Parkway - South Sacramento Real Estate

Welcome to Parkway, a vibrant neighborhood nestled in the heart of South Sacramento, California. This charming community is known for its rich diversity, welcoming atmosphere, and a variety of amenities that cater to residents of all ages. Parkway offers a unique blend of suburban tranquility and urban convenience, making it an ideal place to call home.

One of the standout features of Parkway is its abundance of green spaces. With several parks and recreational facilities nearby, families and outdoor enthusiasts can enjoy picnics, sports, and leisurely strolls under the California sun. The neighborhood is also conveniently located near the Sacramento River, providing residents with opportunities for fishing, kayaking, and enjoying scenic views.

Parkway boasts a strong sense of community, with local events and gatherings that bring neighbors together. The area is home to a variety of restaurants, shops, and services, ensuring that everything you need is just a short drive or walk away. From cozy cafes to cultural eateries, Parkway's dining scene reflects the rich tapestry of its residents.

Education is a priority in Parkway, with several well-rated schools in the vicinity, making it an excellent choice for families. The neighborhood is also well-connected to public transportation, allowing for easy commutes to downtown Sacramento and beyond.

Whether you’re a first-time homebuyer, a growing family, or looking to retire in a peaceful setting, Parkway offers a wonderful lifestyle filled with opportunities for connection, recreation, and growth. Come explore all that this delightful neighborhood has to offer!

Newest Listings in Parkway - South Sacramento

$299,000

2 Beds ⋅ 1 Baths ⋅ 980 SqFt. ⋅ 226094170 MLS

Welcome to 5604 Bonniemae Way, a super clean and move-in ready home that's perfect for first-time buyers or anyone looking for a great value. This home features many recent upgrades, including new flooring, updated kitchen cabinets, an updated bathroom, dual-pane windows, and a new stove. The spacious lot offers a large side yard with potential for RV parking. In addition to the main bedrooms, there's a versatile third room in the back that can be used as a third bedroom, home office, gym, or flex space. With its functional layout, numerous updates, and excellent condition, this is a fantastic opportunity you won't want to miss!

5604 Bonniemae Way, Sacramento

Listing courtesy of eXp Realty of Northern California, Inc..

$465,000

3 Beds ⋅ 2 Baths ⋅ 1,536 SqFt. ⋅ 226093671 MLS

Renovated and move in ready, 4304 Iowa Avenue offers modern style, thoughtful upgrades, and a functional layout in an established Sacramento neighborhood. This beautifully updated 3 bedroom, 2 bathroom home has been renovated throughout with new flooring, fresh interior and exterior paint, remodeled bathrooms, updated lighting and plumbing fixtures, and a redesigned kitchen that serves as the centerpiece of the home. Step inside to a bright open floor plan featuring spacious living and dining areas, recessed lighting, and a cozy brick fireplace that adds warmth and character. The fully staged interior highlights the versatility of the layout and creates an inviting atmosphere from the moment you walk in. The stunning kitchen features white shaker cabinetry, quartz countertops, stainless steel appliances, bar seating, modern black fixtures, and a brand new refrigerator included with the sale. The open concept design flows seamlessly into the dining and living areas, making it ideal for entertaining or everyday living. The spacious primary bedroom includes a beautifully remodeled bathroom with modern finishes and a sleek walk in shower. Both bathrooms have been tastefully updated with contemporary finishes and clean design throughout. Outside, enjoy attractive curb appeal, a large front lawn, and a low maintenance backyard complete with an oversized covered patio area perfect for outdoor dining, gatherings, or relaxing evenings at home. The backyard offers flexibility for entertaining, gardening, pets, or future customization. The property also features a 2 car garage and extended driveway parking. Conveniently located near Highway 99, Highway 50, and Downtown Sacramento, this home offers easy access to Midtown, UC Davis Medical Center, Aggie Square, shopping, dining, and everyday conveniences. Approximately 10 to 15 minutes from Downtown Sacramento, this is an excellent opportunity for first time homebuyers, growing families, or anyone looking for a turnkey remodeled home with modern finishes and commuter friendly access.

4304 Iowa Avenue, Sacramento

Listing courtesy of Berkshire Hathaway Home Services Elite Real Estate.

