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$1,125,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 4 Total Beds
  • 1 Car Garage
  • Updated 1 day ago
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Tucked along the American River Parkway, this exceptional Fair Oaks property offers a rare blend of privacy, natural beauty, and architectural character. Set on a lush .510 acre lot, the property features a light-filled two-story main residence alongside a separate 2-bedroom 1-bath guest house (ADU), totaling 3,251 square feet of versatile living space. Inside the home features rarely seen anthroposophical architecture, with on-site crafted trim, woodwork, cabinets, and doors throughout. This unique architectural style provides an environment both relaxing and inspiring within an organically flowing space. The ground floor features open-beam 10-foot wood ceilings. The flowing curves of doorways and archways are mirrored in handmade built-in cabinets, cupboards, and dressers. The kitchen features a sizable walk-in pantry, and upstairs, you will find a spacious walk-in attic. A slate-covered entry porch and upper balcony add to the home's distinctive charm. Designed to accommodate everyday life alongside easy entertaining, the property boasts large raised wooden decks offering wide views of the landscaped gardens. A private lawn featuring several citrus trees sits beside a custom multi-use pool, pebble finished, with underwater lighting, a Sierra rock waterfall, and an expansive patio, all shaded by towering redwoods. Just moments away from Bannister Park, the parklands and scenic trails along the American River with its broad wildlife population, and the Sacramento Waldorf School.

Full Property Details for 3940 Bannister Rd

General

  • Price: $1,125,000
  • Status: Active
  • Type: Multi-Family
  • Source: METROLIST_Cali
  • MLS ID: 226066071
  • Updated: 5/28/2026
  • Added to Site: 1 day(s) ago

Interior

  • Rooms/Areas: Attic, Baths Other, Dining Room, Living Room
  • Appliances: Free Standing Gas Range, Dishwasher, Free Standing Gas Oven
  • Flooring: Carpet, Tile, Wood

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bathroom Features: Tile, Tub with Shower Over
  • Primary Bathroom: Tile, Tub w/Shower Over

Bedrooms

  • Total Bedrooms: 4
  • Primary Bedroom: Walk-In Closet, Sitting Area

Other Rooms

  • Kitchen: Pantry Closet
  • Dining Room: Breakfast Nook, Dining/Living Combo
  • Laundry: Cabinets, Gas Hook-Up, Inside Room

Additional Information

  • Pool: Yes
  • Pool Description: Built-In, On Lot, Lap

Exterior

  • Exterior Features: Balcony

Parking

  • Garage: Yes
  • Garage Spaces: 1
  • Parking: RV Possible, Guest Parking Available, Workshop in Garage

Location

  • County: Sacramento
  • Cross Streets: Fair Oaks Blvd
  • Driving Directions: From Sunrise Blvd and Fair Oaks Blvd, go west on Fair Oaks Blvd to Bannister Rd, turn left, and proceed to the property.

School Information

  • School District: Sacramento
  • Elem School District: San Juan Unified
  • Midd School District: San Juan Unified
  • High School District: San Juan Unified

Heating & Cooling

  • Cooling Type: Ceiling Fan(s), Central
  • Heating Type: Central
  • Heating Fuel: Central

Utilities

  • Sewer: Septic Connected
  • Water: Public
  • Utility Description: Public, Natural Gas Connected

Structural Information

  • Architectural Style: Two Story Craftsman
  • Construction: Frame, Wood
  • Basement: Yes
  • Foundation: Raised
  • Roof: Composition
  • Windows: Dual Pane Full, Window Coverings, Skylight(s)
  • Stories/Levels: 2
  • Square Feet: 2,276
  • Sq. Ft. Source: Assessor Auto-Fill
  • Year Built: 1986

Additional Structures

  • Other Structures: Guest House, Outbuilding

Lot Features

  • Lot Size (Acres): 0.51
  • Lot Size (Sq. Ft.): 22,216
  • Street/Road Desc.: Paved
  • Road Maintenance: Public Maintained Road
  • Irrigation System: Public District, Meter Available
  • Topography: Rolling, Lot Sloped, Trees Many
  • Zoning: RD-2
  • Lot Description: Auto Sprinkler Front, Auto Sprinkler Rear, Landscape Back
  • Fencing (Description): Back Yard

Disclosures and Reports

  • Special Conditions: None
  • APN: 242-0222-035-0000

Listed by Fathom Realty Group, Inc.

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Listing agent

— 3940 Bannister Rd —

  • Fathom Realty Group, Inc.

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 3940 Bannister Rd

School District:San Juan Unified School District
NameGradesDistance
Carmichael Elementary School
6141 Sutter Avenue, Carmichael, CA 95608
K-52 mi
John Barrett Middle School
4243 Barrett Road, Carmichael, CA 95608
6-81.5 mi
Del Campo High School
4925 Dewey Drive, Fair Oaks, CA 95628
9-121.8 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 3940 Bannister Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/28/2026
Listed
$1,125,000
32.35%
MLS
10/24/2020
Sold
$850,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 3940 Bannister Rd

Year
Property Taxes
Change
Tax Assessment
Change
2025
$11,192
4%
$920,066
2%
2023
$10,776
—
$902,026
2%
2023
$10,776
—
$884,340
2%
2022
$10,735
2%
$867,000
2%
2021
$10,535
161%
$850,000
155%
2020
$4,043
3%
$332,886
2%
2019
$3,939
2%
$326,360
2%
2018
$3,851
1%
$319,962
2%
2017
$3,811
7%
$313,689
2%
2016
$3,560
2%
$307,539
2%
2015
$3,498
2%
$302,920
2%
2014
$3,423
-1%
$296,987
—
2013
$3,461
—
$295,646
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Fathom Realty Group, Inc.

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3940 Bannister Road, Fair Oaks, CA 95628 (MLS# 226066071) is a Multi-Family property with units containing 4 bedrooms and 2 full bathrooms. 3940 Bannister Road is currently listed for $1,125,000 and was received on May 28, 2026. Want to learn more about 3940 Bannister Road? Do you have questions about finding other Multi-Family real estate for sale in Fair Oaks? You can browse all Fair Oaks real estate or contact a Coldwell Banker agent to request more information.

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