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4824 Skyway Drive, Fair Oaks, CA 95628, Fair Oaks, 95628 - 5 bed, 4 bath

4824 Skyway Drive, Fair Oaks, CA 95628 home-pic-0
ACTIVE$855,000
4824 Skyway Drive, Fair Oaks, CA 95628
5Beds
4Baths
2,671Sqft
11,326Lot
Year Built
1958
Close
-
List price
$855K
Original List price
-
Price/Sqft
$320
HOA
$0
Days on market
-
Sold On
-
MLS number
225117487
Home ConditionExcellent
Features
View-

About this home

We found 4 Cons,5 Pros. Rank: price - $855.0K(88th), sqft - 2671(75th), beds - 5(50th), baths - 4(50th).

Welcome to this unique Fair Oaks property featuring two homes on a 0.26 acre lot with amazing possibilities for a large family, accommodating in-laws, guests or perfect option to generate income! The main house(4824 Skyway Dr) offers 3 beds, 2 bath,1924 sqft. It was tastefully remodeled with brand new kitchen quartz counters, new vinyl plank floors, fresh interior and exterior paint, new doors, remodeled bathrooms, new lights, new appliances including washer, dryer, etc. The second residence (4826 Skyway Dr) is a brand new build, it features 2 beds, 2 baths ,747 sqft. It has its own electric meter, owned solar, new kitchen appliances with washer and dryer. As you step outside, you'll be greeted by the large yard, providing plenty of space for all your outdoor activities. Whether you're seeking a multi-generational living solution, an investment opportunity, or simply a place to call home, this property offers the perfect blend and potential.

Nearby schools

6/10
Twin Lakes Elementary School
Public,•K-6•1.4mi
7/10
Harry Dewey Fundamental Elementary School
Public,•K-6•4.2mi
5/10
Andrew Carnegie Middle School
Public,•6-8•1.4mi
8/10
Bella Vista High School
Public,•9-12•1.7mi

Price History

Date
Event
Price
09/06/25
Price Change
$855,000
10/30/24
Sold
$455,000
Condition Rating
Excellent
This property features two residences. The second residence (ADU) is a brand new build, meeting the 'excellent' criteria for new construction. The main house, built in 1958, has been extensively and tastefully remodeled with brand new kitchen quartz counters, new vinyl plank floors, fresh interior and exterior paint, new doors, remodeled bathrooms, new lights, and new appliances. Both kitchens and bathrooms across both units showcase modern styles, new fixtures, and high-quality finishes, indicating a very recent and comprehensive renovation. All visible components appear new or virtually new, with no deferred maintenance.
Pros & Cons

Pros

Dual Residence / Multi-Generational Living: The property features two distinct homes on one lot, offering exceptional flexibility for multi-generational living, guest accommodation, or a live-plus-rent scenario.
Income-Generating Potential: With a separate, brand-new second residence (ADU) that includes its own electric meter and owned solar, the property presents a strong opportunity for significant rental income.
Extensively Remodeled Main House: The main house has been tastefully and comprehensively remodeled with new kitchen quartz counters, vinyl plank floors, fresh paint, new doors, updated bathrooms, and new appliances, reducing immediate buyer expenses.
Brand New Second Residence: The second residence is a newly constructed 2-bedroom, 2-bathroom unit, providing modern amenities and a fresh, move-in-ready living space.
Owned Solar on ADU: The second residence benefits from owned solar panels, offering energy efficiency, reduced utility costs, and an attractive feature for tenants or occupants.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 2671, other record living area = 1924. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
Age of Main House Structure: Despite extensive remodeling, the main house was originally built in 1958, which may imply older underlying infrastructure (e.g., plumbing, electrical beyond lights) that was not explicitly stated as updated.
Potential for Shared Outdoor Space Management: While the 0.26-acre lot is large, managing shared outdoor areas between two separate residences, especially if one is rented, could present privacy or logistical challenges for occupants.
Significant Price Appreciation: The current list price of $855,000 represents a substantial increase from the last recorded sale of $455,000, which may require strong justification to potential buyers and could impact appraisal.

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