5016 Olive Oak Way
Carmichael, CA 95608
- 4 Beds
- 3 Baths
- 2,285 sqft (on 0.28 acres)
$804,000
Last Sold: Jun 26, 2026
1% over list $799K
$352/sqft
Est. Refi. Payment $4,905/mo*
$804,000
Last Sold: Jun 26, 2026
1% over list $799K
$352/sqft
Est. Refi. Payment $4,905/mo*
4 Beds
3 Baths
2,285 sqft
(on 0.28 acres)
Local Information
-- mins to
Description
Welcome to 5016 Olive Oak Way, a beautifully updated 4-bedroom, 2.5-bath home offering approximately 2,285 square feet on a spacious quarter-acre lot in one of Carmichael's most desirable established neighborhoods Maddox Ranch. Just minutes from the American River Parkway, parks, and everyday conveniences, this home blends quality craftsmanship, thoughtful updates, and an incredible backyard retreat. Inside, you'll find rich hardwood flooring, fresh interior paint, new carpet, and updated luxury vinyl plank flooring. Natural light fills the home, creating a warm and inviting atmosphere throughout. The remodeled and expanded kitchen is designed for both everyday living and entertaining, featuring custom cabinetry, a Thermador induction cooktop, convection oven, built-in Sub-Zero refrigerator, and a separate Sub-Zero freezerdelivering both function and high-end performance. The spacious layout offers multiple living and gathering areas, while the primary suite provides a comfortable retreat with outdoor access Additional features include a whole house fan for energy efficiency and two tankless water heaters for added convenience. Step outside to your own backyard oasis. The PebbleTec pool with waterfall and built-in jet seating creates a resort-style setting, surrounded by mature landscaping and plenty of space to relax or entertain. Garden enthusiasts will appreciate the established fruit trees, including avocado, blueberry, Fuji apple, Bartlett pear, and satsuma mandarin, along with raised garden beds and a drip irrigation system for easy year-round growing. Located in a quiet neighborhood with access to scenic trails along the American River Parkway, this home offers a rare combination of comfort, upgrades, and outdoor living in a prime Carmichael location.
5016 Olive Oak Way, Carmichael, CA 95608 is a 4 bedroom, 3 bathroom, 2,285 sqft single-family home built in 1978. It last sold for $804,000 on Jun 26, 2026 (1% above the $799,000 asking price). It is currently off market. The Trulia Estimate is $804,100, with a rent estimate of $3,330/month.
Home Highlights
Parking
2 Car Garage
Outdoor
Pool
A/C
Heating & Cooling
HOA
None
Price/Sqft
$352/sqft
Listed
37 days ago
Home Details for 5016 Olive Oak Way
|
|---|
MLS Status: Closed |
|
|---|
Interior Details Number of Rooms: 4Types of Rooms: Master Bedroom, Master Bathroom, Dining Room, Kitchen |
Beds & Baths Number of Bedrooms: 4Number of Bathrooms: 3Number of Bathrooms (full): 2Number of Bathrooms (partial): 1 |
Dimensions and Layout Living Area: 2285 Square Feet |
Appliances & Utilities Utilities: Public, ElectricAppliances: Built-In Electric Oven, Built-In Electric Range, Built-In Freezer, Built-In Refrigerator, Range Hood, Dishwasher, Disposal, Microwave, Self Cleaning Oven, Tankless Water Heater, See RemarksDishwasherDisposalLaundry: Laundry Room,Cabinets,Inside RoomMicrowave |
Heating & Cooling Heating: Central,Fireplace(s)Has CoolingAir Conditioning: Ceiling Fan(s),Whole House FanHas HeatingHeating Fuel: Central |
Fireplace & Spa Number of Fireplaces: 2Fireplace: Brick, Living Room, Family Room, Gas LogHas a Fireplace |
Windows, Doors, Floors & Walls Flooring: Carpet, Laminate, Wood |
Levels, Entrance, & Accessibility Floors: Carpet, Laminate, Wood |
|
|---|
Exterior Home Features Roof: CompositionFencing: WoodFoundation: RaisedHas a Private Pool |
Parking & Garage Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageHas an Attached GarageParking Spaces: 2Parking: Attached,Garage Door Opener,Garage Faces Front |
Pool Pool: In Ground, Black Bottom, Fenced, GunitePool |
Frontage Road Surface Type: Chip And Seal |
Water & Sewer Sewer: Public Sewer |
|
|---|
Year Built Year Built: 1978 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Ranch |
Building Construction Materials: Frame, WoodNot Attached Property |
|
|---|
Price List Price: $799,000Price Per Sqft: $352/sqft |
|
|---|
|
|---|
Direction & Address City: Carmichael |
|
|---|
Association for this Listing: MetroList Services, Inc. |
|
|---|
Lot Area: 0.28 acres |
|
|---|
Special Conditions: Standard |
|
|---|
Mobile Home Park Mobile Home Units: Feet |
|
|---|
Mls Number: 226069799 |
Last check for updates: about 16 hours ago
Listed by Jacob DaRosa DRE #01704082, (916) 402-5786
Keller Williams Realty
Bought with: Steve Galster DRE #01325532, (916) 718-1471, Re/Max Gold Fair Oaks
Originating MLS: MetroList Services, Inc.
Source: MetroList Services of CA, MLS#226069799
Price History for 5016 Olive Oak Way
| Date | Price | Event | Source |
|---|---|---|---|
| 06/26/2026 | $804,000 | Sold | MetroList Services of CA #226069799 |
| 06/06/2026 | $799,000 | Pending | MetroList Services of CA #226069799 |
| 06/02/2026 | $799,000 | Listed For Sale | MetroList Services of CA #226069799 |
Market trends in Carmichael
Last updated May 2026
Avg. sale price
$561K
$13.33KMoM
Sale-to-List Price
100.2%
0.3%MoM
Price per sq ft
$323
$2MoM
Available listings
206
14MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $3,217 |
| Assessment | $270,277 |
Home facts updated by county records
Comparable Sales for 5016 Olive Oak Way
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.21 | Single-Family Home | $825,000 | 07/21/25 | 4 | 3 | 2,261 | |
0.25 | Single-Family Home | $747,500 | 08/01/25 | 4 | 3 | 2,347 | |
0.25 | Single-Family Home | $706,000 | 12/31/25 | 4 | 3 | 2,261 | |
0.27 | Single-Family Home | $885,000 | 07/21/25 | 4 | 3 | 1,881 | |
0.25 | Single-Family Home | $1,050,000 | 05/27/26 | 4 | 4 | 2,534 | |
0.42 | Single-Family Home | $775,000 | 12/31/25 | 4 | 3 | 2,186 | |
0.30 | Single-Family Home | $1,200,000 | 02/09/26 | 3 | 3 | 2,438 | |
0.49 | Single-Family Home | $939,000 | 08/13/25 | 4 | 3 | 1,977 | |
0.47 | Single-Family Home | $740,000 | 06/17/26 | 3 | 3 | 2,010 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 5016 Olive Oak Way.
What Locals Say about Carmichael
At least 477 Trulia users voted on each feature.
87 % Say it's dog friendly
84 % Say car is needed
77 % Say parking is easy
75 % Say there are sidewalks
73 % Say yards are well-kept
68 % Say there's holiday spirit
62 % Say it's walkable to grocery stores
61 % Say it's quiet
56 % Say it's walkable to restaurants
56 % Say they plan to stay for at least 5 years
56 % Say kids play outside
51 % Say neighbors are friendly
48 % Say people would walk alone at night
47 % Say there's wildlife
39 % Say streets are well-lit
27 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections