Granite Bay Home for $12 Million or East Sacramento Home?

675 40th stWho would pay nearly $1,000 per square foot for a home in Sacramento? That’s the question many are wondering, I imagine, when they see the 12,600-foot home once owned by Eddie Murphy in Granite Bay is on the market for $12 million. And let’s not even think about all of the upgrades one would need to do and how much that would cost. Everybody wants to add their own special touch, because a buyer would probably feel compelled to swap those purple marble floors for perky pink and then add that missing bowling alley. All that money adds up.

Like the listing agent says, we should get our heads out of the hard clay soil in Sacramento and look at this from a global perspective. Sheiks, princesses, oil heirs, they could all come running to homes in Granite Bay because, um, it’s so close to Lake Tahoe and let’s not forget, a limousine ride away from the San Francisco airport. All good reasons, as we Sacramentans know, to live in Sacramento.

But if you can’t afford to buy a home in Granite Bay, why not look at a more modest abode? How about a stunning 1941 home that also sits on a hill yet near McKinley Park in East Sacramento? This home is very affordable at $399,000. Think of the money you’ll save. It features 2 spacious bedrooms with hardwood floors, generously large windows, overhead fans and roomy closets. The kitchen is updated, ceramic tile, newer cabinets, a creamy white dishwasher, gas range and free-standing refrigerator, plus there is space for a table and a towel warming drawer, if one so desires.

You’ll discover period tile in the bath, an original tub and a separate shower, including extra storage in both the bath and the hall. This East Sacramento home boasts an indoor laundry room and ?best of all the washer and dryer remain. There is even a sink in the laundry room for heavy duty dirt, perhaps tracked in from the back-yard garden. The lot is deep, and at the back fence line sits a free-standing storage shed. Wait until spring, and you’ll spot many fruit trees in bloom such as orange, lemon, apricot and loquat. A one-car garage is attached for your convenience.

675 40th Street, Sacramento, CA 95819 is offered exclusively by your East Sacramento real estate agent Elizabeth Weintraub at Lyon Real Estate at $399,000. Call 916-233-6759 for a private showing.

Subscribe to Elizabeth Weintraub\'s Blog via email

Sorry we are experiencing system issues. Please try again.