael, and sits on a spacious lot that is large enough to accommodate a second home or expansive ADU. Set within a top-rated school district, this home is the perfect blend of comfort and opportunity. Just a 5 minute walk to the American River and William B. Pond, the location is unbeatable. Enter through the grand, gated driveway, into the private courtyard. The finished stamped concrete wraps around the entire house and continues around to the backyard, creating a polished and low-maintenance space.The detached garage is fully finished and ideal for an additional living space. The home has been thoughtfully renovated. Recessed lighting, elegant hardwood floors, and multiple sliding glass doors. The kitchen features granite countertops, a spacious island, and stainless steel smart appliances. A cast fireplace adds warmth and character, and all three bathrooms have been tastefully finished with modern touches. A separate laundry room provides added convenience. Large and private backyard, with a gazebo, fire pit, and multiple fruit trees. With its size and layout, the yard also offers potential for future additions. This property is one of a kind and a must-see.

Nearby schools

7/10
Del Dayo Elementary School
Public,K-60.4mi
7/10
Harry Dewey Fundamental Elementary School
Public,K-64.6mi
5/10
Arden Middle School
Public,6-82.4mi
7/10
Rio Americano High School
Public,9-121.4mi

Price History

Date
Event
Price
09/24/25
Price Change
$975,000
05/26/15
Sold
$430,000
Condition Rating
Excellent

Despite being built in 1968, this property has undergone extensive and thoughtful renovations, bringing its condition to an excellent standard. The kitchen features modern granite countertops, a spacious island, and stainless steel smart appliances. All three bathrooms are tastefully finished with modern touches, as evidenced by the updated vanities, fixtures, and tiling. The home boasts elegant hardwood floors throughout, recessed lighting, and multiple sliding glass doors, all contributing to a fresh, contemporary feel. The overall quality of the visible updates is virtually new, with no signs of deferred maintenance. While the description doesn't explicitly mention a central cooling system, the comprehensive nature of the renovations in key areas warrants an 'excellent' rating for its current condition.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13800, living area = 2028.
Desirable Location & Schools: Located in one of Carmichael's most desirable neighborhoods, within a top-rated school district, and just a 5-minute walk to the American River and William B. Pond Park.
Extensive Modern Renovations: The home has been beautifully updated and thoughtfully renovated, featuring recessed lighting, elegant hardwood floors, a kitchen with granite countertops, a spacious island, stainless steel smart appliances, and tastefully finished modern bathrooms.
Significant ADU/Expansion Potential: The spacious lot is large enough to accommodate a second home or expansive ADU, and the detached garage is fully finished, ideal for additional living space. The large backyard also offers potential for future additions.
Enhanced Privacy & Curb Appeal: Features a grand, gated driveway leading to a private courtyard, with finished stamped concrete wrapping around the entire house, creating a polished and low-maintenance exterior.
Well-Appointed Outdoor Living: The large and private backyard includes a gazebo, fire pit, and multiple fruit trees, providing excellent amenities for relaxation and entertaining.

Cons

Potential Overpricing: The current listing price of $975,000 is significantly higher than the estimated property value of $867,973, suggesting it may be priced above current market expectations.
Absence of Explicit Cooling System: The property description highlights a cast fireplace for warmth but makes no mention of a central air conditioning system, which could be a notable drawback during warmer months in California.
Age of Core Structure: Despite extensive renovations, the home's original build year of 1968 implies that some underlying infrastructure components may be older and could potentially require future maintenance or upgrades not explicitly covered in the description.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state