4950 Felicia Way, Elk Grove, CA
3 bd · 3 ba · 1,795 sqft Single Family listed at $565,000, built in 1994 in the Country Club Village at Laguna neighborhood.
About this home
Located in the desirable community of Elk Grove, this two-story home offers flexibility for both investors and owner-occupants. Situated in an established neighborhood known for its strong local schools, the property presents an excellent opportunity for those looking to live in or add to their portfolio. Inside, you'll find high ceilings that create an open, airy feel throughout the main living areas. The kitchen features granite countertops, a center island, and ample workspace, flowing easily toward a separate dining room that is ideal for everyday meals or entertaining. Two bedrooms are currently being rented, offering immediate income potential or the option to transition to full owner occupancy. Conveniently located with quick access to both Highway 5 and 99, commuting throughout the region is simple. Everyday amenities are close by, with a variety of nearby restaurants, grocery stores, and shopping options serving the surrounding community.Whether you're seeking a primary residence with built-in income potential or a solid investment opportunity, this home combines location, versatility, and convenience in one attractive package.
What it's like to live here
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Property details
- Price
- $565,000
- Bedrooms
- 3
- Bathrooms
- 3
- Interior
- 1,795 sqft
- Price / sqft
- $315
- Year built
- 1994
- Lot size
- 4,796 sqft
- Type
- Single Family
- Days on market
- 40
- Est. property tax
- $4,238/yr · $353/mo · 0.75% CA avg
- Last sold
- $420,000 · Jun 2020
Estimated monthly payment
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Price history
▼ 4.4%Most recent change on 2026-04-28: $565,000 → $540,000.
- Apr 28, 2026$540,000Price change
- Apr 15, 2026$565,000Price change
- Mar 6, 2026$565,000Initial list price
- Jun 24, 2020$420,000Sold
- Jul 7, 2017$368,900Sold
- May 26, 2017$359,900Initial list price
- Oct 31, 2016$350,000Price change
- Sep 25, 2014$294,000Price change
- Aug 6, 2014$294,000Price change
- Jun 19, 2014$299,000Initial list price
- Nov 3, 2009$300,000Sold
- Sep 29, 1994$153,000Sold
Location
This home is located in Elk Grove, CA, in the Sacramento area. Browse more Elk Grove listings on the Elk Grove market page or explore the full Elk Grove market report.
About Elk Grove: Elk Grove is a city in Sacramento County, California, United States. Located just south of the state capital of Sacramento, it is part of the Sacramento metropolitan area. As of the 2020 Census, the population of the city was 176,124. A 2024 Census estimate puts the population of the city at 182,797. Elk Grove has many wineries, wine cellars, and vineyards. Elk Grove was the fastest-growing city in the U.S. between July 1, 2004, and July 1, 2005, and is also presently the second-largest city in Sacramento County by population. (source: Wikipedia)
Climate: Average year-round temperature is 63°F with 294 dry days per year and 27 inches of annual rainfall.
Home Intelligence
Neighborhood (zip 95758)
This neighborhood is predominantly owner-occupied (71%). Median age is 39.3; 24% hold a bachelor's degree; median household income is $102,306.
- Median income
- $102,306
- Median age
- 39.3
- Owner-occupied
- 70.5%
- Bachelor's degree
- 24.1%
- Census median home value
- $503,100
Source: US Census Bureau American Community Survey 5-year estimates.
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