The Parkway, created in 1996, is a master-planned community in Folsom known for its impeccable yards, winding trails and green spaces. "The Parkway is one of my favorite neighborhoods in Folsom and is always a top contender for buyers coming to our area," says Lauren Bushell, a Folsom resident and Realtor with McKiernan Realty.
The contemporary homes in The Parkway range from 1,800 to 3,500 square feet, with Mediterranean-inspired stucco exteriors and tile roofs. Prices start around $670,000 and get up to $950,000 for larger homes with backyard pools. Compared to similar surrounding communities, lot sizes are smaller, but homes tend to be larger and more modern, most built in the late 1990s and early 2000s. But what really sets The Parkway apart is its proactive Homeowner's Association, which might be a draw or a drawback, depending on what a homebuyer is looking for. "There is an HOA that covers front yard landscaping and has strict requirements on exterior paint colors and parking, so the community always shows impeccably," Bushnell explains. "You'll never find a dead lawn or an unwanted RV next door…but you need to be a homeowner that loves abiding by rules and regulations."
Students are part of the Folson-Cordova Unified School District and are zoned for some of its top schools. Most kids can walk to Oak Chan Elementary School, which gets an A rating from Niche. Then it's on to Folsom Middle School, rated A and Vista Del Lago High School, rated A-plus. Niche ranks the middle and high schools as the top options within the district and among the top five within the whole county. Vista Del Lago is known for its strong academic culture, with AP courses and a Career and Technical Education program that prepares students for their next steps.
"My favorite part of the neighborhood is the trail system that runs throughout the community, splitting the neighborhood in half and providing miles of trails to run or ride your bike," Bushell says. "This is what gives the Parkway its name. Many homes in the community back up to the trail system and green space, offering tranquility and privacy — the city did a great job planning the neighborhood." The trail network connects several local parks, like Econome Family Park, which has modern sports amenities, and the nearby Castle Park, beloved by kids for its themed wooden play structure.
The Folsom Square shopping center, with a Trader Joe's and Target, is conveniently just 2 miles down Blue Ravine Road. And the Raley's in the north is even closer, less than a mile from some homes. There are a couple of eateries and a sports bar around the Raley’s, and Folsom has plenty to choose from for more dining options.
The Folsom region is known for its outdoor offerings, from water sports on Folsom Lake to skiing and hiking out in the Sierras. Closer to home, the Folsom City Zoo Sanctuary is a terrific site to observe rescued wild and domestic animals. Folsom itself has several festivals as well as the Premium Outlets for shopping and a quaint Historic District. And when Christmas comes around in The Parkway, many neighbors go all-out, giving a festive air to the whole community.
Mello-Roos, also known as Community Facilities Districts (CFDs), are special districts established by local governments in California to obtain additional public funding. They are a disadvantage of the region and add additional fees to property taxes on homes in The Parkway. The county, city and school districts employ these financing districts to fund some public works and services.
Sacramento is about 25 miles away from The Parkway, a 30-minute drive that can easily stretch into an hour with traffic. The Gold Line light rail runs into the big city in about an hour, but the nearest stop is in the Folsom Historic District, 4 miles from The Parkway.
Jennie Daniel
RE/MAX Gold El Dorado Hills
(916) 280-0890
42 Total Sales
1 in The Parkway
$830,000 Price
Eric Macalma
TurboHome Brokerage Inc.
(279) 444-4561
68 Total Sales
1 in The Parkway
$735,000 Price
Marin Whitaker
Mid Valley Funding and Investment
(916) 848-5913
25 Total Sales
1 in The Parkway
$1,005,000 Price
Matt Sundermier
Blue Waters Mortgage and Real Estate Group
(916) 517-4861
66 Total Sales
2 in The Parkway
$755K - $950K Price Range
Karen Catania
Windermere Signature Properties Cameron Park/Placerville
(530) 240-7367
100 Total Sales
1 in The Parkway
$825,000 Price
Michael Miller
Miller Real Estate
(916) 245-9571
122 Total Sales
1 in The Parkway
$550,000 Price
| 1 - Low Crime, 10 - High Crime | The Parkway | US |
|---|---|---|
| Homicide | 1 | 4 |
| Sexual Assault | 2 | 4 |
| Assault with Weapon | 2 | 4 |
| Robbery | 1 | 4 |
| Burglary | 3 | 4 |
| Motor Vehicle Theft | 3 | 4 |
| Larceny | 3 | 4 |
| Crime Score | 2 | 4 |
Source: WhatIsMyCrimeRisk.com
On average, homes in The Parkway, Folsom sell after 34 days on the market compared to the national average of 55 days. The median sale price for homes in The Parkway, Folsom over the last 12 months is $775,000, down 8% from the median home sale price over the previous 12 months.
