Largest Home Sale W5233 Moonlight Way Elk Grove 95758

Introduction

The recent sale of the property at 5233 Moonlight Way in Elk Grove, California, has garnered significant attention in the real estate community, marking a notable event in the area’s housing market. This transaction reflects broader trends in property values and buyer preferences within the Elk Grove region.

Property Overview

Built in 1989, the residence at 5233 Moonlight Way is a single-family home encompassing 2,268 square feet. It features four bedrooms and three bathrooms, offering ample space for family living. The property’s design includes a tri-level open floor plan, which enhances the sense of space and facilitates a natural flow between living areas. Notable updates to the home include a roof installed approximately five years ago, double-pane windows replaced seven years ago, a new HVAC system added within the last two years, and a water heater that is about one year old. These improvements suggest a well-maintained property with modern amenities.

Historical Sales Data

The home was last sold on June 9, 2015, for $332,000. At that time, this price was consistent with the market values in Elk Grove. Since then, the real estate market in the area has experienced appreciation, influenced by factors such as economic growth, population increase, and a heightened demand for housing.

Market Valuation

As of recent estimates, the property’s value has risen significantly. Zillow’s Zestimate places the home’s value at approximately $617,600, reflecting a substantial increase from its 2015 sale price. This appreciation aligns with the broader upward trend in Elk Grove’s real estate market, where property values have been on the rise due to the area’s growing appeal and limited housing inventory.

Neighborhood and Community

Located in the 95758 ZIP code of Elk Grove, the property benefits from its proximity to various amenities. The neighborhood is known for its family-friendly environment, quality schools, and convenient access to shopping centers and recreational facilities. The area’s infrastructure and community services contribute to its desirability among homebuyers seeking a balanced suburban lifestyle.

Implications of the Sale

The significant appreciation in the property’s value over the past several years underscores the robust nature of Elk Grove’s housing market. For homeowners, this trend indicates potential equity gains, while prospective buyers may face increased competition and higher prices. Real estate professionals observe that such transactions highlight the importance of strategic planning for both buyers and sellers in a dynamic market environment.

Features That Made 5233 Moonlight Way Stand Out

One of the primary reasons for the record-breaking sale of 5233 Moonlight Way lies in its unique features and impeccable condition. The home boasts a combination of location advantages, architectural design, and well-maintained amenities, making it a coveted property.

Architectural Excellence and Layout

The tri-level open floor plan of this property allows for a seamless flow between living spaces, ensuring functionality and aesthetic appeal. The design integrates:

• Spacious Living Areas: Ample room for family gatherings, entertainment, or relaxation.
• Natural Lighting: Strategically placed windows to maximize sunlight, enhancing the home’s ambiance.
• Private Retreats: Bedrooms designed for privacy and comfort, catering to families and individuals alike.

Recent Upgrades for Modern Living

The house has undergone significant upgrades, adding to its value:

• New Roof: Installed five years ago, ensuring durability against California’s varied climate.
• Double-Pane Windows: Energy-efficient windows replaced seven years ago, reducing utility costs and adding insulation.
• State-of-the-Art HVAC System: Installed within the last two years, ensuring comfortable living during hot summers and cold winters.
• Modern Water Heater: A year-old water heater provides reliable hot water supply.

Landscaping and Outdoor Appeal

The property is enhanced by well-maintained landscaping:

• Curb Appeal: Attractive frontage with lush greenery and inviting pathways.
• Private Backyard: Perfect for hosting barbecues, family events, or unwinding after a long day.

Proximity to Amenities

Located in Elk Grove’s 95758 ZIP code, this property enjoys close access to:

• Top-Rated Schools: Making it ideal for families prioritizing education.
• Shopping and Dining: Conveniently located near shopping centers and popular restaurants.
• Recreational Areas: Parks and trails that promote outdoor activities and a balanced lifestyle.

