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Previous Description:
Fire-Damaged Opportunity in Established Rancho Cordova Neighborhood! Located at 3032 Ramsgate Way, this 3-bedroom, 2-bathroom home presents a rare opportunity for experienced investors, contractors, and rehabilitation specialists seeking a substantial renovation project. The property has sustained extensive fire damage and will require significant repairs, reconstruction, and due diligence. This is not a cosmetic fixer and should only be considered by qualified, competent buyers with the resources, expertise, and vision necessary to undertake a major restoration effort. Situated in a well-established residential neighborhood, the property benefits from Rancho Cordova's convenient access to shopping, dining, parks, and recreational amenities, including nearby Hagan Community Park and the American River Parkway. Commuters will appreciate proximity to Highway 50, light rail stations, and major employment centers throughout the Sacramento region. With strong underlying location fundamentals and considerable upside potential, this property offers a unique chance to redevelop and reposition an asset in one of the area's established communities. Property is being sold strictly as-is.
Updated Description:
Fire-Damaged Opportunity in Established Rancho Cordova Neighborhood! Located at 3032 Ramsgate Way, this 3-bedroom, 2-bathroom home presents a rare opportunity for experienced investors, contractors, and rehabilitation specialists seeking a substantial renovation project. The property has sustained extensive fire damage and will require significant repairs, reconstruction, and due diligence. This is not a cosmetic fixer and should only be considered by qualified, competent buyers with the resources, expertise, and vision necessary to undertake a major restoration effort. Situated in a well-established residential neighborhood, the property benefits from Rancho Cordova's convenient access to shopping, dining, parks, and recreational amenities, including nearby Hagan Community Park and the American River Parkway. Commuters will appreciate proximity to Highway 50, light rail stations, and major employment centers throughout the Sacramento region. With strong underlying location fundamentals and considerable upside potential, this property offers a unique chance to redevelop and reposition an asset in one of the area's established communities. Property is being sold strictly as-is. On September 22, 2026 at 1:30 p.m. there will be a Court confirmation and overbid hearing at the Sacramento Superior Court, Tani G. Cantil-Sakuaye Courthouse. The opening bid will be $220,000, and bidders must prequalify by (1) signing the Overbid Rules (2) tendering a $6,000 deposit, and (3) providing proof of funds. All non-winning bidders will have their deposits refunded.
