7724 Teekay Way
Sacramento 95832 · Meadowview · City of Sacramento · Coordinates: 38.47689, -121.47794
Executive Verdict · Public-Records Synthesis
Zoned R-1 in City of Sacramento with likely ADU & SB 9 infill eligibility and zero mapped flood, fire, or fault hazard overlaps; benchmark value $423,000 ($372,000–$474,000).
Upsides & Opportunities
- ✓ ADU & SB 9 infill pathways screen as likely eligible
Zoned R-1 supports ministerial ADU/JADU review plus SB 9 both two-unit development and ministerial urban lot split on a 6,098 sq ft lot.
Source: City of Sacramento zoning · CA Gov. Code 66314 & 65852.21
- ✓ Documented permitted upgrades (+$13,806 contributory est.)
Public building records show issued construction/renovation work on this parcel (3 total permits, latest Jun 10, 2026).
Source: City of Sacramento CDD, Issued Building Permits (Current Year) (parcel APN)
- ✓ Above-average reinvestment in Meadowview
163 substantial renovation & housing permits over 24 months (19.5 per 1,000 parcels vs. 30.4 citywide baseline) (#30 of 102 neighborhoods).
Source: City of Sacramento CDD, Issued Building Permits (Current Year) (Meadowview)
Watchouts & Due Diligence
- ! Mapped flood awareness zone (Zone X: reduced flood risk due to levee)
all of the lot of the parcel intersects Zone X: reduced flood risk due to levee. Outside mandatory federal SFHA insurance rules, but check local drainage and finished-floor requirements.
Source: FEMA National Flood Hazard Layer (parcel polygon)
- ! Delayed or open permit activity on this parcel
Roof replacement (RES-2110930): Issued after 2 mo — slower than 90% of roof replacement permits in City of Sacramento (median 0d, 90th pct 2d, n=19,072).
Source: City of Sacramento CDD, Issued Building Permits (Current Year) (review-time benchmark)
- ! 4 slow or stalled nearby projects within ½ mile
Closest lead: Kenworthy Tentative Map (0.3 mi NW, entitled). Inspect timeline history before assuming near-term completion.
Source: City of Sacramento CDD, Issued Building Permits (Current Year) · HCD APR (½-mile radius)
- ! Year 1 Prop 13 tax reset (~$5,272/yr at $423,000)
Sale triggers reassessment to 1.00% base + ~0.14% voter debt (~$439/mo). Confirm exact Mello-Roos / CFD special assessments on the county tax bill.
Source: CA Const. Art. XIIIA (Prop 13) · County Tax Collector
Parcel & Assessor
- Lot size:
- 6,098 sq ft (0.14 ac)
- Assessor use:
- Residential · Single Family · Subdivision
- Tax rate area:
- 03054
- Addresses on lot:
- 7724 TEEKAY WAY
Zoning & Land Use
R-1 — Single-Unit Dwelling Zone (R)
2040 General Plan: Neighborhood (FAR up to 1)
State Housing Pathways Screen (ADU & SB 9)
- ADU or junior ADULikely eligible
Zoned R-1 (single-family residential): state law allows ADUs where homes are allowed.
- SB 9: two homes on the lotLikely eligible
Zoned R-1, a single-family residential zone.
- SB 9: split into two lotsLikely eligible
Zoned R-1, a single-family residential zone. The lot is 6,098 sq ft by the assessor, room for two lots of at least 1,200 sq ft, each at least 40% of the original.
Mapped Hazard Zones on This Lot
- CAL FIRE Fire Hazard Severity Zone
- Not in a State-mapped fire hazard severity zone
- FEMA National Flood Hazard Layer
- Zone X: reduced flood risk due to levee (all of the lot) · FIRM panel 06067C0305H, effective August 16, 2012
- CGS Alquist-Priolo Earthquake Fault Zone
- Not in an Alquist-Priolo Earthquake Fault Zone
Surrounding Rent & Value Benchmarks (Public Records)
Range: $372,000 – $474,000 · Status: Off market
HUD Small Area FMR (ZIP 95832) · FY 2026
Studio $1,910 · 1BR $2,010 · 2BR $2,470 · 3BR $3,290 · 4BR $3,790
Nearby Activity (½ mile radius, since November 2024)
21 active or recent development projects (21 housing units across completed, permitted, and pipeline stages) and 278 total building permits recorded within ½ mile.
- New construction18 permits (17 units)
- Adds housing (ADU)3 permits (3 units)
- Additions & renovations29 permits
- Building systems214 permits
- Repairs3 permits
- Other11 permits
Developments Deserving Closer Investigation & Active Area Builders
- Roof replacement (RES-2110930) (Finaled)On this parcel
Issued after 2 mo — slower than 90% of roof replacement permits in City of Sacramento (median 0d, 90th pct 2d, n=19,072).
- Kenworthy Tentative Map (Entitled)0.3 mi NW
In "Entitled" for 5.7 yr (since Feb 25, 2021), exceeding the 210d median and 627d 90th percentile for new multifamily / condos / mixed-use permits in City of Sacramento (n=199).
- Accessory dwelling unit at 7660 23rd St (In review)0.32 mi W
In "In review" for 7 mo (since Apr 30, 2026), exceeding the 45d median and 184d 90th percentile for new single-family home permits in City of Sacramento (n=3,657).
- 2262 Craig Ave ADU (Entitled)0.4 mi W
In "Entitled" for 5.3 yr (since Aug 4, 2021), exceeding the 45d median and 184d 90th percentile for new single-family home permits in City of Sacramento (n=3,657).
Entity-resolved builders & contractors in ½ mile: Viceroy Improvement (1 on parcel, 2 in ½ mi · Remodel / interior alteration); Freedom Forever Northern California (1 on parcel, 1 in ½ mi · Solar / battery storage); DR Horton (17 in ½ mi · New single-family home); John F Otto (7 in ½ mi · New commercial / non-residential building); Brown Construction (4 in ½ mi · New multifamily / condos / mixed-use).
Permit & Project History on This Parcel (3 permits, 0 grouped projects)
| Record # | Category | Status | Applied / Issued | Valuation | Description |
|---|---|---|---|---|---|
| RES-2611984 | Solar / battery storage | Finaled | Iss. Jun 10, 2026 | $30,680 | Reviewed by SolarApp+ 4.9kw Solar PV System, 11.5 kw PV Storage System Size and nullgal Solar WH System (water heater in… |
| RES-2608608 | Windows / doors / siding | Finaled | Iss. Apr 30, 2026 | $3,909 | WINDOW CHANGE OUT. REPLACE 6 WINDOWS IN MDU LIKE FOR LIKE. NO STRUCTURAL CHANGES, AN UPGRADE. THE EGRESS WINDOWS WILL ME… |
| RES-2110930 | Roof replacement | Finaled | Iss. Jul 7, 2021 | $6,600 | E-Permit: Tear Off - Yes, Resheet - No, 1 layer(s), 22 squares of 30yr Laminated Dimensional Composition. CRRC: 0890-001… |