23 Riverbank Pl, Carmichael, CA, 95608
About This Home
Classic luxury meets natural beauty in this remarkable riverfront residence- the original home built within the Riverwood community. Set along a beautiful bend of the American River, the home enjoys breathtaking water views and the gentle sound of nearby rapids, surrounded by majestic heritage oaks and tranquil koi ponds. A wall of windows fills the spacious living room with natural light while perfectly framing the river views. A striking fireplace with a hand-carved mantel depicting the river setting creates a warm focal point for relaxing or entertaining. The updated kitchen features expansive windows and extensive pull-out cabinetry, opening seamlessly to outdoor patios overlooking the pond and river, creating effortless indoor-outdoor living. The thoughtfully designed floor plan includes generous living and dining spaces and two primary suites, including a serene retreat with vaulted ceilings, a sitting area, and calming river views. Speakers throughout the home enhance the ambiance. Additional features include a private dog run, a private driveway with four parking spaces, and exceptional privacy within the community. Enjoy Riverwood, it is a lifestyle with amenities including pickleball and tennis courts, two pools and a spa, scenic walking paths, and private gated river access for fishing, kayaking, and paddleboarding. Just beyond Riverwood is Ancil Hoffman Park and the American River Parkway, offering miles of trails for walking, cycling, and outdoor recreation. Riverwood is a Natural Habitat Certified community, known for its preserved landscape, mature trees, and peaceful riverfront setting, offering one of the Sacramento region's most beautiful places to call home.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1973
Materials
- Foundation: Slab
- Roof: Tile
- Construction materials: Adobe,Frame,Wood
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Gas Cooktop,Built-In Refrigerator,Range Hood,Ice Maker,Microwave,Warming Drawer
- Laundry features: Laundry Closet,Ground Floor
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Dining Room
- Features: Formal Area
Features
- Flooring: Carpet,Tile
- Number of fireplaces: 3
- Fireplace features: Living Room,Master Bedroom,Den
- Fireplace: Yes
Heating & Cooling
- Heating features: Central
- Cooling features: Ceiling Fan(s),Central Air
Interior Area
- Total interior livable area: 3,855 sqft
Kitchen
- Features: Marble Counter
Property
Details
- Parcel number: 28304500110000
- Attached to another structure: Yes
- Zoning description: R 1 B
- Special condition: Standard
Features
- Private pool: Yes
- Pool features: Community
- Exterior features: Balcony,Outdoor Grill
- On waterfront: Yes
- Waterfront features: River Access,River Front,Waterfront
Lot
- Lot size: 4,356 sqft
- Features: Cul-De-Sac,Private,Dead End,Landscape Back,Landscape Front,Low Maintenance
Parking
- Total spaces: 2
- Parking features: Garage Door Opener
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Inland Flooding
How This Home’s Risks Compare
FEMA Declared Disasters in Sacramento County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $12,616 | $151,392 |
| Home Insurance * | $701 | $8,412 |
| Property Taxes | $2,540 | $30,480 |
| Electricity | $826 | $9,919 |
| Total | $16,683 | $200,196 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-13 | Listed for sale | $2,995,000 |
For Sale by Agent
View on Zillow