This charming home is located in the sought-after Colonial Village subdivision of Sacramento and is perfect for a first time buyer or investor! Close proximity to Hwy 50 and the 99 make for a convenient commute to downtown or the Bay. Easy access to public transportation, 10 minutes to Sac State, and shopping complexes. Well-maintained 3 bed 1 bath home + 1 car garage. Tons of updates done within the last few years, including a brand new roof & gutter guards installed in 2023, and insulation and ducting repaired during this time as well. Bathroom has been tastefully remodeled within the last year with a new backsplash, new toilet + tub/shower, and new vanity. Original wood floors were refinished in 2019. New water heater (2021) and full garage door replacement + garage door opener (2020) round out the many improvements done to this home. One of the highlights of this property is its spacious backyard, perfect for outdoor gatherings, gardening, or creating your own private retreat. Appliances (including washer and dryer) can stay with property. Whether you're a first-time homebuyer, an investor, or looking to downsize, 5001 Lippitt Ln is the ideal place to call home!