
Long respected by industry for its prime location and strategic advantages,
West Sacramento is increasingly being discovered by new residents
who also realize the city’s locational advantages. Thousands are taking
notice of its riverfront beauty, small town charm, central location
and proximity to the best that the region has to offer. “This
is the nicest piece of real estate in the Sacramento area. The project
overlooks the Sacramento River and is located five minutes from
downtown. We are excited to have the opportunity to build in the
city of West Sacramento, a city we have never built in before.”
Shane Hart, Grupe Co., referring to The Rivers project
Sacramento Business Journal, October 24, 2003
West
Sacramento allows new residents to realize something that most have
only dreamed about – the opportunity to work and live in the same
community. West Sacramento’s residential offerings range from quaint,
historic Queen Anne cottages along the river to established neighborhoods
on tree-lined streets. Thousands are discovering Southport, the
new master-planned residential area in the southern part of the
city. Southport offers residential villages linked to parks and
recreational trails, neighborhood schools and retail services. All
this just minutes away from, even bicycling distance to, employment
centers and the cultural amenities of the Sacramento metro area.
West Sacramento offers an unparalleled combination of riverfront
beauty and location, with home prices from the high $100,000s to
$400,000.
There are four active subdivisions
in the Southport area including Bridgeway Lakes, a community with
610 home sites around a 32-acre man made lake; Newport Estates,
with 807 homesites; Southport Gateway, with 357 home sites; and
Parella I and II, with 252 home sites. Six other major residential
subdivisions are in the planning applications stages: Bridgeway
Lakes 2, with 487 lots and a wildlife pond; Lindenwood, with 176
lots; River Ranch, with 170 lots; and The Rivers, with 900 residential
units.
West Sacramento’s rapidly expanding
housing market includes many new apartment complexes and town homes.
Over 500 new apartments are currently under construction with more
on the way. These will range in price from low and middle income
to luxury apartments.
“With the addition of new
homes at Bridgeway Island, the Sacramento River Cats at Raley Field,
the Ziggurat building and Riverwalk Park area, West Sacramento is
quickly becoming the showcase municipal leaders envisioned when
they pushed the community through incorporation in the late 1980’s.”
John Schleimer, MIRM
Sacramento Bee, July 2001
“…West Sac provides close-in
new housing opportunities: -…an area now called Southport, 7,100
acres south of the Port of Sacramento and west of the Sacramento
River that is rapidly becoming a popular home for new residents
and businesses…will more than double the current population of West
Sacramento from 30,000 to more than 70,000 over the anticipated
15-20 year build-out.”
Sacramento Bee
New Homes Section, July 21, 2001
Median Home
Prices for West Sacramento and Surrounding Areas, December 2001
|
Jurisdiction
|
Median Home
Price |
Number of
Units For Sale |
|
West Sacramento
|
$265,000
|
31
|
|
Sacramento
|
$272,500
|
786
|
|
Davis
|
$367,000
|
67
|
| Capitol Region Rental
Rates |
| Description |
No. of Properties |
No. of Units |
4Q 2003 Vacancy |
4Q 2003 Avg
Rent |
| Sacramento Region |
|
|
|
|
| Downtown Sacramento |
5 |
1,017 |
6% |
$ 1,057 |
| South Natomas-West |
5 |
1,907 |
7% |
$ 1,022 |
| South Natomas-East |
13 |
4,344 |
4% |
$ 877 |
| North Natomas |
4 |
888 |
13% |
$ 1,178 |
| Pocket-Greenhaven |
11 |
1,756 |
6% |
$ 869 |
| Pocket-Riverlake |
9 |
1,674 |
6% |
$ 962 |
| |
|
|
|
|
Yolo County |
|
|
|
|
| West Sacramento |
5 |
798 |
1% |
$ 688 |
| Davis |
29 |
3,866 |
1% |
$ 1,097 |
| Woodland |
5 |
986 |
6% |
$ 848 |
| |
|
|
|
|
Notes: 70+ unit stabilized properties,
unfurnished rent, does not incorporate concessions.
Source: Realfacts, CB Richard Ellis
The next table reflects apartment rental
rates in West Sacramento as of August 2003. Single-family home rentals
are available from $800 to $2,000 per month.
| West Sacramento
Market Rate Rents |
| Unit Type
|
Rent |
| 1BR/1/BA |
$545-675 |
| 2BR/1BA |
$645-775 |
| 3BR/1BA |
$695 |
| 3BR/2BA |
$950-975 |
HOUSING OPPORTUNITIES
A wealth of housing choices exist in the city of West Sacramento,
and within a five to fifteen minute drive, in the cities of Sacramento,
Davis and Woodland. The accompanying map illustrates the location
of the areas described below.
