No sale has pushed the Fair Oaks community over the $4 million threshold \u2014 a psychological line that signals ultra-luxury in the Sacramento region that is now crossed with increasing frequency.<\/p>\n
\u201cA few years back, $4 million was a big threshold for the Sacramento region, but these days it\u2019s more common,\u201d Sacramento appraiser and housing analyst Ryan Lundquist<\/a> said in an email.<\/p>\n Since 2020, the region has seen 41 sales above $4 million on the Multiple Listing Service. Fair Oaks has not that mark, but it\u2019s only a matter of time, Lundquist said.<\/p>\n Sacramento County has been home to 15.5% of the region\u2019s sales of more than $4 million since 2020, compared to Placer at 65.5%, El Dorado at nearly 14%, and Yolo at about 5%.<\/p>\n The listing itself reads like a wish list for the upper tier of California buyers who want Northern California scenery without Bay Area price tags.<\/p>\n \u201cThis property is perched right along the American River,\u201d Lundquist said. \u201cHomes with river views in Fair Oaks Village don\u2019t come up for sale very often. There have only been three MLS sales adjacent to the river over the past decade.\u201d<\/p>\n That scarcity is a big part of the story: In 10 years, only three homes on the river in the coveted pocket have changed hands through MLS.<\/p>\n The owner, a well-established Sacramento home-services contractor, built the house in 2016.<\/p>\n Described as a \u201conce-in-a-lifetime opportunity in Fair Oaks\u2019 prime riverfront location,\u201d the estate will test how far buyers \u2014 and the Fair Oaks market \u2014 are willing to go.<\/p>\n \u201cIt is really the primo spot,\u201d listing agent Angela Gitt of Windemere Real Estate<\/a> said. \u201cYou can see beautiful sunset views, of course, looking downstream, but then incredible sunrise views upstream as well.\u201d<\/p>\n The marketing language leans all the way into the theatrics of its setting: \u201cDramatically perched above the American River with incredible river (and) parkway views both up and down stream, yet tucked away from busy streets in your own \u2026 gated sanctuary!\u201d<\/p>\n There\u2019s history here, too.<\/p>\n \u201cThe very first home in Fair Oaks was built in this location,\u201d Gitt said.<\/p>\n The old 4,680-square-foot Victorian manor on the property<\/a> was built from 1899 to 1900 by wealthy Chicago clothier George Straith, who moved to Fair Oaks to retire.<\/p>\n \u201cIt\u2019s now been moved back away from the bluff to make room for these (newer) houses, but I think that\u2019s really cool, because, if you\u2019re the first developer you\u2019re going to pick the best spot in all of Fair Oaks,\u201d Gitt said.<\/p>\n The home\u2019s glass-and-stone architecture overlooks one of the region\u2019s defining natural corridors. The sales pitch hits squarely at the lifestyle that commands top dollar in today\u2019s high-end market.<\/p>\n \u201cThis majestic \u2026 beautifully designed newer home blends the latest modern style (and) finishes with state-of-the-art energy efficiency\u201d the listing states.<\/p>\n Open-concept living, now a baseline expectation in luxury construction, is elevated into a selling point, as well: \u201cTruly designed for today\u2019s lifestyle, the spacious great room is the heart of the home with expansive travertine floors (and) walls of windows to take in the spectacular views,\u201d the property listing says.<\/p>\n The great room \u2014 with the river as a backdrop \u2014 is anchored by a custom entertainer\u2019s bar and built-ins, a cozy gas fireplace and a hydraulic hideaway television.<\/p>\n In the kitchen, the listing speaks directly to buyers who expect restaurant-quality equipment at home: gas range, built-in refrigerator, dual dishwashers, roomy pantry, prep area and an in-wall espresso machine.<\/p>\n The layout telegraphs multigenerational and flexible living. The main living areas and bedrooms are on one level, with a family room, separate bedroom and bath suite \u2014 a good set-up for multi-generational housing needs.<\/p>\n Upstairs, the primary bedroom is positioned as a private retreat: The property description notes the luxury primary bath with jetted tub, dual vanities, walk-in closet and \u201cthe best walk-in shower view you\u2019ve ever seen.\u201d<\/p>\n Outside, the property chases resort status.<\/p>\n \u201cA backyard that feels like a resort-style getaway with an outdoor kitchen (and) bar, sparkling salt water pool plus spa and a built-in fire pit,\u201d the description states.<\/p>\n There\u2019s also a five-car garage.<\/p>\n \u201cIt feels like a very comfortable home the way it\u2019s laid out for entertaining but not feeling like a big, empty box,\u201d Gitt said. \u201cIt really has a good flow to it and a good feel. They designed it purposefully for the views and to live like a nice, comfortable home.\u201d<\/p>\n The 5,000-square-foot home on a one-acre lot overlooking the American River in Fair Oaks has an asking price of $4.5 million. Shot Archives On the cusp of $4 million<\/p>\n
The home on what\u2019s considered the best lot in all of Fair Oaks features five bedrooms and five baths. Shot Archives \u2018Primo spot\u2019<\/p>\n
The backyard feels like a resort getaway. Shot Archives Open-concept floor plan<\/p>\n
An open-concept floor plan and state-of-the-art efficiency is what high-end owners crave. The great room has an entertainer\u2019s bar, cozy gas fireplace and hydralic hideaway TV. Shot Archives <\/p>\n
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