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 $4,947/mo*
$804,000
Last Sold: Jun 26, 2026
1% over list $799K
$352/sqft
Est. Refi. Payment $4,947/mo*
4 Beds
3 Baths
2,285 sqft
(on 0.28 acres)
Home Value
Trulia Estimate
$807KSince last month
Decreased$3K (-0.4%)Since last year
Increased$78K (+10.8%)Since last sale
Decreased$3K (-0.3%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +48% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $801K |
| July 2026 | $805K |
| June 2026 | $804K |
| May 2026 | $750K |
| April 2026 | $733K |
| March 2026 | $745K |
| February 2026 | $731K |
| January 2026 | $706K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.23 | Single-Family Home | $845,000 | 08/12/26 | 4 | 4 | 2,250 | |
0.25 | Single-Family Home | $706,000 | 12/31/25 | 4 | 3 | 2,261 | |
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 | |
0.15 | Single-Family Home | $598,000 | 07/31/26 | 4 | 2 | 1,830 | |
0.30 | Single-Family Home | $1,200,000 | 02/09/26 | 3 | 3 | 2,438 | |
0.31 | Single-Family Home | $835,000 | 06/15/26 | 4 | 3 | 2,515 | |
0.47 | Single-Family Home | $740,000 | 06/17/26 | 3 | 3 | 2,010 | |
0.22 | Single-Family Home | $710,000 | 12/04/25 | 3 | 2 | 1,567 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.07 | - | - | - | - | Off Market | |
0.07 | $688,000 | 5 | 2 | 2,714 | Off Market | |
0.08 | $706,400 | 5 | 3 | 2,394 | Off Market | |
0.08 | $703,300 | 3 | 2 | 1,785 | Off Market | |
0.15 | $598,000 | 4 | 2 | 1,830 | Recently Sold | |
0.11 | $625,200 | 3 | 2 | 1,785 | Off Market | |
0.11 | $679,700 | 3 | 2 | 1,785 | Off Market | |
0.16 | $691,000 | 3 | 2 | 2,191 | Off Market | |
0.13 | $602,300 | 4 | 2 | 1,631 | Off Market | |
0.12 | $795,000 | 5 | 4 | 2,086 | Off Market | |
0.13 | $702,900 | 3 | 2 | 1,785 | Off Market |
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1978
Lot Size
0.28 acres
Living Area
2,285 sqft
Price/Sqft
$352/sqft
Parking
2 Car Garage
HOA
None
About this House
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 $806,800, with a rent estimate of $3,495/month.
Last check for updates: about 9 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
Home Details for 5016 Olive Oak Way
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MLS Status: Closed |
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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 |
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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 |
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Year Built Year Built: 1978 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Ranch |
Building Construction Materials: Frame, WoodNot Attached Property |
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Price List Price: $799,000Price Per Sqft: $352/sqft |
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Direction & Address City: Carmichael |
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Association for this Listing: MetroList Services, Inc. |
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Lot Area: 0.28 acres |
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Special Conditions: Standard |
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Mobile Home Park Mobile Home Units: Feet |
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Mls Number: 226069799 |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jun 26, 2026 Source: MetroList Services of CA #226069799 | Sold | $804,000 |
Jun 6, 2026 Source: MetroList Services of CA #226069799 | Pending | $799,000 |
Jun 2, 2026 Source: MetroList Services of CA #226069799 | Listed For Sale | $799,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2026 | Unavailable | $275,682 |
Home facts updated by county records
Market trends in Carmichael
Last updated July 2026
Avg. sale price
$591K
$9.83KMoM
Sale-to-List Price
100.0%
0.2%MoM
Price per sq ft
$339
$5MoM
Available listings
195
4MoM
Around this home
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
Frequently asked questions about 5016 Olive Oak Way
- What is 5016 Olive Oak Way estimated to be worth?Trulia's estimated value for 5016 Olive Oak Way in Carmichael, CA is $806,800.
- What is the price history for 5016 Olive Oak Way?5016 Olive Oak Way in Carmichael, CA last sold for $804,000 in June 2026.
- Is Carmichael a buyer's or seller's market?Carmichael is currently a seller's market, based on recent for-sale activity.
- What's the median sale price in Carmichael?The median sale price in Carmichael is $591K. That is up $9.83K from the prior month.
- Does 5016 Olive Oak Way have air conditioning?Yes, 5016 Olive Oak Way in Carmichael, CA has air conditioning.
- Does 5016 Olive Oak Way have a pool?Yes, 5016 Olive Oak Way in Carmichael, CA has a pool.