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  • $949,500

    5137 Kenneth Ave, Fair Oaks, CA 95628

    3beds
    1,616sqft
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    Single Family Residence
    Built in 1950
    2.43 Acres Lot
    $925,000 Zestimate®
    $588/sqft
    $-- HOA

    What's special

    Modern updatesSpacious backyard deckExpansive acreage
    Endless Possibilities on Nearly 2.5 Acres in Fair Oaks! Rare opportunities like this don't come around often. Nestled on almost 2.5 acres in the highly desirable Fair Oaks community, this 3-bedroom, 2-bathroom home offers just over 1,600 square feet of living space along with incredible potential. Inside, you'll find an updated kitchen featuring stainless steel appliances, providing a modern touch that's perfect for everyday living and entertaining. Step outside to a spacious backyard deck, an ideal place to relax, host gatherings, or take in the peaceful surroundings. The true highlight of this property is the expansive acreage. Whether you're looking to enjoy the existing home, build your dream estate, or explore the possibility of subdividing the property and developing multiple homes (subject to county approval), the opportunities are endless. The generous lot offers privacy, space, and exceptional flexibility for homeowners, investors, builders, and developers alike. Combining modern updates, a desirable Fair Oaks location, and nearly 2.5 acres of prime land, this is a rare opportunity to own a property with unlimited potential. Bring your vision and make it your own!
    2 days
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    747
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    30
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    Zillow last checked:

    Listing updated:

    Listed by:

    Stephan Karapetyan DRE #02207315 916-600-8017,

    Keller Williams Realty Folsom

    Source: MetroList Services of CA,MLS#: 226084947Originating MLS: MetroList Services, Inc.

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Dining room
      • Features: Space in Kitchen
      Kitchen
      • Features: Quartz Counter, Skylight(s), Kitchen Island
      Heating
      • Central, Fireplace(s)
      Cooling
      • Ceiling Fan(s), Central Air
      Appliances
      • Laundry: Inside
      Features
      • Flooring: Carpet, Wood
      • Windows: Skylight(s)
      • Number of fireplaces: 1
      • Fireplace features: Living Room
      Interior area
      • Total interior livable area: 1,616 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: RV Access/Parking, RV Possible, Detached, Workshop in Garage
      • Garage spaces: 2
      Lot
      • Size: 2.43 Acres
      • Features: Shape Regular, Split Possible
      Details
      • Parcel number: 24901700130000
      • Zoning description: RD-2
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Frame, Wood
      • Foundation: Raised
      • Roof: Composition
      Condition
      • Year built: 1950

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Public

      Community & HOA

      Location
      • Region: Fair Oaks

      Financial & listing details

      • Price per square foot: $588/sqft
      • Tax assessed value: $912,635
      • Annual tax amount: $11,092
      • Price range: $949.5K - $949.5K
      • Date on market: 7/6/2026

        Estimated market value

        $925,000

        $879,000 - $971,000

        $2,889/mo

        Price history

        DateEventPrice
        7/6/2026Listed for sale$949,500-5%$588/sqft
        Source: MetroList Services of CA #226084947 Report a problem
        6/1/2026Listing removed$999,000$618/sqft
        Source: MetroList Services of CA #225083837 Report a problem
        2/26/2026Price change$999,000-4.9%$618/sqft
        Source: MetroList Services of CA #225083837 Report a problem
        1/9/2026Pending sale$1,050,000$650/sqft
        Source: MetroList Services of CA #225083837 Report a problem
        10/3/2025Price change$1,050,000-8.7%$650/sqft
        Source: MetroList Services of CA #225083837 Report a problem
        7/24/2025Price change$1,150,000-11.4%$712/sqft
        Source: MetroList Services of CA #225083837 Report a problem
        6/26/2025Listed for sale$1,298,000+50.9%$803/sqft
        Source: MetroList Services of CA #225083837 Report a problem
        2/22/2022Sold$860,000-4.3%$532/sqft
        Source: MLSListings Inc #ML81868353 Report a problem
        1/21/2022Contingent$899,000$556/sqft
        Source: MLSListings Inc #ML81868353 Report a problem
        12/1/2021Price change$899,000-5.3%$556/sqft
        Source: MLSListings Inc #ML81868353 Report a problem
        10/28/2021Listed for sale$949,000$587/sqft
        Source: MLSListings Inc #ML81868353 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$11,092 +0.8%$912,635 +2%
        2024$11,008 +3.2%$894,742 +2%
        2023$10,672 +0.4%$877,199 +25.3%
        2022$10,633 +735.4%$700,000 +580.9%
        2021$1,273 +1.5%$102,812 +1%
        2020$1,254 +2.6%$101,759 +2%
        2019$1,222 +2.3%$99,764 +2%
        2018$1,194 +1.1%$97,809 +2%
        2017$1,181 +6.8%$95,893 +2%
        2016$1,106 +4%$94,013 +1.5%
        2015$1,063 $92,601 +2%
        2014$1,063 $90,788 +0.5%
        2013-- $90,378 +2%
        2012-- $88,607 +2%
        2011-- $86,871 +0.8%
        2010-- $86,223 +1.8%
        2008-- $84,734 +2%
        2007-- $83,074 +2%
        2006-- $81,446 +2%
        2005-- $79,850 +2%
        2004-- $78,285 +1.9%
        2003-- $76,851 +2%
        2002-- $75,345 +2%
        2001-- $73,869 +2%
        2000-- $72,421

        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 95628

        Getting around

        38 / 100
        Car-Dependent
        32 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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