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$725,000

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 2 Full Baths
  • 1 Partial Bath
  • 3,052 Sq. Ft.
  • 3 Car Garage
  • Updated 12 days ago
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BIG updates + BIG space + BIG lot! Peace of mind starts here at 5040 Alterra Way with newer plumbing + water heater (2025), a newer heating & cooling system including insulation (2022), and a clear Section 1 termite report. Some of the biggest and most important items are already taken care of, giving you the freedom to focus on making the home your own. And there's plenty of room to work with! This 3,052 sq. ft. SINGLE-STORY home offers 4 bedrooms, 2.5 bathrooms, a 3-car garage, and sits on an impressive nearly 1/4-acre lot: a combination that's getting harder to find. Inside, the oversized great room is truly the heart of the home, with high ceilings, an open-concept kitchen, and tons of space for everyday living, movie nights, entertaining, or gathering with family and friends. The generous floor plan gives everyone room to spread out while keeping the main living areas connected. The home also features fresh interior paint and newer carpet, giving it a clean, comfortable feel from the moment you walk in. There's still an opportunity to add your own cosmetic touches and style, but with the major systems and some key updates already addressed, you can start with a solid foundation. If you've been looking for a LOT of house, a LOT of yard, and the peace of mind that comes with important recent updates, 5040 Alterra Way deserves a spot on your list. Come see all the possibilities for yourself!

Full Property Details for 5040 Alterra Way

General

  • Price: $725,000
  • HOA FEE: $91/month
  • Status: Active
  • Type: Single Family
  • Source: METROLIST_Cali
  • MLS ID: 226077156
  • Updated: 9/2/2026
  • Added to Site: 12 day(s) ago

Interior

  • Interior Features: Cathedral Ceiling
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Fireplace Insert, Raised Hearth, Family Room, Stone, Gas Piped
  • Appliances: Free Standing Gas Range, Free Standing Refrigerator, Gas Cook Top, Hood Over Range, Ice Maker, Dishwasher, Disposal, Microwave, Double Oven, Free Standing Gas Oven
  • Flooring: Carpet, Tile

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathroom Features: Shower Stall(s), Double Sinks, Soaking Tub, Stone, Tile, Window
  • Primary Bathroom: Shower Stall(s), Double Sinks, Soaking Tub, Stone, Tile, Window

Bedrooms

  • Total Bedrooms: 4
  • Primary Bedroom: Closet, Ground Floor, Walk-In Closet, Outside Access, Sitting Area

Other Rooms

  • Kitchen: Breakfast Area, Pantry Closet, Island, Stone Counter, Island w/Sink, Kitchen/Family Combo
  • Dining Room: Breakfast Nook, Dining Bar, Dining/Family Combo, Space in Kitchen, Formal Area
  • Laundry: Cabinets, Dryer Included, Electric, Washer Included, Inside Area, Inside Room

Additional Information

  • Shared Amenities: Barbeque, Playground, Pool, Clubhouse, Recreation Facilities, Gym

Exterior

  • Exterior Features: Covered Courtyard

Parking

  • Garage: Yes
  • Garage Spaces: 3
  • Parking: Attached, Garage Door Opener, Garage Facing Front, Guest Parking Available

Location

  • County: Sacramento
  • Cross Streets: Aimwell
  • Driving Directions: Use your favorite mapping device.

School Information

  • School District: Sacramento
  • Elem School District: Natomas Unified
  • Midd School District: Natomas Unified
  • High School District: Natomas Unified

Community

  • Association: Yes
  • Home Owners Assn.: 1
  • Assoc. Fees Include: MaintenanceGrounds, Pool
  • Pets Allowed: Yes

Heating & Cooling

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

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Public, Electric, Sewer In & Connected, Natural Gas Connected

Structural Information

  • Architectural Style: One Story
  • Construction: Concrete, Stucco, Wood
  • Basement: Yes
  • Foundation: Slab
  • Roof: Tile
  • Windows: Dual Pane Full
  • Stories/Levels: 1
  • Square Feet: 3,052
  • Sq. Ft. Source: Assessor Auto-Fill
  • Year Built: 2002

Additional Structures

  • Other Structures: Pergola, Gazebo, Shed(s)

Lot Features

  • Lot Size (Acres): 0.2318
  • Lot Size (Sq. Ft.): 10,097
  • Road Maintenance: Public Maintained Road
  • Irrigation System: Public District
  • Zoning: R-1-PU
  • Lot Description: Auto Sprinkler F&R, Landscape Back, Landscape Front
  • Fencing (Description): Back Yard, Wood, Fenced

Financial Considerations

  • Association Fee: $91
  • Assoc Fee Freq.: Monthly

Disclosures and Reports

  • Special Conditions: Trust
  • APN: 225-1520-048-0000

Listed by Scott Palmer Real Estate

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Listing agent

— 5040 Alterra Way —

  • Scott Palmer Real Estate

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 5040 Alterra Way

School District:Natomas Unified School District
NameGradesDistance
Natomas Park Elementary School
4700 Crest Drive, Sacramento, CA 95835
K-50.7 mi
Natomas Middle School
3200 North Park Drive, Sacramento, CA 95835
6-82.1 mi
Inderkum High School
2500 New Market Drive, Sacramento, CA 95835
9-121.4 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 5040 Alterra Way Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/02/2026
Listed
$725,000
57.78%
MLS
10/30/2008
Sold
$459,500
—
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 5040 Alterra Way

Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,212
—
$603,542
2%
2025
$8,212
-4%
$591,709
2%
2024
$8,515
4%
$580,108
2%
2023
$8,149
1%
$568,734
2%
2022
$8,055
—
$557,584
2%
2021
$8,067
—
$546,652
1%
2020
$8,059
1%
$541,048
2%
2019
$7,944
4%
$530,440
2%
2018
$7,663
3%
$520,040
2%
2017
$7,460
1%
$509,844
2%
2016
$7,397
6%
$499,848
5%
2015
$6,975
8%
$474,075
5%
2014
$6,462
20%
$451,500
2%
2013
$5,365
—
$441,042
—
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 Scott Palmer Real Estate

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5040 Alterra Way, Sacramento, CA 95835 (MLS# 226077156) is a Single Family property with 4 bedrooms, 2 full bathrooms and 1 partial bathroom. 5040 Alterra Way is currently listed for $725,000 and was received on September 02, 2026. Want to learn more about 5040 Alterra Way? Do you have questions about finding other Single Family real estate for sale in Sacramento Downtown? You can browse all Sacramento Downtown real estate or contact a Coldwell Banker agent to request more information.

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