501 Picasso Way, Folsom, CA, 95630
About This Home
Welcome to Rivage in the Folsom Parkway. This inviting 3-bedroom, 2.5-bath condominium offers approx 1,501 square feet of living space. Interior designed with laminate flooring in downstairs living room, dining room, upstairs hallway and one bedroom, with tile floors in kitchen, laundry and bathrooms, and carpet in two bedrooms and on the staircase. The dual-pane vinyl windows are accented with plantation shutters. The main level offers open living and dining rooms that flow seamlessly between the kitchen and patio, perfect for everyday living, relaxing and entertaining. The kitchen features wood cabinetry, gas range and oven, microwave, dishwasher, disposal, and pantry cabinet. A convenient half bath and laundry room with storage cabinets complete the main floor. Upstairs you have three spacious bedrooms, two full baths and a built-in desk in the hallway that provide privacy and comfort. The primary suite includes an ensuite bathroom with dual vanity, and a large shower enclosure. There is an attached 2 car garage and the community has additional parking for guests. The Rivage Association offers roof and exterior and grounds maintenance, insurance on the structure, security patrol, a playground and access to nearby trails perfect for outdoor adventures. The property includes a refrigerator and Samsung washer and dryer. Ideally located near shopping, restaurants, schools, parks, and Folsom Lake recreation. Move-in ready!
Getting Around
Car-Dependent
Very Limited Transit
Very BikeableSchools
Construction
Condition
- Year built: 2007
Materials
- Foundation: Slab
- Roof: Tile
- Construction materials: Stucco,Wood
Type & Style
- Home type: Condo
- Property subType: Condominium
Interior
Appliances
- Appliances included: Free-Standing Gas Range,Dishwasher,Disposal,Microwave,Free-Standing Electric Oven
- Laundry features: Cabinets,Inside Room
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- Partial bathrooms: 1
Dining Room
- Features: Dining/Living Combo
Features
- Flooring: Carpet,Laminate,Tile
- Number of fireplaces: 1
- Fireplace features: Living Room,Gas Log
- Fireplace: Yes
- Common walls with other units/homes: End Unit
Heating & Cooling
- Heating features: Central
- Cooling features: Ceiling Fan(s),Central Air
Interior Area
- Total structure area: 0
- Total interior livable area: 1,501 sqft
Kitchen
- Features: Granite Counters,Tile Counters
Master Bathroom
- Features: Shower Stall(s),Double Vanity,Tile
Master Bedroom
- Features: Walk-In Closet
Property
Details
- Parcel number: 07118400080037
- Attached to another structure: Yes
- Zoning: SP93-3
- Special condition: Standard
Features
- Fencing: Back Yard
Lot
- Features: Sprinklers In Front,Sprinklers In Rear,Curb(s)/Gutter(s),Street Lights
Parking
- Total spaces: 2
- Parking features: Attached,Restrictions
- 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
- Inland Flooding
- Wildfire
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 | $2,523 | $30,276 |
| Home Insurance * | $108 | $1,296 |
| Property Taxes | $501 | $6,012 |
| Electricity | $398 | $4,786 |
| Total | $3,530 | $42,360 |
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 |
|---|---|---|
| 2026-07-24 | Listed for sale | $499,000 |
| 2009-05-27 | Sold | $268,000 |
| 2008-12-12 | Sold | $240,000 |
| 2006-03-20 | Sold | $379,500 |
For Sale by Agent
View on Zillow