$335,000

3 Beds ⋅ 1 Baths ⋅ 1,332 SqFt. ⋅ 226093424 MLS

Investor special! Welcome to 5830 40th Street, a rare value-add opportunity with endless potential. Situated on an expansive 1/4 acre lot, this 3-bedroom, 1-bath home is ready for its next chapter. Featuring a functional floor plan, solid bones, and original hardwood floors, this property offers an excellent canvas for a renovation or long-term investment. One of the standout features is the detached 3-car garage, presenting exciting possibilities for an ADU, workshop, or additional income potential. Conveniently located within walking distance to schools and parks, this property combines location, lot size, and opportunity. Whether you're looking to flip, renovate, or expand, this is a project you won't want to miss.

5830 40th Street, Sacramento

Listing courtesy of Capital's Finest, Inc..

$465,000

1,704 SqFt. ⋅ 226083482 MLS

Whether you're looking to build wealth through real estate or enjoy the benefits of owner-occupied investing, this duplex checks all the boxes. One unit is vacant and move-in ready, allowing you to immediately occupy the property or lease it at current market rents. The second unit is occupied by dependable long-term tenants, creating reliable rental income from the start. Each 2-bedroom, 1-bath residence offers comfortable living with private laundry and separate outdoor space, while one unit also includes an attached garage. Conveniently located near Pacific Elementary School, neighborhood shopping, restaurants, and easy Highway 99 access, this is an exceptional opportunity to own a flexible income-producing property.

6105 40th Street, Sacramento

Listing courtesy of Fathom Realty Group, Inc..

$422,000

3 Beds ⋅ 2 Baths ⋅ 1,197 SqFt. ⋅ 226092069 MLS

5351 Bonniemae Way is a one-story Sacramento ranch-style home with an open, light-filled layout. The kitchen features white cabinetry, light countertops, a gas range, and stainless steel appliances, with a window overlooking the yard. The main living room includes a fireplace and connects to additional living and dining areas finished with neutral tones and wood-look flooring. Several bedrooms offer generous natural light and closet space, while the bathrooms include vanities, a soaking tub, and a separate shower. Outside, a fully fenced backyard with a covered patio and mature shade trees provides ample outdoor space, and an attached two-car garage adds convenient parking. Clean interior finishes complete this well-maintained residence throughout.

5351 Bonniemae Way, Sacramento

Listing courtesy of Opendoor Brokerage Inc.

$388,000

3 Beds ⋅ 2 Baths ⋅ 1,456 SqFt. ⋅ 226091969 MLS

Welcome to 7106 South Parkway! Situated in Parkway Estates on a spacious corner lot in one of Sacramento's established neighborhoods, this inviting single-story home combines classic charm with everyday functionality. This home offers oak hardwood flooring adding warmth and character throughout, a cozy fireplace in the cozy living room, large family room, nicely sized bedrooms and large dual pane windows throughout creating a bright and airy space. The covered front porch and expansive covered backyard patio create the perfect spaces to relax, gather, and entertain year-round. The oversized corner lot offers great RV access and parking, extra parking, and room for all your outdoor hobbies and toys. Ideally located near parks, schools, shopping, restaurants, and commuter routes, it's ideal for buyers seeking comfort, convenience, and easy freeway access. Don't miss your opportunity to make this Sacramento gem your own!

7601 South Parkway, Sacramento

Listing courtesy of Keller Williams Realty.

$1,795,000

226091537 MLS

7121 Governors Circle presents a rare opportunity to acquire a turnkey freestanding restaurant, bar, and entertainment property in one of Sacramento's established commercial corridors. Situated on 0.73 acres with a 4,848 square foot free standing building, 36 on-site parking spaces, a fully equipped commercial kitchen, outdoor patio, stage, and a transferable Type 47 Liquor License, creating an exceptional opportunity for immediate occupancy and operation. The property has been extensively renovated with significant capital improvements, creating a turnkey opportunity for restaurant, hospitality, entertainment, brewery, sports bar, banquet, and lounge operators. A new owner can avoid the substantial costs, permitting timelines, and construction risks associated with developing or converting a comparable facility. Strategically located with immediate access to Highway 99 and Florin Road, the property offers excellent visibility, regional accessibility, and proximity to dense residential neighborhoods, major retailers, hotels, office users, and Downtown Sacramento. With the limited supply of freestanding restaurant properties featuring a transferable Type 47 Liquor License, 7121 Governors Circle presents a rare owner-user or investment opportunity with immediate operational capability and long-term upside.

7121 Governors Circle, Sacramento

Listing courtesy of KW Sac Metro.

