
Walnut Creek, California 94598
This property presents a High-Potential Investment Opportunity with a List Price of $1,250,000—positioned above the $1,202,313 Fair Market Value. While the property requires a comprehensive rehab due to its Fair Condition Rating, the expansive 26,223 SQ FT lot offers significant Development Potential for a lot split or ADU construction. Featuring a New Roof (2025) and Newer HVAC, this asset is ideal for Fix-and-Flip Investors or Contractors looking to unlock value in a prime Walnut Creek location near top-tier schools.
Property is extensive renovation needed.
Built in 1955 and largely in original condition, the home features a severely outdated kitchen and interior finishes exceeding 30 years in age. While the roof and HVAC are recently updated, the property exhibits significant structural concerns, including large cracks in masonry walls and dilapidated exterior structures, necessitating a comprehensive rehab.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 26223, living area = 2094.
The expansive 26,223 SQ FT flat lot offers rare opportunities for a lot split, ADU construction, or a massive backyard transformation in a highly desirable neighborhood.
The property features a brand-new roof (2025), a newer HVAC unit, and a private well for irrigation, providing essential system reliability and cost savings.
The property is being sold in its present condition, likely requiring significant cosmetic or structural investment to modernize the 1955 original structure.
Potential for a lot split or expansion is subject to city approval, requiring the buyer to navigate municipal zoning and verification processes.
Flat 26,223 SQ FT Lot with a 3 Bedroom, 2 Bath Home. New roof on or about January 2025. Newer HVAC unit. Well water for outside watering. In the family since 1955. Ideal for investors, entrepreneurs, contractors, or visionaries looking to create something spectacular. Lots of room for expansion or backyard paradise! Please verify with the City of Walnut Creek regarding the possibility of a "Lot Split" or SFR with ADU. Prime location near shops, restaurants, breweries, Carondelet and De La Salle High Schools. Unique opportunity to invest in one of Walnut Creek's most desirable neighborhoods. Bring your imagination and unlock the potential of this super property :~) Contact your Broker/Agent to schedule a tour today. Property being sold in its present condition. DO NOT walk onto the property without permission from David J Weed, Seller's Broker.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 2,094 | 2,053 |
| Lot Size | 26,223 | 11,600 |
| Price | $1.25M | $1.57M |
| Price per sq ft | $597 | $766 |
| Built year | 1955 | 1962 |
| HOA | $0 | $591 |
| Days on market | 30 | 33 |
Jun 22, 2026
$1,250,000
Initial Listing