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Median List Price
$799,000
|
Median Sale Price
$775,000
|
|
Median Single Family Sale Price
$825,500
|
Median 2 Bedroom Sale Price
$476,500
|
|
Median Change From 1st List Price
2%
|
Last 12 months Home Sales
54
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|
Median Home Sale Price YoY Change
-8%
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Average Price Per Sq Ft
$352
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|
Number of Homes
1,456
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Number of Homes for Sale
10
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|
Median Year Built
2003
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Months of Supply
2.20
|
|
Average Single Family Home Size Sq Ft
2,524
Above the national average
1,934
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Average Townhouse Size Sq Ft
1,542
|
|
Average 2 Bedroom Size Sq Ft
1,449
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Median Lot Size Sq Ft
6,969
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$775,000
Welcome to this charming single story four bedroom, two bath home located in the highly sought after Parkway neighborhood of Folsom. Thoughtfully designed for comfortable everyday living, this inviting home offers a wonderful combination of space, convenience, and an unbeatable location. Features new interior paint and carpet. The kitchen is flooded with natural light, plenty of cabinet storage,
$1,225,000
This is the one you have hoped for all summer! From the moment you step inside, it's clear this home has been thoughtfully updated and impeccably cared for. Every room feels finished, intentional and magazine-worthy. The stunning kitchen is the heart of the home, complemented by a spacious custom designer pantry that is as beautiful as it is functional. With 5 bedrooms, including a downstairs
Erica Kaestner GUIDE Real Estate
$499,000
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
$699,000
Bright, open, and beautifully designed, this move-in-ready 4-bedroom, 3-bath home offers the perfect blend of modern comfort and natural living in one of Folsom's most desirable neighborhoods. From the moment you step inside, you'll notice the abundance of natural light streaming through large windows in every room, creating a warm, airy atmosphere throughout the home. The open-concept floor plan
Ada Pizon Star Home Realty
$895,000
Finally, a home where everyone has room to be together and room to be on their own. That's what sets 1168 Elderberry Circle apart. Just off the great room, a flexible main-level room with French doors and an adjoining full bath is ready to become whatever your family needs most, home office, guest room, playroom, or space for extended family. Upstairs, the spacious primary suite includes a
Shannon Yoffie Keller Williams Realty EDH
$649,500
Nestled on a quiet court in Folsom's desirable Parkway neighborhood, this inviting single-story home combines an easy-living floor plan with a location that's hard to beat. Offering 3 bedrooms, 2 bathrooms, and 1,506 sq. ft., the home is thoughtfully designed with bright, open living spaces and plenty of natural light throughout. The main living area flows seamlessly into the dining space and
Owen Taylor Realty ONE Group Complete
$525,000
Distinctive by Nature is the city of Folsom's moto and this property fits the bill. Overlooking a large greenbelt, adjacent to walking and bike trails, with Folsom Lake moments away, this property puts nature right in your backyard. Yet you are within walking distance to shopping, restaurants and schools. Featuring 3 bedrooms, 2.5 baths, attached 2 car garage, open floor plan, beautiful
Steve Burke Burke Realty Group, Inc.
$699,000
This impeccably maintained Parkway home features four bedrooms and three full baths including a full bedroom and bath downstairs. The family room, kitchen, dining area and covered patio all face a protected nature area with vernal pools and recreational trails. The large kitchen island, stainless steel appliances and abundant storage make this a real cook's kitchen. Upstairs you'll find the
Brittany Black RE/MAX Gold Folsom
$999,000
This 5 bedroom Parkway home has everything that you're looking for! Beautiful engineered hardwood flooring, contemporary kitchen with granite counters and subway tile, travertine flooring in kitchen and baths. The flexible floorplan include 5 bedrooms, downstairs bed and full bath, great room, formal dining, Upstairs landing/library and a spacious primary suite with shower, tub, dual sinks and
Nate Perkins Berkshire Hathaway HomeServices-Drysdale Properties
$849,000
Discover the perfect blend of comfort, style, and timeless appeal in this beautiful Folsom home, featuring a predominantly single-story design with a versatile loft that adds flexibility and charm. From the moment you arrive, inviting curb appeal sets the tone for the warm and welcoming interiors. Rich hardwood floors flow through the main living spaces, while oversized windows fill the home with
Kelli Griggs Navigate Realty
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Total Population
4,592
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Median Age
42
|
|
Population Density
9 ppl/acre
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Population under 18
27.6%
On par with the national average
23.8%
|
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Population over 65
12.8%
Below the national average
19.1%
|
|
|
Median Household Income
$177,743
Significantly above the national average
$79,597
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Average Household Income
$197,177
|
|
High School Graduates
98.8%
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College Graduates
73.5%
Significantly above the national average
34.1%
|
|
Advanced Degrees
32%
Above the national average
13.3%
|
% Population in Labor Force
76.1%
|
|
Annual Precipitation
19''
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Average Winter Low Temperature
41°F
|
|
Average Summer High Temperature
94°F
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Annual Snowfall
0''
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Bikeability
Walkability
Transit
Local Logic measures the walkability, access to public transit and bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.
A quiet residential community steps away from Folsom Point State Park
A luxurious neighborhood with easy access to golf and Folsom Lake
Affluent suburban neighborhood located in a top-rated school district
Serene gated community offering scenic views near Folsom Lake
An upscale neighborhood with highly rated schools, shopping and parks
Affluent suburban housing located in the heart of Folsom, California