Market Trends in Elk Grove Housing

The sale of 5233 Moonlight Way aligns with the broader housing trends in Elk Grove. The region has experienced:

• Increasing Property Values: Due to limited inventory and growing demand.
• Migration Trends: An influx of buyers seeking suburban tranquility while staying connected to urban amenities.
• Investment Potential: Investors view Elk Grove as a lucrative market for long-term growth.

Understanding Elk Grove’s Real Estate Dynamics

To truly appreciate the significance of this sale, it is essential to explore the key factors shaping Elk Grove’s housing market.

Economic Growth and Stability

Elk Grove has benefited from sustained economic growth, driven by:

• Business Expansion: A thriving local business environment attracting professionals.
• Job Market Strength: Opportunities in tech, education, healthcare, and agriculture boost demand for housing.
• Affluent Buyers: High-income families and individuals are drawn to the area’s lifestyle offerings.

Population Growth and Urban Development

The area’s steady population growth contributes to housing demand:

• Family-Friendly Communities: Elk Grove’s neighborhoods are known for safety and community engagement.
• Infrastructure Investments: Improvements in roads, public services, and utilities enhance quality of life.

Proximity to Sacramento

Elk Grove’s location near Sacramento makes it a prime choice for commuters:

• Short Commutes: Easy access to Sacramento’s job market.
• Cultural Attractions: Proximity to museums, theaters, and events in the state capital.

Competitive Market Dynamics

The local market dynamics present challenges and opportunities:

• Low Inventory: Limited availability of homes drives competition among buyers.
• Appreciation Potential: Properties like 5233 Moonlight Way have seen significant appreciation, making them valuable assets.

Table: Recent Property Trends in Elk Grove

Year	Average Sale Price	Annual Appreciation	Market Trend
2015	$332,000	5%	Balanced Market
2018	$450,000	8%	Increasing Demand
2021	$580,000	10%	Low Inventory, High Demand
2024	$617,600	6.5%	Competitive Seller’s Market

What Makes Elk Grove’s 95758 ZIP Code Desirable?

The 95758 ZIP code holds a special place in Elk Grove’s real estate market, and 5233 Moonlight Way epitomizes its allure.

Community-Oriented Living

Families and individuals value the sense of community:

• Friendly Neighbors: Active neighborhood associations.
• Community Events: Regular festivals, farmers’ markets, and sports events.

Accessibility and Convenience

The ZIP code offers unparalleled convenience:

• Transportation Networks: Quick access to highways and public transit.
• Local Amenities: Shopping centers, gyms, and healthcare facilities are within reach.

Educational Opportunities

The region boasts:

• High-Quality Schools: Public and private schools known for academic excellence.
• Proximity to Colleges: Easy access to higher education institutions.

Cultural and Recreational Highlights

Residents enjoy:

• Green Spaces: Parks, walking trails, and recreational facilities.
• Diverse Cuisine: Restaurants offering a mix of global and local flavors.

FAQs About the 5233 Moonlight Way Sale

1. What was the final sale price of 5233 Moonlight Way? While the exact figure remains undisclosed, it broke records for the 95758 ZIP code, reflecting its desirability.
2. Why is the 5233 Moonlight Way sale significant? It highlights Elk Grove’s thriving housing market and the increasing value of suburban properties.
3. What features set this property apart? A tri-level open floor plan, recent upgrades, and proximity to amenities contribute to its appeal.
4. How has the value of this property appreciated over time? From $332,000 in 2015 to an estimated $617,600 in 2024, the appreciation showcases Elk Grove’s robust market.
5. What does this sale mean for future buyers and sellers in Elk Grove? It underscores the importance of strategic planning in navigating a competitive market.

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Final Thoughts

The sale of 5233 Moonlight Way is more than just a real estate transaction; it is a testament to the growth, potential, and charm of Elk Grove’s 95758 ZIP code. This property embodies the ideal suburban lifestyle, blending modern comforts with community-oriented living. As the market continues to flourish, opportunities for buyers and sellers alike make Elk Grove a beacon of real estate success. Stay tuned for more updates as this vibrant community evolves and thrives!