$460,000

3 Beds ⋅ 2 Baths ⋅ 1,402 SqFt. ⋅ 226091349 MLS

Contact Alice Liu to schedule a private viewing of this exceptional property before it's gone

5541 Sampson Boulevard, Sacramento

Listing courtesy of Beatific Associates Inc..

$475,000

3 Beds ⋅ 2 Baths ⋅ 1,189 SqFt. ⋅ 226089830 MLS

MOVE-IN READY ON A RARE .22-ACRE ADU-READY LOT! NEW ROOF NEW Heating Ventilation & Air Conditioning REMODELED BATHROOMS NEW AUTOMATIC GARAGE DOOR OPENER SYSTEM EXTENDED GARAGE NEW FENCE AROUND THE PROPERTY NEW TILE FLOORS throughout. TWO (2) New Sliding Glass Doors (kitchen & primary bedroom), both bathrooms remodeled. All major upgrades were completed with permits. THE ADU-READY OVERSIZED .22-ACRE LOT is the true showstopper, offering endless possibilities for an ADU, guest house, multigenerational living, pool, workshop, outdoor kitchen, garden, or private backyard retreat. Possible RV access adds even more versatility. A rare combination of permitted upgrades, usable land, and future income potential this is more than a home; it's an investment in your lifestyle and your future. ALL NEW IN 2024 & 2026. Beautifully updated 3-bedroom, 2-bath home built in 1982 offering 1,189 sq. ft. of move-in-ready living on a rare .22-acre oversized lot with incredible flexibility and future value. Original windows and most interior doors are in good working condition, providing an excellent opportunity to personalize while enjoying the peace of mind that the home's major systems have already been updated. Conveniently located near shopping, schools, parks, major medical centers, and commuter routes.

4271 Soledad Avenue, Sacramento

Listing courtesy of Realty One Group Complete.

$460,000

3 Beds ⋅ 2 Baths ⋅ 1,939 SqFt. ⋅ 226090246 MLS

7007 Ursa Pkwy is a single-story Sacramento home set on a mature, tree-shaded lot. The kitchen features wood cabinetry, stainless steel appliances, and a granite-topped center island that adds preparation and serving space. The main living areas include a fireplace that anchors the room and adds warmth, along with ceiling fans, carpeting, and sliding doors that connect to the outdoors. The bedrooms provide carpeting, ceiling fans, and closet space for storage and organization, while the bathrooms offer vanity storage and combined tub-and-shower fixtures. An attached two-car garage adds parking and storage. Outdoors, a patio and a fenced backyard with established landscaping extend the usable space. Practical amenities complete this well-maintained residence.. Included 100-Day Home Warranty with buyer activation

7007 Ursa Parkway, Sacramento

Listing courtesy of Opendoor Brokerage Inc.

$350,000

3 Beds ⋅ 1 Baths ⋅ 1,041 SqFt. ⋅ 226089023 MLS

Check out 4601 Summit Way, a residence updated with fresh interior paint and new flooring throughout home, complemented by new appliances. The interior updates are matched by comfortable living areas, including a welcoming fireplace, and exterior spaces that contain a covered patio leading to a fenced in backyard. Experience updated living with comfort inside and out; it's ready for you.

4601 Summit Way, Sacramento

Listing courtesy of Opendoor Brokerage Inc.

$380,000

3 Beds ⋅ 2 Baths ⋅ 1,125 SqFt. ⋅ 226088225 MLS

Welcome to this beautifully updated home in Sacramento's Parkway neighborhood! Featuring a new roof and new A/C, this move-in-ready property offers peace of mind along with modern comfort. Inside, you'll find a functional layout with inviting living spaces, making it a great fit for first-time buyers, growing families, or investors. Conveniently located with quick access to Highway 99, this home is just minutes from shopping and dining along Stockton Boulevard, Florin Towne Centre, UC Davis Medical Center, Sacramento City College, Sac State, and Downtown Sacramento. Enjoy nearby parks, recreation, and an easy commute throughout the Sacramento region. Don't miss this opportunity to own an updated home in a centrally located Sacramento neighborhood with easy access to everything the city has to offer!

4605 38th Avenue, Sacramento

Listing courtesy of Adroit Real Estate.

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All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. Broker has represented to MetroList that Broker has a valid listing signed by seller authorizing placement in the MLS. Above information is provided by Seller and/or other sources and has not been verified by Broker. Copyright 2026 MetroList Services, Inc. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of MetroList® MLS. All information has been provided by seller/other sources and has not been verified by broker. All interested persons should independently verify the accuracy of all information. Last updated .