WEST SACRAMENTO
- Southport
Southport offers master planned villages with a view of the
downtown Sacramento skyline to the north and Mount Diablo to
the south. Convenient department store shopping is just a bridge
away in downtown Sacramento, with new retail development currently
under construction at the Southport Town Center. New schools,
neighborhood parks, community bike and walking trails, nature
preserves and wildlife ponds are just some of the amenities
that you will find in our newest neighborhoods. Hundreds of
new homes are available in the four actively selling communities,
with hundreds more on the way in upcoming projects. Nationally
recognized homebuilders such as Morrison Homes, Shea Homes,
Pacific Mountain Partners, Meritage and Reynen & Bardis
feature showcase homes of all sizes and price ranges. Prices
for new homes in the Southport area range from the high $200,000’s
to $400,000.
- Westmore Oaks/State Streets
Established quality neighborhoods in West Sacramento feature
moderate homes on tree-lined streets with a home price median
of $180,000.
- The Rivers
A new community is now in the beginning phases at the former
Lighthouse Marina development. The Grupe Co. has purchased 265
acres that was zoned for mixed use and will transform the long
dormant project into a vital new residential and recreational
area. The company has plans to create an expansive community
park with lakes and a recreation center, a pool, walking paths,
riverfront trails, and a water park. Nine hundred new residents
will call The Rivers home, consisting of 225 condominiums and
675 single-family units. In addition, a new K-8 magnet school
will be built on land donated as part of the development.
- East Sacramento
East Sacramento is one of the region’s most desired and established
neighborhoods, featuring charming bungalows and custom homes
on manicured streets. East Sacramento includes the Fabulous
40’s, one of the most exclusive residential areas, offering
historic mansions for the region’s executives and professionals.
Housing in East Sacramento includes 2,3, and 4 bedroom single-family
homes built in the early to middle 1900’s ranging in price from
$229,999 to $848,000.
- Midtown
Sacramento’s Midtown area, located between Downtown and East
Sacramento, has become the preferred neighborhood for hip young
professionals. Generations X and Y have discovered the neighborhood’s
rich mix of older Victorian and Craftsman homes, new apartments
and vibrant restaurant and retail scene. They now mingle shoulder
to shoulder with the state legislators, lobbyists and State
Capitol workers that have long inhabited this area. Apartments
range in price form $600 to $1,500/month. Homes and bungalows
range from $250,000 to $493,000.
- Land Park
This historic, custom home area just south of downtown is built
around wooded Land Park and the Sacramento Zoo. The neighborhood
offers 2, 3, and 4 bedroom Tudors and bungalows ranging in price
from $310,000 to $849,000. Similar nearby areas include Meadow
Park, Hollywood Park and Curtis Park neighborhoods.
- South Land Park Hills
Custom home area with 2, 3, and 4 bedroom 1940 and 1950s era
homes ranging in price from $200,000 to $875,000.
- Pocket/Greenhaven Area
Existing custom homes near Lake Greenhaven include 3 bedroom,
2 bath single-family homes ranging from $230,000 to $650,000.
The Riverlake and Carriage Estates subdivisions include some
new and larger 3, 4, and 5 bedroom homes along the Sacramento
River priced from $280,000 to $950,000.
- South Natomas
Easy freeway access makes the Natomas area, just ten minutes
from West Sacramento, a convenient choice for West Sacramento
employees. New subdivisions include homes priced from $300,000
to $400,000 with clubhouses and common recreational facilities.
Existing homes in South Natomas, south of Interstate 80, include
3 and 4 bedroom homes from the mid $200,000’s. South Natomas
also features a wide variety of apartment choices, ranging from
$650/month entry-level units to $1,200/month gated luxury apartments.
- North Natomas
A variety of builders are offering new homes in North Natomas
varying in size from 1,300 to 4,000 square feet. The homes are
generally priced from $200,000 to $770,000.
DAVIS
- Davis
The city of Davis, home to the University of California at Davis,
is a 10-minute drive from West Sacramento via I-80. Luxury executive
homes are nestled around a master planned golf course in the
Wildhorse and Mace Ranch communities with home prices in the
$450,000 and up range. Lake Alhambra is a beautiful community
with custom homes situated around a man-made lake that range
in price from $550,000 to $1,100,000. Many older neighborhoods
in Davis offer homes with a median price of $429,000. Residents
of Davis enjoy high performing schools, numerous parks and greenbelts
and the energy and cosmopolitan flavor of a university town.
WOODLAND
- Downtown and East Woodland
The historic seat of Yolo County and the area’s agricultural
business center, Woodland sits astride Interstate 5 approximately
20-25 minutes drive from West Sacramento. It features a charming
downtown with streets of restored Victorian homes and newer
subdivisions with prices for 3-bedroom, 2 bath homes ranging
from $264,000 to $594,000.
|