5270 Lake Knoll Lane, Fair Oaks, CA 95628, Fair Oaks, 95628 - 3 bed, 3 bath

ACTIVE$299,000
5270 Lake Knoll Lane, Fair Oaks, CA 95628
3Beds
3Baths
1,684Sqft
1,573Lot
Year Built
1973
Close
-
List price
$299K
Original List price
-
Price/Sqft
$178
HOA
$400
Days on market
-
Sold On
-
MLS number
225146074
Home ConditionPoor
Features
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $299.0K(50th), sqft - 1684(78th), beds - 3(67th), baths - 3(72th).
Welcome to the secluded 5270 Lake Knoll Lane. This cozy 3 bedroom 2.5 bathroom condo is in the coveted Fair Oaks. This private community has plenty of amenities including a swimming pool, club house, gorgeous maintained common areas with places to stroll and multiple ponds with sitting areas. Conveniently located close to shopping, dining, freeway access and more. Don't forget the American River and the freeway are close by allowing access to everything. This is a gorgeous home you don't want to miss making yours.
Nearby schools
7/10
Harry Dewey Fundamental Elementary School
Public,•K-6•1.4mi
3/10
Kingswood Elementary School
Public,•K-8•0.5mi
5/10
Will Rogers Middle School
Public,•6-8•1.8mi
3/10
San Juan High School
Public,•9-12•1.3mi
Price History
Date
Event
Price
12/05/25
Price Change
$299,000
08/06/21
Sold
$395,000
03/16/21
Sold
$240,000
12/03/18
Sold
$59,000
Condition Rating
Poor
The property was built in 1973, making it over 50 years old. With no images available and no mention of recent major renovations in the description, it is highly probable that the kitchen, bathrooms, and other interior finishes are significantly outdated, likely 30-50+ years old. While the description uses positive language like 'cozy' and 'gorgeous home,' this is marketing rhetoric and does not provide specific details about the interior condition. The AI-generated weakness 'Age of Property' also suggests a need for 'potential updates to systems or aesthetics.' To bring this property to modern standards, substantial rehabilitation of key areas like the kitchen and bathrooms, as well as potential system updates, would be required.
Pros & Cons
Pros
Prime Location & Accessibility: Situated in the 'coveted Fair Oaks' with convenient access to shopping, dining, major freeways, and recreational opportunities like the American River.
Rich Community Amenities: Residents benefit from a private community offering a swimming pool, clubhouse, meticulously maintained common areas, and scenic ponds with sitting areas.
Secluded & Private Setting: The property is part of a secluded and private community, offering enhanced tranquility and a sense of exclusivity.
Attractive Price Point: Listed at $299,000, which is notably below its 2021 sale price of $395,000, potentially offering strong value for buyers.
Well-Rated Elementary School Access: Proximity to Harry Dewey Fundamental Elementary School, boasting a rating of 7, is a significant advantage for families with elementary-aged children.
Cons
Substantial Monthly Association Fee: The $400 monthly association fee represents a considerable ongoing cost that buyers must factor into their budget.
Age of Property: Built in 1973, the condominium is over 50 years old, which may suggest a need for potential updates to systems or aesthetics if not already addressed.
Variable School Performance: While one elementary school is highly rated, other nearby schools, including Kingswood Elementary and San Juan High School, have lower ratings (3), which could be a concern for some families.