Exclusive Granite Bay Opportunity -Possibilities for Generational Living - Two Homes on One Lot - Set on a private flat parcel in one of Granite Bay's most sought-after neighborhoods. This diamond in the rough offers incredible potential. The main residence spans over 3,000 sq. ft. with two primary suites plus a junior suite. While the home needs a full renovation, the location and lot make it a true gem. Does offer some nice outdoor features - large shop perfect for storage, hobbies, or projects, large patio with beautiful stone fireplace, as well as an oversized 2 car garage. The auxiliary dwelling unit (ADU), built in the early 2000s, is in excellent shape and features a one-bedroom plus office, full kitchen, bath, and a private outdoor living space with built-in barbecue and fireplace. A two-car garage completes this self-contained home, ideal for extended family, guests, or rental income. This property is being sold as-is and will likely not qualify for conventional financing. Property offers the rare chance to live in the ADU while reimagining the main home. With top-rated schools, privacy, and neighboring estates valued over $3M, this is a Granite Bay opportunity that doesn't come along often. Priced accordingly - perfect for visionary.
Closed
Tax assessed value
$1,285,000
8888 Fargo Ln, Granite Bay, CA 95746
3beds
3,008sqft
Single Family Residence
Built in 1977
1.8 Acres Lot
$1,302,700 Zestimate®
$427/sqft
$3,529 Estimated rent
Home value
$1,302,700
$1.20M - $1.41M
$3,529/mo
Zestimate® history
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List your homeWhat's special
Two-car garagePrivate flat parcelFull kitchenBuilt-in barbecue and fireplaceLarge shopOne-bedroom plus officePrivate outdoor living space
Zillow last checked:
Listing updated:
Listed by:
Michele Colombo DRE #01483985 916-276-2360,
eXp Realty of Northern California, Inc.
Bought with:
Heather Vigil, DRE #02141788
eXp Realty of Northern California, Inc
Source: MetroList Services of CA,MLS#: 225123449Originating MLS: MetroList Services, Inc.
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Dining room
- Features: Formal Area
Kitchen
- Features: Breakfast Area, Pantry Cabinet, Granite Counters, Slab Counter, Stone Counters
Heating
- Central, Fireplace(s)
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Included: Free-Standing Gas Range, Dishwasher, Disposal, Microwave
- Laundry: Inside Room
Features
- Flooring: Carpet, Laminate, Stone, Tile
- Number of fireplaces: 3
- Fireplace features: Outside, Raised Hearth, Family Room, Stone
Interior area
- Total structure area: 0
- Total interior livable area: 3,008 sqft
Property
Parking
- Total spaces: 4
- Parking features: Attached
- Attached garage spaces: 4
Features
- Levels: Two
- Stories: 2
- Exterior features: Outdoor Kitchen, Outdoor Grill
- Fencing: Back Yard
Lot
- Size: 1.8 Acres
- Features: Private, Landscape Back, Landscape Front
- Topography: Level,Trees Many,Level,Trees Many
Details
- Additional structures: Workshop
- Parcel number: 048290040000
- Zoning: RES
- Special conditions: Offer As Is,Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Frame
- Foundation: Raised, Concrete, Slab
- Roof: Spanish Tile,Tile
Condition
- Year built: 1977
Utilities & green energy
- Electric: 220 Volts in Laundry
- Sewer: Septic Connected
- Water: Public
- Utilities for property: Cable Available, Public
Community & HOA
Location
- Region: Granite Bay
Financial & listing details
- Price per square foot: $427/sqft
- Tax assessed value: $1,285,000
- Price range: $1.3M - $1.3M
- Date on market: 9/20/2026
Price history
| Date | Event | Price |
|---|---|---|
| 10/6/2025 | Sold | $1,285,000-4.8%$427/sqft |
Source: MetroList Services of CA #225123449 Report a problem | ||
| 9/24/2025 | Pending sale | $1,350,000$449/sqft |
Source: MetroList Services of CA #225123449 Report a problem | ||
| 9/20/2025 | Listed for sale | $1,350,000$449/sqft |
Source: MetroList Services of CA #225123449 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $1,285,000 +177.6% |
| 2025 | $4,873 +1.3% | $462,954 +2% |
| 2024 | $4,810 +2.1% | $453,877 +2% |
| 2023 | $4,712 -0.3% | $444,979 +2% |
| 2022 | $4,726 +7.3% | $436,255 +7.5% |
| 2021 | $4,404 +17% | $406,000 +18.4% |
| 2020 | $3,766 | $342,888 -0.5% |
| 2019 | $3,766 +5.3% | $344,466 +5.8% |
| 2018 | $3,576 +0.7% | $325,506 +3.3% |
| 2017 | $3,552 +10.5% | $315,136 +10.4% |
| 2016 | $3,214 +7.7% | $285,493 +7.3% |
| 2015 | $2,983 +4.6% | $266,000 +5.1% |
| 2014 | $2,851 | $253,000 +18.2% |
| 2013 | -- | $214,000 +4.4% |
| 2012 | -- | $205,000 -3.1% |
| 2011 | -- | $211,611 |
| 2010 | -- | $211,611 -9.4% |
| 2009 | -- | $233,686 -9.2% |
| 2008 | -- | $257,303 -25.5% |
| 2007 | -- | $345,560 +2% |
| 2006 | -- | $338,785 +219.2% |
| 2005 | -- | $106,143 +2% |
| 2004 | -- | $104,063 +1.9% |
| 2003 | -- | $102,157 +2% |
| 2002 | -- | $100,155 +2% |
| 2001 | -- | $98,192 +2% |
| 2000 | -- | $96,268 |
Find assessor info on the county website
Neighborhood: 95746
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Nearby schools
GreatSchools rating
- 9/10Ridgeview Elementary SchoolGrades: 4-6Distance: 1.5 mi
- 9/10Willma Cavitt Junior High SchoolGrades: 7-8Distance: 0.7 mi
- 10/10Granite Bay High SchoolGrades: 9-12Distance: 1.7 mi
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Estimated market value
$1,302,700
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,302,700
- California
- Placer County
- Granite Bay
- 95746
- 8888 Fargo Ln
