1024 Overlook Rd, Berkeley, California 94708, Berkeley, 94708 - 3 bed, 2 bath
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1024 Overlook Rd
Berkeley, California 94708
ACTIVE
CONDITION: GOOD
3Beds
2Baths
1,537Sq Ft
6,494Lot Size
Property Price
LIST PRICE$998,000
EST. MARKET VALUE
$1,160,188
13% BelowMARKET VALUE
SUMMARY
This Mid-Century Modern Single Family Residence is a High-Potential Investment Opportunity, listed at $998,000—positioned well below the $1,160,188 Fair Market Value by 13%. This valuation gap offers $162,188 in Instant Equity. Featuring sweeping Bay views, vaulted wood-beamed ceilings, and a Condition Rating of 3, the home balances architectural character with modernization potential. While energy efficiency upgrades are recommended, the property’s layout and location provide significant upside. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term value.
Estimated Market Value
$1,160,188+$162,188 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Berkeley.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1024 Overlook Rd Subject 3 bd · 2 ba · 1,537 sqft · $755 | $998,000* List Price | 3 | 2 | 1,537 | $755 | - |
A 1155 1155 Keeler Ave Sold 4 bd · 2 ba · 2,126 sqft · $601 · 0.3 mi | $1,278,000 | 4 | 2 | 2,126 | $601 | 0.3 mi |
B 200 Fairlawn Dr Pending 3 bd · 2 ba · 1,525 sqft · $714 · 0.7 mi | $1,089,000 List Price | 3 | 2 | 1,525 | $714 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1955, the home is well-maintained and move-in ready. The bathrooms have been updated with modern vanities, stone countertops, and a glass-enclosed tile shower (likely 5-15 years old). The kitchen features updated stainless steel appliances, though the cabinetry and tile counters remain dated. The original mid-century architectural details like vaulted wood ceilings and hardwood floors appear in good condition.
PROSSTRENGTHS & OPPORTUNITIES
- Mid-Century Modern Architecture
The home features iconic 1955 design elements including vaulted wood-beamed ceilings, wood-paneled accents, and a striking brick fireplace that preserve its timeless character.
- Scenic Bay Views
Large windows and glass doors provide abundant natural light and sweeping views of the San Francisco Bay and surrounding hillsides, significantly increasing the property's desirability.
- Indoor-Outdoor Flow
The layout offers a seamless connection to outdoor spaces and mature landscaping, complemented by convenient rear-alley access and a functional floor plan.
CONSRISKS & DEFICIENCIES
- Poor Energy Efficiency
With a Home Energy Score of 1, the property likely requires substantial upgrades to insulation and systems to improve efficiency and reduce utility costs.
- High Association Fees
The $545 monthly association fee is a notable recurring expense for a single-family home, which may impact the overall affordability for some buyers.
About 1024 Overlook Rd
Welcome to this beautiful 3-bedroom, 2-bath Mid-Century Modern home, offering timeless architectural character, spacious living areas, and beautiful Bay views. The impressive living room showcases classic Mid-Century details, including vaulted wood-beamed ceilings, warm wood-paneled accents, hardwood floors, and a striking brick fireplace. Large windows and glass doors bring in abundant natural light and create a seamless connection to the outdoor spaces. The kitchen offers generous cabinetry and counter space, along with a gas range, refrigerator, dishwasher, and in-unit washer and dryer. A charming breakfast nook sits just off the kitchen, while the separate dining room features built-in shelving and access to the outdoor patio. All three bedrooms feature hardwood floors, natural light, and vaulted ceilings. The home includes two full bathrooms, including one with a double-sink vanity and glass-enclosed shower. Enjoy sweeping Bay and hillside views, mature landscaping, a garage, and convenient rear-alley access. Home Energy Score of 1
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1955
- Lot Size
- 6,494 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $545.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.2 |
| Baths | 2.0 | 2.2 |
| Square foot | 1,537 | 1,939.842 |
| Lot Size | 6,494 | 5,015.791 |
| Price | $998.0K | $1.78M |
| Price per sq ft | $649 | $1.0K |
| Built year | 1955 | 1925 |
| HOA | $545.0 | $443 |
| Days on market | 46 | 32 |
Pricing History
Listed for Sale
Sep 8, 2026
$998,000
Initial Listing